REGISTERED NUMBER: 04530352 (England and Wales)

Unaudited Financial Statements

for the Period

1 April 2023 to 31 May 2024

for

R K NEWS LIMITED

Page

Balance Sheet

1

FIXED ASSETS

4,051

7,513

CURRENT ASSETS

217,860

127,890

CREDITORS

Amounts falling due within one year

(46,580

)

(33,853

)

NET CURRENT ASSETS

171,280

94,037

TOTAL ASSETS LESS CURRENT LIABILITIES

175,331

101,550

CREDITORS

Amounts falling due after more than one year

-

(23,901

)

NET ASSETS

175,331

77,649

CAPITAL AND RESERVES

175,331

77,649

NOTES TO THE FINANCIAL STATEMENTS

1.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the period was 2 (2023 - 3 ) .

2.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31 May 2024 and the year ended 31 March 2023:

2024

2023

£

£

Kuljinder Singh and Ranjit Kaur

Balance outstanding at start of period

(23,901

)

(20,382

)

Amounts advanced

53,901

40,402

Amounts repaid

(30,000

)

(43,921

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

-

(23,901

)

Dividends issued during the year = £30,000 (£30,000 in 2023)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 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.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 24 May 2025 and were signed on its behalf by:

Kuljinder Singh - Director