Registered number
12666278
RVS Property Investments Limited
Filleted Accounts
30 April 2024
RVS Property Investments Limited
Registered number: 12666278
Balance Sheet
as at 30 April 2024
Notes 2024 2023
£ £
Fixed assets
Investments 3 394,245 -
Current assets
Debtors 4 5,246 100
Cash at bank and in hand 1,389 -
6,635 100
Creditors: amounts falling due within one year 5 (150,992) -
Net current (liabilities)/assets (144,357) 100
Total assets less current liabilities 249,888 100
Creditors: amounts falling due after more than one year 6 (257,932) -
Net (liabilities)/assets (8,044) 100
Capital and reserves
Called up share capital 100 100
Profit and loss account (8,144) -
Shareholders' funds (8,044) 100
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
V Gupta
Director
Approved by the board on 27 January 2025
RVS Property Investments Limited
Notes to the Accounts
for the year ended 30 April 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover comprises of the value of the rent receivable on the investment properties in the normal course of business.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Investments
Other
investments
£
Cost
Additions 394,245
At 30 April 2024 394,245
The investment property consists of 9 Sibley Grove, Milton Keynes.

The Mortgage Works (UK) Plc has a charge over the investment property. The mortgage provided is interest only and has a term of 34 years.
4 Debtors 2024 2023
£ £
Other debtors 5,246 100
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 31,889 -
Other creditors 119,103 -
150,992 -
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 257,932 -
7 Related party transactions
During the year, Mr V Gupta (Director) loan the company money with no set repayment date. At the year end the amount due from the company to the director was £119,103.
8 Controlling party
The ultimate controlling party is Mr V Gupta by virtue of his majority shareholding.
9 Other information
RVS Property Investments Limited is a private company limited by shares and incorporated in England. Its registered office is:
6/7 Castle Gate
Castle Street
Hertford
Herts
SG14 1HD
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