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Company Registration No. 9889382 (England and Wales)
REESE PROPERTIES LIMITED Unaudited accounts for the year ended 29 November 2021
REESE PROPERTIES LIMITED Unaudited accounts Contents
Page
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REESE PROPERTIES LIMITED Company Information for the year ended 29 November 2021
Director
Ryan Wells
Company Number
9889382 (England and Wales)
Registered Office
Suite 25 Barkat House London London NW3 5HT United Kingdom
Accountants
GIA Foley & Co Ltd West Clayton Buisness Centre Berry Lane Chorleywood Hertfordshire WD3 5EX
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REESE PROPERTIES LIMITED Statement of financial position as at 29 November 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
810,828 
810,828 
Current assets
Debtors
25,674 
25,183 
Cash at bank and in hand
6,144 
2,735 
31,818 
27,918 
Creditors: amounts falling due within one year
(210,399)
(207,065)
Net current liabilities
(178,581)
(179,147)
Total assets less current liabilities
632,247 
631,681 
Creditors: amounts falling due after more than one year
(614,625)
(620,365)
Net assets
17,622 
11,316 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
17,612 
11,306 
Shareholders' funds
17,622 
11,316 
For the year ending 29 November 2021 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 29 August 2022 and were signed on its behalf by
Ryan Wells Director Company Registration No. 9889382
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REESE PROPERTIES LIMITED Notes to the Accounts for the year ended 29 November 2021
1
Statutory information
REESE PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 9889382. The registered office is Suite 25, Barkat House, London, London, NW3 5HT, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
Not depreciated
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 30 November 2020
810,828 
At 29 November 2021
810,828 
Depreciation
At 29 November 2021
- 
Net book value
At 29 November 2021
810,828 
At 29 November 2020
810,828 
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Other debtors
25,674 
25,183 
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REESE PROPERTIES LIMITED Notes to the Accounts for the year ended 29 November 2021
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Bank loans and overdrafts
3,000 
- 
Taxes and social security
2,025 
(196)
Loans from directors
204,074 
206,261 
Accruals
1,300 
1,000 
210,399 
207,065 
7
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
614,625 
620,365 
8
Average number of employees
During the year the average number of employees was 1 (2020: 1).
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