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Company Registration No. 14142476 (England and Wales)
RPS Real Estate Limited Unaudited accounts for the year ended 31 May 2024
RPS Real Estate Limited Unaudited accounts Contents
Page
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RPS Real Estate Limited Company Information for the year ended 31 May 2024
Directors
Mukand Sai Mudgal Paramjit Singh Ritu Singh
Company Number
14142476 (England and Wales)
Registered Office
50 Langley Crescent Hayes Middlesex UB3 5HN UNITED KINGDOM
Accountants
Abacus Accounting Solutions Ltd 5 Pasture Close North Wembley Middlesex HA0 3JE
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RPS Real Estate Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,029 
499 
Investment property
487,881 
487,881 
488,910 
488,380 
Current assets
Cash at bank and in hand
12,101 
885 
Creditors: amounts falling due within one year
(1,050)
(3,022)
Net current assets/(liabilities)
11,051 
(2,137)
Total assets less current liabilities
499,961 
486,243 
Creditors: amounts falling due after more than one year
(548,511)
(545,367)
Net liabilities
(48,550)
(59,124)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(48,650)
(59,224)
Shareholders' funds
(48,550)
(59,124)
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 24 February 2024 and were signed on its behalf by
Mukand Sai Mudgal Director Company Registration No. 14142476
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RPS Real Estate Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
RPS Real Estate Limited is a private company, limited by shares, registered in England and Wales, registration number 14142476. The registered office is 50 Langley Crescent , Hayes, Middlesex , UB3 5HN, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 June 2023
499 
Additions
530 
At 31 May 2024
1,029 
Depreciation
At 31 May 2024
- 
Net book value
At 31 May 2024
1,029 
At 31 May 2023
499 
5
Investment property
2024 
£ 
Fair value at 1 June 2023
487,881 
At 31 May 2024
487,881 
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RPS Real Estate Limited Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
- 
2,522 
Accruals
1,050 
500 
1,050 
3,022 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
548,511 
545,367 
Included in other creditors is an amount of £350,199 secured on the investment property and contains a negative pledge.
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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