RIANA DEVELOPMENT NETWORK (RDN) LIMITED

Company limited by guarantee

Company Registration Number:
05567996 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 November 2023

End date: 31 October 2024

RIANA DEVELOPMENT NETWORK (RDN) LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2024

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

RIANA DEVELOPMENT NETWORK (RDN) LIMITED

Directors' report period ended 31 October 2024

The directors present their report with the financial statements of the company for the period ended 31 October 2024

Principal activities of the company

Supplementary Education and Family support Life skills and youth mentoring Health and wellbeing programme Conservation and nature Programme Food security and Livelihood

Company policy on disabled employees

The company is an equal opportunity employer.



Directors

The directors shown below have held office during the whole of the period from
1 November 2023 to 31 October 2024

Erick Ogello
George Osore
Shem Obuya
Hellen Odiembo
Tei Adegu
Victor Ojwang


The director shown below has held office during the period of
1 November 2023 to 10 September 2024

Janet Omondi


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
14 February 2025

And signed on behalf of the board by:
Name: Erick Ogello
Status: Director

RIANA DEVELOPMENT NETWORK (RDN) LIMITED

Profit And Loss Account

for the Period Ended 31 October 2024

2024 2023


£

£
Turnover: 186,549 164,274
Gross profit(or loss): 186,549 164,274
Administrative expenses: ( 172,238 ) ( 175,732 )
Operating profit(or loss): 14,311 (11,458)
Profit(or loss) before tax: 14,311 (11,458)
Profit(or loss) for the financial year: 14,311 (11,458)

RIANA DEVELOPMENT NETWORK (RDN) LIMITED

Balance sheet

As at 31 October 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 10,117 18,828
Cash at bank and in hand: 18,973 7,830
Total current assets: 29,090 26,658
Creditors: amounts falling due within one year: 4 ( 3,116 ) ( 14,995 )
Net current assets (liabilities): 25,974 11,663
Total assets less current liabilities: 25,974 11,663
Total net assets (liabilities): 25,974 11,663
Members' funds
Profit and loss account: 25,974 11,663
Total members' funds: 25,974 11,663

The notes form part of these financial statements

RIANA DEVELOPMENT NETWORK (RDN) LIMITED

Balance sheet statements

For the year ending 31 October 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 14 February 2025
and signed on behalf of the board by:

Name: Erick Ogello
Status: Director

The notes form part of these financial statements

RIANA DEVELOPMENT NETWORK (RDN) LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 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

    Tangible fixed assets depreciation policy

    Tangible fixe assets costing more than £500 are capitalized. Depreciation is provided on tangible fixed assets at rates calculated to write off the costs on a straight line basis over their expected useful lives .

    Other accounting policies

    Gifts in Kind Foreign Currency

RIANA DEVELOPMENT NETWORK (RDN) LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 2

RIANA DEVELOPMENT NETWORK (RDN) LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Debtors

2024 2023
£ £
Prepayments and accrued income 10,117 17,828
Other debtors 1,000
Total 10,117 18,828

RIANA DEVELOPMENT NETWORK (RDN) LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 2,216 13,228
Other creditors 900 1,767
Total 3,116 14,995

RIANA DEVELOPMENT NETWORK (RDN) LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Financial Commitments

The financial statements have been prepared in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)