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Company Registration No. 11930971 (England and Wales)
R.B. Properties Midlands Ltd Unaudited accounts for the period from 1 May 2022 to 30 June 2023
R.B. Properties Midlands Ltd Unaudited accounts Contents
Page
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R.B. Properties Midlands Ltd Company Information for the period from 1 May 2022 to 30 June 2023
Directors
R. Borg B. Borg
Company Number
11930971 (England and Wales)
Registered Office
ASCOT HOUSE 246 COURT OAK ROAD HARBORNE BIRMINGHAM B32 2EG UNITED KINGDOM
Accountants
Pendragon Business Consultants Llp 21 Millhouse Lane Winterton Scunthorpe North Lincolnshire DN15 9QP
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R.B. Properties Midlands Ltd Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
233,500 
233,500 
Current assets
Cash at bank and in hand
9,584 
38,559 
Creditors: amounts falling due within one year
(280)
(280)
Net current assets
9,304 
38,279 
Total assets less current liabilities
242,804 
271,779 
Creditors: amounts falling due after more than one year
(277,000)
(282,567)
Net liabilities
(34,196)
(10,788)
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
(35,196)
(11,788)
Shareholders' funds
(34,196)
(10,788)
For the period ending 30 June 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 directors acknowledge their 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 of Directors and authorised for issue on 27 March 2024 and were signed on its behalf by
R. Borg Director Company Registration No. 11930971
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R.B. Properties Midlands Ltd Notes to the Accounts for the period from 1 May 2022 to 30 June 2023
1
Statutory information
R.B. Properties Midlands Ltd is a private company, limited by shares, registered in England and Wales, registration number 11930971. The registered office is ASCOT HOUSE 246 COURT OAK ROAD, HARBORNE, BIRMINGHAM, B32 2EG, UNITED KINGDOM.
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 period, 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.
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:
Land & buildings
0%
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 May 2022
233,500 
At 30 June 2023
233,500 
Depreciation
At 30 June 2023
- 
Net book value
At 30 June 2023
233,500 
At 30 April 2022
233,500 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Accruals
280 
280 
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R.B. Properties Midlands Ltd Notes to the Accounts for the period from 1 May 2022 to 30 June 2023
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
25,000 
30,000 
Obligations under finance leases and hire purchase contracts
202,000 
202,567 
Loans from directors
50,000 
50,000 
277,000 
282,567 
7
Average number of employees
During the period the average number of employees was 0 (2022: 0).
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