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REGISTERED NUMBER: 15086890 (England and Wales)















Unaudited Financial Statements

for the Period 21 August 2023 to 31 August 2024

for

RGM15 (Bridge) Limited

RGM15 (Bridge) Limited (Registered number: 15086890)






Contents of the Financial Statements
for the Period 21 August 2023 to 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RGM15 (Bridge) Limited

Company Information
for the Period 21 August 2023 to 31 August 2024







DIRECTORS: Mr V Moothia
Mr K Moothia





REGISTERED OFFICE: 18 St Christopher's Way
Pride Park
Derby
Derbyshire
DE24 8JY





REGISTERED NUMBER: 15086890 (England and Wales)





ACCOUNTANTS: Franklins
18 St Christopher's Way
Pride Park
Derby
Derbyshire
DE24 8JY

RGM15 (Bridge) Limited (Registered number: 15086890)

Balance Sheet
31 August 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 2,286
Investment property 5 395,000
397,286

CURRENT ASSETS
Debtors 6 1,119
Cash at bank 10,016
11,135
CREDITORS
Amounts falling due within one year 7 362,652
NET CURRENT LIABILITIES (351,517 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

45,769

PROVISIONS FOR LIABILITIES 13,071
NET ASSETS 32,698

CAPITAL AND RESERVES
Called up share capital 8 100
Non-distributable reserve 9 39,212
Retained earnings 9 (6,614 )
SHAREHOLDERS' FUNDS 32,698

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

RGM15 (Bridge) Limited (Registered number: 15086890)

Balance Sheet - continued
31 August 2024


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 Board of Directors and authorised for issue on 15 May 2025 and were signed on its behalf by:




Mr V Moothia - Director



Mr K Moothia - Director


RGM15 (Bridge) Limited (Registered number: 15086890)

Notes to the Financial Statements
for the Period 21 August 2023 to 31 August 2024

1. STATUTORY INFORMATION

RGM15 (Bridge) Limited 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.

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.

Turnover
Turnover is the fair value of the rents received in the period.

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

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

RGM15 (Bridge) Limited (Registered number: 15086890)

Notes to the Financial Statements - continued
for the Period 21 August 2023 to 31 August 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
Additions 3,048
At 31 August 2024 3,048
DEPRECIATION
Charge for period 762
At 31 August 2024 762
NET BOOK VALUE
At 31 August 2024 2,286

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 342,717
Revaluations 52,283
At 31 August 2024 395,000
NET BOOK VALUE
At 31 August 2024 395,000

Fair value at 31 August 2024 is represented by:
£   
Valuation in 2024 395,000

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

£   
Cost 342,717

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 975
Prepayments 144
1,119

RGM15 (Bridge) Limited (Registered number: 15086890)

Notes to the Financial Statements - continued
for the Period 21 August 2023 to 31 August 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 132
Other creditors 360,719
Directors' current accounts 301
Accruals and deferred income 1,500
362,652

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
50 Ordinary A Shares 1 50
50 Ordinary B Shares 1 50
100

The following shares were allotted and fully paid for cash at par during the period:

50 Ordinary A Shares shares of 1 each
50 Ordinary B Shares shares of 1 each

9. RESERVES
Retained Non-distributable
earnings reserve Totals
£    £    £   

Deficit for the period (6,614 ) (6,614 )
Revaluation - 52,283 52,283
Deferred taxation - (13,071 ) (13,071 )
At 31 August 2024 (6,614 ) 39,212 32,598

10. RELATED PARTY DISCLOSURES

The balance outstanding on interest free loans provided from companies with common directors and under common control amounted to £357,194.