Registered number
15015900
RSB Property (Huddersfield) Limited
Filleted Accounts for the period ended
31 July 2024
RSB Property (Huddersfield) Limited
Registered number: 15015900
Balance Sheet
as at 31 July 2024
Notes 2024
£
Fixed assets
Tangible assets 3 550,000
Current assets
Debtors 4 44,901
Cash at bank and in hand 4,716
49,617
Creditors: amounts falling due within one year 5 (422,663)
Net current liabilities (373,046)
Total assets less current liabilities 176,954
Provisions for liabilities (49,699)
Net assets 127,255
Capital and reserves
Called up share capital 1
Fair value reserve 7 149,098
Profit and loss account (21,844)
Shareholder's funds 127,255
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Ivana Szelenyiova
Director
Approved by the board on 18 April 2025
RSB Property (Huddersfield) Limited
Notes to the Accounts
for the period from 20 July 2023 to 31 July 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property
Investment properties are stated at cost or fair value in accordance with FRS 102.

Investment property is property held to earn rent, and/or for capital appreciation.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024
Number
Average number of persons employed by the company 2
3 Tangible fixed assets
Investment properties
£
Fair value
Additions 351,203
Surplus on revaluation 198,797
At 31 July 2024 550,000
Depreciation
At 31 July 2024 -
Fair value
At 31 July 2024 550,000
Investment properties were valued on a fair value basis on 31 July 2024 by the directors.
4 Debtors 2024
£
Trade debtors 4,400
Associated party loans 40,501
44,901
5 Creditors: amounts falling due within one year 2024
£
Bank loans and overdrafts 206,876
Directors loan 214,787
Other creditors 1,000
422,663
6 Loans 2024
£
Creditors include:
Secured bank loans 206,876
Bank loans of £206,876 are secured by way of fixed and floating charge over all the assets of the company, including the investment property.
7 Fair value reserve 2024
£
Gain on investment property 198,797
Deferred taxation arising on the revaluation of investment property (49,699)
At 31 July 2024 149,098
8 Related party transactions
As at 31 July 2024, the company owes the director Ivana Szelenyiova £214,787 on an interest free basis.
9 Controlling party
The ultimate controlling part is the director Ivana Szelenyiova who holds 100% of the share capital.
10 Other information
RSB Property (Huddersfield) Limited is a private company limited by shares and incorporated in England. Its registered office is:
20 Wenlock Road
London
N1 7GU
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