Company Registration No. 12821525 (England and Wales)
RS PROPERTIES INVESTMENT LTD
Unaudited accounts
for the year ended 31 August 2024
RS PROPERTIES INVESTMENT LTD
Unaudited accounts
Contents
RS PROPERTIES INVESTMENT LTD
Company Information
for the year ended 31 August 2024
Directors
Sanjeev KUMAR
Harmanpreet KAUR
Company Number
12821525 (England and Wales)
Registered Office
80 WHITMORE PARK ROAD
COVENTRY
CV6 4DP
ENGLAND
Accountants
MJS BUSINESS MANAGEMENT SERVICES LTD
51 HEATHER ROAD
BINLEY WOODS
COVENTRY
CV3 2DE
RS PROPERTIES INVESTMENT LTD
Statement of financial position
as at 31 August 2024
Tangible assets
735,783
469,336
Cash at bank and in hand
35,477
28,899
Creditors: amounts falling due within one year
(316)
(316)
Net current assets
42,161
34,183
Total assets less current liabilities
777,944
503,519
Creditors: amounts falling due after more than one year
(774,995)
(501,420)
Called up share capital
1,000
1,000
Profit and loss account
1,949
1,099
Shareholders' funds
2,949
2,099
For the year ending 31 August 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 6 May 2025 and were signed on its behalf by
Sanjeev KUMAR
Director
Company Registration No. 12821525
RS PROPERTIES INVESTMENT LTD
Notes to the Accounts
for the year ended 31 August 2024
RS PROPERTIES INVESTMENT LTD is a private company, limited by shares, registered in England and Wales, registration number 12821525. The registered office is 80 WHITMORE PARK ROAD, COVENTRY, CV6 4DP, ENGLAND.
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
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 September 2023
466,807
3,500
470,307
Additions
266,826
-
266,826
At 31 August 2024
733,633
3,500
737,133
At 1 September 2023
-
971
971
Charge for the year
-
379
379
At 31 August 2024
-
1,350
1,350
At 31 August 2024
733,633
2,150
735,783
At 31 August 2023
466,807
2,529
469,336
Amounts falling due within one year
Accrued income and prepayments
7,000
5,600
RS PROPERTIES INVESTMENT LTD
Notes to the Accounts
for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
136
136
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
522,962
336,712
Other creditors
143,500
98,500
Loans from directors
108,533
66,208
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).