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REGISTERED NUMBER: 04573091 (England and Wales)


















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

REBECCA HOMES LTD

REBECCA HOMES LTD (REGISTERED NUMBER: 04573091)

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


REBECCA HOMES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTOR: G Cork





REGISTERED OFFICE: The Mount, Wood Lane
Yoxall
Burton-On-Trent
Staffordshire
DE13 8PH





REGISTERED NUMBER: 04573091 (England and Wales)





ACCOUNTANTS: TGFP
Chartered Accountants
Fulford House
Newbold Terrace
Leamington Spa
Warwickshire
CV32 4EA

REBECCA HOMES LTD (REGISTERED NUMBER: 04573091)

BALANCE SHEET
31 OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 962 1,724
Tangible assets 5 258,811 258,036
Investment property 6 92,471 105,515
352,244 365,275

CURRENT ASSETS
Debtors 7 58,232 11,152
Cash at bank 211,615 256,873
269,847 268,025
CREDITORS
Amounts falling due within one year 8 104,796 55,533
NET CURRENT ASSETS 165,051 212,492
TOTAL ASSETS LESS CURRENT
LIABILITIES

517,295

577,767

CREDITORS
Amounts falling due after more than one
year

9

198,533

207,587
NET ASSETS 318,762 370,180

CAPITAL AND RESERVES
Called up and paid share capital 100 100
Retained earnings 318,662 370,080
318,762 370,180

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.

REBECCA HOMES LTD (REGISTERED NUMBER: 04573091)

BALANCE SHEET - continued
31 OCTOBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 March 2024 and were signed by:





G Cork - Director


REBECCA HOMES LTD (REGISTERED NUMBER: 04573091)

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


1. STATUTORY INFORMATION

Rebecca Homes 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Computer software is being amortised evenly over its estimated useful life of nil years.

Software 3 years straight line

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Isle of Wight property At Cost
Plant and machinery 15% reducing balance
Freehold premises 25 years straight line
Fixtures and fittings 15% reducing balance
Motor vehicles 25% reducing balance

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 year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


REBECCA HOMES LTD (REGISTERED NUMBER: 04573091)

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


2. ACCOUNTING POLICIES - continued
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.

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 34 (2022 - 32 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 November 2022
and 31 October 2023 2,285
AMORTISATION
At 1 November 2022 561
Charge for year 762
At 31 October 2023 1,323
NET BOOK VALUE
At 31 October 2023 962
At 31 October 2022 1,724

REBECCA HOMES LTD (REGISTERED NUMBER: 04573091)

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


5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 November 2022 195,000 95,810 290,810
Additions - 14,250 14,250
At 31 October 2023 195,000 110,060 305,060
DEPRECIATION
At 1 November 2022 - 32,774 32,774
Charge for year - 13,475 13,475
At 31 October 2023 - 46,249 46,249
NET BOOK VALUE
At 31 October 2023 195,000 63,811 258,811
At 31 October 2022 195,000 63,036 258,036

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2022
and 31 October 2023 351,607
DEPRECIATION
At 1 November 2022 246,092
Charge for year 13,044
At 31 October 2023 259,136
NET BOOK VALUE
At 31 October 2023 92,471
At 31 October 2022 105,515

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 7,793 11,152
Other debtors 50,439 -
58,232 11,152

REBECCA HOMES LTD (REGISTERED NUMBER: 04573091)

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


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 22,001 29,601
Trade creditors 18,083 24,465
Taxation and social security 43,381 1,467
Other creditors 21,331 -
104,796 55,533

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 198,533 207,587

10. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 220,534 224,387

The bank loans are secured by a fixed and floating charge over the properties.