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REGISTERED NUMBER: 07819508 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2023

for

RA Real Estate Limited

RA Real Estate Limited (Registered number: 07819508)






Contents of the Financial Statements
for the Year Ended 30 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RA Real Estate Limited

Company Information
for the Year Ended 30 April 2023







DIRECTOR: A R Ashmore





REGISTERED OFFICE: 3 Park Square
Leeds
West Yorkshire
LS1 2NE





REGISTERED NUMBER: 07819508 (England and Wales)





ACCOUNTANTS: Charles Stewart & Co Limited
Chartered Accountants
3 Park Square
Leeds
LS1 2NE

RA Real Estate Limited (Registered number: 07819508)

Balance Sheet
30 April 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 51,696 60,594
51,696 60,594

CURRENT ASSETS
Debtors 6 28,432 106,932
Cash at bank 26,336 63,964
54,768 170,896
CREDITORS
Amounts falling due within one year 7 80,775 196,924
NET CURRENT LIABILITIES (26,007 ) (26,028 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,689

34,566

CREDITORS
Amounts falling due after more than one
year

8

(8,179

)

(23,585

)

PROVISIONS FOR LIABILITIES (1,405 ) (10,841 )
NET ASSETS 16,105 140

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 16,005 40
SHAREHOLDERS' FUNDS 16,105 140

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

RA Real Estate Limited (Registered number: 07819508)

Balance Sheet - continued
30 April 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 April 2024 and were signed by:





A R Ashmore - Director


RA Real Estate Limited (Registered number: 07819508)

Notes to the Financial Statements
for the Year Ended 30 April 2023

1. STATUTORY INFORMATION

RA Real Estate Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover represents amounts receivable on commissions and consultancy services net of value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of four years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on cost

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

RA Real Estate Limited (Registered number: 07819508)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2022
and 30 April 2023 10,000
AMORTISATION
At 1 May 2022
and 30 April 2023 10,000
NET BOOK VALUE
At 30 April 2023 -
At 30 April 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 May 2022
and 30 April 2023 16,283 60,000 10,995 87,278
DEPRECIATION
At 1 May 2022 3,624 12,383 10,677 26,684
Charge for year 3,164 5,654 80 8,898
At 30 April 2023 6,788 18,037 10,757 35,582
NET BOOK VALUE
At 30 April 2023 9,495 41,963 238 51,696
At 30 April 2022 12,659 47,617 318 60,594

RA Real Estate Limited (Registered number: 07819508)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 May 2022
and 30 April 2023 60,000
DEPRECIATION
At 1 May 2022 12,383
Charge for year 5,654
At 30 April 2023 18,037
NET BOOK VALUE
At 30 April 2023 41,963
At 30 April 2022 47,617

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Amounts owed by related undertaking 28,432 106,932

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Hire purchase contracts - 35,947
Tax 41,680 43,924
VAT 7,578 4,219
Loan creditor 13,946 11,290
Director's current account 9,215 93,188
Accrued expenses 8,356 8,356
80,775 196,924

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.23 30.4.22
£    £   
Loan creditor 8,179 23,585

The loan creditor represents a loan under HM Government Coronavirus Business Bounce Back Loan Scheme. The loan creditor carries an interest rate of 2.5% per annum and it is repayable in accordance with the rules of the scheme.

RA Real Estate Limited (Registered number: 07819508)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.23 30.4.22
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Retained
earnings
£   

At 1 May 2022 40
Profit for the year 15,965
At 30 April 2023 16,005

11. ULTIMATE CONTROLLING PARTY

The company is under the ultimate control of the director.