0 false false false false false false false false false false true false false false false true true No description of principal activity 2023-06-22 Sage Accounts Production Advanced 2024 - FRS102_2024 397,532 397,532 397,532 xbrli:pure xbrli:shares iso4217:GBP 14954716 2023-06-22 2024-06-30 14954716 2024-06-30 14954716 2023-06-21 14954716 bus:Director1 2023-06-22 2024-06-30 14954716 bus:Director2 2023-06-22 2024-06-30 14954716 core:LandBuildings core:OwnedOrFreeholdAssets 2023-06-22 2024-06-30 14954716 core:AfterOneYear 2024-06-30 14954716 core:WithinOneYear 2024-06-30 14954716 core:ShareCapital 2024-06-30 14954716 core:RetainedEarningsAccumulatedLosses 2024-06-30 14954716 core:LandBuildings core:OwnedOrFreeholdAssets 2024-06-30 14954716 bus:SmallEntities 2023-06-22 2024-06-30 14954716 bus:AuditExemptWithAccountantsReport 2023-06-22 2024-06-30 14954716 bus:SmallCompaniesRegimeForAccounts 2023-06-22 2024-06-30 14954716 bus:PrivateLimitedCompanyLtd 2023-06-22 2024-06-30 14954716 bus:FullAccounts 2023-06-22 2024-06-30
COMPANY REGISTRATION NUMBER: 14954716
RFBTL Limited
Filleted Unaudited Financial Statements
For the period ended
30 June 2024
RFBTL Limited
Statement of Financial Position
30 June 2024
30 Jun 24
Note
£
£
Fixed assets
Tangible assets
4
397,532
Current assets
Cash at bank and in hand
5,705
Creditors: amounts falling due within one year
5
269,627
----------
Net current liabilities
263,922
----------
Total assets less current liabilities
133,610
Creditors: amounts falling due after more than one year
6
138,070
----------
Net liabilities
( 4,460)
----------
Capital and reserves
Called up share capital
10
Profit and loss account
( 4,470)
-------
Shareholders deficit
( 4,460)
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the period ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
RFBTL Limited
Statement of Financial Position (continued)
30 June 2024
These financial statements were approved by the board of directors and authorised for issue on 21 March 2025 , and are signed on behalf of the board by:
S B Roney
A P Roney
Director
Director
Company registration number: 14954716
RFBTL Limited
Notes to the Financial Statements
Period from 22 June 2023 to 30 June 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Lytchett House, 13 Freeland Park, Wareham Road, Poole, Dorset, BH16 6FA, England.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Income from the rents receivable is recognised in accordance with the agreed terms of the relevant lease agreements.
Current tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Investment property
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Tangible assets
Freehold property
£
Cost
At 22 June 2023
Additions
397,532
----------
At 30 June 2024
397,532
----------
Depreciation
At 22 June 2023 and 30 June 2024
----------
Carrying amount
At 30 June 2024
397,532
----------
The properties were introduced into the accounts at market value.
5. Creditors: amounts falling due within one year
30 Jun 24
£
Directors loan accounts
267,919
Other creditors
1,708
----------
269,627
----------
6. Creditors: amounts falling due after more than one year
30 Jun 24
£
Bank loans and overdrafts
138,070
----------