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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
Page
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R KING BUILDERS LTD Company Information for the year ended 29 February 2024
Director
Raymond King
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
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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
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R KING BUILDERS LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
16,550 
17,548 
Current assets
Inventories
- 
30,773 
Debtors
135,221 
4,466 
Cash at bank and in hand
1,751 
8,613 
136,972 
43,852 
Creditors: amounts falling due within one year
(75,816)
(22,691)
Net current assets
61,156 
21,161 
Net assets
77,706 
38,709 
Capital and reserves
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
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R KING BUILDERS LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
£ 
Cost or valuation
At cost 
At 1 March 2023
26,417 
Additions
4,556 
At 29 February 2024
30,973 
Depreciation
At 1 March 2023
8,869 
Charge for the year
5,554 
At 29 February 2024
14,423 
Net book value
At 29 February 2024
16,550 
At 28 February 2023
17,548 
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R KING BUILDERS LTD Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
7,253 
4,466 
Amounts falling due after more than one year
Trade debtors
123,667 
- 
Other debtors
4,301 
- 
127,968 
- 
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 
Accruals
850 
840 
75,816 
22,691 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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