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REGISTERED NUMBER: 08873535 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 31 January 2024

for

RPR Properties Ltd

RPR Properties Ltd (Registered number: 08873535)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RPR Properties Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTORS: R P Rochford
Mrs S V Rochford





SECRETARY: Mrs S V Rochford





REGISTERED OFFICE: 44 The Pantiles
Tunbridge Wells
Kent
TN2 5TN





REGISTERED NUMBER: 08873535 (England and Wales)





ACCOUNTANTS: APT
44 The Pantiles
Tunbridge Wells
Kent
TN2 5TN

RPR Properties Ltd (Registered number: 08873535)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 957 1,915
Investment property 5 430,000 425,000
430,957 426,915

CURRENT ASSETS
Debtors 6 617,808 -
Cash at bank 3,301 8,011
621,109 8,011
CREDITORS
Amounts falling due within one year 7 695,973 119,685
NET CURRENT LIABILITIES (74,864 ) (111,674 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

356,093

315,241

CREDITORS
Amounts falling due after more than one
year

8

237,890

291,852
NET ASSETS 118,203 23,389

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 10 26,140 21,140
Retained earnings 91,963 2,149
SHAREHOLDERS' FUNDS 118,203 23,389

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.

RPR Properties Ltd (Registered number: 08873535)

Balance Sheet - continued
31 January 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 18 October 2024 and were signed on its behalf by:





R P Rochford - Director


RPR Properties Ltd (Registered number: 08873535)

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


1. STATUTORY INFORMATION

RPR Properties Ltd 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.

The functional and presentational currency of the company is pounds sterling. Monetary amounts in these financial statements are rounded to the nearest £1, except where otherwise indicated.

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.

Fixtures & fittings - 20% straight line basis

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.

RPR Properties Ltd (Registered number: 08873535)

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


3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023
and 31 January 2024 4,789
DEPRECIATION
At 1 February 2023 2,874
Charge for year 958
At 31 January 2024 3,832
NET BOOK VALUE
At 31 January 2024 957
At 31 January 2023 1,915

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023 425,000
Revaluations 5,000
At 31 January 2024 430,000
NET BOOK VALUE
At 31 January 2024 430,000
At 31 January 2023 425,000

Fair value at 31 January 2024 is represented by:
£   
Valuation in 2023 21,140
Valuation in 2024 5,000
Cost 403,860
430,000

RPR Properties Ltd (Registered number: 08873535)

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


5. INVESTMENT PROPERTY - continued

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 403,860 403,860

Investment property was valued on an open market basis on 31 January 2024 by the directors. .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 617,808 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 28,624 426
Other creditors 667,349 119,259
695,973 119,685

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 237,890 291,852

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 237,890 291,852

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 237,890 291,852

The company's borrowings are secured against it investment properties.

RPR Properties Ltd (Registered number: 08873535)

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


10. RESERVES
Revaluation
reserve
£   
At 1 February 2023 21,140
Invest Property Revaluation 5,000

At 31 January 2024 26,140

11. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed its directors £27,459 (2023: £97,459). The loans are interest free, repayable on demand and are included in other creditors.

At the balance sheet date the company owed another business under common control £608,000 (2023 £20,000). The loan is interest free, repayable on demand and included in other creditors.

At the balance sheet date the company owed an immediate family member of one of the directors £30,000 (2023 Nil). The loan is repayable demand, carries interest at 4% and is included in other creditors.