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REGISTERED NUMBER: 12489309 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 28 FEBRUARY 2023 TO 26 FEBRUARY 2024

FOR

RJL HOMES LTD

RJL HOMES LTD (REGISTERED NUMBER: 12489309)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 28 FEBRUARY 2023 TO 26 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RJL HOMES LTD

COMPANY INFORMATION
FOR THE PERIOD 28 FEBRUARY 2023 TO 26 FEBRUARY 2024







DIRECTOR: J M Mullen





REGISTERED OFFICE: 141 Coroners Lane
Widnes
Cheshire
WA8 9HY





REGISTERED NUMBER: 12489309 (England and Wales)





ACCOUNTANTS: Wallwork Nelson & Johnson
Chandler House
7 Ferry Road Office Park
Riversway
Preston
Lancashire
PR2 2YH

RJL HOMES LTD (REGISTERED NUMBER: 12489309)

BALANCE SHEET
26 FEBRUARY 2024

26/2/24 27/2/23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 297,000 290,000

CURRENT ASSETS
Debtors 5 3,132 3,276
Cash at bank 770 817
3,902 4,093
CREDITORS
Amounts falling due within one year 6 100,915 100,285
NET CURRENT LIABILITIES (97,013 ) (96,192 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

199,987

193,808

CREDITORS
Amounts falling due after more than one year 7 (183,566 ) (183,566 )

PROVISIONS FOR LIABILITIES (3,120 ) (1,946 )
NET ASSETS 13,301 8,296

CAPITAL AND RESERVES
Called up share capital 8 1 1
Fair value reserve 9 17,721 12,051
Retained earnings 9 (4,421 ) (3,756 )
SHAREHOLDERS' FUNDS 13,301 8,296

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 26 February 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 26 February 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.

RJL HOMES LTD (REGISTERED NUMBER: 12489309)

BALANCE SHEET - continued
26 FEBRUARY 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 26 February 2025 and were signed by:





J M Mullen - Director


RJL HOMES LTD (REGISTERED NUMBER: 12489309)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 28 FEBRUARY 2023 TO 26 FEBRUARY 2024

1. STATUTORY INFORMATION

RJL Homes Ltd 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.

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.

Taxation
Taxation for the period 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.

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 period 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.

Going concern
The directors believes that the company has sufficient trade and financial resources to continue in operational existence for the foreseeable future. Thus the going concern basis of accounting in preparing the annual financial statements has been adopted.

3. EMPLOYEES AND DIRECTORS

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

RJL HOMES LTD (REGISTERED NUMBER: 12489309)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 28 FEBRUARY 2023 TO 26 FEBRUARY 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 28 February 2023 290,000
Revaluations 7,000
At 26 February 2024 297,000
NET BOOK VALUE
At 26 February 2024 297,000
At 27 February 2023 290,000

The investment property was valued on an open market basis on 26 February 2024 by the Director of the company.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
26/2/24 27/2/23
£    £   
Prepayments and accrued income 3,132 3,276

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
26/2/24 27/2/23
£    £   
Directors' current accounts 99,656 99,656
Accrued expenses 1,259 629
100,915 100,285

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
26/2/24 27/2/23
£    £   
Bank loans - 1-2 years 183,566 -
Bank loans more 5 yr by instal - 183,566
183,566 183,566

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 183,566

RJL HOMES LTD (REGISTERED NUMBER: 12489309)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 28 FEBRUARY 2023 TO 26 FEBRUARY 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 26/2/24 27/2/23
value: £    £   
1 Ordinary £1 1 1

9. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 28 February 2023 (3,756 ) 12,051 8,295
Profit for the period 5,005 5,005
Transfer between reserves (5,670 ) 5,670 -
At 26 February 2024 (4,421 ) 17,721 13,300