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REGISTERED NUMBER: 07962278 (England and Wales)



















Financial Statements

for the Year Ended 31 March 2024

for

R and B Investments (2012) Limited

R and B Investments (2012) Limited (Registered number: 07962278)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R and B Investments (2012) Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: R A Smith
Mrs B M Smith
S Howe
C J Simpson





REGISTERED OFFICE: 88 Meeting House Lane
Balsall Common
Coventry
West Midlands
CV7 7GE





REGISTERED NUMBER: 07962278 (England and Wales)





ACCOUNTANTS: Bates Weston LLP
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ

R and B Investments (2012) Limited (Registered number: 07962278)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 71,523,339 65,796,477
Investment property 5 650,000 650,000
72,173,339 66,446,477

CURRENT ASSETS
Debtors 6 1,025,279 7,370,982
Cash at bank and in hand 1,272,931 18,006
2,298,210 7,388,988
CREDITORS
Amounts falling due within one year 7 49,673,311 49,657,762
NET CURRENT LIABILITIES (47,375,101 ) (42,268,774 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,798,238

24,177,703

PROVISIONS FOR LIABILITIES 150,000 -
NET ASSETS 24,648,238 24,177,703

CAPITAL AND RESERVES
Called up share capital 1,500,166 1,500,166
Fair value reserve 8 453,588 103,732
Retained earnings 8 22,694,484 22,573,805
SHAREHOLDERS' FUNDS 24,648,238 24,177,703

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

R and B Investments (2012) Limited (Registered number: 07962278)

Balance Sheet - continued
31 March 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 March 2025 and were signed on its behalf by:





R A Smith - Director


R and B Investments (2012) Limited (Registered number: 07962278)

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

1. STATUTORY INFORMATION

R and B Investments (2012) 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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements
The financial statements contain information about R and B Investments (2012) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover represents dividends, interest and other investment income receivable. Income is recognised when it becomes due to the company.

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.

Investments
Investments in subsidiaries are stated at cost less provision for permanent diminution in value.

Listed investments are stated at fair value and any gains or losses are recognised in profit and then transferred to the fair value reserve.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - NIL ) .

4. FIXED ASSET INVESTMENTS
Listed Unlisted
investments investments Totals
£    £    £   
COST OR VALUATION
At 1 April 2023 5,672,311 60,124,166 65,796,477
Additions 5,846,460 - 5,846,460
Disposals (911,814 ) - (911,814 )
Revaluations 792,216 - 792,216
At 31 March 2024 11,399,173 60,124,166 71,523,339
NET BOOK VALUE
At 31 March 2024 11,399,173 60,124,166 71,523,339
At 31 March 2023 5,672,311 60,124,166 65,796,477

R and B Investments (2012) Limited (Registered number: 07962278)

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

4. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 March 2024 is represented by:

Listed Unlisted
investments investments Totals
£    £    £   
Valuation in 2024 11,399,173 60,124,166 71,523,339

If listed investments had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 10,795,585 5,568,579

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 650,000
NET BOOK VALUE
At 31 March 2024 650,000
At 31 March 2023 650,000

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2024 650,000

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 650,000 650,000

Investment property was valued on a fair value basis on 31 March 2024 by the directors .

6. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 16,128 -
Amounts owed by group undertakings 450,433 6,466,265
Amounts owed by associates 21,447 18,807
Other debtors 149,196 12,725
Directors' current accounts - 10,979
Prepayments and accrued income - 452,351
637,204 6,961,127

R and B Investments (2012) Limited (Registered number: 07962278)

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

6. DEBTORS - continued
2024 2023
£    £   
Amounts falling due after more than one year:
Other debtors 388,075 409,855

Aggregate amounts 1,025,279 7,370,982

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 20,749 7,988
Amounts owed to group undertakings 46,079,965 47,843,262
Amounts owed to associates 101,306 -
Tax 178,747 1,765,444
Social security and other taxes 612 952
Other creditors 6,298 6,298
Directors' current accounts 3,258,367 -
Accrued expenses 27,267 33,818
49,673,311 49,657,762

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

At 1 April 2023 22,573,805 103,732 22,677,537
Profit for the year 470,535 470,535
Transfer unrealised valuation (499,856 ) 499,856 -
Transfer deferred tax 150,000 (150,000 ) -
At 31 March 2024 22,694,484 453,588 23,148,072