Company registration number 4908689 (England and Wales)
RIFT VALLEY PROPERTIES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022
PAGES FOR FILING WITH REGISTRAR
RIFT VALLEY PROPERTIES LIMITED
COMPANY INFORMATION
Director
J MILES
Company number
4908689
Registered office
9 Seagrave Road
London
SW6 1RP
Accountants
Kingston Burrowes Accountants
308 Ewell Road
Surbiton
Surrey
KT6 7AL
RIFT VALLEY PROPERTIES LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet and notes to the financial statements
2 - 3
RIFT VALLEY PROPERTIES LIMITED
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF RIFT VALLEY PROPERTIES LIMITED
- 1 -
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 30 September 2022.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet, you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that comply with the requirements of the Acts.
You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Kingston Burrowes Accountants
16 November 2023
Accountants
308 Ewell Road
Surbiton
Surrey
KT6 7AL
RIFT VALLEY PROPERTIES LIMITED
BALANCE SHEET
AS AT
30 SEPTEMBER 2022
30 September 2022
- 2 -
2022
2021
£
£
£
£
Fixed assets
1,200,144
850,000
Current assets
100,685
Creditors: amounts falling due within one year
(164,775)
(72,418)
Net current (liabilities)/assets
(164,775)
28,267
Total assets less current liabilities
1,035,369
878,267
Creditors: amounts falling due after more than one year
(840,000)
(503,898)
Net assets
195,369
374,369
Capital and reserves
195,369
374,369
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2022
2021
Number
Number
Employees
1
1
2
Related party transactions
There were no related party transactions in the year ended 30 September 2022.
3
Revaluation reserve
In the year ended 30 September 2018 the director revalued the freehold property.
RIFT VALLEY PROPERTIES LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 SEPTEMBER 2022
30 September 2022
- 3 -
Rift Valley Properties Limited is a private company limited by shares incorporated in England and Wales. The registered office is 9 Seagrave Road, London, SW6 1RP.
For the year ended 30 September 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 16 November 2023
J MILES
Director
Company registration number 4908689 (England and Wales)
RIFT VALLEY PROPERTIES LIMITED
SCHEDULE OF TANGIBLE FIXED ASSETS
FOR THE YEAR ENDED 30 SEPTEMBER 2022
- 4 -
Freehold land and buildings
£
Cost
At 1 October 2021
850,000
Additions
350,144
At 30 September 2022
1,200,144
Depreciation and impairment
At 1 October 2021 and 30 September 2022
Carrying amount
At 30 September 2022
1,200,144
At 30 September 2021
850,000
Freehold property is depreciated at 0%.