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REGISTERED NUMBER: 06615673 (England and Wales)















RURAL PROPERTY PROFESSIONALS LIMITED
TRADING AS
WILLIAMS ASSOCIATES

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2023






RURAL PROPERTY PROFESSIONALS LIMITED (REGISTERED NUMBER: 06615673)
TRADING AS WILLIAMS ASSOCIATES






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RURAL PROPERTY PROFESSIONALS LIMITED
TRADING AS WILLIAMS ASSOCIATES

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH JUNE 2023







DIRECTOR: S G Williams





SECRETARY: G P Williams





REGISTERED OFFICE: Pembroke House
Llantarnam Park Way
Cwmbran
Torfaen
NP44 3AU





REGISTERED NUMBER: 06615673 (England and Wales)





ACCOUNTANTS: Green & Co
Chartered Certified Accountants
Pembroke House
Llantarnam Park Way
Cwmbran
Torfaen
NP44 3AU

RURAL PROPERTY PROFESSIONALS LIMITED (REGISTERED NUMBER: 06615673)
TRADING AS WILLIAMS ASSOCIATES

BALANCE SHEET
30TH JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 26,383 31,916

CURRENT ASSETS
Debtors 5 111,009 78,710
Cash at bank and in hand 97,161 169,584
208,170 248,294
CREDITORS
Amounts falling due within one year 6 130,935 231,564
NET CURRENT ASSETS 77,235 16,730
TOTAL ASSETS LESS CURRENT
LIABILITIES

103,618

48,646

CREDITORS
Amounts falling due after more than one
year

7

20,598

30,694
NET ASSETS 83,020 17,952

CAPITAL AND RESERVES
Called up share capital 8 10 10
Retained earnings 83,010 17,942
SHAREHOLDERS' FUNDS 83,020 17,952

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

RURAL PROPERTY PROFESSIONALS LIMITED (REGISTERED NUMBER: 06615673)
TRADING AS WILLIAMS ASSOCIATES

BALANCE SHEET - continued
30TH 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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 6th November 2023 and were signed by:





S G Williams - Director


RURAL PROPERTY PROFESSIONALS LIMITED (REGISTERED NUMBER: 06615673)
TRADING AS WILLIAMS ASSOCIATES

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2023

1. STATUTORY INFORMATION

Rural Property Professionals 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

RURAL PROPERTY PROFESSIONALS LIMITED (REGISTERED NUMBER: 06615673)
TRADING AS WILLIAMS ASSOCIATES

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1st July 2022 42,308 66,250 10,593 119,151
Additions 5,200 - - 5,200
At 30th June 2023 47,508 66,250 10,593 124,351
DEPRECIATION
At 1st July 2022 37,286 41,295 8,654 87,235
Charge for year 2,555 6,239 1,939 10,733
At 30th June 2023 39,841 47,534 10,593 97,968
NET BOOK VALUE
At 30th June 2023 7,667 18,716 - 26,383
At 30th June 2022 5,022 24,955 1,939 31,916

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 106,025 69,698
Prepayments 4,984 9,012
111,009 78,710

RURAL PROPERTY PROFESSIONALS LIMITED (REGISTERED NUMBER: 06615673)
TRADING AS WILLIAMS ASSOCIATES

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,138 10,127
Trade creditors 8,663 11,215
Credit card 2,244 3,702
Client account 54,503 72,473
Corporation Tax 17,485 9,373
Social security and other taxes - 870
VAT 23,203 14,964
Directors' current accounts 12,650 104,812
Accrued expenses 2,049 4,028
130,935 231,564

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bounce back loan 20,598 30,694

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
10 Ordinary £1 10 10

9. RELATED PARTY DISCLOSURES

At the year end, the company owed Mr S G Williams £12,650 (2022: £104,812).