Registered number
09885870
R Dias Ltd
Report and Accounts
30 November 2024
Accountancy 4 Wealth Limited
Accountants and Business Advisors
33 Wolverhampton Road
Cannock
Staffordshire
WS11 1AP
R Dias Ltd
Registered number: 09885870
Balance Sheet
as at 30 November 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 854 669
Current assets
Debtors 4 36,326 23,143
Cash at bank and in hand 21,754 35,325
58,080 58,468
Creditors: amounts falling due within one year 5 (46,786) (43,693)
Net current assets 11,294 14,775
Net assets 12,148 15,444
Capital and reserves
Called up share capital 12 12
Profit and loss account 12,136 15,432
Shareholders' funds 12,148 15,444
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
R Dias
Director
Approved by the board on 3 July 2025
R Dias Ltd
Notes to the Accounts
for the year ended 30 November 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 20% reducing balance
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 December 2023 1,598
Additions 1,068
Disposals (1,598)
At 30 November 2024 1,068
Depreciation
At 1 December 2023 929
Charge for the year 214
On disposals (929)
At 30 November 2024 214
Net book value
At 30 November 2024 854
At 30 November 2023 669
4 Debtors 2024 2023
£ £
Trade debtors 2,350 3,743
Amounts owed by group undertakings and undertakings in which the company has a participating interest 24,553 8,349
Other debtors 9,423 11,051
36,326 23,143
5 Creditors: amounts falling due within one year 2024 2023
£ £
Corporation tax 44,119 40,597
Other creditors 2,667 3,096
46,786 43,693
6 Related party transactions
There are no related party transactions.
7 Controlling party
The ultimate holding company is Dias Holdings Limited, which is controlled by the Dias family.
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