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REGISTERED NUMBER: 09779400 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

REET HOLDINGS LIMITED

REET HOLDINGS LIMITED (REGISTERED NUMBER: 09779400)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024




Page

Company Information 1

Abridged Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5


REET HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2024







DIRECTORS: Mr D J Reynolds
Mr A J Williams





REGISTERED OFFICE: Reet House
Unit 1
Keytec East Business Park
Pershore
Worcestershire
WR10 2NX





REGISTERED NUMBER: 09779400 (England and Wales)





ACCOUNTANTS: Allens Accountants Limited
Chartered Accountants
123 Wellington Road South
Stockport
Cheshire
SK1 3TH

REET HOLDINGS LIMITED (REGISTERED NUMBER: 09779400)

ABRIDGED BALANCE SHEET
31ST DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,314,525 1,314,525
Investments 5 490 490
1,315,015 1,315,015

CURRENT ASSETS
Debtors 113,472 108,441
Cash at bank 217,909 199,999
331,381 308,440
CREDITORS
Amounts falling due within one year 102,271 73,849
NET CURRENT ASSETS 229,110 234,591
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,544,125

1,549,606

CREDITORS
Amounts falling due after more than one
year

6

862,542

926,290
NET ASSETS 681,583 623,316

CAPITAL AND RESERVES
Called up share capital 980 980
Retained earnings 680,603 622,336
SHAREHOLDERS' FUNDS 681,583 623,316

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

REET HOLDINGS LIMITED (REGISTERED NUMBER: 09779400)

ABRIDGED BALANCE SHEET - continued
31ST DECEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31st December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26th March 2025 and were signed on its behalf by:




Mr D J Reynolds - Director



Mr A J Williams - Director


REET HOLDINGS LIMITED (REGISTERED NUMBER: 09779400)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024

1. STATUTORY INFORMATION

Reet Holdings 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.

Tangible fixed assets
No depreciation is provided for in respect of freehold property.
The directors consider that to depreciate freehold property would not enable the financial statements to give a true and fair view.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st January 2024
and 31st December 2024 1,314,525
NET BOOK VALUE
At 31st December 2024 1,314,525
At 31st December 2023 1,314,525

REET HOLDINGS LIMITED (REGISTERED NUMBER: 09779400)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1st January 2024
and 31st December 2024 490
NET BOOK VALUE
At 31st December 2024 490
At 31st December 2023 490

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
2024 2023
£    £   
Repayable by instalments
Bank loans more 5 yr by instal 539,342 729,570

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 933,342 969,970