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REGISTERED NUMBER: 06255374 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

READY TO DELIVER LTD

READY TO DELIVER LTD (Registered number: 06255374)

Contents of the Financial Statements
for the Year Ended 31 MAY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


READY TO DELIVER LTD

Company Information
for the Year Ended 31 MAY 2024







DIRECTOR: Mrs N Kanbi





REGISTERED OFFICE: Alpha House
296 Kenton Road
Harrow
HA3 8DD





REGISTERED NUMBER: 06255374 (England and Wales)





ACCOUNTANTS: Frasers Young Limited
Chartered Certified Accountants
Alpha House
296 Kenton Road
Harrow
HA3 8DD

READY TO DELIVER LTD (Registered number: 06255374)

Balance Sheet
31 MAY 2024

31.5.24 31.5.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 342,659 471,191

CURRENT ASSETS
Stocks 7,650 21,558
Debtors 5 1,670,154 1,713,279
Cash at bank 11,830 64,508
1,689,634 1,799,345
CREDITORS
Amounts falling due within one year 6 (412,264 ) (610,552 )
NET CURRENT ASSETS 1,277,370 1,188,793
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,620,029

1,659,984

PROVISIONS FOR LIABILITIES (83,376 ) (114,714 )
NET ASSETS 1,536,653 1,545,270

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,536,553 1,545,170
SHAREHOLDERS' FUNDS 1,536,653 1,545,270

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

READY TO DELIVER LTD (Registered number: 06255374)

Balance Sheet - continued
31 MAY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 November 2024 and were signed by:





Mrs N Kanbi - Director


READY TO DELIVER LTD (Registered number: 06255374)

Notes to the Financial Statements
for the Year Ended 31 MAY 2024


1. STATUTORY INFORMATION

READY TO DELIVER LTD is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & machinery - 15% on reducing balance
Computer equipment - 15% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

READY TO DELIVER LTD (Registered number: 06255374)

Notes to the Financial Statements - continued
for the Year Ended 31 MAY 2024


4. TANGIBLE FIXED ASSETS
Plant & Computer
machinery equipment Totals
£    £    £   
COST
At 1 June 2023 1,591,280 18,119 1,609,399
Additions - 6,246 6,246
Disposals (232,428 ) - (232,428 )
At 31 May 2024 1,358,852 24,365 1,383,217
DEPRECIATION
At 1 June 2023 1,127,581 10,627 1,138,208
Charge for year 110,732 2,066 112,798
Eliminated on disposal (210,448 ) - (210,448 )
At 31 May 2024 1,027,865 12,693 1,040,558
NET BOOK VALUE
At 31 May 2024 330,987 11,672 342,659
At 31 May 2023 463,699 7,492 471,191

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 36,156 79,281
Amounts owed by group undertakings 1,633,998 1,633,998
1,670,154 1,713,279

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Hire purchase contracts 33,174 113,949
Trade creditors 70,563 69,234
Taxation and social security 104,732 135,776
Other creditors 203,795 291,593
412,264 610,552

7. ULTIMATE CONTROLLING PARTY

The controlling party is the director.