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Registration number: 13306717

R & D Lettings and Development Ltd

Unaudited Filleted Financial Statements

for the Year Ended 30 September 2024

 

R & D Lettings and Development Ltd

Contents

Company Information

1

Statement of Financial Position

2

Notes to the Unaudited Financial Statements

3 to 5

 

R & D Lettings and Development Ltd

Company Information

Director

Mrs Deborah Powell

Registered office

Suite 1, Armcon Business Park
London Road South
Poynton
Stockport
Cheshire
SK12 1LQ

Accountants

Bright Partnership Limited
Suite 1 Armcon Business Park
London Road South
Poynton
Cheshire
SK12 1LQ

 

R & D Lettings and Development Ltd

(Registration number: 13306717)
Statement of Financial Position as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

164,800

-

Current assets

 

Cash at bank and in hand

 

2,101

-

Creditors: Amounts falling due within one year

5

(135,183)

(74,233)

Net current liabilities

 

(133,082)

(74,233)

Total assets less current liabilities

 

31,718

(74,233)

Creditors: Amounts falling due after more than one year

5

(122,088)

-

Net liabilities

 

(90,370)

(74,233)

Capital and reserves

 

Called up share capital

2

2

Retained earnings

(90,372)

(74,235)

Shareholders' deficit

 

(90,370)

(74,233)

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 16 June 2025
 

.........................................
Mrs Deborah Powell
Director

 

R & D Lettings and Development Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Suite 1, Armcon Business Park
London Road South
Poynton
Stockport
Cheshire
SK12 1LQ

These financial statements were authorised for issue by the director on 16 June 2025.

2

Accounting policies

Statutory Information

R & D Letting and Development 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 company infomation page.

Basis of preparation

These financial statements have been prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' including the provisions of Section 1A smaller entities and the Companies Act 2006.The financial statements have been prepared under the the historical cost convention.

Revenue recognition

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

Tax

Taxation for the year comprises current and deferred tax. Tax is recognised in the statement of income and Retained Earnings, excepts of the extent that it relates to iteams recognised in other comprehensive income or direcltly in equity.

Current or deferred taxation assets and liablilities 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.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

R & D Lettings and Development Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

 

R & D Lettings and Development Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

Additions

164,800

164,800

At 30 September 2024

164,800

164,800

Depreciation

Carrying amount

At 30 September 2024

164,800

164,800

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Accruals and deferred income

1,440

2,754

Other creditors

133,743

71,479

135,183

74,233

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

122,088

-