REGISTERED NUMBER: |
RL(FRAFS)BLC Limited |
Financial Statements for the Year Ended 31 December 2023 |
REGISTERED NUMBER: |
RL(FRAFS)BLC Limited |
Financial Statements for the Year Ended 31 December 2023 |
RL(FRAFS)BLC Limited (Registered number: 05121025) |
Contents of the Financial Statements |
for the year ended 31 December 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
RL(FRAFS)BLC Limited |
Company Information |
for the year ended 31 December 2023 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
RL(FRAFS)BLC Limited (Registered number: 05121025) |
Balance Sheet |
31 December 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Cash in hand |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Revaluation reserve | 5 |
Retained earnings |
SHAREHOLDERS' FUNDS |
RL(FRAFS)BLC Limited (Registered number: 05121025) |
Balance Sheet - continued |
31 December 2023 |
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. |
The financial statements were approved by the director and authorised for issue on |
RL(FRAFS)BLC Limited (Registered number: 05121025) |
Notes to the Financial Statements |
for the year ended 31 December 2023 |
1. | STATUTORY INFORMATION |
RL(FRAFS)BLC Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Tangible fixed assets |
No depreciation is calculated on Freehold Land. Depreciation on Freehold Buildings is calculated so as to write off the cost less the residual value over the useful economic life of the building to the business. The company's policy on the maintenance of buildings is such that the directors expect the residual values of the buildings to be equal to or greater than the cost. |
Financial instruments |
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Freehold |
property |
£ |
COST OR VALUATION |
At 1 January 2023 |
and 31 December 2023 |
NET BOOK VALUE |
At 31 December 2023 |
At 31 December 2022 |
Between 10th February 2003 and 8th December 2014 the company only held the leasehold asset of the former RAF Holmpton. On 8th December 2014 the company acquired the freehold asset from the Ministry of Defence and the lease was determined. The company does not engage in any other business activity other than holding the freehold asset of the land and buildings together with the associated plant and machinery, fixtures and fittings. |
Cost or valuation at 31 December 2023 is represented by: |
Freehold |
property |
£ |
Valuation in 2015 | 899,002 |
Cost | 998 |
900,000 |
RL(FRAFS)BLC Limited (Registered number: 05121025) |
Notes to the Financial Statements - continued |
for the year ended 31 December 2023 |
4. | TANGIBLE FIXED ASSETS - continued |
If freehold land and buildings had not been revalued it would have been included at the following historical cost: |
2023 | 2022 |
£ | £ |
Cost | 998 | 998 |
Value of land in freehold land and buildings | 900,000 | 900,000 |
Freehold land and buildings was valued on and open market basis on 31 December 2020 by the directors . |
5. | RESERVES |
Revaluation |
reserve |
£ |
At 1 January 2023 |
and 31 December 2023 |