Company Registration No. 12512404 (England and Wales)
R KING BUILDERS LTD
Unaudited accounts
for the year ended 29 February 2024
R KING BUILDERS LTD
Unaudited accounts
Contents
R KING BUILDERS LTD
Company Information
for the year ended 29 February 2024
Company Number
12512404 (England and Wales)
Registered Office
75 SUTTON ROAD
TERRINGTON ST. CLEMENT
KING'S LYNN
PE34 4PJ
ENGLAND
Accountants
ALMS Limited
12 Orchard Drive
West Walton
Cambs
PE14 7EZ
R KING BUILDERS LTD
Accountants' report
Accountants' report to the director of R KING BUILDERS LTD on the preparation of the unaudited statutory accounts for the year ended 29 February 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
R KING BUILDERS LTD for the year ended
29 February 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of R KING BUILDERS LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of R KING BUILDERS LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than R KING BUILDERS LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that R KING BUILDERS LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of R KING BUILDERS LTD. You consider that R KING BUILDERS LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of R KING BUILDERS LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
ALMS Limited
12 Orchard Drive
West Walton
Cambs
PE14 7EZ
23 October 2024
R KING BUILDERS LTD
Statement of financial position
as at 29 February 2024
Tangible assets
16,550
17,548
Cash at bank and in hand
1,751
8,613
Creditors: amounts falling due within one year
(75,816)
(22,691)
Net current assets
61,156
21,161
Called up share capital
100
100
Profit and loss account
77,606
38,609
Shareholders' funds
77,706
38,709
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 October 2024 and were signed on its behalf by
Raymond King
Director
Company Registration No. 12512404
R KING BUILDERS LTD
Notes to the Accounts
for the year ended 29 February 2024
R KING BUILDERS LTD is a private company, limited by shares, registered in England and Wales, registration number 12512404. The registered office is 75 SUTTON ROAD, TERRINGTON ST. CLEMENT, KING'S LYNN, PE34 4PJ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on cost
Motor vehicles
20% reducing balance
4
Tangible fixed assets
Plant & machinery
At 29 February 2024
30,973
At 29 February 2024
14,423
At 29 February 2024
16,550
At 28 February 2023
17,548
R KING BUILDERS LTD
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
7,955
1,489
Taxes and social security
10,021
6,329
Loans from directors
56,990
14,033
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).