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Company Registration No. 10329523 (England and Wales)
Ralph Catton Investments Limited Unaudited accounts for the year ended 31 January 2023
Ralph Catton Investments Limited Unaudited accounts Contents
Page
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Ralph Catton Investments Limited Company Information for the year ended 31 January 2023
Director
R Catton
Company Number
10329523 (England and Wales)
Registered Office
Faulkers End Farm Roundwood Lane Harpenden Hertfordshire AL5 3PG
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Ralph Catton Investments Limited Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
656,620 
656,620 
Current assets
Debtors
5,109 
11,609 
Cash at bank and in hand
98,198 
88,897 
103,307 
100,506 
Creditors: amounts falling due within one year
(1,698)
(1,742)
Net current assets
101,609 
98,764 
Net assets
758,229 
755,384 
Capital and reserves
Called up share capital
1 
1 
Share premium
761,728 
761,728 
Profit and loss account
(3,500)
(6,345)
Shareholders' funds
758,229 
755,384 
For the year ending 31 January 2023 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 13 October 2023 and were signed on its behalf by
R Catton Director Company Registration No. 10329523
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Ralph Catton Investments Limited Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
Ralph Catton Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 10329523. The registered office is Faulkers End Farm, Roundwood Lane, Harpenden, Hertfordshire, AL5 3PG.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Investment property
Investment property which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the balance sheet date. Changes in fair value are recognised in profit or loss.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit. Deferred tax assets and liabilities are not discounted.
4
Investment property
2023 
£ 
Fair value at 1 February 2022
656,620 
At 31 January 2023
656,620 
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Ralph Catton Investments Limited Notes to the Accounts for the year ended 31 January 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
5,109 
5,109 
Other debtors
- 
6,500 
5,109 
11,609 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
656 
700 
Accruals
1,042 
1,042 
1,698 
1,742 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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