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Company Registration No. 12436505 (England and Wales)
Rawdonprop Ltd Unaudited accounts for the year ended 31 January 2023
Rawdonprop Ltd Unaudited accounts Contents
Page
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Rawdonprop Ltd Company Information for the year ended 31 January 2023
Director
Phillip Hopson
Company Number
12436505 (England and Wales)
Registered Office
107 Kirkgate Leeds England LS1 6DP
Accountants
Sleek Accounting Ltd 107 Kirkgate Leeds West Yorkshire LS1 6DP
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Rawdonprop Ltd Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
340 
710 
Current assets
Debtors
10,668 
7,246 
Cash at bank and in hand
1,167 
13,323 
11,835 
20,569 
Creditors: amounts falling due within one year
(6,398)
(351)
Net current assets
5,437 
20,218 
Total assets less current liabilities
5,777 
20,928 
Creditors: amounts falling due after more than one year
(43,203)
(46,195)
Net liabilities
(37,426)
(25,267)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(37,526)
(25,367)
Shareholders' funds
(37,426)
(25,267)
For the year ending 31 January 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 March 2024 and were signed on its behalf by
Phillip Hopson Director Company Registration No. 12436505
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Rawdonprop Ltd Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
Rawdonprop Ltd is a private company, limited by shares, registered in England and Wales, registration number 12436505. The registered office is 107 Kirkgate, Leeds, England, LS1 6DP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Rawdonprop Ltd Notes to the Accounts for the year ended 31 January 2023
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 February 2022
1,122 
At 31 January 2023
1,122 
Depreciation
At 1 February 2022
412 
Charge for the year
370 
At 31 January 2023
782 
Net book value
At 31 January 2023
340 
At 31 January 2022
710 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
1,935 
4,232 
Deferred tax asset
8,733 
2,964 
Other debtors
- 
50 
10,668 
7,246 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
1,406 
- 
Amounts owed to group undertakings and other participating interests
4,461 
- 
Loans from directors
531 
351 
6,398 
351 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
43,203 
46,195 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Transactions with related parties
Silverspring Lettings Ltd : The company is related to Silverspring Lettings Ltd by virtue of common shareholders and directors. The amount owed to Silverspring Lettings Ltd at the balance sheet date was £4,461(2022: Nil).
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Rawdonprop Ltd Notes to the Accounts for the year ended 31 January 2023
10
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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