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REGISTERED NUMBER: 13299235 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

RMP Property Holdings Limited

RMP Property Holdings Limited (Registered number: 13299235)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RMP Property Holdings Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mr R Patel
Mr M Patel





REGISTERED OFFICE: 21 George House Albert Road
London
United Kingdom
NW6 5BR





REGISTERED NUMBER: 13299235 (England and Wales)





ACCOUNTANTS: Elliot, Woolfe & Rose Ltd
Devonshire House
582 Honeypot Lane
Stanmore
Middlesex
London
HA7 1JS

RMP Property Holdings Limited (Registered number: 13299235)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £ £
FIXED ASSETS
Tangible assets 4 937 -
Investment property 5 278,100 278,100
279,037 278,100

CURRENT ASSETS
Cash at bank - 1,814

CREDITORS
Amounts falling due within one year 6 (1,355 ) (1,656 )
NET CURRENT (LIABILITIES)/ASSETS (1,355 ) 158
TOTAL ASSETS LESS CURRENT
LIABILITIES

277,682

278,258

CREDITORS
Amounts falling due after more than
one year

7

(272,888

)

(277,974

)
NET ASSETS 4,794 284

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 4,694 184
4,794 284

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 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.

RMP Property Holdings Limited (Registered number: 13299235)

Balance Sheet - continued
31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 August 2024 and were signed on its behalf by:





Mr M Patel - Director


RMP Property Holdings Limited (Registered number: 13299235)

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

1. STATUTORY INFORMATION

RMP Property Holdings 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 etc - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

RMP Property Holdings Limited (Registered number: 13299235)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
Additions 999
At 31 March 2024 999
DEPRECIATION
Charge for year 62
At 31 March 2024 62
NET BOOK VALUE
At 31 March 2024 937

5. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1 April 2023
and 31 March 2024 278,100
NET BOOK VALUE
At 31 March 2024 278,100
At 31 March 2023 278,100

In the opinion of the director's the fair value of the investment properties as at 31 March 2024 is not significantly different to that stated above.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£ £
Taxation and social security 274 732
Other creditors 1,081 924
1,355 1,656

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£ £
Bank loans 214,237 214,264
Other creditors 58,651 63,710
272,888 277,974

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 214,237 214,264

RMP Property Holdings Limited (Registered number: 13299235)

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

8. RELATED PARTY DISCLOSURES

As as 31 March 2024, the company owed the director Mr R Patel £29,325 (2023: £31,855) in respect of his director's current account.

As as 31 March 2024, the company owed the director Mr M Patel £29,325 (2023: £31,855) in respect of his director's current account.

9. ULTIMATE CONTROLLING PARTY

The company is under the control of Mr R Patel and Mr M Patel.