R D CONSULTING AND EDUCATION LIMITED


Directors	Dr R Dharmadhikari
	Dr D Dharmadhikari


Registered Address	123 Kenton Road
	Newcastle Upon Tyne
	NE3 4NN


Registered Number	07614925 (England and Wales)

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The company changed its reporting period from 30 April 2024 to 31 March 2024 and therefore the results of the current period represent an 11 month period. The comparative period is for a 12 month period.

Basis of preparation

The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The company changed its reporting period from 30 April 2024 to 31 March 2024 and therefore the results of the current period represent an 11 month period. The comparative period is
for a 12 month period.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Judgements and key sources of estimation uncertainty
	In applying the company's accounting policies, the directors are required to make judgements, estimates and assumptions in determining the carrying amounts of assets and liabilities. The directors' judgements, estimates and assumptions are based on the best and most reliable evidence available at the time when the decisions are made, and are based on historical experience and other factors that are considered to be applicable. Due to the inherent subjectivity involved in making such judgements, estimates and assumptions, the actual results and outcomes may differ. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods, if the revision affects both current and future periods.

Judgements and key sources of estimation uncertainty

In applying the company's accounting policies, the directors are required to make judgements, estimates and assumptions in determining the carrying amounts of assets and liabilities. The directors' judgements, estimates and assumptions are based on the best and most reliable evidence available at the time when the decisions are made, and are based on historical experience and other factors that are considered to be applicable.

Due to the inherent subjectivity involved in making such judgements, estimates and assumptions, the actual results and outcomes may differ. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods, if the revision affects both current and future periods.

	Turnover policy
	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 the rendering of services. 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.

Turnover policy

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 the rendering of services.

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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to the Income Statement

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to the Income Statement

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	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.

Deferred tax

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.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Depreciation is provided on all tangible fixed assets as follows: Included within land and buildings is investment property which is depreciated at nil rate.

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. 

The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement

Depreciation is provided on all tangible fixed assets as follows:

Included within land and buildings is investment property which is depreciated at nil rate.

	Investments
	Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the Income Statement.

	Investment property
	Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate. These values are adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Income Statement.

	Financial instruments
	The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Land & buildings	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 April 24	1,316,245	24,277	4,215	1,344,737
Additions	1,154,785	10,000	559	1,165,344
Disposals	(213,672)	-	-	(213,672)
At 31 March 25	2,257,358	34,277	4,774	2,296,409
Depreciation and impairment
At 01 April 24	-	8,114	3,892	12,006
Charge for year	-	4,063	439	4,502
At 31 March 25	-	12,177	4,331	16,508
Net book value
At 31 March 25	2,257,358	22,100	443	2,279,901
At 31 March 24	1,316,245	16,163	323	1,332,731


	The investment properties were valued by the directors on an open market value for existing use basis on 31 March 2025 and are included in the balance sheet at this value.

4.	Fixed asset investments

	Other investments¹	Total
	£	£
Cost or valuation
At 01 April 24	365,235	365,235
Revaluations	(33,023)	(33,023)
Disposals	(72,181)	(72,181)
At 31 March 25	260,031	260,031
Net book value
At 31 March 25	260,031	260,031
At 31 March 24	365,235	365,235

	Notes
	¹Other investments other than loans

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	-	4,062
Other debtors	36,395	30,955
Prepayments and accrued income	-	55,749
Total	36,395	90,766


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method. Included in debtors is an amount of £26,326 (2023: £24,332) which is a convertible loan due to be repaid in May 2025. Interest is accruing on this loan at a rate of 5%.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Included in debtors is an amount of £26,326 (2023: £24,332) which is a convertible loan due to be repaid in May 2025. Interest is accruing on this loan at a rate of 5%.

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	900	900
Bank borrowings and overdrafts	40,209	9,800
Taxation and social security	54,787	65,359
Other creditors	502,583	328,083
Accrued liabilities and deferred income	3,732	2,880
Total	602,211	407,022


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	306,371	153,803
Total	306,371	153,803

8.	Secured creditors
	As at 31 March 2025, 9 fixed charges were held over the company, securing the company's current and future liabilities to the bank. The aggregate amount of debts covered totalled £346,171. This is due to mortgage finance, used for the purchase of the investment properties.

9.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	345	13,052
Total	345	13,052

10.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
Dr R Dharmadhikari	648	350,832	351,287	193
	648	350,832	351,287	193


	Other debtors includes £193. The loan is interest free and repayable on demand.

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		2,279,901		1,332,731
Investments	4		260,031		365,235
			2,539,932		1,697,966
Current assets
Debtors	5	36,395		90,766
Cash at bank and on hand		29,350		332,092
		65,745		422,858
Creditors amounts falling due within one year	6	(602,211)		(407,022)
Net current assets (liabilities)			(536,466)		15,836
Total assets less current liabilities			2,003,466		1,713,802
Creditors amounts falling due after one year	7		(306,371)		(153,803)
Provisions for liabilities	9		(345)		(13,052)
Net assets			1,696,750		1,546,947
Capital and reserves
Called up share capital			100		100
Profit and loss account			1,696,650		1,546,847
Shareholders' funds			1,696,750		1,546,947