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REGISTERED NUMBER: 01325292 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

DE RIJK LIMITED

DE RIJK LIMITED (REGISTERED NUMBER: 01325292)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 September 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DE RIJK LIMITED

COMPANY INFORMATION
for the year ended 30 September 2024







DIRECTORS: Mr P A De Rijk
Mrs H M De Rijk





SECRETARY: Mrs H M De Rijk





REGISTERED OFFICE: 60 Leicester Road
Loughborough
Leicestershire
LE11 2AG





REGISTERED NUMBER: 01325292 (England and Wales)





ACCOUNTANTS: Magma Audit LLP
Unit 2 Charnwood Edge Business Park
Syston Road, Leicester
LE7 4UZ
Magma Audit LLP is part
Of the Dains Group

DE RIJK LIMITED (REGISTERED NUMBER: 01325292)

BALANCE SHEET
30 September 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 5,315 8,297
Investments 5 100 100
5,415 8,397

CURRENT ASSETS
Stocks 1,171,577 1,737,769
Debtors 6 29,644 60,626
Cash at bank and in hand 316,059 176,640
1,517,280 1,975,035
CREDITORS
Amounts falling due within one year 7 (641,366 ) (1,195,984 )
NET CURRENT ASSETS 875,914 779,051
TOTAL ASSETS LESS CURRENT
LIABILITIES

881,329

787,448

PROVISIONS FOR LIABILITIES (1,300 ) (2,100 )
NET ASSETS 880,029 785,348

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Capital redemption reserve 1,000 1,000
Retained earnings 878,029 783,348
880,029 785,348

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

DE RIJK LIMITED (REGISTERED NUMBER: 01325292)

BALANCE SHEET - continued
30 September 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 February 2025 and were signed on its behalf by:





Mr P A De Rijk - Director


DE RIJK LIMITED (REGISTERED NUMBER: 01325292)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 September 2024


1. STATUTORY INFORMATION

De Rijk Limited is a private limited company, limited by shares, registered in England and Wales. Its registered office address is 60 Leicester Road, Loughborough, Leicestershire, LE11 2AG and the registered number is 01325292.

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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover
Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of goods

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods) , the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to leasehold property - 100% straight line
Fixtures,fittings & equipment - 25% straight line
Motor vehicles - 25% straight line

Investments in subsidiaries
Investment in the subsidiary company is held at cost less accumulated impairment losses.

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Financial instruments
(i) Financial assets

Basic financial assets, including trade and other debtors, cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest rate method.

(ii) Financial liabilities

Basic financial liabilities, including trade and other creditors are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate


DE RIJK LIMITED (REGISTERED NUMBER: 01325292)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2024


2. ACCOUNTING POLICIES - continued
Taxation
The tax expense for the year comprises current and deferred tax.

Tax is recognised in profit or loss except that a change attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet date, except that:
- The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
- Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Both current and deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Operating leases
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Leases that do not transfer all the risks and rewards of ownership are classified as operating leases. Payments 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 18 (2023 - 18 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to
leasehold Fixtures,fittings Motor
property & equipment vehicles Totals
£    £    £    £   
COST
At 1 October 2023
and 30 September 2024 275,165 152,833 46,476 474,474
DEPRECIATION
At 1 October 2023 275,165 144,536 46,476 466,177
Charge for year - 2,982 - 2,982
At 30 September 2024 275,165 147,518 46,476 469,159
NET BOOK VALUE
At 30 September 2024 - 5,315 - 5,315
At 30 September 2023 - 8,297 - 8,297

DE RIJK LIMITED (REGISTERED NUMBER: 01325292)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2024


5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 October 2023
and 30 September 2024 100
NET BOOK VALUE
At 30 September 2024 100
At 30 September 2023 100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 4,978 24,134
Prepayments and accrued income 24,666 36,492
29,644 60,626

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 518,254 948,619
Amounts owed to group undertakings 100 100
Corporation tax 29,998 38,450
Social security and other taxes 10,352 12,898
VAT 77,839 44,266
Other creditors 1,993 901
Directors' current accounts - 148,575
Accruals and deferred income 2,830 2,175
641,366 1,195,984

8. OTHER FINANCIAL COMMITMENTS

Operating lease commitments not included in the balance sheet amount to £398,754.