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REGISTERED NUMBER: 11761419 (England and Wales)








Unaudited Financial Statements

for the Year Ended 31 January 2024

for

RV PROPERTY DEVELOPMENTS LIMITED

RV PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 11761419)






Contents of the Financial Statements
for the year ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


RV PROPERTY DEVELOPMENTS LIMITED

Company Information
for the year ended 31 January 2024







DIRECTORS: L Reilly
J P Varsani





REGISTERED OFFICE: 83 Kenn Road
Clevedon
United Kingdom
Avon
BS21 6HE





REGISTERED NUMBER: 11761419 (England and Wales)





ACCOUNTANTS: MGB Accountants (Stonehouse) Limited
Suite 5, First Floor
The Counting House
Bonds Mill Estate
Stonehouse
Gloucestershire
GL10 3RF

RV PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 11761419)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 779 1,039
Investment property 5 310,000 310,000
310,779 311,039

CURRENT ASSETS
Stocks 240,000 220,000
Cash at bank 8,876 4,748
248,876 224,748
CREDITORS
Amounts falling due within one year 6 239,792 424,997
NET CURRENT ASSETS/(LIABILITIES) 9,084 (200,249 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

319,863

110,790

CREDITORS
Amounts falling due after more than one year 7 324,838 230,369
NET LIABILITIES (4,975 ) (119,579 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (4,977 ) (119,581 )
(4,975 ) (119,579 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 October 2024 and were signed on its behalf by:





L Reilly - Director


RV PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 11761419)

Notes to the Financial Statements
for the year ended 31 January 2024

1. STATUTORY INFORMATION

RV Property Developments 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 as modified by the revaluation of certain assets.

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.

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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

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

RV PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 11761419)

Notes to the Financial Statements - continued
for the year ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023
and 31 January 2024 1,299
DEPRECIATION
At 1 February 2023 260
Charge for year 260
At 31 January 2024 520
NET BOOK VALUE
At 31 January 2024 779
At 31 January 2023 1,039

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023
and 31 January 2024 310,000
NET BOOK VALUE
At 31 January 2024 310,000
At 31 January 2023 310,000

Fair value at 31 January 2024 is represented by:
£   
Valuation in 2023 310,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 4,110 2,816
Other creditors 235,682 422,181
239,792 424,997

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 19,957 27,869
Other creditors 304,881 202,500
324,838 230,369