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Company Registration No. 12220923 (England and Wales)
RELION PROPERTIES LIMITED Unaudited accounts for the year ended 30 September 2024
RELION PROPERTIES LIMITED Unaudited accounts Contents
Page
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RELION PROPERTIES LIMITED Company Information for the year ended 30 September 2024
Director
Juliet Wendy James-Lionel
Company Number
12220923 (England and Wales)
Registered Office
27 OLD GLOUCESTER STREET LONDON WC1N 3AX UNITED KINGDOM
Accountants
Genius Accountancy Ltd 27 Old Gloucester Street London WC1N 3AX
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RELION PROPERTIES LIMITED Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
335,704 
288,000 
Current assets
Cash at bank and in hand
25,039 
27,286 
Creditors: amounts falling due within one year
(112,587)
(104,176)
Net current liabilities
(87,548)
(76,890)
Total assets less current liabilities
248,156 
211,110 
Creditors: amounts falling due after more than one year
(227,160)
(168,680)
Provisions for liabilities
Deferred tax
(3,895)
(10,165)
Net assets
17,101 
32,265 
Capital and reserves
Called up share capital
100 
100 
Fair value reserve
16,603 
- 
Profit and loss account
398 
32,165 
Shareholders' funds
17,101 
32,265 
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 director acknowledges her 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 and authorised for issue on 17 March 2025 and were signed on its behalf by
Juliet Wendy James-Lionel Director Company Registration No. 12220923
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RELION PROPERTIES LIMITED Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
RELION PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12220923. The registered office is 27 OLD GLOUCESTER STREET, LONDON, WC1N 3AX, 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:
Computer equipment
33%
Investment property
Investment property is recorded at market fair value. Gains are recognized in the income statement and deferred tax accordingly. Deferred taxation is provided at the rate expected to apply when the property is sold.
Average number of employees
Average number of employees also includes directors.
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RELION PROPERTIES LIMITED Notes to the Accounts for the year ended 30 September 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 October 2023
2,399 
At 30 September 2024
2,399 
Depreciation
At 1 October 2023
2,399 
At 30 September 2024
2,399 
Net book value
At 30 September 2024
- 
5
Investment property
2024 
£ 
Fair value at 1 October 2023
288,000 
Additions
80,704 
Net loss from fair value adjustments
(33,000)
At 30 September 2024
335,704 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
93 
- 
Other creditors
5,406 
3,631 
Loans from directors
107,088 
100,545 
112,587 
104,176 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
227,160 
168,680 
8
Average number of employees
During the year the average number of employees was 0 (2023: 2).
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