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REGISTERED NUMBER: 08460133 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

RGK INVESTMENTS LIMITED

RGK INVESTMENTS LIMITED (REGISTERED NUMBER: 08460133)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RGK INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: Mr R G Kilikita
Ms M Kilikita





REGISTERED OFFICE: Solar House
282 Chase Road
London
N14 6NZ





REGISTERED NUMBER: 08460133 (England and Wales)





ACCOUNTANTS: Freemans Partnership LLP
Chartered Certified Accountants
Solar House
282 Chase Road
London
N14 6NZ

RGK INVESTMENTS LIMITED (REGISTERED NUMBER: 08460133)

BALANCE SHEET
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 2,400,134 2,400,134
Investment property 5 13,842,130 13,047,130
16,242,264 15,447,264

CURRENT ASSETS
Debtors 6 617,211 1,256,023
Cash at bank 177,481 231,610
794,692 1,487,633
CREDITORS
Amounts falling due within one year 7 1,773,703 967,236
NET CURRENT (LIABILITIES)/ASSETS (979,011 ) 520,397
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,263,253

15,967,661

CREDITORS
Amounts falling due after more than one
year

8

(7,353,184

)

(8,067,912

)

PROVISIONS FOR LIABILITIES 10 (308,557 ) (308,557 )
NET ASSETS 7,601,512 7,591,192

CAPITAL AND RESERVES
Called up share capital 11 6,703,200 6,703,200
Retained earnings 898,312 887,992
SHAREHOLDERS' FUNDS 7,601,512 7,591,192

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

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

The directors acknowledge their 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.

RGK INVESTMENTS LIMITED (REGISTERED NUMBER: 08460133)

BALANCE SHEET - continued
31 JANUARY 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 Board of Directors and authorised for issue on 27 January 2025 and were signed on its behalf by:





Mr R G Kilikita - Director


RGK INVESTMENTS LIMITED (REGISTERED NUMBER: 08460133)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024


1. STATUTORY INFORMATION

Rgk Investments 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
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Group and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied;

- The Group has transferred the significant risks and rewards of ownership to the buyer.

- The Group retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

- The amount of revenue can be measured reliably;

- It is probable that the Group will receive the consideration due under the transaction; and

- The costs incurred or to be incurred in respect of the transaction can be measured reliably.


Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

- The amount of revenue can be measured reliably:

- It is probable that the Group will receive the consideration due under the contract;

- The stage of completion of the contract at the end of the reporting period can be measured reliably; and

- The costs incurred and the costs to complete the contract can be measured reliably.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.


RGK INVESTMENTS LIMITED (REGISTERED NUMBER: 08460133)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 February 2023
and 31 January 2024 2,400,134
NET BOOK VALUE
At 31 January 2024 2,400,134
At 31 January 2023 2,400,134

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023 13,047,130
Additions 795,000
At 31 January 2024 13,842,130
NET BOOK VALUE
At 31 January 2024 13,842,130
At 31 January 2023 13,047,130

RGK INVESTMENTS LIMITED (REGISTERED NUMBER: 08460133)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 26,536 21,708
Amounts owed by group undertakings 485,770 1,219,420
Other debtors 88,638 5,419
Prepayments and accrued income 16,267 9,476
617,211 1,256,023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 328 1,252
Amounts owed to group undertakings 791,375 505,050
Tax 27,870 70,018
VAT 273 277
Other creditors 67,170 -
Directors' current accounts 788,660 293,920
Accruals and deferred income 98,027 96,719
1,773,703 967,236

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Bank loans (see note 9) 7,085,513 8,000,000
Amounts owed to participating interests 267,671 67,912
7,353,184 8,067,912

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 7,085,513 8,000,000

9. LOANS

An analysis of the maturity of loans is given below:

31.1.24 31.1.23
£    £   
Amounts falling due in more than five years:
Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 7,085,513 8,000,000

RGK INVESTMENTS LIMITED (REGISTERED NUMBER: 08460133)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


10. PROVISIONS FOR LIABILITIES
31.1.24 31.1.23
£    £   
Deferred tax 308,557 308,557

Deferred
tax
£   
Balance at 1 February 2023 308,557
Balance at 31 January 2024 308,557

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
6,703,200 Ordinary shares 1 6,703,200 6,703,200