Company registration number 10289064 (England and Wales)
RP ESTATES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
PAGES FOR FILING WITH REGISTRAR
RP ESTATES LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
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The directors present their annual report and financial statements for the year ended 31 December 2023.
Directors
The directors who held office during the year and up to the date of signature of the financial statements were as follows:
Mr R B Prince
Mrs S R Prince
Mrs T L Arenson
Going concern
At the time of approving financial statements, the director have a reasonable expectation that the company has adequate resources to continue in operation existence for the foreseeable future. Thus the director continue to adopt the going concern basis of accounting in preparing the financial statements. The validity of this assumption depends on the continued support of the company’s director and creditors.
If the company were unable to continue in operation existence for the foreseeable future, adjustments would have to be made to reduce the balance sheet values of assets to their recoverable amounts, to provide for further liabilities that might arise and to reclassify fixed assets as current assets.
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies' exemption.
On behalf of the board
Mr R B Prince
Director
24 September 2024
RP ESTATES LIMITED
BALANCE SHEET
AS AT 31 DECEMBER 2023
31 December 2023
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2023
2022
£
£
£
£
Fixed assets
14,384
19,610
Current assets
100,061
222,064
Creditors: amounts falling due within one year
(80,630)
(79,906)
Net current assets
19,431
142,158
Total assets less current liabilities
33,815
161,768
Creditors: amounts falling due after more than one year
(1,076)
Net assets
33,815
160,692
Capital and reserves
33,815
160,692
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
3
3
2
Directors' transactions
At the balance sheet date, the directors owed an amount of £26,691 (2022: £37,086) to the company. The company received interest of £310 (2022: £2,223) in respect of this loan. This loan has been fully repaid within nine months after the balance sheet date.
3
Related parties
At the balance sheet date, the company is owed an amount of £29,161 (2022: £34,569) from a related company in which Mr R B Prince and Ms T L Arenson are the directors.
At the balance sheet date, the company owes an amount of £55,461 (2022: £53,461) to a related company in which Mr R B Prince and Ms T L Arenson are the directors.
RP Estates Limited is a private company limited by shares incorporated in England and Wales. The registered office is Lynwood House, 373-375 Station Road, Harrow, Middlesex, HA1 2AW.
For the year ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
RP ESTATES LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023
31 December 2023
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 24 September 2024 and are signed on its behalf by:
Mr R B Prince
Director
Company registration number 10289064 (England and Wales)