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REGISTERED NUMBER: 04843202 (England and Wales)












R. K. DEGA LIMITED

Financial Statements for the Year Ended 31 March 2024






R. K. DEGA LIMITED (REGISTERED NUMBER: 04843202)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


R. K. DEGA LIMITED

Company Information
for the Year Ended 31 March 2024







DIRECTOR: R K Dega





SECRETARY: Mrs M A Dega





REGISTERED OFFICE: 13 Vansittart Estate
Windsor
Berkshire
SL4 1SE





REGISTERED NUMBER: 04843202 (England and Wales)





ACCOUNTANTS: Cottrill Mason Ltd
13 Vansittart Estate
Windsor
Berkshire
SL4 1SE

R. K. DEGA LIMITED (REGISTERED NUMBER: 04843202)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,711 12,780

CURRENT ASSETS
Debtors 5 306,330 302,366
Cash at bank 273,758 276,906
580,088 579,272
CREDITORS
Amounts falling due within one year 6 23,188 13,844
NET CURRENT ASSETS 556,900 565,428
TOTAL ASSETS LESS CURRENT
LIABILITIES

566,611

578,208

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 7 566,411 578,008
SHAREHOLDERS' FUNDS 566,611 578,208

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

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

The director acknowledges his 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 November 2024 and were signed by:





R K Dega - Director


R. K. DEGA LIMITED (REGISTERED NUMBER: 04843202)

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

1. STATUTORY INFORMATION

R. K. DEGA LIMITED 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 and machinery etc - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 3 ).

R. K. DEGA LIMITED (REGISTERED NUMBER: 04843202)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 55,880
DEPRECIATION
At 1 April 2023 43,100
Charge for year 3,069
At 31 March 2024 46,169
NET BOOK VALUE
At 31 March 2024 9,711
At 31 March 2023 12,780

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 17,628 9,892
Amounts owed by associates 9,327 9,527
Other debtors 278,540 277,987
Directors' current accounts - 4,860
Called up share capital not paid 100 100
Prepayments and accrued income 735 -
306,330 302,366

At the Balance Sheet date 'Other debtors' contains a loan of £150,700 [2023: £130,700], made to a company in which Mr R K Dega has a minority interest. The loan has been made on normal commercial terms.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Amounts owed to associates 46 921
Corporation tax 2,796 8,831
Social security and other taxes 125 1,269
Pension creditor 10 76
Directors' current accounts 17,464 -
Accrued expenses 2,747 2,747
23,188 13,844

7. RESERVES
Retained
earnings
£   

At 1 April 2023 578,008
Profit for the year 8,403
Dividends (20,000 )
At 31 March 2024 566,411

R. K. DEGA LIMITED (REGISTERED NUMBER: 04843202)

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

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is R K Dega.