REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 24 June 2023 |
for |
Rushvale Properties Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 24 June 2023 |
for |
Rushvale Properties Limited |
Rushvale Properties Limited (Registered number: 01703127) |
Contents of the Financial Statements |
for the Year Ended 24 June 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Chartered Accountants' Report | 5 |
Rushvale Properties Limited |
Company Information |
for the Year Ended 24 June 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
16 Ingham Road |
West Hampstead |
London |
NW6 1DE |
Rushvale Properties Limited (Registered number: 01703127) |
Balance Sheet |
24 June 2023 |
24.6.23 | 24.6.22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 5 | 5 |
Cyclical maintenance reserve | 7 | 20,680 | 17,401 |
SHAREHOLDERS' FUNDS | 20,685 | 17,406 |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
Rushvale Properties Limited (Registered number: 01703127) |
Notes to the Financial Statements |
for the Year Ended 24 June 2023 |
1. | STATUTORY INFORMATION |
Rushvale Properties Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents service charges paid to the company by the shareholders. |
Tangible fixed assets |
No depreciation is provided in respect of land & buildings since, in the opinion of the directors, the net realisable value of the asset exceeds its cost. |
Taxation |
Analysis of the tax charge |
No liability to UK corporation tax arose on the ordinary activities for the current year nor for the preceding year. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - NIL). |
4. | TANGIBLE FIXED ASSETS |
Land and |
buildings |
£ |
COST |
At 25 June 2022 |
and 24 June 2023 |
NET BOOK VALUE |
At 24 June 2023 |
At 24 June 2022 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
24.6.23 | 24.6.22 |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
24.6.23 | 24.6.22 |
£ | £ |
Other creditors |
Rushvale Properties Limited (Registered number: 01703127) |
Notes to the Financial Statements - continued |
for the Year Ended 24 June 2023 |
7. | RESERVES |
Cyclical |
Retained | maintenance |
earnings | reserve | Totals |
£ | £ | £ |
At 25 June 2022 |
Profit for the year |
Transfer to/(from) |
profit & loss account | (3,279 | ) | 3,279 | - |
At 24 June 2023 | 20,680 |
8. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to a director subsisted during the years ended 24 June 2023 and 24 June 2022: |
24.6.23 | 24.6.22 |
£ | £ |
Balance outstanding at start of year |
Amounts advanced |
Amounts repaid |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
9. | RELATED PARTY DISCLOSURES |
J E Botros |
As a director and a shareholder of the company, service charge payable to the company during the year, amount due to related party at balance sheet date is £NIL (2022: £80). |
T Friese-Greene |
As a director and a shareholder of the company, service charge payable to the company during the year, amount due to related party at balance sheet date is £564 (2022: £251). |
R Demir |
As a shareholder of the company, service charge payable to the company during the year, amount due to the company at balance sheet date is £NIL (2022: £200). |
H Karimzadeh |
As a shareholder of the company, service charge payable to the company during the year, amount due to at the company at balance sheet date is £60 (2022: £NIL). |
L A Friese-Greene |
Secretary of the company and wife of a shareholder and director of the company. |
During the year service charges of £300 due from T Friese-Greene were waived in consideration for Ms L A Friese-Greene services as company secretary (2022: £300). |
Chartered Accountants' Report to the Board of Directors |
on the Unaudited Financial Statements of |
Rushvale Properties Limited |
The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Rushvale Properties Limited for the year ended 24 June 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
This report is made solely to the Board of Directors of Rushvale Properties Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Rushvale Properties Limited and state those matters that we have agreed to state to the Board of Directors of Rushvale Properties Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Rushvale Properties Limited and its Board of Directors, as a body, for our work or for this report. |
It is your duty to ensure that Rushvale Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Rushvale Properties Limited. You consider that Rushvale Properties Limited is exempt from the statutory audit requirement for the year. |
We have not been instructed to carry out an audit or a review of the financial statements of Rushvale Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
Chartered Accountants |
16 Ingham Road |
West Hampstead |
London |
NW6 1DE |
Date: ............................................. |