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REGISTERED NUMBER: 10236961 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

FOR

RD UK PROPERTIES LIMITED

RD UK PROPERTIES LIMITED (REGISTERED NUMBER: 10236961)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RD UK PROPERTIES LIMITED

COMPANY INFORMATION
for the year ended 30 June 2023







DIRECTOR: D Perkins





REGISTERED OFFICE: Preston Park House
South Road
Brighton
East Sussex
BN1 6SB





REGISTERED NUMBER: 10236961 (England and Wales)





ACCOUNTANTS: Plus Accounting
Chartered Accountants
Preston Park House
South Road
Brighton
East Sussex
BN1 6SB

RD UK PROPERTIES LIMITED (REGISTERED NUMBER: 10236961)

BALANCE SHEET
30 June 2023

30.6.23 30.6.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 - -
Investment property 5 275,000 275,000
275,000 275,000

CURRENT ASSETS
Debtors 6 6,453 2,500
Cash at bank - 4,590
6,453 7,090
CREDITORS
Amounts falling due within one year 7 (7,401 ) (22,218 )
NET CURRENT LIABILITIES (948 ) (15,128 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

274,052

259,872

CREDITORS
Amounts falling due after more than one
year

8

(310,386

)

(301,428

)

PROVISIONS FOR LIABILITIES 9 (2,501 ) (2,501 )
NET LIABILITIES (38,835 ) (44,057 )

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings (38,935 ) (44,157 )
SHAREHOLDERS' FUNDS (38,835 ) (44,057 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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.

RD UK PROPERTIES LIMITED (REGISTERED NUMBER: 10236961)

BALANCE SHEET - continued
30 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 February 2024 and were signed by:





D Perkins - Director


RD UK PROPERTIES LIMITED (REGISTERED NUMBER: 10236961)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 June 2023

1. STATUTORY INFORMATION

RD UK 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Turnover
Turnover represents the fair value of consideration received or receivable in respect of rental income.

Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost). Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures & fittings- 5 years on cost

Investment property
Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recongised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

The methods and significant assumptions used to ascertain the fair value at the balance sheet date and fair value movement included in the profit for the year are as follows:

The property has been valued using an open market valuation by the director.

Financial instruments
Financial assets, financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

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.


RD UK PROPERTIES LIMITED (REGISTERED NUMBER: 10236961)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 June 2023

2. ACCOUNTING POLICIES - continued
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.

Impairment
At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 July 2022
and 30 June 2023 3,516
DEPRECIATION
At 1 July 2022
and 30 June 2023 3,516
NET BOOK VALUE
At 30 June 2023 -
At 30 June 2022 -

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2022
and 30 June 2023 275,000
NET BOOK VALUE
At 30 June 2023 275,000
At 30 June 2022 275,000

RD UK PROPERTIES LIMITED (REGISTERED NUMBER: 10236961)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 June 2023

5. INVESTMENT PROPERTY - continued

Fair value at 30 June 2023 is represented by:
£   
Valuation in 2022 275,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors 3,864 -
Other debtors 2,589 2,500
6,453 2,500

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade creditors 2,106 -
Other creditors 5,295 22,218
7,401 22,218

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.23 30.6.22
£    £   
Other creditors 310,386 301,428

9. PROVISIONS FOR LIABILITIES
30.6.23 30.6.22
£    £   
Deferred tax 2,501 2,501

Deferred
tax
£   
Balance at 1 July 2022 2,501
Balance at 30 June 2023 2,501

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.23 30.6.22
value: £    £   
100 Ordinary £1 100 100

RD UK PROPERTIES LIMITED (REGISTERED NUMBER: 10236961)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 June 2023

11. RELATED PARTY DISCLOSURES

During the year, the director charged the company loan interest at 3% per annum which amounted to £9,053 (2022: £8,840). At 30 June 2023 the company owed the director £310,387 (2022: £301,428). The loan is repayable in more than one year.