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REGISTERED NUMBER: 05032025 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

R & A Property Holdings Limited

R & A Property Holdings Limited (Registered number: 05032025)






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

Chartered Accountants' Report 6

R & A Property Holdings Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: A J Wilkinson
R I Wilkinson





SECRETARY: A J Wilkinson





REGISTERED OFFICE: C/O Jones & Wilkinson Limited
Ezekiel Lane
Short Heath
Willenhall
West Midlands
WV12 5QU





REGISTERED NUMBER: 05032025 (England and Wales)





ACCOUNTANTS: Tomkinson Teal (Lichfield) LLP
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD

R & A Property Holdings Limited (Registered number: 05032025)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 370,000 370,000
Investments 5 1,200 1,200
371,200 371,200

CREDITORS
Amounts falling due within one year 6 (234,231 ) (234,231 )
NET CURRENT LIABILITIES (234,231 ) (234,231 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

136,969

136,969

PROVISIONS FOR LIABILITIES (12,000 ) (12,000 )
NET ASSETS 124,969 124,969

CAPITAL AND RESERVES
Called up share capital 7 1,250 1,250
Share premium 49,950 49,950
Retained earnings 73,769 73,769
SHAREHOLDERS' FUNDS 124,969 124,969

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.

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 Board of Directors and authorised for issue on 13 May 2024 and were signed on its behalf by:



A J Wilkinson - Director


R & A Property Holdings Limited (Registered number: 05032025)

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

1. STATUTORY INFORMATION

R & A 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

There are no material departures from the standard.

Tangible fixed assets
Freehold property is not depreciated as required by Financial Reporting Standard 102 as, in the opinion of the directors, the property is subject to a high standard of maintenance and has a long remaining life. The valuation of the property is reviewed annually by the directors and is stated at open market value.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST OR VALUATION
At 1 April 2023
and 31 March 2024 370,000
NET BOOK VALUE
At 31 March 2024 370,000
At 31 March 2023 370,000

Freehold property was revalued on the 22 March 2022 by Burley Browne Chartered Surveyors, on the basis of open market value. The directors have used this as a basis for the valuation used in the accounts as, in their opinion, there has been no material change to this valuation.

Cost or valuation at 31 March 2024 is represented by:

Freehold
property
£   
Valuation in 2022 85,200
Cost 284,800
370,000

R & A Property Holdings Limited (Registered number: 05032025)

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

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2023
and 31 March 2024 1,200
NET BOOK VALUE
At 31 March 2024 1,200
At 31 March 2023 1,200

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 234,231 234,231

Amounts owed to group undertakings comprises amount owed to Jones and Wilkinson Limited, the subsidiary company.

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
90 Ordinary A £1 90 90
390 Ordinary B £1 390 390
60 Ordinary C £1 60 60
60 Ordinary D £1 60 60
600 Ordinary E £1 600 600
50 Deferred £1 50 50
1,250 1,250

The ordinary A shares, ordinary B shares, ordinary C shares, ordinary D shares and ordinary E shares are separate classes of shares for the purpose of declaring dividends.

In all other respects, the shares rank pari passu.

8. CONTINGENT LIABILITIES

The company has given security to the bankers of Jones & Wilkinson Limited, the subsidiary company, by way of a first legal mortgage over its freehold property, an unlimited debenture and an all moneys guarantee. The related bank indebtedness in that company amounted to £92,604 (2023 - £118,333).

R & A Property Holdings Limited (Registered number: 05032025)

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

9. RELATED PARTY DISCLOSURES

Jones & Wilkinson Limited
The subsidiary company

Amount owed to Jones & Wilkinson Limited at 31st March 2024 £234,232 (2023 - £234,234)

The amount owed to Jones and Wilkinson Limited (included within other creditors) is unsecured and has no specific terms regarding payment of interest. The amount due is repayable on demand but the directors of Jones and Wilkinson Limited have given their assurance that payment of this amount will not be demanded until such time as R & A Property Holdings Limited can afford to do so without financial detriment.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
R & A Property Holdings Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of R & A Property Holdings Limited for the year ended 31 March 2024 which comprise the Profit and loss account, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of R & A Property Holdings Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of R & A Property Holdings Limited and state those matters that we have agreed to state to the Board of Directors of R & A Property Holdings Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than R & A Property Holdings Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that R & A Property Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of R & A Property Holdings Limited. You consider that R & A Property Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of R & A Property Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Tomkinson Teal (Lichfield) LLP
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD


13 May 2024