RPF Developments Ltd - Accounts to registrar (filleted) - small 23.2.5

RPF Developments Ltd

Financial Statements for the Year Ended 31 March 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Ms K A Hunter

Mr P Wallace

Dr M Wallace

REGISTERED OFFICE:

Red Sky House

Fairclough Hall

Halls Green

Weston

Hertfordshire

SG4 7DP

REGISTERED NUMBER:

03720737 (England and Wales)

ACCOUNTANTS:

Hargreaves Owen Ltd

Chartered Certified Accountants

Red Sky House

Fairclough Hall, Halls Green

Weston

Hertfordshire

SG4 7DP

FIXED ASSETS

Tangible assets

4

3,525

4,699

CURRENT ASSETS

Stocks

664,888

631,061

Debtors

5

-

19,948

Cash at bank

209,856

232,567

874,744

883,576

CREDITORS

Amounts falling due within one year

6

17,262

13,998

NET CURRENT ASSETS

857,482

869,578

TOTAL ASSETS LESS CURRENT LIABILITIES

861,007

874,277

CAPITAL AND RESERVES

Called up share capital

2,000

2,000

Share premium

348,100

348,100

Retained earnings

510,907

524,177

861,007

874,277

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 4 June 2024 and were signed on its behalf by:

Mr P Wallace - Director

1.	STATUTORY INFORMATION

RPF Developments Ltd 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

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

Tangible fixed assets

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

Stocks

Stocks 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 NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 April 2023

and 31 March 2024

11,140

DEPRECIATION

At 1 April 2023

6,441

Charge for year

1,174

At 31 March 2024

7,615

NET BOOK VALUE

At 31 March 2024

3,525

At 31 March 2023

4,699

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

VAT

-

19,948

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

2,637

-

VAT

627

-

Directors' current accounts

13,998

13,998

17,262

13,998