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REGISTERED NUMBER: 11442759 (England and Wales)





















Unaudited Financial Statements for the Year Ended 31 March 2024

for

R S INVESTMENTS 2018 LIMITED

R S INVESTMENTS 2018 LIMITED (Registered number: 11442759)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R S INVESTMENTS 2018 LIMITED

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mr V K Farmah
Mr K R Farmah
Mrs S B Farmah
Mrs S Farmah





REGISTERED OFFICE: Lindon House
Heeley Road
Selly Oak
Birmingham
West Midlands
B29 6EN





REGISTERED NUMBER: 11442759 (England and Wales)






R S INVESTMENTS 2018 LIMITED (Registered number: 11442759)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 346,698 207,118
Investment property 5 3,547,904 4,167,904
3,894,602 4,375,022

CURRENT ASSETS
Debtors 6 15,211 11,451
Cash at bank 477,093 243,720
492,304 255,171
CREDITORS
Amounts falling due within one year 7 38,717 59,234
NET CURRENT ASSETS 453,587 195,937
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,348,189

4,570,959

CREDITORS
Amounts falling due after more than one
year

8

50,000

110,000
NET ASSETS 4,298,189 4,460,959

CAPITAL AND RESERVES
Called up share capital 100 100
Share premium 4,235,000 4,235,000
Retained earnings 63,089 225,859
SHAREHOLDERS' FUNDS 4,298,189 4,460,959

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

R S INVESTMENTS 2018 LIMITED (Registered number: 11442759)

Balance Sheet - continued
31 March 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 14 August 2024 and were signed on its behalf by:




Mr V K Farmah - Director



Mr K R Farmah - Director


R S INVESTMENTS 2018 LIMITED (Registered number: 11442759)

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

1. STATUTORY INFORMATION

R S INVESTMENTS 2018 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.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

R S INVESTMENTS 2018 LIMITED (Registered number: 11442759)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 214,394
Additions 142,163
At 31 March 2024 356,557
DEPRECIATION
At 1 April 2023 7,276
Charge for year 2,583
At 31 March 2024 9,859
NET BOOK VALUE
At 31 March 2024 346,698
At 31 March 2023 207,118

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 4,167,904
Disposals (620,000 )
At 31 March 2024 3,547,904
NET BOOK VALUE
At 31 March 2024 3,547,904
At 31 March 2023 4,167,904

Investment property comprises of residential and commercial properties. In the director's opinion, the values of the properties are fairly represented. During the period under review, the company sold 2 investment properties. The sales was executed by a firm of Solicitors.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 15,211 11,451

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 2,110 2,113
Taxation and social security 21,135 46,619
Other creditors 15,472 10,502
38,717 59,234

R S INVESTMENTS 2018 LIMITED (Registered number: 11442759)

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

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Amounts owed to associates 50,000 110,000

9. ULTIMATE CONTROLLING PARTY

The control of the company is exercised by Equilux 2019 Ltd and Anami 2019 Ltd by virtue of Shareholdings.