smallAccCompHo_0921.xslt
Company Registration No. 04192464 (England and Wales)
RESIDENTIAL PROPERTY INVESTMENTS LIMITED
Financial Statements
for the Period from 01 June 2023 to 31 May 2024

RESIDENTIAL PROPERTY INVESTMENTS LIMITED

Financial Statements for the period ending 31 May 2024

RESIDENTIAL PROPERTY INVESTMENTS LIMITED

Financial Statements for the period ending 31 May 2024

Notes to the Accounts

1. Statutory Information
RESIDENTIAL PROPERTY INVESTMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04192464.
2. Accounting Policies
Basis of preparing the Financial Statements
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities.
Presentation Currency
The accounts are presented in £ sterling.

RESIDENTIAL PROPERTY INVESTMENTS LIMITED

Financial Statements for the period ending 31 May 2024

Notes to the Accounts

Tangible Fixed Asset Policy
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:Plant & machinery 25% on cost

RESIDENTIAL PROPERTY INVESTMENTS LIMITED

Financial Statements for the period ending 31 May 2024

Notes to the Accounts

Intangible Asset Policy
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of fifteen years.

RESIDENTIAL PROPERTY INVESTMENTS LIMITED

Financial Statements for the period ending 31 May 2024

Notes to the Accounts

3. Employees
Average number of employees, including directors, during the year was as follows:
2024 19
2023 29
4. Principal Activity
Residential property management.

RESIDENTIAL PROPERTY INVESTMENTS LIMITED

Financial Statements for the period ending 31 May 2024

Notes to the Accounts

5. Intangible Assets
Goodwill Other Total
Cost £ £ £
At 01/06/2023 488,847 - 488,847
Additions - - -
Disposals - - -
Revaluations - - -
At 31/05/2024 488,847 - 488,847
Amortisation
At 01/06/2023 437,405 - 437,405
Charge for the Year 25,560 - 25,560
On Disposals - - -
Other increases/(decreases) - - -
At end of period 462,965 - 462,965
Net book value
At 31/05/2024 25,882 - 25,882
At 31/05/2023 51,442 - 51,442
6. Fixed Assets
Plant and Machinery Total
Cost or valuation £ £
At 01/06/2023 149,721 149,721
Additions 291 291
At 31/05/2024 150,012 150,012
Depreciation
At 01/06/2023 106,003 106,003
Charge for the year 27,491 27,491
At 31/05/2024 133,494 133,494
Net Book Value
At 31/05/2024 16,518 16,518
At 31/05/2023 43,718 43,718