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REGISTERED NUMBER: 06615673 (England and Wales)















RURAL PROPERTY PROFESSIONALS LIMITED
TRADING AS
WILLIAMS ASSOCIATES

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2024






RURAL PROPERTY PROFESSIONALS LIMITED (REGISTERED NUMBER: 06615673)
TRADING AS WILLIAMS ASSOCIATES






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RURAL PROPERTY PROFESSIONALS LIMITED
TRADING AS WILLIAMS ASSOCIATES

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH JUNE 2024







DIRECTOR: S G Williams





SECRETARY: G P Williams





REGISTERED OFFICE: Pembroke House
Llantarnam Park Way
Cwmbran
Torfaen
NP44 3AU





REGISTERED NUMBER: 06615673 (England and Wales)





ACCOUNTANTS: Green & Co
Chartered Certified Accountants
Pembroke House
Llantarnam Park Way
Cwmbran
Torfaen
NP44 3AU

RURAL PROPERTY PROFESSIONALS LIMITED (REGISTERED NUMBER: 06615673)
TRADING AS WILLIAMS ASSOCIATES

BALANCE SHEET
30TH JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 117,196 26,383

CURRENT ASSETS
Debtors 5 78,931 111,009
Cash at bank and in hand 58,507 97,161
137,438 208,170
CREDITORS
Amounts falling due within one year 6 124,644 130,935
NET CURRENT ASSETS 12,794 77,235
TOTAL ASSETS LESS CURRENT
LIABILITIES

129,990

103,618

CREDITORS
Amounts falling due after more than one
year

7

10,697

20,598
NET ASSETS 119,293 83,020

CAPITAL AND RESERVES
Called up share capital 8 10 10
Retained earnings 119,283 83,010
SHAREHOLDERS' FUNDS 119,293 83,020

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2024.

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

RURAL PROPERTY PROFESSIONALS LIMITED (REGISTERED NUMBER: 06615673)
TRADING AS WILLIAMS ASSOCIATES

BALANCE SHEET - continued
30TH JUNE 2024


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 9th September 2024 and were signed by:





S G Williams - Director


RURAL PROPERTY PROFESSIONALS LIMITED (REGISTERED NUMBER: 06615673)
TRADING AS WILLIAMS ASSOCIATES

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2024

1. STATUTORY INFORMATION

Rural Property Professionals 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.

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
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

RURAL PROPERTY PROFESSIONALS LIMITED (REGISTERED NUMBER: 06615673)
TRADING AS WILLIAMS ASSOCIATES

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1st July 2023 - 47,508 66,250 10,593 124,351
Additions 66,935 6,886 44,500 1,602 119,923
Disposals - - (45,724 ) - (45,724 )
At 30th June 2024 66,935 54,394 65,026 12,195 198,550
DEPRECIATION
At 1st July 2023 - 39,841 47,534 10,593 97,968
Charge for year - 3,638 12,714 400 16,752
Eliminated on disposal - - (33,366 ) - (33,366 )
At 30th June 2024 - 43,479 26,882 10,993 81,354
NET BOOK VALUE
At 30th June 2024 66,935 10,915 38,144 1,202 117,196
At 30th June 2023 - 7,667 18,716 - 26,383

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 73,947 106,025
Prepayments 4,984 4,984
78,931 111,009

RURAL PROPERTY PROFESSIONALS LIMITED (REGISTERED NUMBER: 06615673)
TRADING AS WILLIAMS ASSOCIATES

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,137 10,138
Trade creditors 4,722 8,663
Credit card 3,589 2,244
Client account 40,172 54,503
Corporation Tax 8,877 17,485
Social security and other taxes 815 -
VAT 22,265 23,203
Other creditors 6,854 -
Directors' current accounts 23,594 12,650
Accrued expenses 3,619 2,049
124,644 130,935

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bounce back loan 10,697 20,598

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
10 Ordinary £1 10 10

9. RELATED PARTY DISCLOSURES

At the year end, the company owed S G Williams £23,594 (2023: £12,650).