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REGISTERED NUMBER: 03856832 (England and Wales)















Reliant Properties Limited

Unaudited Financial Statements for the Year Ended 31 October 2024






Reliant Properties Limited (Registered number: 03856832)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Reliant Properties Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: JDM Langshaw-Lee
C Syrimis



REGISTERED OFFICE: 97 Judd Street
London
WC1H 9JG



REGISTERED NUMBER: 03856832 (England and Wales)



ACCOUNTANTS: Chris Syrimis & Co
Chartered Certified Accountants
97 Judd Street
London
WC1H 9JG



BANKERS: Barclays Bank Plc
Soho Square Business Centre
Business Banking
Leicester
LE87 2BB

Reliant Properties Limited (Registered number: 03856832)

Balance Sheet
31 October 2024

31/10/24 31/10/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 949,912 950,086

CURRENT ASSETS
Debtors 5 1,300 -
Cash at bank 21,476 20,552
22,776 20,552
CREDITORS
Amounts falling due within one year 6 160,302 156,458
NET CURRENT LIABILITIES (137,526 ) (135,906 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

812,386

814,180

CREDITORS
Amounts falling due after more than one
year

7

(15,086

)

(14,944

)

PROVISIONS FOR LIABILITIES (84,793 ) (84,793 )
NET ASSETS 712,507 714,443

Reliant Properties Limited (Registered number: 03856832)

Balance Sheet - continued
31 October 2024

31/10/24 31/10/23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 712,207 714,143
SHAREHOLDERS' FUNDS 712,507 714,443

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

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 Board of Directors and authorised for issue on 15 January 2025 and were signed on its behalf by:





C Syrimis - Director


Reliant Properties Limited (Registered number: 03856832)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Reliant Properties 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 as modified by the revaluation of certain assets.

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 - 15% on 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 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 NIL (2023 - NIL).

Reliant Properties Limited (Registered number: 03856832)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST OR VALUATION
At 1 November 2023
and 31 October 2024 948,931 16,224 965,155
DEPRECIATION
At 1 November 2023 - 15,069 15,069
Charge for year - 174 174
At 31 October 2024 - 15,243 15,243
NET BOOK VALUE
At 31 October 2024 948,931 981 949,912
At 31 October 2023 948,931 1,155 950,086

Cost or valuation at 31 October 2024 is represented by:

Fixtures
Freehold and
property fittings Totals
£    £    £   
Valuation in 2024 585,102 - 585,102
Cost 363,829 16,224 380,053
948,931 16,224 965,155

Freehold land and buildings were valued on an open market basis on 31 October 2024 by the directors .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/24 31/10/23
£    £   
Trade debtors 1,300 -

Reliant Properties Limited (Registered number: 03856832)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/24 31/10/23
£    £   
Trade creditors 7,498 7,500
Taxation and social security 11,136 8,916
Other creditors 141,668 140,042
160,302 156,458

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31/10/24 31/10/23
£    £   
Bank loans 15,086 14,944

Amounts falling due in more than five years:

Repayable by instalments
Loans more 5 yr by instal 15,086 14,944