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Company Registration No. 13340861 (England and Wales)
Reecer Properties Ltd Unaudited accounts for the year ended 30 September 2024
Reecer Properties Ltd Unaudited accounts Contents
Page
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Reecer Properties Ltd Company Information for the year ended 30 September 2024
Directors
Helen Reece Steven Reece
Company Number
13340861 (England and Wales)
Registered Office
Ashwell Grange House Stroat Chepstow NP16 7LS
Accountants
Evans Entwistle Office 12a Equinox South, Great Park Road Bradley Stoke Bristol BS32 4QL
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Reecer Properties Ltd for the year ended 30 September 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Reecer Properties Ltd for the year ended 30 September 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle Member in Practice Office 12a Equinox South, Great Park Road Bradley Stoke Bristol BS32 4QL 7 March 2025
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Reecer Properties Ltd Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
38,486 
43,151 
Investment property
578,395 
348,350 
616,881 
391,501 
Current assets
Debtors
7,501 
3,706 
Cash at bank and in hand
65,260 
18,153 
72,761 
21,859 
Creditors: amounts falling due within one year
(669,881)
(426,281)
Net current liabilities
(597,120)
(404,422)
Total assets less current liabilities
19,761 
(12,921)
Provisions for liabilities
Deferred tax
(7,313)
(8,199)
Net assets/(liabilities)
12,448 
(21,120)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
12,447 
(21,121)
Shareholders' funds
12,448 
(21,120)
For the year ending 30 September 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 13 March 2025 and were signed on its behalf by
Steven Reece Director Company Registration No. 13340861
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Reecer Properties Ltd Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Reecer Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 13340861. The registered office is Ashwell Grange House, Stroat, Chepstow, NP16 7LS.
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:
Fixtures & fittings
10 years straight line
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 October 2023
46,650 
At 30 September 2024
46,650 
Depreciation
At 1 October 2023
3,499 
Charge for the year
4,665 
At 30 September 2024
8,164 
Net book value
At 30 September 2024
38,486 
At 30 September 2023
43,151 
5
Investment property
2024 
£ 
Fair value at 1 October 2023
348,350 
Additions
230,045 
At 30 September 2024
578,395 
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Reecer Properties Ltd Notes to the Accounts for the year ended 30 September 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
7,500 
3,705 
Amounts due from group undertakings etc.
1 
1 
7,501 
3,706 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
7,859 
20 
Amounts owed to group undertakings and other participating interests
661,050 
425,461 
Accruals
972 
800 
669,881 
426,281 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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