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Company Registration No. 9889382 (England and Wales)
REESE PROPERTIES LIMITED Unaudited accounts for the year ended 29 November 2023
REESE PROPERTIES LIMITED Unaudited accounts Contents
Page
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REESE PROPERTIES LIMITED Company Information for the year ended 29 November 2023
Director
Ryan Wells
Company Number
9889382 (England and Wales)
Registered Office
West Clayton Business Centre Berry Lane Chorleywood HERTFORDSHIRE WD3 5EX England
Accountants
GIA Foley & Co West Clayton Business Centre Berry Lane Chorleywood Hertfordshire WD3 5EX
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REESE PROPERTIES LIMITED Statement of financial position as at 29 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
510,078 
810,828 
Current assets
Debtors
27,447 
27,643 
Cash at bank and in hand
4,004 
1,201 
31,451 
28,844 
Creditors: amounts falling due within one year
(132,680)
(207,591)
Net current liabilities
(101,229)
(178,747)
Total assets less current liabilities
408,849 
632,081 
Creditors: amounts falling due after more than one year
(377,375)
(608,625)
Net assets
31,474 
23,456 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
31,464 
23,446 
Shareholders' funds
31,474 
23,456 
For the year ending 29 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 August 2024 and were signed on its behalf by
Ryan Wells Director Company Registration No. 9889382
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REESE PROPERTIES LIMITED Notes to the Accounts for the year ended 29 November 2023
1
Statutory information
REESE PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 9889382. The registered office is West Clayton Business Centre, Berry Lane, Chorleywood, HERTFORDSHIRE, WD3 5EX, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Not depreciated
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 30 November 2022
810,828 
Disposals
(300,750)
At 29 November 2023
510,078 
Depreciation
At 29 November 2023
- 
Net book value
At 29 November 2023
510,078 
At 29 November 2022
810,828 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
27,447 
27,643 
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REESE PROPERTIES LIMITED Notes to the Accounts for the year ended 29 November 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
- 
3,000 
Taxes and social security
3,800 
2,143 
Loans from directors
126,480 
201,248 
Accruals
2,400 
1,200 
132,680 
207,591 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
377,375 
608,625 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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