2023-05-01 2024-04-30 false Capium Accounts Production 1.1 11943713 2023-05-01 2024-04-30 11943713 bus:AbridgedAccounts 2023-05-01 2024-04-30 11943713 bus:FRS102 2023-05-01 2024-04-30 11943713 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 11943713 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 11943713 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 11943713 2023-05-01 2024-04-30 11943713 2024-04-30 11943713 bus:RegisteredOffice 2023-05-01 2024-04-30 11943713 core:WithinOneYear 2024-04-30 11943713 core:AfterOneYear 2024-04-30 11943713 1 2023-05-01 2024-04-30 11943713 bus:Director1 2023-05-01 2024-04-30 11943713 bus:Director1 2024-04-30 11943713 bus:Director1 2022-05-01 2023-04-30 11943713 bus:Director2 2023-05-01 2024-04-30 11943713 bus:Director2 2024-04-30 11943713 bus:Director2 2022-05-01 2023-04-30 11943713 2022-05-01 11943713 bus:LeadAgentIfApplicable 2023-05-01 2024-04-30 11943713 2022-05-01 2023-04-30 11943713 2023-04-30 11943713 core:WithinOneYear 2023-04-30 11943713 core:AfterOneYear 2023-04-30 11943713 bus:EntityAccountantsOrAuditors 2022-05-01 2023-04-30 11943713 bus:OrdinaryShareClass1 2023-05-01 2024-04-30 11943713 bus:OrdinaryShareClass1 2024-04-30 11943713 bus:OrdinaryShareClass1 2022-05-01 2023-04-30 11943713 bus:OrdinaryShareClass1 2023-04-30 11943713 core:FurnitureFittings 2023-05-01 2024-04-30 11943713 core:FurnitureFittings 2024-04-30 11943713 core:FurnitureFittings 2023-04-30 11943713 core:InvestmentProperties 2023-05-01 2024-04-30 11943713 core:InvestmentProperties 2024-04-30 11943713 core:InvestmentProperties 2023-04-30 11943713 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-04-30 11943713 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-04-30 11943713 core:CostValuation core:Non-currentFinancialInstruments 2024-04-30 11943713 core:CostValuation core:Non-currentFinancialInstruments 2023-04-30 11943713 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-04-30 11943713 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-04-30 11943713 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-04-30 11943713 core:Non-currentFinancialInstruments 2024-04-30 11943713 core:Non-currentFinancialInstruments 2023-04-30 11943713 core:ShareCapital 2024-04-30 11943713 core:ShareCapital 2023-04-30 11943713 core:RetainedEarningsAccumulatedLosses 2024-04-30 11943713 core:RetainedEarningsAccumulatedLosses 2023-04-30 11943713 dpl:Item1 2023-05-01 11943713 dpl:Item1 2024-04-30 11943713 dpl:Item1 2022-05-01 11943713 dpl:Item1 2023-04-30 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 11943713
England and Wales

 

 

 

RK FUTURE DEVELOPMENTS LTD


Abridged Accounts
 


Period of accounts

Start date: 01 May 2023

End date: 30 April 2024
Accountants report
You consider that the company is exempt from an audit for the year ended 30 April 2024 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Doyles
30 April 2024



....................................................
Doyles
51 Station Road
Marston Green
Birmingham
West Midlands
B37 7AB
30 January 2025
1
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 1,006,150    882,922 
1,006,150    882,922 
Current assets      
Debtors 427    529 
Cash at bank and in hand 35,141    1,825 
35,568    2,354 
Creditors: amount falling due within one year (88,827)   (29,085)
Net current assets (53,259)   (26,731)
 
Total assets less current liabilities 952,891    856,191 
Creditors: amount falling due after more than one year (754,822)   (672,840)
Net assets 198,069    183,351 
 

Capital and reserves
     
Called up share capital 4 2    2 
Profit and loss account 198,067    183,349 
Shareholders' funds 198,069    183,351 
 


For the year ended 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 30 January 2025 and were signed on its behalf by:


-------------------------------
Muneer Khan
Director
2
General Information
RK Future Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 11943713, registration address 51 Station Road, Marston Green, Birmingham, West Midlands, B37 7AB.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures and Fittings 25% Straight Line
Investment properties
Investment properties are included in the statement of financial position at their open market value at the statement of financial position date. The resulting aggregate surplus or deficit is transferred to a revaluation reserve. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years.
Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015), it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the directors compliance with the standard is necessary for the statement of financial position to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified.
2.

Average number of employees

Average number of employees during the year was 2 (2023 : 2).
3.

Tangible fixed assets

Cost or valuation Fixtures and Fittings   Investment properties   Total
  £   £   £
At 01 May 2023 15,472    876,170    891,642 
Additions   126,902    126,902 
Disposals    
At 30 April 2024 15,472    1,003,072    1,018,544 
Depreciation
At 01 May 2023 8,720      8,720 
Charge for year 3,674      3,674 
On disposals    
At 30 April 2024 12,394      12,394 
Net book values
Closing balance as at 30 April 2024 3,078    1,003,072    1,006,150 
Opening balance as at 01 May 2023 6,752    876,170    882,922 


4.

Share Capital

Allotted, called up and fully paid
2024
£
  2023
£
2 Class A shares of £1.00 each  
 

5.

Related parties

During the year the company entered into the following transactions with related parties:
Transaction value - income/(expenses) Balance owed by/(owed to)
2024
£
 2023
£
 2024
£
 2023
£
Capital Group Services Ltd(47,506)(30,055)(5,149)(3,559)
Lena Property Management Ltd(9,700)

Capital Group Services Ltd is a building company, wholly owned by Mr M Khan, that provides conversion and repair work for the company's investment properties.
Lena Property Management Ltd is a building company, wholly owned by Mr P Ryan, that provides conversion and repair work for the company's investment properties.
3