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REGISTERED NUMBER: 13188994 (England and Wales)







Unaudited Financial Statements

for the Year Ended 28 February 2025

for

R.A.G.E Property Ltd

R.A.G.E Property Ltd (Registered number: 13188994)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


R.A.G.E Property Ltd

Company Information
for the Year Ended 28 February 2025







DIRECTORS: Mr R King
Mr G King
Mr E King





SECRETARY: Mrs A King





REGISTERED OFFICE: 69 Saxon Way
Bradley Stoke
Bristol
South Glos
BS32 9AR





REGISTERED NUMBER: 13188994 (England and Wales)





ACCOUNTANTS: Dunkley's
Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol
United Kingdom
BS32 4JY

R.A.G.E Property Ltd (Registered number: 13188994)

Balance Sheet
28 February 2025

28.2.25 29.2.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 549 21
Investment property 5 1,785,000 1,785,000
1,785,549 1,785,021

CURRENT ASSETS
Debtors 6 1,701 1,071
Cash at bank 121,250 87,676
122,951 88,747
CREDITORS
Amounts falling due within one year 7 202,958 209,749
NET CURRENT LIABILITIES (80,007 ) (121,002 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,705,542 1,664,019

PROVISIONS FOR LIABILITIES 57,558 54,471
NET ASSETS 1,647,984 1,609,548

CAPITAL AND RESERVES
Called up share capital 8 242,000 242,000
Share premium 9 1,103,000 1,103,000
Fair value reserve 9 160,408 163,397
Retained earnings 9 142,576 101,151
SHAREHOLDERS' FUNDS 1,647,984 1,609,548

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 24 April 2025 and were signed on its behalf by:




Mr R King - Director


R.A.G.E Property Ltd (Registered number: 13188994)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

R.A.G.E Property Ltd 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33.33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 NIL (2024 - NIL).

R.A.G.E Property Ltd (Registered number: 13188994)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 March 2024 150
Additions 549
At 28 February 2025 699
DEPRECIATION
At 1 March 2024 129
Charge for year 21
At 28 February 2025 150
NET BOOK VALUE
At 28 February 2025 549
At 29 February 2024 21

5. INVESTMENT PROPERTY
Total
£   
COST OR VALUATION
At 1 March 2024
and 28 February 2025 1,785,000
NET BOOK VALUE
At 28 February 2025 1,785,000
At 29 February 2024 1,785,000

Cost or valuation at 28 February 2025 is represented by:
£   
Valuation in 2023 140,000
Valuation in 2024 77,862
Cost 1,567,138
1,785,000

If Investment properties had not been revalued they would have been included at the following historical cost:

28.2.25 29.2.24
£    £   
Cost 1,567,138 1,567,138

Investment properties were valued on an open market basis on 28 February 2025 by the directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Prepayments 1,701 1,071

R.A.G.E Property Ltd (Registered number: 13188994)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Tax 9,678 10,979
Other creditors 653 -
Directors' current accounts 191,103 190,363
Deferred income - 7,007
Accrued expenses 1,524 1,400
202,958 209,749

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.25 29.2.24
value: £    £   
50,000 A Ordinary £1 50,000 50,000
50,000 B Ordinary £1 50,000 50,000
139,000 C Ordnary £1 139,000 139,000
3,000 D Ordinary £1 3,000 3,000
242,000 242,000

9. RESERVES
Fair
Retained Share value
earnings premium reserve Totals
£    £    £    £   

At 1 March 2024 101,152 1,103,000 163,397 1,367,549
Profit for the year 38,435 38,435
Assets revalued in period 2,989 - (2,989 ) -
At 28 February 2025 142,576 1,103,000 160,408 1,405,984