Acorah Software Products - Accounts Production 15.0.600 false true 30 November 2022 17 November 2021 false 1 December 2022 30 November 2023 30 November 2023 SC715254 Lamont Property Solutions Ltd Mr John Nicol Resolution Property Buyers Ltd Mr Thomas Lamont iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC715254 2022-11-30 SC715254 2023-11-30 SC715254 2022-12-01 2023-11-30 SC715254 frs-core:CurrentFinancialInstruments 2023-11-30 SC715254 frs-core:Non-currentFinancialInstruments 2023-11-30 SC715254 frs-core:ShareCapital 2023-11-30 SC715254 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 SC715254 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 SC715254 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 SC715254 frs-bus:SmallEntities 2022-12-01 2023-11-30 SC715254 frs-bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 SC715254 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 SC715254 frs-bus:Director1 2022-12-01 2023-11-30 SC715254 frs-bus:Director2 2022-12-01 2023-11-30 SC715254 frs-bus:Director3 2022-12-01 2023-11-30 SC715254 frs-bus:Director4 2022-12-01 2023-11-30 SC715254 frs-countries:Scotland 2022-12-01 2023-11-30 SC715254 2021-11-16 SC715254 2022-11-30 SC715254 2021-11-17 2022-11-30 SC715254 frs-core:CurrentFinancialInstruments 2022-11-30 SC715254 frs-core:Non-currentFinancialInstruments 2022-11-30 SC715254 frs-core:ShareCapital 2022-11-30 SC715254 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: SC715254
R & L Time For You Ltd
Financial Statements
For The Year Ended 30 November 2023
Gillespie's Fife
Contents
Page
Accountants' Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4
Page 1
Accountants' Report
Chartered Accountants' report to the directors on the preparation of the unaudited statutory accounts of R & L Time For You Ltd for the year ended 30 November 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of R & L Time For You Ltd for the year ended 30 November 2023 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the directors of R & L Time For You Ltd , as a body, in accordance with the terms of our engagement letter dated 16 October 2023. Our work has been undertaken solely to prepare for your approval the accounts of R & L Time For You Ltd and state those matters that we have agreed to state to the directors of R & L Time For You Ltd , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than R & L Time For You Ltd and its directors, as a body, for our work or for this report.
It is your duty to ensure that R & L Time For You Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of R & L Time For You Ltd . You consider that R & L Time For You Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of R & L Time For You Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
22nd August 2024
Gillespie's Fife
Accountants
Fric Ajax Way
Methil
Leven
KY8 3RS
Page 1
Page 2
Balance Sheet
Registered number: SC715254
30 November 2023 30 November 2022
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 83,776 83,776
83,776 83,776
CURRENT ASSETS
Cash at bank and in hand 100 100
100 100
Creditors: Amounts Falling Due Within One Year 5 (13,263 ) (12,759 )
NET CURRENT ASSETS (LIABILITIES) (13,163 ) (12,659 )
TOTAL ASSETS LESS CURRENT LIABILITIES 70,613 71,117
Creditors: Amounts Falling Due After More Than One Year 6 (86,250 ) (86,250 )
NET LIABILITIES (15,637 ) (15,133 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (15,737 ) (15,233 )
SHAREHOLDERS' FUNDS (15,637) (15,133)
Page 2
Page 3
For the year ending 30 November 2023 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
Mr Thomas Lamont
Director
22nd August 2024
The notes on page 4 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
R & L Time For You Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC715254 . The registered office is 57 Omar Crescent, Buckhaven, Fife, KY8 1DS.
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. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Investment Property
30 November 2023
£
Fair Value
As at 1 December 2022 and 30 November 2023 83,776
5. Creditors: Amounts Falling Due Within One Year
30 November 2023 30 November 2022
£ £
Trade creditors 240 -
Accruals and deferred income 264 -
Directors' loan accounts 12,759 12,759
13,263 12,759
6. Creditors: Amounts Falling Due After More Than One Year
30 November 2023 30 November 2022
£ £
Bank loans 86,250 86,250
7. Share Capital
30 November 2023 30 November 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4