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REGISTERED NUMBER: 07226314 (England and Wales)












FINANCIAL STATEMENTS

FOR THE PERIOD

30 DECEMBER 2022 TO 31 DECEMBER 2023

FOR

RESIDENTIAL LAND MANAGEMENT 2 LTD

RESIDENTIAL LAND MANAGEMENT 2 LTD (REGISTERED NUMBER: 07226314)






CONTENTS OF THE FINANCIAL STATEMENTS
for the period 30 December 2022 to 31 December 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


RESIDENTIAL LAND MANAGEMENT 2 LTD

COMPANY INFORMATION
for the period 30 December 2022 to 31 December 2023







DIRECTORS: Mr B W Ritchie
Mr J S D A Rust



REGISTERED OFFICE: 19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD



REGISTERED NUMBER: 07226314 (England and Wales)



SENIOR STATUTORY AUDITOR: Mr Adam Moody FCCA



AUDITORS: Xeinadin Audit Limited, Statutory Auditor
8th Floor, Becket House
36 Old Jewry
London
EC2R 8DD

RESIDENTIAL LAND MANAGEMENT 2 LTD (REGISTERED NUMBER: 07226314)

ABRIDGED BALANCE SHEET
31 December 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 14,356,011 14,206,601
Cash at bank 11,492 8,854
14,367,503 14,215,455
CREDITORS
Amounts falling due within one year 5,317,617 5,322,404
NET CURRENT ASSETS 9,049,886 8,893,051
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,049,886

8,893,051

PROVISIONS FOR LIABILITIES 162,722 162,722
NET ASSETS 8,887,164 8,730,329

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 8,887,163 8,730,328
SHAREHOLDERS' FUNDS 8,887,164 8,730,329

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the period ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 May 2025 and were signed on its behalf by:





Mr J S D A Rust - Director


RESIDENTIAL LAND MANAGEMENT 2 LTD (REGISTERED NUMBER: 07226314)

NOTES TO THE FINANCIAL STATEMENTS
for the period 30 December 2022 to 31 December 2023

1. STATUTORY INFORMATION

Residential Land Management 2 Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 - 25% on cost

Taxation
Taxation for the period 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 period 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2022 - NIL).

RESIDENTIAL LAND MANAGEMENT 2 LTD (REGISTERED NUMBER: 07226314)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 30 December 2022 to 31 December 2023

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 30 December 2022
and 31 December 2023 4,299
DEPRECIATION
At 30 December 2022
and 31 December 2023 4,299
NET BOOK VALUE
At 31 December 2023 -
At 29 December 2022 -

5. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mr Adam Moody FCCA (Senior Statutory Auditor)
for and on behalf of Xeinadin Audit Limited, Statutory Auditor

6. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

During the year, services of £154,500 (2022 - £154,500) were charged to Saxonchart Limited, a company in which Residential Land Holdings Limited owns 50% of the issued share capital.At the balance sheet date, the company was owed £46,350 (2022 - £77,250) by Saxonchart Limited.

7. ULTIMATE CONTROLLING PARTY

The company was controlled throughout the current and previous year by Mr B W Ritchie, a director, by virtue of his ownership of the entire issued share capital of the parent company, Residential Land Holdings Limited.