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REGISTERED NUMBER: 11649835 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

RALPH ESTATES LTD

RALPH ESTATES LTD (REGISTERED NUMBER: 11649835)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RALPH ESTATES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTOR: P Woolley





SECRETARY: L Woolley





REGISTERED OFFICE: First Floor
Black Country House
Rounds Green Road
Oldbury
West Midlands
B69 2DG





REGISTERED NUMBER: 11649835 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
Black Country House
Rounds Green Road
Oldbury
West Midlands
B69 2DG

RALPH ESTATES LTD (REGISTERED NUMBER: 11649835)

BALANCE SHEET
31 OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,415 -
Investment property 5 2,610,000 2,610,000
2,613,415 2,610,000

CURRENT ASSETS
Debtors 6 39,835 23,053
Cash at bank 119,097 579,756
158,932 602,809
CREDITORS
Amounts falling due within one year 7 125,145 70,881
NET CURRENT ASSETS 33,787 531,928
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,647,202

3,141,928

CREDITORS
Amounts falling due after more than
one year

8

2,399,705

3,024,705
NET ASSETS 247,497 117,223

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 247,397 117,123
SHAREHOLDERS' FUNDS 247,497 117,223

RALPH ESTATES LTD (REGISTERED NUMBER: 11649835)

BALANCE SHEET - continued
31 OCTOBER 2023


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

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 30 July 2024 and were signed by:





P Woolley - Director


RALPH ESTATES LTD (REGISTERED NUMBER: 11649835)

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


1. STATUTORY INFORMATION

Ralph Estates Ltd 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.

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
Revenue receivable from the rental of investment properties is recognised in the period to which the rental relates.

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 - 20% on cost

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.

Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties.

Short term debtors are measured at the transaction price, less any impairment.

Short term creditors are measured at the transaction price.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 2 ) .

RALPH ESTATES LTD (REGISTERED NUMBER: 11649835)

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


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 3,969
At 31 October 2023 3,969
DEPRECIATION
Charge for year 554
At 31 October 2023 554
NET BOOK VALUE
At 31 October 2023 3,415

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2022
and 31 October 2023 2,610,000
NET BOOK VALUE
At 31 October 2023 2,610,000
At 31 October 2022 2,610,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 19,500 -
Other debtors 20,335 23,053
39,835 23,053

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 858 510
Taxation and social security 55,522 46,407
Other creditors 68,765 23,964
125,145 70,881

RALPH ESTATES LTD (REGISTERED NUMBER: 11649835)

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


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Other creditors 2,399,705 3,024,705