4 April 2023 false No description of principal activity Taxfiler 2024.6 14779996business:PrivateLimitedCompanyLtd2023-04-042024-04-30 147799962023-04-03 147799962023-04-042024-04-30 14779996business:AuditExempt-NoAccountantsReport2023-04-042024-04-30 14779996business:FilletedAccounts2023-04-042024-04-30 147799962024-04-30 14779996business:Director12023-04-042024-04-30 14779996business:RegisteredOffice2023-04-042024-04-30 14779996core:WithinOneYear2024-04-30 14779996core:AfterOneYear2024-04-30 14779996core:ShareCapitalcore:PreviouslyStatedAmount2024-04-30 14779996core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-04-30 14779996core:PreviouslyStatedAmount2024-04-30 14779996business:SmallEntities2023-04-042024-04-30 14779996countries:EnglandWales2023-04-042024-04-30 iso4217:GBP xbrli:pure
Company Registration No. 14779996 (England and Wales)
Rapha Developments Llp Ltd Unaudited accounts for the period from 4 April 2023 to 30 April 2024
Rapha Developments Llp Ltd Unaudited accounts Contents
Page
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Rapha Developments Llp Ltd Company Information for the period from 4 April 2023 to 30 April 2024
Director
Olatunbosun Adamson
Company Number
14779996 (England and Wales)
Registered Office
204a Portobello Road London W11 1LA England
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Rapha Developments Llp Ltd Statement of financial position as at 30 April 2024
2024 
Notes
£ 
Fixed assets
Investment property
593,250 
Current assets
Cash at bank and in hand
801 
Creditors: amounts falling due within one year
(1,138)
Net current liabilities
(337)
Total assets less current liabilities
592,913 
Creditors: amounts falling due after more than one year
(593,250)
Net liabilities
(337)
Capital and reserves
Called up share capital
1 
Profit and loss account
(338)
Shareholders' funds
(337)
For the period 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 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 3 January 2025 and were signed on its behalf by
Olatunbosun Adamson Director Company Registration No. 14779996
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Rapha Developments Llp Ltd Notes to the Accounts for the period from 4 April 2023 to 30 April 2024
1
Statutory information
Rapha Developments Llp Ltd is a private company, limited by shares, registered in England and Wales, registration number 14779996. The registered office is 204a Portobello Road, London, W11 1LA, England.
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.
3
Accounting policies
These financial statements for the period from 4 April 2023 to 30 April 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 4 April 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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
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.
4
Investment property
2024 
£ 
Additions
593,250 
At 30 April 2024
593,250 
5
Creditors: amounts falling due within one year
2024 
£ 
Loans from directors
963 
Accruals
175 
1,138 
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Rapha Developments Llp Ltd Notes to the Accounts for the period from 4 April 2023 to 30 April 2024
6
Creditors: amounts falling due after more than one year
2024 
£ 
Bank loans
390,000 
Loans from directors
203,250 
593,250 
7
Average number of employees
During the period the average number of employees was 0.
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