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REGISTERED NUMBER: 10762777 (England and Wales)



















RVB PROPERTIES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023






RVB PROPERTIES LIMITED (REGISTERED NUMBER: 10762777)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RVB PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2023







DIRECTOR: R Bhanderi





REGISTERED OFFICE: 5 Dovedale Avenue
Harrow
Middlesex
HA3 0DX





REGISTERED NUMBER: 10762777 (England and Wales)





ACCOUNTANTS: C. Jay & Co.
Chartered Certified Accountants
CJ House
99A Cobbold Road
London
NW10 9SL

RVB PROPERTIES LIMITED (REGISTERED NUMBER: 10762777)

BALANCE SHEET
31 MAY 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 3,576 5,914
Investment property 5 1,341,251 1,341,251
1,344,827 1,347,165

CURRENT ASSETS
Cash at bank 42,359 23,385

CREDITORS
Amounts falling due within one year 6 26,769 26,453
NET CURRENT ASSETS/(LIABILITIES) 15,590 (3,068 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,360,417 1,344,097

CREDITORS
Amounts falling due after more than one
year

7

1,388,146

1,390,649
NET LIABILITIES (27,729 ) (46,552 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (27,829 ) (46,652 )
SHAREHOLDERS' FUNDS (27,729 ) (46,552 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

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 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.

RVB PROPERTIES LIMITED (REGISTERED NUMBER: 10762777)

BALANCE SHEET - continued
31 MAY 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 February 2024 and were signed by:





R Bhanderi - Director


RVB PROPERTIES LIMITED (REGISTERED NUMBER: 10762777)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023


1. STATUTORY INFORMATION

Rvb Properties 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 etc - 33% on cost and 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

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

RVB PROPERTIES LIMITED (REGISTERED NUMBER: 10762777)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 June 2022 12,111
Additions 1,141
At 31 May 2023 13,252
DEPRECIATION
At 1 June 2022 6,197
Charge for year 3,479
At 31 May 2023 9,676
NET BOOK VALUE
At 31 May 2023 3,576
At 31 May 2022 5,914

5. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1 June 2022
and 31 May 2023 1,341,251
NET BOOK VALUE
At 31 May 2023 1,341,251
At 31 May 2022 1,341,251

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade creditors 1 -
Other creditors 26,768 26,453
26,769 26,453

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£ £
Bank loans 952,083 952,083
Other creditors 436,063 438,566
1,388,146 1,390,649