Company Registration No. 10760724 (England and Wales)
RACSO PROPERTY LIMITED
Unaudited accounts
for the year ended 31 May 2024
RACSO PROPERTY LIMITED
Unaudited accounts
Contents
RACSO PROPERTY LIMITED
Company Information
for the year ended 31 May 2024
Company Number
10760724 (England and Wales)
Registered Office
23 KIMBERLEY WAY
CHINGFORD
LONDON
E4 6DE
UNITED KINGDOM
Accountants
Easy Accounting Services Ltd
Unit 3
Narberth Bridge Business Park
Narberth
Pembrokeshire
SA67 8RA
RACSO PROPERTY LIMITED
Statement of financial position
as at 31 May 2024
Tangible assets
330,200
330,200
Cash at bank and in hand
50,310
80,209
Creditors: amounts falling due within one year
(133,005)
(138,276)
Net current liabilities
(82,695)
(58,067)
Total assets less current liabilities
247,505
272,133
Creditors: amounts falling due after more than one year
(238,860)
(268,160)
Capital contribution reserve
(11,891)
(10,509)
Profit and loss account
20,536
14,482
Shareholders' funds
8,645
3,973
For the year ending 31 May 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 24 April 0205 and were signed on its behalf by
Louis Dyke
Director
Company Registration No. 10760724
RACSO PROPERTY LIMITED
Notes to the Accounts
for the year ended 31 May 2024
RACSO PROPERTY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10760724. The registered office is 23 KIMBERLEY WAY, CHINGFORD, LONDON, E4 6DE, UNITED KINGDOM.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
5
Creditors: amounts falling due within one year
2024
2023
Other creditors
133,005
138,276
6
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
238,860
268,160
RACSO PROPERTY LIMITED
Notes to the Accounts
for the year ended 31 May 2024
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).