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REGISTERED NUMBER: 14695223 (England and Wales)









Unaudited Financial Statements

FOR THE PERIOD

28 February 2023 to 28 February 2024

for

RBS PROPERTY INVESTMENTS LIMITED

RBS PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 14695223)

Contents of the Financial Statements
FOR THE PERIOD 28 FEBRUARY 2023 TO 28 FEBRUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RBS PROPERTY INVESTMENTS LIMITED

Company Information
FOR THE PERIOD 28 FEBRUARY 2023 TO 28 FEBRUARY 2024







DIRECTOR: R B Spiller





REGISTERED OFFICE: 3 Southernhay West
Exeter
Devon
EX1 1JG





REGISTERED NUMBER: 14695223 (England and Wales)





ACCOUNTANTS: Haines Watts
3 Southernhay West
Exeter
Devon
EX1 1JG

RBS PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 14695223)

Balance Sheet
28 FEBRUARY 2024

Notes £   
FIXED ASSETS
Investment property 4 109,560

CURRENT ASSETS
Debtors 5 535
Cash at bank 3,993
4,528
CREDITORS
Amounts falling due within one year 6 (111,467 )
NET CURRENT LIABILITIES (106,939 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,621

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 2,521
SHAREHOLDERS' FUNDS 2,621

RBS PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 14695223)

Balance Sheet - continued
28 FEBRUARY 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2024 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.

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 Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 April 2024 and were signed by:





R B Spiller - Director


RBS PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 14695223)

Notes to the Financial Statements
FOR THE PERIOD 28 FEBRUARY 2023 TO 28 FEBRUARY 2024


1. STATUTORY INFORMATION

RBS Property Investments 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.

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 period 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.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 109,560
At 28 February 2024 109,560
NET BOOK VALUE
At 28 February 2024 109,560

The director assessed the valuation of the property and considers that the market value of the property as at 28 February 2024 is £110,000.

RBS PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 14695223)

Notes to the Financial Statements - continued
FOR THE PERIOD 28 FEBRUARY 2023 TO 28 FEBRUARY 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 400
Called up share capital not paid 100
Prepayments and accrued income 35
535

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Tax 704
Other creditors 109,075
Directors' loan accounts 187
Accruals and deferred income 1,501
111,467

7. RELATED PARTY DISCLOSURES

Related company (under common ownership)

Included in other creditors within one year is a loan due to a related company of £108,675. The loan is interest free and repayable on demand.