Company Registration No. SC637579 (Scotland)
RLG Properties Ltd
Unaudited accounts
for the year ended 31 July 2024
RLG Properties Ltd
Unaudited accounts
Contents
RLG Properties Ltd
Company Information
for the year ended 31 July 2024
Directors
SHAUN KERR
NIKKI KERR
Company Number
SC637579 (Scotland)
Registered Office
94 McLagan Drive
Hawick
Roxburghshire
TD9 8BT
Scotland
Accountants
CST ACCOUNTANCY SERVICES LTD
55 FURNACE CLOSE
NORTH HYKEHAM
LINCOLN
LN6 9ZR
RLG Properties Ltd
Statement of financial position
as at 31 July 2024
Investment property
139,500
139,500
Cash at bank and in hand
9,774
10,799
Creditors: amounts falling due within one year
(1,157)
(626)
Net current assets
8,917
10,323
Total assets less current liabilities
148,417
149,823
Creditors: amounts falling due after more than one year
(144,495)
(149,874)
Net assets/(liabilities)
3,922
(51)
Called up share capital
2
2
Profit and loss account
3,920
(53)
Shareholders' funds
3,922
(51)
For the year ending 31 July 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 11 April 2025 and were signed on its behalf by
SHAUN KERR
Director
Company Registration No. SC637579
RLG Properties Ltd
Notes to the Accounts
for the year ended 31 July 2024
RLG Properties Ltd is a private company, limited by shares, registered in Scotland, registration number SC637579. The registered office is 94 McLagan Drive, Hawick, Roxburghshire, TD9 8BT, Scotland.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 August 2023
139,500
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
932
461
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
121,172
121,172
Loans from directors
23,323
28,702
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).