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Company Registration No. 10103634 (England and Wales)
REHOBOTH PROPERTIES (UK) LIMITED Unaudited accounts for the year ended 31 December 2022
REHOBOTH PROPERTIES (UK) LIMITED Unaudited accounts Contents
Page
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REHOBOTH PROPERTIES (UK) LIMITED Company Information for the year ended 31 December 2022
Directors
Gideon Ayiku AKROFI Eric DJAN
Company Number
10103634 (England and Wales)
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REHOBOTH PROPERTIES (UK) LIMITED Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,431 
5,907 
Investments
100 
100 
4,531 
6,007 
Current assets
Debtors
138,264 
112,559 
Cash at bank and in hand
(17,701)
48,925 
120,563 
161,484 
Creditors: amounts falling due within one year
(397,199)
(446,125)
Net current liabilities
(276,636)
(284,641)
Total assets less current liabilities
(272,105)
(278,634)
Creditors: amounts falling due after more than one year
(25,000)
(35,935)
Net liabilities
(297,105)
(314,569)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(297,106)
(314,570)
Shareholders' funds
(297,105)
(314,569)
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 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 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 of Directors and authorised for issue on 30 September 2023 and were signed on its behalf by
Eric DJAN Director Company Registration No. 10103634
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REHOBOTH PROPERTIES (UK) LIMITED Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
REHOBOTH PROPERTIES (UK) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10103634.
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
Straight line over the length of the lease
Motor vehicles
25% reducing balance
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
Investments
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss. A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.
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REHOBOTH PROPERTIES (UK) LIMITED Notes to the Accounts for the year ended 31 December 2022
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2022
64,230 
21,589 
2,385 
23,049 
111,253 
At 31 December 2022
64,230 
21,589 
2,385 
23,049 
111,253 
Depreciation
At 1 January 2022
64,229 
15,686 
2,383 
23,048 
105,346 
Charge for the year
- 
1,476 
- 
- 
1,476 
At 31 December 2022
64,229 
17,162 
2,383 
23,048 
106,822 
Net book value
At 31 December 2022
1 
4,427 
2 
1 
4,431 
At 31 December 2021
1 
5,903 
2 
1 
5,907 
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 January 2022
100 
Valuation at 31 December 2022
100 
6
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
VAT
80,160 
61,888 
Amounts due from group undertakings etc.
58,104 
50,671 
138,264 
112,559 
7
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
Obligations under finance leases and hire purchase contracts
- 
4,013 
Trade creditors
9,450 
34,133 
Amounts owed to group undertakings and other participating interests
133,140 
195,530 
Taxes and social security
7,514 
17,260 
Other creditors
42,752 
44,307 
Loans from directors
177,643 
124,082 
Accruals
16,700 
16,800 
397,199 
446,125 
8
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
25,000 
35,935 
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REHOBOTH PROPERTIES (UK) LIMITED Notes to the Accounts for the year ended 31 December 2022
9
Operating lease commitments
2022 
2021 
£ 
£ 
At 31 December 2022 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
- 
15,339 
10
Average number of employees
During the year the average number of employees was 6 (2021: 5).
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