RBG (UK) Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 04364829 (England and Wales)

Financial Statements for the Year Ended 28 February 2022

for

RBG (UK) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs Baldish Kaur

Mr Resham Singh

SECRETARY:

Mr Resham Singh

REGISTERED OFFICE:

Bridge House

9-13 Holbrook Lane

Coventry

West Midlands

CV6 4AD

REGISTERED NUMBER:

04364829 (England and Wales)

ACCOUNTANTS:

Sterling Accounting Services Limited

Bridge House

9-13 Holbrook Lane

Coventry

CV6 4AD

FIXED ASSETS

Intangible assets

4

81,600

81,600

Property, plant and equipment

5

54,271

47,950

135,871

129,550

CURRENT ASSETS

Inventories

67,294

75,150

Debtors

6

46,061

46,710

Cash in hand

2,225

4,001

115,580

125,861

CREDITORS

Amounts falling due within one year

7

31,554

47,350

NET CURRENT ASSETS

84,026

78,511

TOTAL ASSETS LESS CURRENT LIABILITIES

219,897

208,061

CREDITORS

Amounts falling due after more than one year

8

50,000

50,000

NET ASSETS

169,897

158,061

CAPITAL AND RESERVES

Called up share capital

9

4

4

Retained earnings

169,893

158,057

SHAREHOLDERS' FUNDS

169,897

158,061

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 November 2022 and were signed on its behalf by:

Mr Resham Singh - Director

1.	STATUTORY INFORMATION

RBG (UK) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2021 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 March 2021

and 28 February 2022

96,000

AMORTISATION

At 1 March 2021

and 28 February 2022

14,400

NET BOOK VALUE

At 28 February 2022

81,600

At 28 February 2021

81,600

5.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 March 2021

115,484

Additions

15,898

At 28 February 2022

131,382

DEPRECIATION

At 1 March 2021

67,534

Charge for year

9,577

At 28 February 2022

77,111

NET BOOK VALUE

At 28 February 2022

54,271

At 28 February 2021

47,950

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.22

28.2.21

£

£

Other debtors

46,061

46,710

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.22

28.2.21

£

£

Bank loans and overdrafts

18,240

33,825

Trade creditors

2,394

1,045

Taxation and social security

3,671

5,722

Other creditors

7,249

6,758

31,554

47,350

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.22

28.2.21

£

£

Bank loans

50,000

50,000

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.22

28.2.21

value:

£

£

4

Ordinary

£1

4

4