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REGISTERED NUMBER: 06331308 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

REAL PROPERTY FINANCE LTD

REAL PROPERTY FINANCE LTD (REGISTERED NUMBER: 06331308)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


REAL PROPERTY FINANCE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: Mr A S Laslett
Mrs R Laslett
Mr A J Churchill





SECRETARY: Mr A S Laslett





REGISTERED OFFICE: 2 Liley Lane
Millhouse Green
Sheffield
South Yorkshire
S36 9NG





REGISTERED NUMBER: 06331308 (England and Wales)





ACCOUNTANTS: Sutton McGrath Hartley Limited
5 Westbrook Court
Sharrowvale Road
Sheffield
S11 8YZ

REAL PROPERTY FINANCE LTD (REGISTERED NUMBER: 06331308)

STATEMENT OF FINANCIAL POSITION
31 AUGUST 2024

2024 2023
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 73,750 91,741

CURRENT ASSETS
Debtors 5 19,879 23,830
Cash at bank 47,279 72,860
67,158 96,690
CREDITORS
Amounts falling due within one year 6 (36,173 ) (34,448 )
NET CURRENT ASSETS 30,985 62,242
TOTAL ASSETS LESS CURRENT LIABILITIES 104,735 153,983

CREDITORS
Amounts falling due after more than one year 7 (69,787 ) (79,788 )
NET ASSETS 34,948 74,195

CAPITAL AND RESERVES
Called up share capital 8 101 100
Retained earnings 34,847 74,095
SHAREHOLDERS' FUNDS 34,948 74,195

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 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.

REAL PROPERTY FINANCE LTD (REGISTERED NUMBER: 06331308)

STATEMENT OF FINANCIAL POSITION - 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 27 May 2025 and were signed on its behalf by:





Mr A S Laslett - Director


REAL PROPERTY FINANCE LTD (REGISTERED NUMBER: 06331308)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

Real Property Finance 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.

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
Revenue 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 - 20% on reducing balance

Taxation
Taxation for the year 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

REAL PROPERTY FINANCE LTD (REGISTERED NUMBER: 06331308)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 September 2023 117,081
Additions 428
At 31 August 2024 117,509
DEPRECIATION
At 1 September 2023 25,340
Charge for year 18,419
At 31 August 2024 43,759
NET BOOK VALUE
At 31 August 2024 73,750
At 31 August 2023 91,741

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 10,000 10,000
Prepayments 9,879 13,830
19,879 23,830

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 10,001 10,001
Trade creditors 3,215 2,253
Tax 16,614 17,240
Directors' current accounts 3,775 2,386
Accrued expenses 2,568 2,568
36,173 34,448

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 69,787 79,788

REAL PROPERTY FINANCE LTD (REGISTERED NUMBER: 06331308)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100
1 Ordinary B £1 1 -
101 100

Allotted and issued:
Number: Class: Nominal 2024 2023
value: £    £   
1 Share capital 2 £1 1 -

The following shares were issued during the year for cash at par :

1 Ordinary B share of £1