Acorah Software Products - Accounts Production 16.0.110 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 13615580 Mrs C E Steyn Mr R J Steyn iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13615580 2023-04-30 13615580 2024-04-30 13615580 2023-05-01 2024-04-30 13615580 frs-core:CurrentFinancialInstruments 2024-04-30 13615580 frs-core:Non-currentFinancialInstruments 2024-04-30 13615580 frs-core:ShareCapital 2024-04-30 13615580 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 13615580 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 13615580 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 13615580 frs-bus:SmallEntities 2023-05-01 2024-04-30 13615580 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 13615580 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 13615580 frs-bus:Director1 2023-05-01 2024-04-30 13615580 frs-bus:Director2 2023-05-01 2024-04-30 13615580 frs-countries:EnglandWales 2023-05-01 2024-04-30 13615580 2022-04-30 13615580 2023-04-30 13615580 2022-05-01 2023-04-30 13615580 frs-core:CurrentFinancialInstruments 2023-04-30 13615580 frs-core:Non-currentFinancialInstruments 2023-04-30 13615580 frs-core:ShareCapital 2023-04-30 13615580 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
RCJ Investment Properties Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13615580
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 501,277 401,299
501,277 401,299
CURRENT ASSETS
Debtors 5 70 33
Cash at bank and in hand 3,085 101,798
3,155 101,831
Creditors: Amounts Falling Due Within One Year 6 (431,600 ) (428,980 )
NET CURRENT ASSETS (LIABILITIES) (428,445 ) (327,149 )
TOTAL ASSETS LESS CURRENT LIABILITIES 72,832 74,150
Creditors: Amounts Falling Due After More Than One Year 7 (89,458 ) (93,188 )
NET LIABILITIES (16,626 ) (19,038 )
CAPITAL AND RESERVES
Called up share capital 8 10 10
Profit and Loss Account (16,636 ) (19,048 )
SHAREHOLDERS' FUNDS (16,626) (19,038)
Page 1
Page 2
For the year ending 30 April 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs C E Steyn
Director
6 January 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
RCJ Investment Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13615580 . The registered office is 13 Harting Down, Petersfield, GU31 4PG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rental of the investment properties held within the company. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.4. Financial Instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares, which are measured at fair value, with changes recognised in profit or loss. 
Derivative financial instruments, where applicable, are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and a deferred tax provision where necessary in accordance with accounting standards.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all material taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Where a reliable tax rate cannot be forecast, a deferred tax provision is calculated at the highest tax rate possibly applicable, based on tax rates (and tax laws) enacted by the end of the reporting date. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
The average number of employees, including directors, during the year was as follows: 2 (2023: 2)
2 2
Page 3
Page 4
4. Investment Property
2024
£
Fair Value
As at 1 May 2023 401,299
Additions 99,978
As at 30 April 2024 501,277
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 70 33
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) -
Bank loans and overdrafts 3,717 3,599
Other creditors 427,884 425,381
431,600 428,980
Included within Other creditors above are unsecured loans from the directors of £417,652 (2023 - £405,373 ). These loans are repayable on demand, and interest is charged at a rate of up to 15% per annum, at the discretion of the directors. 
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 89,458 93,188
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
Page 4