Company Registration No. 13909535 (England and Wales)
RS4 Properties Ltd
Filleted accounts
for the year ended 29 February 2024
RS4 Properties Ltd
Filleted accounts
Contents
RS4 Properties Ltd
Company Information
for the year ended 29 February 2024
Company Number
13909535 (England and Wales)
Registered Office
98 Manor Drive
Doncaster
DN2 6BT
Accountants
YP Finance
Hawthorne House
17A Hawthorne Drive
Leicester
Leicestershire
LE5 6DL
RS4 Properties Ltd
Statement of financial position
as at 29 February 2024
Investment property
193,490
144,200
Cash at bank and in hand
1,054
50,686
Creditors: amounts falling due within one year
(19,308)
(12,496)
Net current (liabilities)/assets
(18,254)
38,190
Total assets less current liabilities
175,236
182,390
Creditors: amounts falling due after more than one year
(174,781)
(184,004)
Net assets/(liabilities)
455
(1,614)
Called up share capital
100
100
Profit and loss account
355
(1,714)
Shareholders' funds
455
(1,614)
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 November 2024 and were signed on its behalf by
Shoaib Ayub
Director
Company Registration No. 13909535
RS4 Properties Ltd
Notes to the Accounts
for the year ended 29 February 2024
RS4 Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 13909535. The registered office is 98 Manor Drive, Doncaster, DN2 6BT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Fair value at 1 March 2023
144,200
At 29 February 2024
193,490
RS4 Properties Ltd
Notes to the Accounts
for the year ended 29 February 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
84
-
Other creditors
12,001
12,000
Loans from directors
6,702
-
6
Creditors: amounts falling due after more than one year
2024
2023
Amounts owed to group undertakings and other participating interests
25,001
25,001
Loans from directors
100,000
109,223
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).