Company Registration No. 11048810 (England and Wales)
REPTON MANOR DEVELOPMENT LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
REPTON MANOR DEVELOPMENT LIMITED
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 3
REPTON MANOR DEVELOPMENT LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
31 MARCH 2024
31 March 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Investment property
4
683,416
683,416
Current assets
Debtors
3,942
3,375
Cash at bank and in hand
705
123
4,647
3,498
Creditors: amounts falling due within one year
(696,650)
(694,681)
Net current liabilities
(692,003)
(691,183)
Net liabilities
(8,587)
(7,767)
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
(8,687)
(7,867)
Total equity
(8,587)
(7,767)

In accordance with section 444 of the Companies Act 2006, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).

The director of the company has elected not to include a copy of the income statement within the financial statements.true

For the financial year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 10 July 2024
Mr D Russell
Director
Company registration number 11048810 (England and Wales)
REPTON MANOR DEVELOPMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
- 2 -
1
Accounting policies
Company information

Repton Manor Development Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit 4, St Michaels Close, Aylesford, Kent, ME20 7XE.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

1.2
Investment properties

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
1
1
4
Investment property
2024
£
Fair value
At 1 April 2023 and 31 March 2024
683,416

The fair value of the investment property has been arrived at on the basis of a valuation carried out at 31 March 2024 by Mr D Russell, director. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

REPTON MANOR DEVELOPMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 3 -
5
Related party transactions

As at the year end, Repton Manor Development Limited owed £694,000 (2023 - £692,000) to RR Group Holdings Ltd.

Mr D Russell is a director of both companies.

2024-03-312023-04-01falseCCH SoftwareCCH Accounts Production 2024.100No description of principal activityMr D Russellfalsefalse110488102023-04-012024-03-31110488102024-03-31110488102023-03-3111048810core:CurrentFinancialInstrumentscore:WithinOneYear2024-03-3111048810core:CurrentFinancialInstrumentscore:WithinOneYear2023-03-3111048810core:ShareCapital2024-03-3111048810core:ShareCapital2023-03-3111048810core:RetainedEarningsAccumulatedLosses2024-03-3111048810core:RetainedEarningsAccumulatedLosses2023-03-3111048810bus:Director12023-04-012024-03-31110488102022-04-012023-03-31110488102023-03-3111048810bus:PrivateLimitedCompanyLtd2023-04-012024-03-3111048810bus:SmallCompaniesRegimeForAccounts2023-04-012024-03-3111048810bus:FRS1022023-04-012024-03-3111048810bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3111048810bus:FullAccounts2023-04-012024-03-31xbrli:purexbrli:sharesiso4217:GBP