Company Registration No. 13966006 (England and Wales)
RP UK HOLDINGS LIMITED
Unaudited accounts
for the period from 9 March 2022 to 31 March 2023
RP UK HOLDINGS LIMITED
Unaudited accounts
Contents
RP UK HOLDINGS LIMITED
Company Information
for the period from 9 March 2022 to 31 March 2023
Company Number
13966006 (England and Wales)
Registered Office
COPPERSUN SUITE
BUILDING 2, FLOOR. 1
CROXLEY PARK
HERTFORDSHIRE
WD18 8YA
ENGLAND
Accountants
Coppersun Accountants
Coppersun Suite
1st Floor, Building 2
Croxley Park
Hertfordshire
WD18 8YA
RP UK HOLDINGS LIMITED
Statement of financial position
as at 31 March 2023
Investment property
11,132,938
Cash at bank and in hand
505,094
Creditors: amounts falling due within one year
(322,163)
Net current assets
182,931
Total assets less current liabilities
11,315,869
Creditors: amounts falling due after more than one year
(11,257,900)
Called up share capital
100
Profit and loss account
57,869
Shareholders' funds
57,969
For the period ending 31 March 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 24 November 2023 and were signed on its behalf by
Ravi Puravankara
Director
Company Registration No. 13966006
RP UK HOLDINGS LIMITED
Notes to the Accounts
for the period from 9 March 2022 to 31 March 2023
RP UK HOLDINGS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13966006. The registered office is COPPERSUN SUITE, BUILDING 2, FLOOR. 1, CROXLEY PARK, HERTFORDSHIRE, WD18 8YA, ENGLAND.
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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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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.
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.
At 31 March 2023
11,132,938
The market value of the Investment property has not materially changed from its cost, as the Investment property was purchased in the middle of the financial year.
RP UK HOLDINGS LIMITED
Notes to the Accounts
for the period from 9 March 2022 to 31 March 2023
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Creditors: amounts falling due within one year
2023
Taxes and social security
13,574
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Creditors: amounts falling due after more than one year
2023
Aggregate of amounts that fall due for payment after five years
4,300,000
The creditors: amounts due after one year includes a loan payable of £4,399,900 to the parent company, Silver Leaf Holdings Limited at 0% interest.
Creditors: amount falling due after one year includes a bank loan of £6,858,000, which has a Fixed charge against the Investment Property and a floating charge.
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Transactions with related parties
During the year the company received £4,399,900 as an interest free loan from its parent company. There were no repayments made during the year.
During the year the company paid consultancy fees of £50,000 to the parent company.
The Ultimate parent company is Silver Leaf Holdings Limited, a company registered in the British Virgin Islands.
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Average number of employees
During the period the average number of employees was 0.