R K News Limited - Accounts to registrar (filleted) - small 23.1.5

REGISTERED NUMBER: 04530352 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2023

for

R K NEWS LIMITED

Page

Balance Sheet

1

FIXED ASSETS

7,513

5,410

CURRENT ASSETS

127,890

118,728

CREDITORS

Amounts falling due within one year

(33,853

)

(27,059

)

NET CURRENT ASSETS

94,037

91,669

TOTAL ASSETS LESS CURRENT LIABILITIES

101,550

97,079

CREDITORS

Amounts falling due after more than one year

23,901

20,382

NET ASSETS

77,649

76,697

CAPITAL AND RESERVES

77,649

76,697

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

R K News Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04530352

Registered office:

2 Wheeleys Road

Edgbaston

Birmingham

West Midlands

B15 2LD

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 3 (2022 - 3 ) .

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2023 and 31 March 2022:

2023

2022

£

£

Kuljinder Singh and Ranjit Kaur

Balance outstanding at start of year

(20,382

)

(27,479

)

Amounts advanced

40,402

22,797

Amounts repaid

(43,921

)

(15,700

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(23,901

)

(20,382

)

Dividends issued during the year = NIL (£30,000 in 2021)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 16 December 2023 and were signed on its behalf by:

Kuljinder Singh - Director