Registered number
11007927
R & B UK PROPERTIES LTD
Filleted Accounts
31 December 2023
R & B UK PROPERTIES LTD
Registered number: 11007927
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Fixed assets
Intangible assets 3 1 1
Tangible assets 4 1,544 1,930
Investments 5 778,253 1,076,850
779,798 1,078,781
Current assets
Cash at bank and in hand 21,411 49,126
Creditors: amounts falling due within one year 6 (538,848) (790,466)
Net current liabilities (517,437) (741,340)
Total assets less current liabilities 262,361 337,441
Creditors: amounts falling due after more than one year 7 (261,731) (336,190)
Net assets 630 1,251
Capital and reserves
Called up share capital 100 100
Profit and loss account 530 1,151
Shareholders' funds 630 1,251
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
B TSANG
Director
Approved by the board on 16 September 2024
R & B UK PROPERTIES LTD
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Know how are being amortised evenly over their estimated useful life of five years.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment over 5 years
Investment property
Investment property is shown at most recent valuations. Any aggregagate surplus or deficit arising from changes in fair value is recognised in the profit and loss account.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 2
3 Intangible fixed assets £
Developemnt costs (Training course)
Cost
At 1 January 2023 24,201
At 31 December 2023 24,201
Amortisation
At 1 January 2023 24,200
At 31 December 2023 24,200
Net book value
At 31 December 2023 1
At 31 December 2022 1
Intangibile fixed asset is being written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2023 2,760
At 31 December 2023 2,760
Depreciation
At 1 January 2023 830
Charge for the year 386
At 31 December 2023 1,216
Net book value
At 31 December 2023 1,544
At 31 December 2022 1,930
5 Investment property
Other
investments
£
Fair Value
At 1 January 2023 1,076,850
Disposals (298,597)
At 31 December 2023 778,253
6 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 10,334 12,989
Trade creditors 2,646 3,870
Taxation and social security costs 5,621 4,177
Director's Loan Account 520,247 769,430
538,848 790,466
7 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 261,731 336,190
8 Other information
R & B UK PROPERTIES LTD is a private company limited by shares and incorporated in England. Its registered office is:
81a Great Stone Road
Stretford
Manchester
M32 8GR
R & B UK PROPERTIES LTD 11007927 false 2023-01-01 2023-12-31 2023-12-31 VT Final Accounts April 2024 B TSANG No description of principal activity 11007927 2022-01-01 2022-12-31 11007927 core:WithinOneYear 2022-12-31 11007927 core:AfterOneYear 2022-12-31 11007927 core:ShareCapital 2022-12-31 11007927 core:RetainedEarningsAccumulatedLosses 2022-12-31 11007927 2023-01-01 2023-12-31 11007927 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11007927 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 11007927 bus:Director40 2023-01-01 2023-12-31 11007927 core:PlantMachinery 2023-01-01 2023-12-31 11007927 countries:England 2023-01-01 2023-12-31 11007927 bus:FRS102 2023-01-01 2023-12-31 11007927 bus:FilletedAccounts 2023-01-01 2023-12-31 11007927 2023-12-31 11007927 core:WithinOneYear 2023-12-31 11007927 core:AfterOneYear 2023-12-31 11007927 core:ShareCapital 2023-12-31 11007927 core:RetainedEarningsAccumulatedLosses 2023-12-31 11007927 core:Goodwill 2023-12-31 11007927 core:PlantMachinery 2023-12-31 11007927 core:DisposalsRepaymentsInvestments 2023-12-31 11007927 2022-12-31 11007927 core:Goodwill 2022-12-31 11007927 core:PlantMachinery 2022-12-31 iso4217:GBP xbrli:pure