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REGISTERED NUMBER: 00456227 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Robbik Property Limited

Robbik Property Limited (Registered number: 00456227)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Robbik Property Limited

Company Information
for the Year Ended 30 April 2024







Directors: M H Andrews
Mrs E A McCabe
Mrs D A Andrews
W R Griffiths
J T Mc Cabe





Registered office: Sutton Mawr
Waycock Road
Barry
CF62 3AA





Registered number: 00456227 (England and Wales)





Accountants: BYB Accountancy Ltd
Incorporated Financial Accountants
39 Cardiff Road
Llandaff
Cardiff
South Glamorgan
CF5 2DP

Robbik Property Limited (Registered number: 00456227)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 3,299 -
Investments 5 541,672 291,672
Investment property 6 2,875,093 3,043,902
3,420,064 3,335,574

Current assets
Debtors 7 381,314 396,898
Prepayments and accrued income 1,411 1,411
Cash at bank 130,196 63,595
512,921 461,904
Creditors
Amounts falling due within one year 8 131,057 127,042
Net current assets 381,864 334,862
Total assets less current liabilities 3,801,928 3,670,436

Creditors
Amounts falling due after more than one
year

9

899,705

917,047
Net assets 2,902,223 2,753,389

Capital and reserves
Called up share capital 12,207 12,207
Share premium 29,739 29,739
Capital redemption reserve 3,112 3,112
Retained earnings 2,857,165 2,708,331
Shareholders' funds 2,902,223 2,753,389

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

Robbik Property Limited (Registered number: 00456227)

Balance Sheet - continued
30 April 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 17 October 2024 and were signed on its behalf by:





W R Griffiths - Director


Robbik Property Limited (Registered number: 00456227)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Robbik Property 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.
Fixtures and fittings - 25% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 ) .

Robbik Property Limited (Registered number: 00456227)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
Cost
At 1 May 2023 105,638 - 105,638
Additions - 3,761 3,761
At 30 April 2024 105,638 3,761 109,399
Depreciation
At 1 May 2023 105,638 - 105,638
Charge for year - 462 462
At 30 April 2024 105,638 462 106,100
Net book value
At 30 April 2024 - 3,299 3,299
At 30 April 2023 - - -

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
Cost
At 1 May 2023 291,672
Additions 250,000
At 30 April 2024 541,672
Net book value
At 30 April 2024 541,672
At 30 April 2023 291,672

6. INVESTMENT PROPERTY
Total
£   
Fair value
At 1 May 2023 3,043,902
Disposals (168,809 )
At 30 April 2024 2,875,093
Net book value
At 30 April 2024 2,875,093
At 30 April 2023 3,043,902

Robbik Property Limited (Registered number: 00456227)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 25,030 42,506
Other debtors 356,284 354,392
381,314 396,898

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 48,737 18,795
Other creditors 82,320 108,247
131,057 127,042

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 20,852 11,963
Other creditors 878,853 905,084
899,705 917,047