Registration number: 0567809

RK3 Management Limited

Contents
__________________________________________________________________________

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 6

RK3 Management Limited

Company Information
__________________________________________________________________________

Director

Mrs Z E Silverman

Registered office

342 Regents Park Road London N3 2LJ

Accountants

Brooks Green Chartered AccountantsAbbey House 342 Regents Park Road London N3 2LJ

RK3 Management Limited

(Registration number: 0567809)
Balance Sheet as at 5 April 2025
__________________________________________________________________________

	Note	2025 £		2024 £
Fixed assets
Tangible assets	3		525,712		524,971
Current assets
Debtors	4	3,376		3,376
Cash at bank and in hand		38,133		15,793
		41,509		19,169
Creditors: Amounts falling due within one year	5	(26,429)		(20,541)
Net current assets/(liabilities)			15,080		(1,372)
Net assets			540,792		523,599
Capital and reserves
Called up share capital	6	200		200
Revaluation reserve		515,498		515,498
Other reserves		118		118
Retained earnings		24,976		7,783
Shareholders' funds			540,792		523,599

For the financial year ending 5 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the director on 12 December 2025
 

RK3 Management Limited

(Registration number: 0567809)
Balance Sheet as at 5 April 2025
__________________________________________________________________________

......................................... Mrs Z E Silverman Director

RK3 Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2025
__________________________________________________________________________

1	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Furniture and fittings	15% reducing balance

RK3 Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2025
__________________________________________________________________________

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

3	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 6 April 2024	525,000	9,819	534,819
Additions	-	998	998
At 5 April 2025	525,000	10,817	535,817
Depreciation
At 6 April 2024	-	9,848	9,848
Charge for the year	-	257	257
At 5 April 2025	-	10,105	10,105
Carrying amount
At 5 April 2025	525,000	712	525,712
At 5 April 2024	525,000	(29)	524,971

Included within the net book value of land and buildings above is £525,000 (2024 - £525,000) in respect of freehold land and buildings.
 

RK3 Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2025
__________________________________________________________________________

4

Debtors

Current	2025 £	2024 £
Prepayments	387	387
Other debtors	2,989	2,989
	3,376	3,376

5

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Taxation and social security	13,884	7,289
Accruals and deferred income	3,000	3,000
Other creditors	9,545	10,252
	26,429	20,541

6	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	200	200	200	200