Rochdale Property Investments Ltd |
Registered Number:05829953 |
For the year ended 31 May 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 May 2023
Rochdale Property Investments Ltd
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
Rochdale Property Investments Ltd
Statement of Financial Position
2022
2023
Property, plant and equipment |
310,490
180,096
2
310,490
180,096
Trade and other receivables |
527
56
3
3,410
Cash and cash equivalents |
18,272
18,328
3,937
Trade and other payables: amounts falling due within one |
year |
(14,019)
(13,558)
4
(10,082)
4,770
Net current assets
Total assets less current liabilities |
315,260
170,014
Trade and other payables: amounts falling due after more |
than one year |
(131,932)
(275,284)
5
39,976
Net assets
38,082
100
100
39,876
37,982
39,976
38,082
Shareholders' funds
For the year ended 31 May 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 of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 06 December 2023 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 May 2023
Rochdale Property Investments Ltd
Notes to the Financial Statements
Statutory Information
Rochdale Property Investments Ltd is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 05829953. |
16 Waingap View
Whitworth
Rochdale
Lancashire
OL12 8QD
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover represents rents receivable.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer equipment
No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected |
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation |
would be immaterial. The directors undertake an annual impairment review of these properties. |
2. Property, plant and equipment |
180,439
439
180,000
130,408
-
130,408
310,408
439
310,847
Provision for depreciation and impairment |
343
343
-
Charge for year
14
14
-
357
357
-
310,408
82
310,490
180,000
96
180,096
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For the year ended 31 May 2023
Rochdale Property Investments Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables |
2022
2023
56
527
4. Trade and other payables: amounts falling due within one year |
2022
2023
Bank loans and overdraft (secured) |
343
3,643
Taxation and social security |
448
1,660
12,767
8,716
13,558
14,019
5. Trade and other payables: amounts falling due after more than one year |
2022
2023
Bank loans and overdraft (secured) |
185,284
41,932
90,000
90,000
275,284
131,932
6. Average number of persons employed |
During the year the average number of employees was 0
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