RESEARCH ORGANISATION (KC) LTD

Company Registration Number:
11305650 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 1 May 2023

End date: 30 April 2024

RESEARCH ORGANISATION (KC) LTD

Contents of the Financial Statements

for the Period Ended 30 April 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

RESEARCH ORGANISATION (KC) LTD

Directors' report period ended 30 April 2024

The directors present their report with the financial statements of the company for the period ended 30 April 2024

Principal activities of the company

The Principle Activity of the Company is the Management of Clinical Studies and Research.



Directors

The directors shown below have held office during the whole of the period from
1 May 2023 to 30 April 2024

Tim Leaver
Caroline Brooks


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
30 January 2025

And signed on behalf of the board by:
Name: Tim Leaver
Status: Director

RESEARCH ORGANISATION (KC) LTD

Profit And Loss Account

for the Period Ended 30 April 2024

2024 2023


£

£
Turnover: 5,899,415 6,088,140
Cost of sales: ( 1,987,155 ) ( 2,438,908 )
Gross profit(or loss): 3,912,260 3,649,232
Administrative expenses: ( 3,810,760 ) ( 3,429,380 )
Operating profit(or loss): 101,500 219,852
Interest payable and similar charges: ( 65,536 ) ( 96,330 )
Profit(or loss) before tax: 35,964 123,522
Tax: ( 6,859 ) ( 23,469 )
Profit(or loss) for the financial year: 29,105 100,053

RESEARCH ORGANISATION (KC) LTD

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0
Tangible assets: 3 49,838 58,009
Total fixed assets: 49,838 58,009
Current assets
Debtors: 4 3,383,342 1,718,209
Cash at bank and in hand: 163,801 1,087,925
Total current assets: 3,547,143 2,806,134
Prepayments and accrued income: 578,683 416,987
Creditors: amounts falling due within one year: 5 ( 1,575,986 ) ( 734,888 )
Net current assets (liabilities): 2,549,840 2,488,233
Total assets less current liabilities: 2,599,678 2,546,242
Creditors: amounts falling due after more than one year: 6 ( 1,879,342 ) ( 1,855,011 )
Total net assets (liabilities): 720,336 691,231
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 720,236 691,131
Total Shareholders' funds: 720,336 691,231

The notes form part of these financial statements

RESEARCH ORGANISATION (KC) LTD

Balance sheet statements

For the year ending 30 April 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.

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

This report was approved by the board of directors on 30 January 2025
and signed on behalf of the board by:

Name: Tim Leaver
Status: Director

The notes form part of these financial statements

RESEARCH ORGANISATION (KC) LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    Turnover represents net invoiced sale of goods and services excluding VAT

    Tangible fixed assets depreciation policy

    Tangible Fixed Assets are stated at cost less accumulated depreciation and any provisions for impairment losses. Depreciation is calculated to write off the original cost of Furniture, Office and IT equipment and Motor Vehicles less its estimated residual value over its expected useful life on a straight line basis. Residual values and useful lives of Furniture, Office and IT equipment and Motor Vehicles are reviewed and adjusted if appropriate at each reporting date. The estimated useful lives applied in determining the charge to depreciation are as follows: Computer Equipment: 3 Years Office Equipment: 3 Years Office Furniture 4 Years Motor Vehicles: 3 Years

RESEARCH ORGANISATION (KC) LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 36 34

RESEARCH ORGANISATION (KC) LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2023 6,393 65,053 48,164 119,610
Additions 747 13,502 14,249
Disposals
Revaluations
Transfers
At 30 April 2024 7,140 78,555 48,164 133,859
Depreciation
At 1 May 2023 5,401 45,498 10,702 61,601
Charge for year 544 13,849 8,027 22,420
On disposals
Other adjustments
At 30 April 2024 5,945 59,347 18,729 84,021
Net book value
At 30 April 2024 1,195 19,208 29,435 49,838
At 30 April 2023 992 19,555 37,462 58,009

RESEARCH ORGANISATION (KC) LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Debtors

2024 2023
£ £
Trade debtors 1,994,771 644,508
Other debtors 1,388,571 1,073,701
Total 3,383,342 1,718,209

RESEARCH ORGANISATION (KC) LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 1,381,249 582,688
Taxation and social security 194,737 152,200
Total 1,575,986 734,888

RESEARCH ORGANISATION (KC) LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

6. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Other creditors 1,879,342 1,855,011
Total 1,879,342 1,855,011