RIKA GROUP UK LTD

Company Registration Number:
10956147 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

RIKA GROUP UK LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

RIKA GROUP UK LTD

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Current assets
Debtors:   81,996 94,061
Cash at bank and in hand: 1,362,611 4,109,642
Total current assets: 1,444,607 4,203,703
Creditors: amounts falling due within one year: 3 (333,565) (3,376,411)
Net current assets (liabilities): 1,111,042 827,292
Total assets less current liabilities: 1,111,042 827,292
Total net assets (liabilities): 1,111,042 827,292
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 1,110,042 826,292
Shareholders funds: 1,111,042 827,292

The notes form part of these financial statements

RIKA GROUP UK LTD

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 December 2024
and signed on behalf of the board by:

Name: Meghadad Farrokhzad
Status: Director

The notes form part of these financial statements

RIKA GROUP UK LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services, which is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

RIKA GROUP UK LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 8 10

RIKA GROUP UK LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Creditors: amounts falling due within one year note

Trade creditors 2024 £71,913, 2023 £108,499 Taxation and social security costs 2024 £104,971, 2023 £69,589 Accruals 2024 £3,427 Other creditors 2024 £153,254, 2023 £3,198,323