1 October 2023 false No description of principal activity Taxfiler 2024.6 12796254business:PrivateLimitedCompanyLtd2023-10-012024-09-30 127962542023-09-30 127962542023-10-012024-09-30 12796254business:AuditExempt-NoAccountantsReport2023-10-012024-09-30 12796254business:FilletedAccounts2023-10-012024-09-30 127962542024-09-30 12796254business:Director12023-10-012024-09-30 12796254business:Director22023-10-012024-09-30 12796254business:Director32023-10-012024-09-30 12796254business:Director42023-10-012024-09-30 12796254business:RegisteredOffice2023-10-012024-09-30 127962542023-09-30 12796254core:WithinOneYear2024-09-30 12796254core:WithinOneYear2023-09-30 12796254core:AfterOneYear2024-09-30 12796254core:AfterOneYear2023-09-30 12796254core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 12796254core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 12796254core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 12796254core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 12796254core:PreviouslyStatedAmount2024-09-30 12796254core:PreviouslyStatedAmount2023-09-30 12796254business:SmallEntities2023-10-012024-09-30 12796254countries:EnglandWales2023-10-012024-09-30 127962542022-10-012023-09-30 iso4217:GBP xbrli:pure
Company Registration No. 12796254 (England and Wales)
REECE UK PROPERTIES LIMITED Unaudited accounts for the year ended 30 September 2024
REECE UK PROPERTIES LIMITED Unaudited accounts Contents
Page
- 2 -
REECE UK PROPERTIES LIMITED Company Information for the year ended 30 September 2024
Directors
Matthew Reece Jordan Reece Jamie Reece Lisa Boyce
Company Number
12796254 (England and Wales)
Registered Office
27 HILL BANK ROAD HALESOWEN B63 2ST ENGLAND
Accountants
Taxez 5 South Charlotte Street Edinburgh EH2 4AN
- 3 -
REECE UK PROPERTIES LIMITED Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
138,403 
138,403 
Current assets
Cash at bank and in hand
7,241 
4,720 
Creditors: amounts falling due within one year
(55,009)
(54,559)
Net current liabilities
(47,768)
(49,839)
Total assets less current liabilities
90,635 
88,564 
Creditors: amounts falling due after more than one year
(91,292)
(91,292)
Net liabilities
(657)
(2,728)
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
(661)
(2,732)
Shareholders' funds
(657)
(2,728)
For the year ending 30 September 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 29 April 2025 and were signed on its behalf by
Matthew Reece Director Company Registration No. 12796254
- 4 -
REECE UK PROPERTIES LIMITED Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
REECE UK PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12796254. The registered office is 27 HILL BANK ROAD, HALESOWEN, B63 2ST, 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.
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 as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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 includes revenue earned from property rental and is recognised when receivable from the tenant.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2024 
£ 
Fair value at 1 October 2023
138,403 
At 30 September 2024
138,403 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
3,350 
3,348 
Taxes and social security
40 
- 
Loans from directors
51,260 
50,948 
Accruals
359 
263 
55,009 
54,559 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
91,292 
91,292 
- 5 -
REECE UK PROPERTIES LIMITED Notes to the Accounts for the year ended 30 September 2024
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).
- 6 -