Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-282024-02-282023-03-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.22falsefalseDevelopment of building projectstruetrue 13385377 2023-03-01 2024-02-28 13385377 2024-02-28 13385377 2022-03-01 2023-02-28 13385377 2023-02-28 13385377 c:Director1 2023-03-01 2024-02-28 13385377 d:CurrentFinancialInstruments 2024-02-28 13385377 d:CurrentFinancialInstruments 2023-02-28 13385377 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-28 13385377 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 13385377 d:ShareCapital 2024-02-28 13385377 d:ShareCapital 2023-02-28 13385377 d:RetainedEarningsAccumulatedLosses 2024-02-28 13385377 d:RetainedEarningsAccumulatedLosses 2023-02-28 13385377 c:FRS102 2023-03-01 2024-02-28 13385377 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 13385377 c:FullAccounts 2023-03-01 2024-02-28 13385377 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 13385377 e:PoundSterling 2023-03-01 2024-02-28 iso4217:GBP xbrli:pure
Registered number: 13385377


RANDALL PLACE DEVELOPMENTS LTD








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2024

 
RANDALL PLACE DEVELOPMENTS LTD
REGISTERED NUMBER: 13385377

BALANCE SHEET
AS AT 28 FEBRUARY 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
  
129,930
-

Debtors: amounts falling due within one year
  
100
100

  
130,030
100

Creditors: amounts falling due within one year
  
(130,860)
-

Net current (liabilities)/assets
  
 
 
(830)
 
 
100

Total assets less current liabilities
  
(830)
100

  

Net (liabilities)/assets
  
(830)
100


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(930)
-

  
(830)
100


Page 1

 
RANDALL PLACE DEVELOPMENTS LTD
REGISTERED NUMBER: 13385377
    
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
A Budgen
Director

Date: 27 November 2024

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
RANDALL PLACE DEVELOPMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024

1.


General information

iRandall Place Developments Ltd is a private limited company which is incorporated and domiciled in the UK, the date of incorporation is the 10th May 2021. The registered office address is 1 Vincent Square, London, SW1P 2PN.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on a going concern basis.
Whilst the balance sheet shows a net liability position, it is anticipated that the stock balances held on the balance sheet will be sold for a profit. Furthermore, the directors intend to support the company indefinitely.
At the point these accounts were issued for signature, it is considered that the company will continue to trade for a minimum of 12 months from the signature date.

 
2.3

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 3

 
RANDALL PLACE DEVELOPMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Debtors

2024
2023
£
£


Called up share capital not paid
100
100

100
100



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
180
-

Other creditors
129,930
-

Accruals and deferred income
750
-

130,860
-



6.


Related party transactions

At the balance sheet date the following amounts were outstanding:
A balance of £129,930 was owed to Urbanlab Ltd, a company under common control of the shareholders of Randall Place Developments Ltd.

 
Page 4