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Company Registration No. 14450980 (England and Wales)
RALK LIMITED Unaudited accounts for the year ended 31 October 2024
RALK LIMITED Unaudited accounts Contents
Page
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RALK LIMITED Company Information for the year ended 31 October 2024
Directors
Felix Ikemefuna Peace Ikemefuna
Secretary
Felix Ikemefuna
Company Number
14450980 (England and Wales)
Registered Office
83 Rowditch Furlong Redhouse Park Milton Keynes MK14 5FD United Kingdom
Accountants
Brown & Bam Associates 143 Pembury Avenue Worcester Park Surrey County (optional) KT4 8BX
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RALK LIMITED Accountants' report
Accountants' report to the board of directors of RALK LIMITED on the preparation of the unaudited statutory accounts for the year ended 31 October 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of RALK LIMITED for the year ended 31 October 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of RALK LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of RALK LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than RALK LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that RALK LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of RALK LIMITED. You consider that RALK LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of RALK LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Brown & Bam Associates 143 Pembury Avenue Worcester Park Surrey County (optional) KT4 8BX 28 July 2025
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RALK LIMITED Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
10,943 
3,845 
Investments
38,070 
38,070 
49,013 
41,915 
Current assets
Debtors
29,305 
11,989 
Cash at bank and in hand
370 
505 
29,675 
12,494 
Creditors: amounts falling due within one year
(20,196)
(11,675)
Net current assets
9,479 
819 
Total assets less current liabilities
58,492 
42,734 
Creditors: amounts falling due after more than one year
(4,098)
(4,098)
Net assets
54,394 
38,636 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
54,392 
38,634 
Shareholders' funds
54,394 
38,636 
For the year ending 31 October 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 28 July 2025 and were signed on its behalf by
Felix Ikemefuna Director Company Registration No. 14450980
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RALK LIMITED Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
RALK LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14450980. The registered office is 83 Rowditch Furlong, Redhouse Park, Milton Keynes, MK14 5FD, 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.
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 year, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 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
10
Motor vehicles
20
Fixtures & fittings
10
Computer equipment
25
Other tangible fixed assets
18
Going concern
The board of director(s) has a reasonable expectation that the company has adequate resources to continue in operation for the foreseeable future. For these reasons, the board decides to continue to adopt the going concern basis in preparing the financial statements for the company.
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RALK LIMITED Notes to the Accounts for the year ended 31 October 2024
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2023
- 
658 
4,244 
4,902 
Additions
10,873 
- 
- 
10,873 
At 31 October 2024
10,873 
658 
4,244 
15,775 
Depreciation
At 1 November 2023
- 
66 
991 
1,057 
Charge for the year
2,718 
66 
991 
3,775 
At 31 October 2024
2,718 
132 
1,982 
4,832 
Net book value
At 31 October 2024
8,155 
526 
2,262 
10,943 
At 31 October 2023
- 
592 
3,253 
3,845 
5
Investments
Other investments 
£ 
Valuation at 1 November 2023
38,070 
Valuation at 31 October 2024
38,070 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
29,305 
11,989 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
3,786 
- 
Taxes and social security
14,560 
9,785 
Other creditors
- 
40 
Accruals
1,850 
1,850 
20,196 
11,675 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
4,098 
4,098 
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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