1 August 2022 false No description of principal activity Taxfiler 2024.1 SC637579business:PrivateLimitedCompanyLtd2022-08-012023-07-31 SC6375792022-07-31 SC6375792022-08-012023-07-31 SC637579business:AuditExemptWithAccountantsReport2022-08-012023-07-31 SC637579business:FilletedAccounts2022-08-012023-07-31 SC6375792023-07-31 SC637579business:Director12022-08-012023-07-31 SC637579business:Director22022-08-012023-07-31 SC637579business:RegisteredOffice2022-08-012023-07-31 SC6375792022-07-31 SC637579core:WithinOneYear2023-07-31 SC637579core:WithinOneYear2022-07-31 SC637579core:AfterOneYear2023-07-31 SC637579core:AfterOneYear2022-07-31 SC637579core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 SC637579core:ShareCapitalcore:PreviouslyStatedAmount2022-07-31 SC637579core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 SC637579core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-07-31 SC637579core:PreviouslyStatedAmount2023-07-31 SC637579core:PreviouslyStatedAmount2022-07-31 SC637579business:SmallEntities2022-08-012023-07-31 SC637579countries:Scotland2022-08-012023-07-31 SC6375792021-08-012022-07-31 iso4217:GBP xbrli:pure
Company Registration No. SC637579 (Scotland)
RLG Properties Ltd Unaudited accounts for the year ended 31 July 2023
RLG Properties Ltd Unaudited accounts Contents
Page
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RLG Properties Ltd Company Information for the year ended 31 July 2023
Directors
SHAUN KERR NIKKI KERR
Company Number
SC637579 (Scotland)
Registered Office
94 Mclagan Drive Hawick TD9 8BT Scotland
Accountants
CST ACCOUNTANCY SERVICES LTD 23 CLIFF AVENUE NETTLEHAM LINCOLN LN2 2PU
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RLG Properties Ltd Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
139,500 
139,500 
Current assets
Debtors
150 
300 
Cash at bank and in hand
10,799 
1,346 
10,949 
1,646 
Creditors: amounts falling due within one year
(626)
(1,015)
Net current assets
10,323 
631 
Total assets less current liabilities
149,823 
140,131 
Creditors: amounts falling due after more than one year
(149,874)
(142,149)
Net liabilities
(51)
(2,018)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(53)
(2,020)
Shareholders' funds
(51)
(2,018)
For the year ending 31 July 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 31 March 2024 and were signed on its behalf by
SHAUN KERR Director Company Registration No. SC637579
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RLG Properties Ltd Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
RLG Properties Ltd is a private company, limited by shares, registered in Scotland, registration number SC637579. The registered office is 94 Mclagan Drive, Hawick, TD9 8BT, Scotland.
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.
4
Investment property
2023 
£ 
Fair value at 1 August 2022
139,500 
At 31 July 2023
139,500 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
150 
300 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
165 
173 
Taxes and social security
461 
842 
626 
1,015 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
121,172 
104,675 
Other creditors
28,702 
37,474 
149,874 
142,149 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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