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REGISTERED NUMBER: 11666422 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

RGH LIMITED

RGH LIMITED (REGISTERED NUMBER: 11666422)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RGH LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTOR: S W Brummitt





SECRETARY: Mrs S C Brummitt





REGISTERED OFFICE: Gwynfa House
677 Princes Road
Dartford
United Kingdom
DA2 6EF





REGISTERED NUMBER: 11666422 (England and Wales)





ACCOUNTANTS: Kelley & Lowe Limited
Gwynfa House
677 Princes Road
Dartford
Kent
DA2 6EF

RGH LIMITED (REGISTERED NUMBER: 11666422)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 268 710
Investment property 5 780,000 1,170,000
780,268 1,170,710

CURRENT ASSETS
Cash at bank 5,418 -

CREDITORS
Amounts falling due within one year 6 366,727 452,138
NET CURRENT LIABILITIES (361,309 ) (452,138 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

418,959

718,572

CREDITORS
Amounts falling due after more than one
year

7

(463,995

)

(695,992

)

PROVISIONS FOR LIABILITIES - (4,680 )
NET (LIABILITIES)/ASSETS (45,036 ) 17,900

CAPITAL AND RESERVES
Called up share capital 1 1
Revaluation reserve 9 27,551 44,577
Retained earnings (72,588 ) (26,678 )
(45,036 ) 17,900

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

RGH LIMITED (REGISTERED NUMBER: 11666422)

BALANCE SHEET - continued
30 NOVEMBER 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 August 2024 and were signed by:





S W Brummitt - Director


RGH LIMITED (REGISTERED NUMBER: 11666422)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023


1. STATUTORY INFORMATION

RGH 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.

The financial statements have been prepared on a going concern basis, not withstanding the deficiency of net assets, on the grounds that the director has confirmed the necessary funds will be made available to enable the company to meet its obligations as they fall due.

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

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 - 25% on 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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

RGH LIMITED (REGISTERED NUMBER: 11666422)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 December 2022 2,041
Disposals (981 )
At 30 November 2023 1,060
DEPRECIATION
At 1 December 2022 1,331
Charge for year 97
Eliminated on disposal (636 )
At 30 November 2023 792
NET BOOK VALUE
At 30 November 2023 268
At 30 November 2022 710

5. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1 December 2022 1,170,000
Disposals (390,000 )
At 30 November 2023 780,000
NET BOOK VALUE
At 30 November 2023 780,000
At 30 November 2022 1,170,000

Fair value at 30 November 2023 is represented by:
£
Valuation in 2021 9,257
Valuation in 2022 40,000
Valuation in 2023 (21,706 )
Cost 752,449
780,000

RGH LIMITED (REGISTERED NUMBER: 11666422)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Bank loans and overdrafts - 8,955
Taxation and social security (220 ) (670 )
Other creditors 366,947 443,853
366,727 452,138

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£ £
Other creditors 463,995 695,992

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Mortgage accounts 463,995 695,992

8. SECURED DEBTS

Mortgages are secured on the properties to which they relate.

9. RESERVES
Revaluation
reserve
£
At 1 December 2022 44,577
Transfer from non-dist reserve (17,026 )

At 30 November 2023 27,551