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REGISTERED NUMBER: SC208845 (Scotland)















Unaudited Financial Statements

for the Year Ended 31 August 2024

for

RDL Property Limited

RDL Property Limited (Registered number: SC208845)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


RDL Property Limited

Company Information
for the Year Ended 31 August 2024







DIRECTOR: R Dalziel





SECRETARY: K Dalziel





REGISTERED OFFICE: Gillespie House
12 Chapel Street
Dunfermline
Fife
KY12 7AW





REGISTERED NUMBER: SC208845 (Scotland)





ACCOUNTANTS: LinklatersCA
8 Darnaway Street
Edinburgh
EH3 6BG

RDL Property Limited (Registered number: SC208845)

Balance Sheet
31 August 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 228 304
Investment property 5 117,600 117,600
117,828 117,904

CURRENT ASSETS
Debtors 6 5,967 33
Cash at bank 3,964 7,594
9,931 7,627
CREDITORS
Amounts falling due within one year 7 65,260 70,380
NET CURRENT LIABILITIES (55,329 ) (62,753 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

62,499

55,151

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 8 32,600 32,600
Retained earnings 29,799 22,451
SHAREHOLDERS' FUNDS 62,499 55,151

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 director acknowledges his 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 director and authorised for issue on 11 May 2025 and were signed by:




R Dalziel - Director


RDL Property Limited (Registered number: SC208845)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

RDL Property Limited is a private company, limited by shares , registered in Scotland. 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.

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 - 25% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 September 2023
and 31 August 2024 7,361
DEPRECIATION
At 1 September 2023 7,057
Charge for year 76
At 31 August 2024 7,133
NET BOOK VALUE
At 31 August 2024 228
At 31 August 2023 304

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2023
and 31 August 2024 117,600
NET BOOK VALUE
At 31 August 2024 117,600
At 31 August 2023 117,600

RDL Property Limited (Registered number: SC208845)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

5. INVESTMENT PROPERTY - continued

Fair value at 31 August 2024 is represented by:
£   
Valuation in 2002 5,000
Valuation in 2003 5,000
Valuation in 2007 2,000
Valuation in 2010 15,000
Valuation in 2022 5,600
Cost 85,000
117,600

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 85,000 85,000

Investment property was valued on an open market basis on 31 August 2024 by the director .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 5,967 33

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1 -
Taxation and social security 1,653 39
Other creditors 63,606 70,341
65,260 70,380

8. RESERVES
Fair
value
reserve
£   
At 1 September 2023
and 31 August 2024 32,600

9. RELATED PARTY DISCLOSURES

Control

The company is controlled by R Dalziel, director of the company, who owns 100% of the issued share capital.

£54,312 was due by the company to European Utility Consultants Ltd (2023) £54,312).