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REGISTERED NUMBER: 02441894 (England and Wales)










Unaudited Financial Statements

for the Year Ended 30 June 2024

for

RK Graphics Limited

RK Graphics Limited (Registered number: 02441894)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RK Graphics Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: R M Knight





REGISTERED OFFICE: Graphic House
White Cliffs Business Park
Honeywood Road, Whitfield
Dover
Kent
CT16 3EH





REGISTERED NUMBER: 02441894 (England and Wales)





ACCOUNTANTS: Beverton & Co.
Chartered Accountants
Maybrook House
York Street
Dover
Kent
CT17 9FA

RK Graphics Limited (Registered number: 02441894)

Balance Sheet
30 June 2024

30/6/24 30/6/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 386,961 385,263

CURRENT ASSETS
Debtors 5 47,165 38,674
Cash at bank 33,688 95,006
80,853 133,680
CREDITORS
Amounts falling due within one year 6 192,948 180,324
NET CURRENT LIABILITIES (112,095 ) (46,644 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

274,866

338,619

CREDITORS
Amounts falling due after more than one
year

7

(17,088

)

(36,837

)

PROVISIONS FOR LIABILITIES - (10,000 )
NET ASSETS 257,778 291,782

CAPITAL AND RESERVES
Called up share capital 5,900 5,900
Revaluation reserve 8 262,563 262,563
Retained earnings (10,685 ) 23,319
SHAREHOLDERS' FUNDS 257,778 291,782

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

RK Graphics Limited (Registered number: 02441894)

Balance Sheet - continued
30 June 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 March 2025 and were signed by:





R M Knight - Director


RK Graphics Limited (Registered number: 02441894)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

RK Graphics Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Government grants
Grants received are treated as deferred income which is credited to the profit and loss account over the expected useful economic life of the asset


RK Graphics Limited (Registered number: 02441894)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 July 2023 370,000 117,982 487,982
Additions - 5,993 5,993
At 30 June 2024 370,000 123,975 493,975
DEPRECIATION
At 1 July 2023 - 102,719 102,719
Charge for year - 4,295 4,295
At 30 June 2024 - 107,014 107,014
NET BOOK VALUE
At 30 June 2024 370,000 16,961 386,961
At 30 June 2023 370,000 15,263 385,263

Included in cost or valuation of land and buildings is freehold land of £ 370,000 (2023 - £ 370,000 ) which is not depreciated.

The company's freehold premises are not depreciated as in the opinion of the directors due to the long estimated useful life and the expected high residual value any depreciation charge would be immaterial.

Cost or valuation at 30 June 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2008 262,563 - 262,563
Cost 107,437 123,975 231,412
370,000 123,975 493,975

Freehold land and buildings were valued on an open market basis on 8 February 2008 by bank valuers .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/24 30/6/23
£    £   
Trade debtors 36,879 29,130
Other debtors 10,286 9,544
47,165 38,674

RK Graphics Limited (Registered number: 02441894)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/24 30/6/23
£    £   
Trade creditors 4,358 7,178
Other creditors 188,590 173,146
192,948 180,324

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/6/24 30/6/23
£    £   
Other creditors 17,088 36,837

8. RESERVES
Revaluation
reserve
£   
At 1 July 2023
and 30 June 2024 262,563

9. RELATED PARTY DISCLOSURES

The company is controlled and beneficially owned by the director.