Company Registration No. 03409975 (England and Wales)
Rakgard International Limited
Unaudited accounts
for the year ended 31 December 2020
Rakgard International Limited
Unaudited accounts
Contents
Rakgard International Limited
Company Information
for the year ended 31 December 2020
Director
Ivan James Hodges
Company Number
03409975 (England and Wales)
Registered Office
38 Vale Business Park
LLandow
Cowbridge
CF71 7PF
Accountants
A40infobahn Limited
Bron Haul
Penlan Road
CARMARTHEN
Carmarthenshire
SA31 1DN
Rakgard International Limited
Statement of financial position
as at 31 December 2020
Cash at bank and in hand
15,465
2,145
Creditors: amounts falling due within one year
(5,937)
(417)
Net current assets
44,590
40,255
Total assets less current liabilities
45,346
41,334
Creditors: amounts falling due after more than one year
(2,297)
-
Called up share capital
85
85
Profit and loss account
42,468
40,753
Shareholders' funds
43,049
41,334
For the year ending 31 December 2020 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 director acknowledges his 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 and authorised for issue on 22 September 2021 and were signed on its behalf by
Ivan James Hodges
Director
Company Registration No. 03409975
Rakgard International Limited
Notes to the Accounts
for the year ended 31 December 2020
Rakgard International Limited is a private company, limited by shares, registered in England and Wales, registration number 03409975. The registered office is 38 Vale Business Park, LLandow, Cowbridge, CF71 7PF.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2020
16,940
1,961
18,901
At 31 December 2020
16,940
1,961
18,901
At 1 January 2020
16,832
990
17,822
Charge for the year
127
196
323
At 31 December 2020
16,959
1,186
18,145
At 31 December 2020
(19)
775
756
At 31 December 2019
108
971
1,079
Rakgard International Limited
Notes to the Accounts
for the year ended 31 December 2020
5
Debtors: amounts falling due within one year
2020
2019
Amounts due from group undertakings etc.
1,737
6,171
Accrued income and prepayments
661
961
6
Creditors: amounts falling due within one year
2020
2019
Trade creditors
964
(3,278)
Taxes and social security
(3,840)
1,707
Loans from directors
2,326
1,548
7
Creditors: amounts falling due after more than one year
2020
2019
Amounts owed to group undertakings and other participating interests
2,293
-
Taxes and social security
4
-
8
Average number of employees
During the year the average number of employees was 0 (2019: 0).
