Caseware UK (AP4) 2022.0.179 2022.0.179 trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-07-18falseNo description of principal activity2false 14239048 2022-07-17 14239048 2022-07-18 2023-12-31 14239048 2023-12-31 14239048 2022-01-01 2022-07-17 14239048 c:Director1 2022-07-18 2023-12-31 14239048 d:CurrentFinancialInstruments 2023-12-31 14239048 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 14239048 d:ShareCapital 2023-12-31 14239048 d:RetainedEarningsAccumulatedLosses 2023-12-31 14239048 c:FRS102 2022-07-18 2023-12-31 14239048 c:AuditExempt-NoAccountantsReport 2022-07-18 2023-12-31 14239048 c:FullAccounts 2022-07-18 2023-12-31 14239048 c:PrivateLimitedCompanyLtd 2022-07-18 2023-12-31 iso4217:GBP xbrli:pure
Registered number: 14239048













Reeves Independent Property Limited

Financial statements
Information for filing with the registrar

31 December 2023




 
Reeves Independent Property Limited


Balance sheet
At 31 December 2023

2023
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
100

Cash at bank and in hand
  
318

  
418

Creditors: amounts falling due within one year
 5 
(3,245)

Net current liabilities
  
 
 
(2,827)

Total assets less current liabilities
  
(2,827)

  

Net liabilities
  
(2,827)


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
(2,927)

Shareholders' deficit
  
(2,827)


1

 
Reeves Independent Property Limited

    
Balance sheet (continued)
At 31 December 2023

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 16 April 2024.




N Reeves
Director

Registered number: 14239048
The notes on pages 3 to 4 form part of these financial statements. 

2

 
Reeves Independent Property Limited
 
 

Notes to the financial statements
Period ended 31 December 2023

1.


General information

The company is a private company limited by shares, incorporated and domiciled in the United Kingdom. The registered office is 2nd Floor, Park View House, Front Street, Benton, Newcastle upon Tyne, NE7 7TZ.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

At the balance sheet date the company had excess liabilities over assets. Having made due and careful enquiry the directors are of the opinion that the company, with the support of its parent company, has adequate working capital to execute its operations over the next 12 months and continue in operational existence for the foreseeable future. As a result, the directors have continued to adopt the going concern basis of accounting in preparing the annual financial statements.

 
2.3

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the period was 2.


4.


Debtors

2023
£


Amounts owed by group undertakings
100

100


3

 
Reeves Independent Property Limited
 
 

Notes to the financial statements
Period ended 31 December 2023

5.


Creditors: amounts falling due within one year

2023
£

Amounts owed to group undertakings
995

Accruals and deferred income
2,250

3,245



6.


Related party transactions

Included within other debtors at 31 December 2023 is £100 owed to the company by Reeves Group Holdings Limited, the company's parent undertaking. This loan is interest free, unsecured and repayable upon demand.
Included within other credtors at 31 December 2023 is £995 owed by the company to Reeves Independent Property Limited. This loan is interest free, unsecured and repayable upon demand.

4