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R & D Motors Ltd
Registered Number:11627311
For the year ended 31 October 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 October 2024
R & D Motors Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
11627311
As at 31 October 2024
R & D Motors Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
48,969
55,648
2
48,969
55,648
Current assets
Inventories
5,250
38,145
3
Trade and other receivables
6,691
10,636
4
95,866
Cash and cash equivalents
55,523
104,304
107,807
Trade and other payables: amounts falling due within one
year
(56,498)
(65,604)
5
51,309
38,700
Net current assets
Total assets less current liabilities
87,669
106,957
Trade and other payables: amounts falling due after more
than one year
(50,308)
(43,397)
6
(8,891)
(8,339)
Provisions for liabilities
35,381
Net assets
48,310
Capital and reserves
Called up share capital
200
200
Retained earnings
35,181
48,110
35,381
48,310
Shareholders' funds
For the year ended 31 October 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr D Hobbs Director
Mr R Haston Director
These financial statements were approved and authorised for issue by the Board on 06 March 2025 and were signed by:
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4
Registered Number :
11627311
For the year ended 31 October 2024
R & D Motors Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
2 of 4
5
For the year ended 31 October 2024
R & D Motors Ltd
Notes to the Financial Statements
Statutory Information
R & D Motors Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
11627311.
Principal place of business:
Yonder Hill Trading Estate
Station Road
Chard Junction
Somerset
TA20 4QR
Registered address:
Pen-Y-Groes
Furnham Road
Chard
Somerset
TA20 1AX
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Property, plant and equipment
Total
Motor
Vehicles
Plant and
Machinery
£
£
£
Cost or
valuation
At 01 November 2023
102,753
12,390
90,363
6,183
3,062
3,121
Additions
(1,290)
-
Disposals
(1,290)
At 31 October 2024
93,484
14,162
107,646
Provision for depreciation and impairment
At 01 November 2023
47,105
4,700
42,405
Charge for year
12,241
2,026
10,215
(669)
(669)
-
On disposal
At 31 October 2024
58,677
6,057
52,620
At 31 October 2024
Net book value
40,864
8,105
48,969
At 31 October 2023
47,958
7,690
55,648
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6
For the year ended 31 October 2024
R & D Motors Ltd
Notes to the Financial Statements Continued
3. Inventories
2023
2024
£
£
Stocks
38,145
5,250
4. Trade and other receivables
2023
2024
£
£
Trade debtors
10,086
6,424
Other debtors
550
267
6,691
10,636
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
147
-
Trade creditors
29,156
25,220
Taxation and social security
32,324
27,681
Other creditors
3,977
3,597
65,604
56,498
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft (secured)
24,819
29,106
Other creditors
18,578
21,202
43,397
50,308
7. Average number of persons employed
During the year the average number of employees was 4 (2023 : 3)
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