REGISTERED NUMBER: 06395825 (England and Wales)

ROBINSONS LETTINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M A Robinson

Mrs J Robinson

C Robinson

C Robinson

SECRETARY:

Indigo Secretaries Limited

REGISTERED OFFICE:

3 Kensworth Gate

2002-4 High Street South

Dunstable

Bedfordshire

LU6 3HS

REGISTERED NUMBER:

06395825 (England and Wales)

ACCOUNTANTS:

Higginson & Co (UK) Ltd

3 Kensworth Gate

200 - 204 High Street South

Dunstable

Bedfordshire

LU6 3HS

FIXED ASSETS

Tangible assets

4

515

2,045

CURRENT ASSETS

Debtors

5

91,914

83,994

Cash at bank and in hand

4,694

11,755

96,608

95,749

CREDITORS

Amounts falling due within one year

6

71,178

56,071

NET CURRENT ASSETS

25,430

39,678

TOTAL ASSETS LESS CURRENT LIABILITIES

25,945

41,723

CREDITORS

Amounts falling due after more than one year

7

(20,754

)

(30,744

)

PROVISIONS FOR LIABILITIES

8

(136

)

(389

)

NET ASSETS

5,055

10,590

CAPITAL AND RESERVES

Called up share capital

9

125

125

Retained earnings

4,930

10,465

SHAREHOLDERS' FUNDS

5,055

10,590

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 December 2024 and were signed on its behalf by:

M A Robinson - Director

1.	STATUTORY INFORMATION

Robinsons Lettings Limited 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.

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.

Fixtures and fittings

-

33% on cost

Computer equipment

-

25% on reducing balance

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 3 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 September 2023

7,040

3,050

10,090

Additions

570

-

570

At 31 August 2024

7,610

3,050

10,660

DEPRECIATION

At 1 September 2023

5,160

2,885

8,045

Charge for year

2,059

41

2,100

At 31 August 2024

7,219

2,926

10,145

NET BOOK VALUE

At 31 August 2024

391

124

515

At 31 August 2023

1,880

165

2,045

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.24

31.8.23

£

£

Intercompany loan

3,241

28,961

Directors' current accounts

41,727

35,400

VAT

46,946

19,633

91,914

83,994

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.24

31.8.23

£

£

Bank loans and overdrafts

9,994

9,748

Trade creditors

816

2,681

Corporation tax

54,916

37,786

Accrued expenses

5,452

5,856

71,178

56,071

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.24

31.8.23

£

£

Bank loans - 1-2 years

10,247

9,994

Bank loans - 2-5 years

10,507

20,750

20,754

30,744

8.	PROVISIONS FOR LIABILITIES

31.8.24

31.8.23

£

£

Deferred tax

136

389

Deferred

tax

£

Balance at 1 September 2023

389

Credit to Income Statement during year

(253

)

Balance at 31 August 2024

136

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.24

31.8.23

value:

£

£

25

£1"A" ordinary

£1

25

25

Allotted and issued:

Number:

Class:

Nominal

31.8.24

31.8.23

value:

£

£

100

Share capital 1

£1

100

100

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2024 and 31 August 2023:

31.8.24

31.8.23

£

£

M A Robinson

Balance outstanding at start of year

17,700

9,740

Amounts advanced

3,164

7,960

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

20,864

17,700

Mrs J Robinson

Balance outstanding at start of year

17,700

9,740

Amounts advanced

3,163

7,960

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

20,863

17,700

11.	RELATED PARTY DISCLOSURES

During the year, total dividends of £75,000 were paid to the directors .

The company pays management charges to Robinsons Estate Agents Limited, a company under common control. The management charges paid during the year amounted to £132,000 (2023 £132,000)