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REGISTERED NUMBER: 09958028 (England and Wales)



















Financial Statements

for the Year Ended 31 March 2024

for

RDW Property Management Limited

RDW Property Management Limited (Registered number: 09958028)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


RDW Property Management Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: A Rawson





REGISTERED OFFICE: Pingle Cottage
Brickyard Lane
Kilburn
Derbyshire
DE56 0LL





REGISTERED NUMBER: 09958028 (England and Wales)





ACCOUNTANTS: Bates Weston LLP
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ

RDW Property Management Limited (Registered number: 09958028)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 256,667 256,667

CURRENT ASSETS
Cash at bank 7,929 12,721

CREDITORS
Amounts falling due within one year 5 238,343 243,163
NET CURRENT LIABILITIES (230,414 ) (230,442 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,253

26,225

CAPITAL AND RESERVES
Called up share capital 500 500
Retained earnings 25,753 25,725
SHAREHOLDERS' FUNDS 26,253 26,225

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 August 2024 and were signed by:





A Rawson - Director


RDW Property Management Limited (Registered number: 09958028)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

RDW 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents rent receivable from properties. Turnover is recognised in the period to which the rents relate.

Investment property
Investment property is not depreciated but is revalued annually at its fair value, in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss and transferred to a fair value reserve.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 256,667
NET BOOK VALUE
At 31 March 2024 256,667
At 31 March 2023 256,667

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2024 256,667

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 256,667 256,667
Aggregate depreciation (39,972 ) (34,839 )

Investment property was valued on a fair value basis on 31 March 2024 by the director .

RDW Property Management Limited (Registered number: 09958028)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to related parties 418 758
Tax 671 1,584
Other creditors 14,000 12,000
Director's current account 222,444 228,047
Accrued expenses 810 774
238,343 243,163