Company Registration No. 06423864 (England and Wales)
R&D Yorkshire Limited
Unaudited accounts
for the period from 1 December 2023 to 30 June 2024
R&D Yorkshire Limited
Unaudited accounts
Contents
R&D Yorkshire Limited
Company Information
for the period from 1 December 2023 to 30 June 2024
Directors
Mr. Manga Singh Dhillon
Mr Gurjeet Dhillon
Mr Baldeep Dhillon
Company Number
06423864 (England and Wales)
Registered Office
Unit B Endeavour Park
London Road
Addington West Malling
Kent
ME19 5SH
United Kingdom
R&D Yorkshire Limited
Statement of financial position
as at 30 June 2024
Tangible assets
225,882
149,892
Debtors
3,721,324
3,862,737
Cash at bank and in hand
142,472
272,523
Creditors: amounts falling due within one year
(795,338)
(871,072)
Net current assets
3,093,361
3,300,770
Total assets less current liabilities
3,319,483
3,450,902
Creditors: amounts falling due after more than one year
(481,250)
(525,000)
Net assets
2,838,233
2,925,902
Called up share capital
100
100
Profit and loss account
2,838,133
2,925,802
Shareholders' funds
2,838,233
2,925,902
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 directors acknowledge their 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 of Directors and authorised for issue on 15 March 2025 and were signed on its behalf by
Mr Gurjeet Dhillon
Director
Company Registration No. 06423864
R&D Yorkshire Limited
Notes to the Accounts
for the period from 1 December 2023 to 30 June 2024
R&D Yorkshire Limited is a private company, limited by shares, registered in England and Wales, registration number 06423864. The registered office is Unit B Endeavour Park, London Road, Addington West Malling, Kent, ME19 5SH, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Over 10 Years Straight-line
4
Intangible fixed assets
Other
At 1 December 2023
207,000
At 1 December 2023
207,000
R&D Yorkshire Limited
Notes to the Accounts
for the period from 1 December 2023 to 30 June 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2023
691,699
-
51,850
743,549
Additions
-
100,009
765
100,774
At 30 June 2024
691,699
100,009
52,615
844,323
At 1 December 2023
583,989
-
9,668
593,657
Charge for the period
9,425
11,668
3,691
24,784
At 30 June 2024
593,414
11,668
13,359
618,441
At 30 June 2024
98,285
88,341
39,256
225,882
At 30 November 2023
107,710
-
42,182
149,892
6
Investments
Subsidiary undertakings
Valuation at 1 December 2023
240
Valuation at 30 June 2024
240
Investment in subsidiaries have been valued at cost less impairment. The company owns 20% or more shares in the following company:
Company Name/% holding/Total capital & reserve/Profit/(Loss) for the year:
KDG Food South Ltd / 40%/£100 /£100
Amounts falling due within one year
Trade debtors
47,083
41,663
Amounts due from group undertakings etc.
3,579,839
3,518,250
Accrued income and prepayments
94,402
50,546
8
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
75,000
75,000
Obligations under finance leases and hire purchase contracts
58,005
-
Trade creditors
315,950
203,575
Amounts owed to group undertakings and other participating interests
26,448
4,400
Taxes and social security
160,688
239,018
Other creditors
159,247
349,079
R&D Yorkshire Limited
Notes to the Accounts
for the period from 1 December 2023 to 30 June 2024
9
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
481,250
525,000
The company has fixed and floating secured loan from Santander Bank UK Plc for £ 675000. The loan is repayable over the five year period . The interest rate on the loan is at 4.30%.
The company is controlled by T&M Dhillon Group Ltd which is registered in England.
11
Average number of employees
During the period the average number of employees was 147 (2023: 147).