Acorah Software Products - Accounts Production 15.0.500 false true false 6 July 2023 31 March 2024 31 March 2024 14984917 Mrs Carole Bartley Dr Paul Bartley Dr Andrew Bartley Mr Anthony Bartley Mrs Carole Bartley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14984917 2023-07-05 14984917 2024-03-31 14984917 2023-07-06 2024-03-31 14984917 frs-core:CurrentFinancialInstruments 2024-03-31 14984917 frs-core:Non-currentFinancialInstruments 2024-03-31 14984917 frs-core:BetweenOneFiveYears 2024-03-31 14984917 frs-core:ComputerEquipment 2024-03-31 14984917 frs-core:ComputerEquipment 2023-07-06 2024-03-31 14984917 frs-core:ComputerEquipment 2023-07-05 14984917 frs-core:FurnitureFittings 2023-07-06 2024-03-31 14984917 frs-core:MotorVehicles 2024-03-31 14984917 frs-core:MotorVehicles 2023-07-06 2024-03-31 14984917 frs-core:MotorVehicles 2023-07-05 14984917 frs-core:PlantMachinery 2024-03-31 14984917 frs-core:PlantMachinery 2023-07-06 2024-03-31 14984917 frs-core:PlantMachinery 2023-07-05 14984917 frs-core:WithinOneYear 2024-03-31 14984917 frs-core:ShareCapital 2024-03-31 14984917 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 14984917 frs-bus:PrivateLimitedCompanyLtd 2023-07-06 2024-03-31 14984917 frs-bus:FilletedAccounts 2023-07-06 2024-03-31 14984917 frs-bus:SmallEntities 2023-07-06 2024-03-31 14984917 frs-bus:AuditExempt-NoAccountantsReport 2023-07-06 2024-03-31 14984917 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-06 2024-03-31 14984917 frs-bus:Director1 2023-07-06 2024-03-31 14984917 frs-bus:Director2 2023-07-06 2024-03-31 14984917 frs-bus:Director3 2023-07-06 2024-03-31 14984917 frs-bus:Director4 2023-07-06 2024-03-31 14984917 frs-bus:CompanySecretary1 2023-07-06 2024-03-31 14984917 frs-countries:EnglandWales 2023-07-06 2024-03-31
Registered number: 14984917
Rumney Endodontics Property Ltd
Unaudited Financial Statements
For the Period 6 July 2023 to 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14984917
31 March 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 80,804
Investment Properties 5 348,950
429,754
CURRENT ASSETS
Cash at bank and in hand 5,389
5,389
Creditors: Amounts Falling Due Within One Year 6 (174,696 )
NET CURRENT ASSETS (LIABILITIES) (169,307 )
TOTAL ASSETS LESS CURRENT LIABILITIES 260,447
Creditors: Amounts Falling Due After More Than One Year 7 (303,669 )
NET LIABILITIES (43,222 )
CAPITAL AND RESERVES
Called up share capital 9 100
Profit and Loss Account (43,322 )
SHAREHOLDERS' FUNDS (43,222)
Page 1
Page 2
For the period ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Dr Paul Bartley
Director
12/06/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Rumney Endodontics Property Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14984917 . The registered office is 8 Mountford Close, Newport, NP10 0BL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% straight line basis
Motor Vehicles 25% reducing balance basis
Fixtures & Fittings 25% straight line basis
Computer Equipment 33% straight line basis
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 4
4
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 6 July 2023 - - - -
Additions 41,187 34,716 4,901 80,804
As at 31 March 2024 41,187 34,716 4,901 80,804
Net Book Value
As at 31 March 2024 41,187 34,716 4,901 80,804
As at 6 July 2023 - - - -
Page 3
Page 4
5. Investment Property
31 March 2024
£
Fair Value
As at 6 July 2023 -
Additions 348,950
As at 31 March 2024 348,950
6. Creditors: Amounts Falling Due Within One Year
31 March 2024
£
Net obligations under finance lease and hire purchase contracts 36,687
Bank loans and overdrafts 33,639
Other creditors 104,370
174,696
7. Creditors: Amounts Falling Due After More Than One Year
31 March 2024
£
Net obligations under finance lease and hire purchase contracts 19,155
Bank loans 284,514
303,669
8. Obligations Under Finance Leases and Hire Purchase
31 March 2024
£
The future minimum finance lease payments are as follows:
Not later than one year 36,687
Later than one year and not later than five years 19,155
55,842
55,842
9. Share Capital
31 March 2024
£
Allotted, Called up and fully paid 100
Page 4