R&D DEVELOPMENTS 2021 LIMITED

R&D DEVELOPMENTS 2021 LIMITED

R&D DEVELOPMENTS 2021 LIMITED - Company Information

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R&D DEVELOPMENTS 2021 LIMITED

Company Registration Number:
13253980 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 1 April 2022

End date: 31 March 2023

R&D DEVELOPMENTS 2021 LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Additional notes
Balance sheet notes

R&D DEVELOPMENTS 2021 LIMITED

Balance sheet

As at 31 March 2023

Notes 2023 13 months to 31 March 2022


£
£
Current assets
Stocks: 3 3,239,369 2,666,854
Debtors: 4 85,299
Cash at bank and in hand: 103,297 1,108
Total current assets: 3,427,965 2,667,962
Creditors: amounts falling due within one year: 5 ( 3,364,391 ) ( 2,669,045 )
Net current assets (liabilities): 63,574 (1,083)
Total assets less current liabilities: 63,574 ( 1,083)
Total net assets (liabilities): 63,574 (1,083)
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 63,572 (1,085 )
Total Shareholders' funds: 63,574 (1,083)

The notes form part of these financial statements

R&D DEVELOPMENTS 2021 LIMITED

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption 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 directors acknowledge their 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 12 December 2023
and signed on behalf of the board by:

Name: Mr Robert Lee Taylor
Status: Director

The notes form part of these financial statements

R&D DEVELOPMENTS 2021 LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

R&D DEVELOPMENTS 2021 LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees

    2023 13 months to 31 March 2022
    Average number of employees during the period 2 2

R&D DEVELOPMENTS 2021 LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Stocks

2023 13 months to 31 March 2022
£ £
Stocks 3,239,369 2,666,854
Total 3,239,369 2,666,854

R&D DEVELOPMENTS 2021 LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Debtors

2023 13 months to 31 March 2022
£ £
Prepayments and accrued income 299
Other debtors 85,000
Total 85,299

R&D DEVELOPMENTS 2021 LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Creditors: amounts falling due within one year note

2023 13 months to 31 March 2022
£ £
Bank loans and overdrafts 3,342,413 2,668,295
Trade creditors 5,765
Taxation and social security 14,913
Accruals and deferred income 1,300 750
Total 3,364,391 2,669,045

R&D DEVELOPMENTS 2021 LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Off balance sheet arrangements

Related Party Transactions :Summary of transactions with entities with joint control or significant interest :The company recorded purchases of £2,138,667 from JATA Construction Limited, a company controlled by R Taylor, for building services.