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REGISTERED NUMBER: 02744704 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

R. K. Case Estates Limited

R. K. Case Estates Limited (Registered number: 02744704)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


R. K. Case Estates Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: R K Case





SECRETARY: L E A Case





REGISTERED OFFICE: 4 The Courtyard
Holmstead Farm
Staplefield Road
Haywards Heath
West Sussex
RH17 5JF





REGISTERED NUMBER: 02744704 (England and Wales)





ACCOUNTANTS: Warren House Accountants Limited
4 The Courtyard
Holmsted Farm
Staplefield Road
Haywards Heath
RH17 5JF

R. K. Case Estates Limited (Registered number: 02744704)

Statement of Financial Position
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 148,674 154,718

CURRENT ASSETS
Debtors 5 9,310 9,817

CREDITORS
Amounts falling due within one year 6 93,785 107,662
NET CURRENT LIABILITIES (84,475 ) (97,845 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

64,199

56,873

PROVISIONS FOR LIABILITIES 8 6,162 4,700
NET ASSETS 58,037 52,173

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 57,937 52,073
58,037 52,173

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 director acknowledges his 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 September 2024 and were signed by:



R K Case - Director


R. K. Case Estates Limited (Registered number: 02744704)

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

1. STATUTORY INFORMATION

R. K. Case Estates 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The financial statements have been prepared on the going concern basis which assumes that the company will continue in operational existence for the foreseeable future.

Turnover
Turnover represents rent invoiced, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Buildings - 4% reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivables or payables within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

R. K. Case Estates Limited (Registered number: 02744704)

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

2. ACCOUNTING POLICIES - continued

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Short
leasehold
£   
COST
At 1 May 2023
and 30 April 2024 281,739
DEPRECIATION
At 1 May 2023 127,021
Charge for year 6,044
At 30 April 2024 133,065
NET BOOK VALUE
At 30 April 2024 148,674
At 30 April 2023 154,718

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 8,221 8,791
Other debtors 1,089 1,026
9,310 9,817

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 3,802 19,226
Trade creditors 1,466 5,240
Amounts owed to group undertakings 31,934 31,934
Taxation and social security 16,376 11,887
Other creditors 40,207 39,375
93,785 107,662

R. K. Case Estates Limited (Registered number: 02744704)

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

7. SECURED DEBTS

The following secured debts are included within creditors:

30.4.24 30.4.23
£    £   
Bank overdrafts 3,802 9,808
Bank loans - 9,418
3,802 19,226

There is a fixed and floating charge over all the assets of the company.

8. PROVISIONS FOR LIABILITIES
30.4.24 30.4.23
£    £   
Deferred tax 6,162 4,700

Deferred
tax
£   
Balance at 1 May 2023 4,700
Provided during year 1,462
Accelerated capital allowances
Balance at 30 April 2024 6,162

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end the company owed an amount of £29,185 (2022: £29,185) to the director. This amount is unsecured, interest free and is repayable on demand.

10. RELATED PARTY DISCLOSURES

Included within other creditors is £31,933 (2022: £31,933) owed to R.K. Case Contractors Limited, a company where Mr R Case is also a director and shareholder. The amount outstanding is not subject to interest and is repayable on demand.

During the year, the company paid rent in respect of land of £19,680 (2022: £19,680) to Mr R K Case and Mrs L E A Case; Mr R K Case is the director and Mrs L E A Case is the company secretary, of the company.

11. ULTIMATE CONTROLLING PARTY

During the year the company was under the control of the Director.