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Company Registration No. 13406719 (England and Wales)
R.OK Properties Ltd Unaudited accounts for the year ended 31 December 2024
R.OK Properties Ltd Unaudited accounts Contents
Page
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R.OK Properties Ltd Company Information for the year ended 31 December 2024
Director
Robert O'Keane
Company Number
13406719 (England and Wales)
Registered Office
R.OK Properties Ltd 124 City Road London EC1V 2NX England
Accountants
Accounting Wise Ltd 3 The Carriages Station Road Ware Hertfordshire SG129PL
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R.OK Properties Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
440,000 
352,168 
Current assets
Debtors
223 
- 
Cash at bank and in hand
22,541 
6,564 
22,764 
6,564 
Creditors: amounts falling due within one year
(287,954)
(326,777)
Net current liabilities
(265,190)
(320,213)
Total assets less current liabilities
174,810 
31,955 
Creditors: amounts falling due after more than one year
(108,275)
(50,975)
Provisions for liabilities
Deferred tax
(16,688)
- 
Net assets/(liabilities)
49,847 
(19,020)
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
87,832 
- 
Profit and loss account
(38,085)
(19,120)
Shareholders' funds
49,847 
(19,020)
For the year ending 31 December 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 his 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 21 March 2025 and were signed on its behalf by
Robert O'Keane Director Company Registration No. 13406719
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R.OK Properties Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
R.OK Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 13406719. The registered office is R.OK Properties Ltd, 124 City Road, London, EC1V 2NX, England.
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
These financial statements for the year ended 31 December 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
4
Investment property
2024 
£ 
Fair value at 1 January 2024
352,168 
Net gain from fair value adjustments
87,832 
At 31 December 2024
440,000 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
223 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
189,813 
189,813 
Amounts owed to group undertakings and other participating interests
162 
162 
Other creditors
- 
25,055 
Loans from directors
95,251 
109,439 
Accruals
2,728 
2,308 
287,954 
326,777 
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R.OK Properties Ltd Notes to the Accounts for the year ended 31 December 2024
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
108,275 
50,975 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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