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REGISTERED NUMBER: 11595241 (England and Wales)



Report of the Directors and

Unaudited Financial Statements for the Year Ended 30 September 2024

for

R & D Consulting Ltd

R & D Consulting Ltd (Registered number: 11595241)






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




Page

Company Information 1

Report of the Directors 2

Balance Sheet 3

Notes to the Financial Statements 5


R & D Consulting Ltd

Company Information
for the Year Ended 30 September 2024







DIRECTORS: Dr Richard Stephen Duffett
Mrs Deniz Aysegul Duffett





REGISTERED OFFICE: Garden Flat
49 Rosslyn Hill
Hampstead
London
England
NW3 5UH





REGISTERED NUMBER: 11595241 (England and Wales)





ACCOUNTANTS: Argon & Krypton Consulting Ltd
(Chartered Certified Accountants & Tax Advisers)
Unit 6
Town Quay Wharf
Abbey Road
Barking
Essex
IG11 7BZ

R & D Consulting Ltd (Registered number: 11595241)

Report of the Directors
for the Year Ended 30 September 2024

The directors present their report with the financial statements of the company for the year ended 30 September 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of General medical practice activities

DIRECTORS
The directors set out in the table below have held office during the whole of the period from 1 October 2023 to the date of this report.

The beneficial interests of the directors holding office at 30 September 2024 in the shares of the company, according to the register of directors' interests, were as follows:

30.9.24 1.10.23
Ordinary Shares shares of £1 each
Dr Richard Stephen Duffett 25 25
Mrs Deniz Aysegul Duffett 75 75

These directors did not hold any non-beneficial interests in the shares of the company.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Dr Richard Stephen Duffett - Director


7 June 2025

R & D Consulting Ltd (Registered number: 11595241)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 27,499 170
Investment property 5 345,181 80,000
372,680 80,170

CURRENT ASSETS
Cash at bank 288,640 393,075

CREDITORS
Amounts falling due within one year 6 111,302 108,528
NET CURRENT ASSETS 177,338 284,547
TOTAL ASSETS LESS CURRENT
LIABILITIES

550,018

364,717

CREDITORS
Amounts falling due after more than one year 7 (24,507 ) (26,007 )

ACCRUALS AND DEFERRED INCOME - (1,396 )
NET ASSETS 525,511 337,314

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8 525,411 337,214
SHAREHOLDERS' FUNDS 525,511 337,314

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

R & D Consulting Ltd (Registered number: 11595241)

Balance Sheet - continued
30 September 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 Board of Directors and authorised for issue on 7 June 2025 and were signed on its behalf by:





Dr Richard Stephen Duffett - Director


R & D Consulting Ltd (Registered number: 11595241)

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

1. STATUTORY INFORMATION

R & D Consulting Ltd 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.

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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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.

3. EMPLOYEES AND DIRECTORS

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

R & D Consulting Ltd (Registered number: 11595241)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023 3,076
Additions 32,511
At 30 September 2024 35,587
DEPRECIATION
At 1 October 2023 2,906
Charge for year 5,182
At 30 September 2024 8,088
NET BOOK VALUE
At 30 September 2024 27,499
At 30 September 2023 170

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023 80,000
Additions 265,181
At 30 September 2024 345,181
NET BOOK VALUE
At 30 September 2024 345,181
At 30 September 2023 80,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 2,305 3,004
Corporation Tax Payable 106,052 104,333
Social security and other taxes 2,945 1,191
111,302 108,528

R & D Consulting Ltd (Registered number: 11595241)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bounced Back Loan 24,507 26,007

8. RESERVES
Retained
earnings
£   

At 1 October 2023 337,214
Profit for the year 277,725
Dividends (89,528 )
At 30 September 2024 525,411