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REGISTERED NUMBER: 01060808 (England and Wales)










FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

G. H.RATCLIFFE INVESTMENTS LIMITED

G. H.RATCLIFFE INVESTMENTS LIMITED (REGISTERED NUMBER: 01060808)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


G. H.RATCLIFFE INVESTMENTS LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2024







DIRECTOR: S F Ratcliffe





REGISTERED OFFICE: Bank Gallery
High Street
Kenilworth
Warwickshire
CV8 1LY





REGISTERED NUMBER: 01060808 (England and Wales)





ACCOUNTANTS: Bernard Rogers & Co
Bank Gallery
High Street
Kenilworth
Warwickshire
CV8 1LY

G. H.RATCLIFFE INVESTMENTS LIMITED (REGISTERED NUMBER: 01060808)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investment property 5 948,446 948,446
948,446 948,446

CURRENT ASSETS
Debtors 6 50,513 50,206
Investments 7 68,635 58,420
Cash at bank 28,642 35,074
147,790 143,700
CREDITORS
Amounts falling due within one year 8 505,838 462,646
NET CURRENT LIABILITIES (358,048 ) (318,946 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

590,398

629,500

PROVISIONS FOR LIABILITIES 66,166 66,166
NET ASSETS 524,232 563,334

CAPITAL AND RESERVES
Called up share capital 8,500 8,500
Share premium 189,000 189,000
Revaluation reserve 282,075 282,075
Retained earnings 44,657 83,759
SHAREHOLDERS' FUNDS 524,232 563,334

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

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

G. H.RATCLIFFE INVESTMENTS LIMITED (REGISTERED NUMBER: 01060808)

BALANCE SHEET - continued
31 March 2024


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 24 July 2024 and were signed by:





S F Ratcliffe - Director


G. H.RATCLIFFE INVESTMENTS LIMITED (REGISTERED NUMBER: 01060808)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024


1. STATUTORY INFORMATION

G. H.Ratcliffe 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.

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 as modified by the revaluation of certain assets.

Turnover
This comprises rents received from letting of freehold and leasehold properties excluding value added tax.

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 - 33% 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

G. H.RATCLIFFE INVESTMENTS LIMITED (REGISTERED NUMBER: 01060808)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 3,024
DEPRECIATION
At 1 April 2023
and 31 March 2024 3,024
NET BOOK VALUE
At 31 March 2024 -

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 948,446
NET BOOK VALUE
At 31 March 2024 948,446
At 31 March 2023 948,446

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2019 195,545
Valuation in 2021 152,696
Cost 600,205
948,446

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 50,513 50,206

7. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Listed investments 68,635 58,420

G. H.RATCLIFFE INVESTMENTS LIMITED (REGISTERED NUMBER: 01060808)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 470,880 430,319
Taxation and social security 17,191 15,459
Other creditors 17,767 16,868
505,838 462,646

9. RELATED PARTY DISCLOSURES

At 31 March 2024 other creditors included loans made to the company by the directors of £2,359 (2023: £1,638). The loans are interest free and have no fixed date for repayment.

During the year £40,678 (2023: £38,180) was paid to Vicarage Holdings Limited, a company controlled by Mr S F Ratcliffe.

At the Balance Sheet date, the company owed Vicarage Holdings Limited £470,880 (2023 : £430,319).

Also at the Balance Sheet date, Avonthorn Limited, a company controlled by Mr S F Ratcliffe, owed the company £50,101 (2023:: £50,101).

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S F Ratcliffe.