Caseware UK (AP4) 2022.0.179 2022.0.179 2023-01-312023-01-312022-02-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2false2truetrue 11172008 2022-02-01 2023-01-31 11172008 2021-02-01 2022-01-31 11172008 2023-01-31 11172008 2022-01-31 11172008 c:Director2 2022-02-01 2023-01-31 11172008 d:Buildings 2023-01-31 11172008 d:Buildings 2022-01-31 11172008 d:CurrentFinancialInstruments 2023-01-31 11172008 d:CurrentFinancialInstruments 2022-01-31 11172008 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 11172008 d:CurrentFinancialInstruments d:WithinOneYear 2022-01-31 11172008 d:ShareCapital 2023-01-31 11172008 d:ShareCapital 2022-01-31 11172008 d:RetainedEarningsAccumulatedLosses 2023-01-31 11172008 d:RetainedEarningsAccumulatedLosses 2022-01-31 11172008 c:FRS102 2022-02-01 2023-01-31 11172008 c:AuditExempt-NoAccountantsReport 2022-02-01 2023-01-31 11172008 c:FullAccounts 2022-02-01 2023-01-31 11172008 c:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 iso4217:GBP xbrli:pure

Registered number: 11172008










ROBINSWOOD PROPERTY INVESTMENTS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2023

 
ROBINSWOOD PROPERTY INVESTMENTS LIMITED
 

CONTENTS



Page
Balance sheet
 
1
Notes to the financial statements
 
2 - 4


 
ROBINSWOOD PROPERTY INVESTMENTS LIMITED
REGISTERED NUMBER: 11172008

BALANCE SHEET
AS AT 31 JANUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
194,111
194,111

Current assets
  

Debtors
 5 
1,191
1,926

Cash at bank and in hand
  
14,506
10,641

  
15,697
12,567

Creditors: amounts falling due within one year
 6 
(205,273)
(204,817)

Net current liabilities
  
 
 
(189,576)
 
 
(192,250)

Total assets less current liabilities
  
4,535
1,861

  

Net assets
  
4,535
1,861


Capital and reserves
  

Called up share capital 
  
225
225

Profit and loss account
  
4,310
1,636

  
4,535
1,861


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 24 October 2023.

S. White
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
ROBINSWOOD PROPERTY INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1.


General information

Robinswood Property Investments Limited (the Company) is a private company, limited by shares, incorporated and domiciled in England. The address of its registered office is Salem Street, Great Bridge, Tipton, West Midlands, United Kingdom, DY4 7JH.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.


The following principal accounting policies have been applied:

 
2.2

Going concern

The Company is dependent upon the financial support of its creditors. The directors have received assurances from its creditors that they will continue to provide the financial support necessary to enable the Company to continue in operational existence for the foreseeable future. Accordingly, these financial statements have been prepared on the going concern basis.

 
2.3

Revenue

Turnover comprises rental income, which is recognised on a receivable basis.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.5

Investment property

Investment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Profit and loss account.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 2

 
ROBINSWOOD PROPERTY INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

2.Accounting policies (continued)

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.8

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including the directors, during the year was as follows:


        2023
        2022
            No.
            No.







Directors
2
2


4.


Investment Property





Freehold properties

£



Valuation


At 1 February 2022
194,111



At 31 January 2023

194,111






Net book value



At 31 January 2023
194,111

The historic cost of the property is £194,111.
The 2022 valuations were made by the directors on an open market basis.

Page 3

 
ROBINSWOOD PROPERTY INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

5.


Debtors

2023
2022
£
£


Trade debtors
354
846

Other debtors
324
324

Prepayments and accrued income
513
756

1,191
1,926



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
628
1,073

Other creditors
201,000
201,000

Accruals and deferred income
3,645
2,744

205,273
204,817


 
Page 4