RVR Commercial Properties Limited 07053263 false 2023-02-01 2024-01-31 2024-01-31 The principal activity of the company is that of renting commercial properties and business consultancy. Digita Accounts Production Advanced 6.30.9574.0 true true 07053263 2023-02-01 2024-01-31 07053263 2024-01-31 07053263 bus:OrdinaryShareClass1 2024-01-31 07053263 core:CurrentFinancialInstruments 2024-01-31 07053263 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 07053263 core:Non-currentFinancialInstruments 2024-01-31 07053263 core:Non-currentFinancialInstruments core:AfterOneYear 2024-01-31 07053263 bus:SmallEntities 2023-02-01 2024-01-31 07053263 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 07053263 bus:FullAccounts 2023-02-01 2024-01-31 07053263 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 07053263 bus:RegisteredOffice 2023-02-01 2024-01-31 07053263 bus:Director1 2023-02-01 2024-01-31 07053263 bus:OrdinaryShareClass1 2023-02-01 2024-01-31 07053263 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 07053263 countries:EnglandWales 2023-02-01 2024-01-31 07053263 2022-02-01 2023-01-31 07053263 2023-01-31 07053263 bus:OrdinaryShareClass1 2023-01-31 07053263 core:CurrentFinancialInstruments 2023-01-31 07053263 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 07053263 core:Non-currentFinancialInstruments 2023-01-31 07053263 core:Non-currentFinancialInstruments core:AfterOneYear 2023-01-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 07053263

RVR Commercial Properties Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 January 2024

 

RVR Commercial Properties Limited

Contents

Company Information

1

Director's Report

2

Balance Sheet

3

Notes to the Unaudited Financial Statements

4 to 7

 

RVR Commercial Properties Limited

Company Information





 

Director




 

I Rodger

Registered office





 

Tolson View
Armitage-Dean Brook Road
Armitage Bridge
Huddersfield
West Yorkshire
HD4 7PD

Accountants

D & A Hill
No.18 T8/9 Brooke's Mill
Armitage Bridge
Huddersfield
West Yorkshire
HD4 7NR

 

RVR Commercial Properties Limited

Director's Report
for the Year Ended 31 January 2024

The director presents his report and the financial statements for the year ended 31 January 2024.

Director of the company

The director who held office during the year was as follows:

I Rodger

Principal activity

The principal activity of the company is that of renting commercial properties and business consultancy.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 13 February 2024
 

.........................................
I Rodger
Director

 

RVR Commercial Properties Limited

(Registration number: 07053263 )
Balance Sheet as at 31 January 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

-

50,000

Investments

5

67,500

25,000

Cash at bank and in hand

 

1,997

87,468

 

69,497

162,468

Creditors: Amounts falling due within one year

6

(19,226)

(61,986)

Total assets less current liabilities

 

50,271

100,482

Creditors: Amounts falling due after more than one year

6

-

(50,000)

Net assets

 

50,271

50,482

Capital and reserves

 

Called up share capital

7

1

1

Retained earnings

50,270

50,481

Shareholders' funds

 

50,271

50,482

For the financial year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 13 February 2024
 

.........................................
I Rodger
Director

 

RVR Commercial Properties Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 January 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Tolson View
Armitage-Dean Brook Road
Armitage Bridge
Huddersfield
West Yorkshire
HD4 7PD
England

These financial statements were authorised for issue by the director on 13 February 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

RVR Commercial Properties Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 January 2024

Tax

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

 

RVR Commercial Properties Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 January 2024

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 2).

4

Debtors

Current

2024
£

2023
£

Other debtors

-

50,000

 

-

50,000

5

Investments

2024
£

2023
£

Other investments

67,500

25,000

67,500

25,000

 

RVR Commercial Properties Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 January 2024

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

12,676

52,464

Accruals and deferred income

6,550

8,685

Other creditors

-

837

19,226

61,986

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

8

-

50,000

7

Share capital

Allotted, called up and fully paid shares

 

2024

2023

 

No.

£

No.

£

Ordinary of £1 each

1

1

1

1

         

8

Loans and borrowings

2024
£

2023
£

Non-current loans and borrowings

Other borrowings

-

50,000