IRIS Accounts Production v23.1.5.20 01723814 Board of Directors Board of Directors 1.7.22 30.6.23 30.6.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh017238142022-06-30017238142023-06-30017238142022-07-012023-06-30017238142021-06-30017238142021-07-012022-06-30017238142022-06-3001723814ns15:EnglandWales2022-07-012023-06-3001723814ns14:PoundSterling2022-07-012023-06-3001723814ns10:Director12022-07-012023-06-3001723814ns10:Director22022-07-012023-06-3001723814ns10:PrivateLimitedCompanyLtd2022-07-012023-06-3001723814ns10:SmallEntities2022-07-012023-06-3001723814ns10:AuditExempt-NoAccountantsReport2022-07-012023-06-3001723814ns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-3001723814ns10:SmallCompaniesRegimeForAccounts2022-07-012023-06-3001723814ns10:FullAccounts2022-07-012023-06-3001723814ns10:CompanySecretary12022-07-012023-06-3001723814ns10:RegisteredOffice2022-07-012023-06-3001723814ns5:CurrentFinancialInstruments2023-06-3001723814ns5:CurrentFinancialInstruments2022-06-3001723814ns5:ShareCapital2023-06-3001723814ns5:ShareCapital2022-06-3001723814ns5:RevaluationReserve2023-06-3001723814ns5:RevaluationReserve2022-06-3001723814ns5:RetainedEarningsAccumulatedLosses2023-06-3001723814ns5:RetainedEarningsAccumulatedLosses2022-06-3001723814ns5:LandBuildings2022-06-3001723814ns5:LandBuildings2023-06-3001723814ns5:LandBuildings2022-06-3001723814ns5:RevaluationReserve2022-06-30
REGISTERED NUMBER: 01723814 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

Rebac Properties Limited

Rebac Properties Limited (Registered number: 01723814)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Rebac Properties Limited

Company Information
for the Year Ended 30 June 2023







DIRECTORS: Mrs K J Lander
J Eva



SECRETARY: Mrs K J Lander



REGISTERED OFFICE: 14 Market Place
Wells
Somerset
BA5 2RE



REGISTERED NUMBER: 01723814 (England and Wales)



ACCOUNTANTS: Edward Howells Associates Limited
Chartered Certified Accountants
20a High Street
Glastonbury
Somerset
BA6 9DU



BANKERS: National Westminster Bank
7 High Street
Wells
Somerset
BA5 2AD

Rebac Properties Limited (Registered number: 01723814)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 120,000 120,000

CURRENT ASSETS
Cash at bank 12,341 10,053

CREDITORS
Amounts falling due within one year 5 947 947
NET CURRENT ASSETS 11,394 9,106
TOTAL ASSETS LESS CURRENT
LIABILITIES

131,394

129,106

PROVISIONS FOR LIABILITIES 7,366 7,366
NET ASSETS 124,028 121,740

CAPITAL AND RESERVES
Called up share capital 5 5
Undistributable reserve 6 87,716 87,716
Retained earnings 36,307 34,019
SHAREHOLDERS' FUNDS 124,028 121,740

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

Rebac Properties Limited (Registered number: 01723814)

Balance Sheet - continued
30 June 2023


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 11 August 2023 and were signed on its behalf by:




Mrs K J Lander - Director



J Eva - Director


Rebac Properties Limited (Registered number: 01723814)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Rebac Properties Limited 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 as modified by the revaluation of certain assets.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST OR VALUATION
At 1 July 2022
and 30 June 2023 120,000
NET BOOK VALUE
At 30 June 2023 120,000
At 30 June 2022 120,000

Rebac Properties Limited (Registered number: 01723814)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

4. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 30 June 2023 is represented by:

Freehold
property
£   
Valuation in 2000 25,032
Valuation in 2008 50
Valuation in 2018 35,000
Valuation in 2021 35,000
Cost 24,918
120,000

If had not been revalued would have been included at the following historical cost:

30.6.23 30.6.22
£    £   
Cost 24,918 24,918

Freehold property was valued on an open market basis on 10 May 2021 by the professional valuers .

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Taxation and social security 537 537
Other creditors 410 410
947 947

6. RESERVES
Undistributable
reserve
£   
At 1 July 2022
and 30 June 2023 87,716