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Company Registration No. 08655108 (England and Wales)
R & D 2 Pizza Limited Unaudited accounts for the period from 1 January 2024 to 30 June 2024
R & D 2 Pizza Limited Unaudited accounts Contents
Page
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R & D 2 Pizza Limited Company Information for the period from 1 January 2024 to 30 June 2024
Director
Mr Gurjeet Singh Dhillon
Company Number
08655108 (England and Wales)
Registered Office
Unit B Endeavour Park London Road Addington West Malling Kent ME19 5SH England
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R & D 2 Pizza Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
41,625 
44,400 
Tangible assets
554,554 
601,003 
Investments
650,300 
650,300 
1,246,479 
1,295,703 
Current assets
Inventories
77,472 
95,475 
Debtors
2,912,943 
3,679,797 
Cash at bank and in hand
153,745 
224,608 
3,144,160 
3,999,880 
Creditors: amounts falling due within one year
(2,905,590)
(3,612,623)
Net current assets
238,570 
387,257 
Total assets less current liabilities
1,485,049 
1,682,960 
Creditors: amounts falling due after more than one year
(1,077,958)
(1,159,500)
Net assets
407,091 
523,460 
Capital and reserves
Called up share capital
300 
300 
Profit and loss account
406,791 
523,160 
Shareholders' funds
407,091 
523,460 
For the period ending 30 June 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 February 2025 and were signed on its behalf by
Mr Gurjeet Singh Dhillon Director Company Registration No. 08655108
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R & D 2 Pizza Limited Notes to the Accounts for the period from 1 January 2024 to 30 June 2024
1
Statutory information
R & D 2 Pizza Limited is a private company, limited by shares, registered in England and Wales, registration number 08655108. The registered office is Unit B Endeavour Park, London Road, Addington West Malling, Kent, ME19 5SH, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing Balance
Motor vehicles
20% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Over 10 Years Straight line
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2024
593,334 
At 30 June 2024
593,334 
Amortisation
At 1 January 2024
548,934 
Charge for the period
2,775 
At 30 June 2024
551,709 
Net book value
At 30 June 2024
41,625 
At 31 December 2023
44,400 
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R & D 2 Pizza Limited Notes to the Accounts for the period from 1 January 2024 to 30 June 2024
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
64,650 
2,050,781 
2,115,431 
At 30 June 2024
64,650 
2,050,781 
2,115,431 
Depreciation
At 1 January 2024
9,698 
1,504,730 
1,514,428 
Charge for the period
5,495 
40,954 
46,449 
At 30 June 2024
15,193 
1,545,684 
1,560,877 
Net book value
At 30 June 2024
49,457 
505,097 
554,554 
At 31 December 2023
54,952 
546,051 
601,003 
2024 
2023 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Motor vehicles
43,962 
54,952 
6
Investments
Subsidiary undertakings 
£ 
Valuation at 1 January 2024
650,300 
Valuation at 30 June 2024
650,300 
Investment in subsidiaries have been valued at cost less impairment. The company owns 20% or more shares in the following companies: Company Name/% holding/Total capital & reserve/Profit/(Loss) for the year: Topbake Ltd/100%/£1,803,586/£94,116
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
82,647 
106,102 
Amounts due from group undertakings etc.
2,508,621 
3,193,197 
Accrued income and prepayments
159,596 
93,069 
Other debtors
162,079 
287,429 
2,912,943 
3,679,797 
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R & D 2 Pizza Limited Notes to the Accounts for the period from 1 January 2024 to 30 June 2024
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
120,329 
150,000 
Obligations under finance leases and hire purchase contracts
12,923 
12,612 
Trade creditors
481,118 
711,268 
Amounts owed to group undertakings and other participating interests
1,853,680 
2,105,932 
Taxes and social security
177,975 
138,684 
Other creditors
47,067 
95,841 
Loans from directors
212,498 
398,286 
2,905,590 
3,612,623 
9
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
1,037,500 
1,112,500 
Obligations under finance leases and hire purchase contracts
40,458 
47,000 
1,077,958 
1,159,500 
The company has fixed and floating secured loan from Santander Bank UK Plc for £ 1,412,500. The loan is repayable over the five year period . The interest rate on the loan is at 3.80% above BOE base rate.
10
Average number of employees
During the period the average number of employees was 136 (2023: 208).
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