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Company Registration No. 07692540 (England and Wales)
RRF Developments Ltd Unaudited accounts for the year ended 30 November 2024
RRF Developments Ltd Unaudited accounts Contents
Page
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RRF Developments Ltd Company Information for the year ended 30 November 2024
Directors
N J A Howard-Jones C N Howard-Jones
Company Number
07692540 (England and Wales)
Registered Office
School Master's House 39 College Street Petersfield Hampshire GU31 4AG
Accountants
Newnham & Son Ltd School Master's House 39 College Street Petersfield Hampshire GU31 4AG
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RRF Developments Ltd Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
11,727 
15,637 
Current assets
Inventories
720,000 
480,315 
Cash at bank and in hand
9,305 
91,424 
729,305 
571,739 
Creditors: amounts falling due within one year
(60,573)
(5,477)
Net current assets
668,732 
566,262 
Total assets less current liabilities
680,459 
581,899 
Provisions for liabilities
Deferred tax
(2,228)
(2,971)
Net assets
678,231 
578,928 
Capital and reserves
Called up share capital
1 
1 
Revaluation reserve
239,685 
- 
Profit and loss account
438,545 
578,927 
Shareholders' funds
678,231 
578,928 
For the year ending 30 November 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 27 March 2025 and were signed on its behalf by
N J A Howard-Jones Director Company Registration No. 07692540
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RRF Developments Ltd Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
RRF Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 07692540. The registered office is School Master's House, 39 College Street, Petersfield, Hampshire, GU31 4AG.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Presentation currency
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:
Plant & machinery
25% reducing balance
Computer equipment
25% reducing balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2023
40,325 
12,761 
53,086 
At 30 November 2024
40,325 
12,761 
53,086 
Depreciation
At 1 December 2023
29,552 
7,897 
37,449 
Charge for the year
2,694 
1,216 
3,910 
At 30 November 2024
32,246 
9,113 
41,359 
Net book value
At 30 November 2024
8,079 
3,648 
11,727 
At 30 November 2023
10,773 
4,864 
15,637 
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RRF Developments Ltd Notes to the Accounts for the year ended 30 November 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
55,000 
- 
Other creditors
1,142 
506 
Loans from directors
495 
1,035 
Accruals
3,936 
3,936 
60,573 
5,477 
6
Transactions with related parties
Management fees of £100,000 (2022 - £100,000) were paid to the parent company during the year.
7
Controlling party
The company is wholly owned by NHJ Limited, a company registered in England.
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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