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REGISTERED NUMBER: 07409329 (England and Wales)













ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

R & W LETTINGS AND PROPERTY MANAGEMENT
LIMITED

R & W LETTINGS AND PROPERTY MANAGEMENT
LIMITED (REGISTERED NUMBER: 07409329)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


R & W LETTINGS AND PROPERTY MANAGEMENT
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: S Roberts
G Wigginton





REGISTERED OFFICE: 4 The Crescent
Adel
Leeds
LS16 6AA





REGISTERED NUMBER: 07409329 (England and Wales)





ACCOUNTANTS: D & J Randles
Chartered Accountants
4 The Crescent
Adel
Leeds
West Yorkshire
LS16 6AA

R & W LETTINGS AND PROPERTY MANAGEMENT
LIMITED (REGISTERED NUMBER: 07409329)

ABRIDGED BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 6,676 10,749
Tangible assets 5 8,903 11,873
15,579 22,622

CURRENT ASSETS
Debtors 12,772 12,451
Cash at bank 79,151 69,837
91,923 82,288
CREDITORS
Amounts falling due within one year 86,012 89,593
NET CURRENT ASSETS/(LIABILITIES) 5,911 (7,305 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,490

15,317

CREDITORS
Amounts falling due after more than one
year

10,764

14,931
NET ASSETS 10,726 386

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 10,626 286
SHAREHOLDERS' FUNDS 10,726 386

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

R & W LETTINGS AND PROPERTY MANAGEMENT
LIMITED (REGISTERED NUMBER: 07409329)

ABRIDGED BALANCE SHEET - continued
31 DECEMBER 2023


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2024 and were signed on its behalf by:





S Roberts - Director


R & W LETTINGS AND PROPERTY MANAGEMENT
LIMITED (REGISTERED NUMBER: 07409329)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

R & W Lettings and Property Management 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.

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

Goodwill
In accordance with FRS102, Goodwill is now being depreciated over a life of 10 years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website is being amortised evenly over its estimated useful life of five years.

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 - 25% on reducing balance
Computer equipment - 25% on reducing balance

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 (2022 - 2 ) .

R & W LETTINGS AND PROPERTY MANAGEMENT
LIMITED (REGISTERED NUMBER: 07409329)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023
and 31 December 2023 47,387
AMORTISATION
At 1 January 2023 36,638
Amortisation for year 4,073
At 31 December 2023 40,711
NET BOOK VALUE

At 31 December 2023 6,676
At 31 December 2022 10,749

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023
and 31 December 2023 35,533
DEPRECIATION
At 1 January 2023 23,660
Charge for year 2,970
At 31 December 2023 26,630
NET BOOK VALUE
At 31 December 2023 8,903
At 31 December 2022 11,873

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
100 Ordinary £1 100 100