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REGISTERED NUMBER: 03449760















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

REEDHOLM PROPERTIES LIMITED

REEDHOLM PROPERTIES LIMITED (REGISTERED NUMBER: 03449760)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


REEDHOLM PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: G Toman
J Lida





SECRETARY: J Lida





REGISTERED OFFICE: 72 Kingsgate Rd
London
NW6 4TE





REGISTERED NUMBER: 03449760





ACCOUNTANTS: Janine Davies
Pendenra
High Street
Brinkley
Newmarket
Suffolk
CB8 0SF

REEDHOLM PROPERTIES LIMITED (REGISTERED NUMBER: 03449760)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investment property 5 597,391 673,750
597,391 673,750

CURRENT ASSETS
Cash at bank 69,047 70,656

CREDITORS
Amounts falling due within one year 6 (45,429 ) 38,546
NET CURRENT ASSETS 114,476 32,110
TOTAL ASSETS LESS CURRENT
LIABILITIES

711,867

705,860

CREDITORS
Amounts falling due after more than one year 7 (33,132 ) (133,375 )

PROVISIONS FOR LIABILITIES (72,343 ) (83,882 )
NET ASSETS 606,392 488,603

CAPITAL AND RESERVES
Called up share capital 300 300
Non distributable reserve 8 380,555 333,883
Retained earnings 225,537 154,420
SHAREHOLDERS' FUNDS 606,392 488,603

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

REEDHOLM PROPERTIES LIMITED (REGISTERED NUMBER: 03449760)

BALANCE SHEET - continued
31 DECEMBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 February 2024 and were signed on its behalf by:





G Toman - Director


REEDHOLM PROPERTIES LIMITED (REGISTERED NUMBER: 03449760)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Reedholm Properties Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - Straight line over 4 years

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

3. EMPLOYEES AND DIRECTORS

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

REEDHOLM PROPERTIES LIMITED (REGISTERED NUMBER: 03449760)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023
and 31 December 2023 22,714
DEPRECIATION
At 1 January 2023
and 31 December 2023 22,714
NET BOOK VALUE
At 31 December 2023 -

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023 673,750
Disposals (76,359 )
At 31 December 2023 597,391
NET BOOK VALUE
At 31 December 2023 597,391
At 31 December 2022 673,750

Fair value at 31 December 2023 is represented by:
£   
Valuation in 2020 173,168
Valuation in 2019 596,832
Valuation in 2021 (96,250 )
Valuation in 2023 (76,359 )
597,391

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,495 1,294
Taxation and social security (52,816 ) 31,360
Other creditors 5,892 5,892
(45,429 ) 38,546

REEDHOLM PROPERTIES LIMITED (REGISTERED NUMBER: 03449760)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 146,372 246,615
Other creditors (113,240 ) (113,240 )
33,132 133,375

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Mark James loan account (73,250 ) (73,250 )
Amherst loan account (39,990 ) (39,990 )
(113,240 ) (113,240 )

Repayable by instalments
Bank loans more 5 yr by instal 146,372 246,615

8. RESERVES
Non
distributable
reserve
£   
At 1 January 2023 333,883
Non distributable reserve (47,698 )
No description 94,370

At 31 December 2023 380,555