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Registered Number: 09712543
England and Wales

 

 

 

RANK PROPERTIES LTD


Abridged Accounts
 


Period of accounts

Start date: 01 August 2023

End date: 31 July 2024
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 1    1 
Investments 4 63,446    73,445 
63,447    73,446 
Current assets      
Creditors: amount falling due within one year (77,926)   (86,483)
Net current assets (77,926)   (86,483)
 
Total assets less current liabilities (14,479)   (13,037)
Net assets (14,479)   (13,037)
 

Capital and reserves
     
Called up share capital 5 2    2 
Profit and loss account (14,481)   (13,039)
Shareholders' funds (14,479)   (13,037)
 


For the year ended 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 08 March 2025 and were signed on its behalf by:


-------------------------------
Keyur Desai
Director
1
General Information
Rank Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 09712543, registration address Long Acre Minety Lane, Oaksey, Malmesbury, Wiltshire, SN16 9SY.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment 33% Straight Line
Fixed asset investments
Fixed asset investments are stated at cost less provision for any permanent diminution in value.  Fixed Asset Investments represents shares in various properties managed through Property Partner the trading name of London House Exchange Ltd reg no 08820870 and are shown at cost.
2.

Average number of employees

Average number of employees during the year was 2 (2023 : 2).
3.

Tangible fixed assets

Cost or valuation Computer Equipment   Total
  £   £
At 01 August 2023 1,997    1,997 
Additions  
Disposals  
At 31 July 2024 1,997    1,997 
Depreciation
At 01 August 2023 1,996    1,996 
Charge for year  
On disposals  
At 31 July 2024 1,996    1,996 
Net book values
Closing balance as at 31 July 2024 1    1 
Opening balance as at 01 August 2023 1    1 


4.

Investments

Cost Other investments other than loans   Total
  £   £
At 01 August 2023 73,445    73,445 
Additions  
Transfer to/from tangible fixed assets  
Disposals (9,999)   (9,999)
At 31 July 2024 63,446    63,446 

5.

Share Capital

Allotted, called up and fully paid
2024
£
  2023
£
2 Ordinary shares of £1.00 each  
 

2