Company Registration No. 03409975 (England and Wales)
Rakgard International Limited
Unaudited accounts
for the year ended 31 December 2022
Rakgard International Limited
Unaudited accounts
Contents
Rakgard International Limited
Company Information
for the year ended 31 December 2022
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
Accountants' report
Accountants' report to the director of Rakgard International Limited on the preparation of the unaudited statutory accounts for the year ended 31 December 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Rakgard International Limited for the year ended
31 December 2022 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Rakgard International Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Rakgard International Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Rakgard International Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Rakgard International Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Rakgard International Limited. You consider that Rakgard International Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Rakgard International Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
A40infobahn Limited
Bron Haul
Penlan Road
CARMARTHEN
Carmarthenshire
SA31 1DN
19 September 2023
Rakgard International Limited
Statement of financial position
as at 31 December 2022
Cash at bank and in hand
11,909
8,024
Creditors: amounts falling due within one year
(1,232)
(1,545)
Net current assets
51,406
29,415
Total assets less current liabilities
51,662
29,671
Creditors: amounts falling due after more than one year
(2,297)
(2,297)
Called up share capital
85
85
Profit and loss account
48,784
26,793
Shareholders' funds
49,365
27,374
For the year ending 31 December 2022 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 19 September 2023 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 2022
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 2022
16,940
1,961
18,901
At 31 December 2022
16,940
1,961
18,901
At 1 January 2022
16,940
1,705
18,645
At 31 December 2022
16,940
1,705
18,645
At 31 December 2022
-
256
256
At 31 December 2021
-
256
256
Rakgard International Limited
Notes to the Accounts
for the year ended 31 December 2022
Amounts falling due within one year
Amounts due from group undertakings etc.
38,976
3,737
Accrued income and prepayments
661
661
6
Creditors: amounts falling due within one year
2022
2021
Trade creditors
(426)
1,567
7
Creditors: amounts falling due after more than one year
2022
2021
Amounts owed to group undertakings and other participating interests
2,293
2,293
Taxes and social security
4
4
8
Average number of employees
During the year the average number of employees was 0 (2021: 0).