R & D Developments (Bicester) Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10353663

R & D Developments (Bicester) Ltd

Filleted Unaudited Financial Statements

31 January 2025

R & D Developments (Bicester) Ltd

Statement of Financial Position

31 January 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	4	3,925	5,234

Current assets

Debtors	5	129,647	115,716
Cash at bank and in hand		12,892	7,686
		---------	---------
		142,539	123,402

Creditors: amounts falling due within one year	6	80,550	64,489
		---------	---------
Net current assets		61,989	58,913
		--------	--------
Total assets less current liabilities		65,914	64,147
		--------	--------
Net assets		65,914	64,147
		--------	--------

Capital and reserves

Called up share capital	100	100
Profit and loss account	65,814	64,047
	--------	--------
Shareholders funds	65,914	64,147
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 29 October 2025 , and are signed on behalf of the board by:

Mr R Oliver	Mr D Clack
Director	Director

Company registration number: 10353663

R & D Developments (Bicester) Ltd

Notes to the Financial Statements

Year ended 31 January 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 5 Minton Place, Victoria Road, Bicester, Oxon, OX26 6QB, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	25% reducing balance
Equipment	-	25% reducing balance

4. Tangible assets

	Plant and machinery	Equipment	Total
	£	£	£
Cost
At 1 February 2024 and 31 January 2025	19,900	661	20,561
	--------	----	--------
Depreciation
At 1 February 2024	14,823	504	15,327
Charge for the year	1,269	40	1,309
	--------	----	--------
At 31 January 2025	16,092	544	16,636
	--------	----	--------
Carrying amount
At 31 January 2025	3,808	117	3,925
	--------	----	--------
At 31 January 2024	5,077	157	5,234
	--------	----	--------

5. Debtors

	2025	2024
	£	£
Trade debtors	81,250	86,007
Other debtors	48,397	29,709
	---------	---------
	129,647	115,716
	---------	---------

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	21,596	13,580
Corporation tax	4,563	9,448
Social security and other taxes	5,000	280
Other creditors	49,391	41,181
	--------	--------
	80,550	64,489
	--------	--------