Company Registration No. 03029120 (England and Wales)
Rake Properties Limited
Unaudited accounts
for the year ended 31 May 2024
Rake Properties Limited
Unaudited accounts
Contents
Rake Properties Limited
Company Information
for the year ended 31 May 2024
Directors
BURDEN, Elke
BURDEN, Alan Rodger
Secretary
BURDEN, Alan Rodger
Company Number
03029120 (England and Wales)
Registered Office
C/O Atreus Accountants Ltd
Arena Business Centre
9 Nimrod Way
Wimborne
Dorset
BH21 7UH
United Kingdom
Rake Properties Limited
Statement of financial position
as at 31 May 2024
Tangible assets
153,129
153,129
Cash at bank and in hand
1,247
1,729
Creditors: amounts falling due within one year
(803)
-
Net current assets
8,351
9,636
Total assets less current liabilities
161,480
162,765
Creditors: amounts falling due after more than one year
(126,730)
(127,673)
Called up share capital
2
2
Profit and loss account
34,748
35,090
Shareholders' funds
34,750
35,092
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 February 2025 and were signed on its behalf by
BURDEN, Alan Rodger
Director
Company Registration No. 03029120
Rake Properties Limited
Notes to the Accounts
for the year ended 31 May 2024
Rake Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 03029120. The registered office is C/O Atreus Accountants Ltd, Arena Business Centre, 9 Nimrod Way, Wimborne, Dorset, BH21 7UH, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
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:
4
Tangible fixed assets
Land & buildings
Amounts falling due after more than one year
Accrued income and prepayments
7,907
7,907
Rake Properties Limited
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
(1,232)
-
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
126,730
126,730
Loans from directors
-
625
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).