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REGISTERED NUMBER: 06993331 (England and Wales)








Unaudited Financial Statements

for the Year Ended 31 December 2024

for

RAN Investment Properties Limited

RAN Investment Properties Limited (Registered number: 06993331)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RAN Investment Properties Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: R G Newman





REGISTERED OFFICE: Mill House Business Centre
108 Commercial Road
Totton
Southampton
Hampshire
SO40 3AE





REGISTERED NUMBER: 06993331 (England and Wales)





ACCOUNTANTS: Lane Monnington Welton
Chartered Accountants
Riverside View
Basing Road
Old Basing
Basingstoke
Hampshire
RG24 7AL

RAN Investment Properties Limited (Registered number: 06993331)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 36,973 44,720
Investments 5 1,962,000 3,115,500
Investment property 6 5,316,501 4,415,000
7,315,474 7,575,220

CURRENT ASSETS
Debtors 7 6,592 3,262
Cash at bank 91,171 75,028
97,763 78,290
CREDITORS
Amounts falling due within one year 8 5,348,557 5,682,321
NET CURRENT LIABILITIES (5,250,794 ) (5,604,031 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,064,680

1,971,189

PROVISIONS FOR LIABILITIES 10 335,126 259,794
NET ASSETS 1,729,554 1,711,395

CAPITAL AND RESERVES
Called up share capital 11 10 10
Fair value reserve 12 1,141,517 855,688
Retained earnings 588,027 855,697
SHAREHOLDERS' FUNDS 1,729,554 1,711,395

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

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

RAN Investment Properties Limited (Registered number: 06993331)

Balance Sheet - continued
31 December 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 director and authorised for issue on 24 February 2025 and were signed by:





R G Newman - Director


RAN Investment Properties Limited (Registered number: 06993331)

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


1. STATUTORY INFORMATION

RAN Investment 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.

Significant judgements and estimates
The directors have made key assumptions in the determination of the fair value of an investment property in respect of the state of the property market in the location where the property is situated and in respect of the range of reasonable fair value estimates of the asset.

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.
Plant and machinery - 33% on reducing balance
Motor vehicles - straight line to give residual value

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

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.

Financial instruments
Debtors and creditors payable/receivable within one year
Debtors and creditors with no stated interest rate and receivable or payable 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.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price, including transaction costs. Subsequently they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

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.


RAN Investment Properties Limited (Registered number: 06993331)

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


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date, adjusted for indexation where applicable.

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.

Impairment
Assets not measured at fair value are reviewed for any indication that an asset may be impaired at each balance sheet date. The directors review the carrying amount of the relevant assets and compare them to their market values and recoverable amounts. Where the carrying amount exceeds this, 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 3 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 January 2024
and 31 December 2024 48,559 34,850 83,409
DEPRECIATION
At 1 January 2024 20,538 18,151 38,689
Charge for year 7,747 - 7,747
At 31 December 2024 28,285 18,151 46,436
NET BOOK VALUE
At 31 December 2024 20,274 16,699 36,973
At 31 December 2023 28,021 16,699 44,720

RAN Investment Properties Limited (Registered number: 06993331)

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


5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2024
and 31 December 2024 3,115,500
PROVISIONS

Impairments 1,153,500
At 31 December 2024 1,153,500
NET BOOK VALUE
At 31 December 2024 1,962,000
At 31 December 2023 3,115,500

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024 4,415,000
Additions 1,091,501
Disposals (190,000 )
At 31 December 2024 5,316,501
NET BOOK VALUE
At 31 December 2024 5,316,501
At 31 December 2023 4,415,000


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 1,559 500
Other debtors 5,033 2,762
6,592 3,262

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 4,021 2,211
Taxation and social security 41,902 25,626
Other creditors 5,302,634 5,654,484
5,348,557 5,682,321

RAN Investment Properties Limited (Registered number: 06993331)

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


9. SECURED DEBTS

The following secured debts are included within creditors:

31.12.24 31.12.23
£    £   
Other loans 1,000,000 1,650,000

The other loans are secured over the properties owned by the subsidiary company, Heronwood Properties Limited.

10. PROVISIONS FOR LIABILITIES
31.12.24 31.12.23
£    £   
Deferred tax
Accelerated capital allowances 3,192 3,561
Other timing differences 331,934 256,233
335,126 259,794

Deferred
tax
£   
Balance at 1 January 2024 259,794
Provided during year 75,332
Balance at 31 December 2024 335,126

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
9 A Ordinary £1 9 9
1 B Ordinary £1 1 1
10 10

12. RESERVES
Fair
value
reserve
£   
At 1 January 2024 855,688
Transfers 285,829

At 31 December 2024 1,141,517