Company Registration No. 15488843 (England and Wales)
R & L Interior Property Developments Ltd
Unaudited accounts
for the period from 14 February 2024 to 31 January 2025
R & L Interior Property Developments Ltd
Unaudited accounts
Contents
R & L Interior Property Developments Ltd
Company Information
for the period from 14 February 2024 to 31 January 2025
Directors
R. Finn
L. Puskas
Company Number
15488843 (England and Wales)
Registered Office
2 Summerfield Court
Halifax
West Yorkshire
HX2 9HE
England
R & L Interior Property Developments Ltd
Statement of financial position
as at 31 January 2025
Cash at bank and in hand
535
Creditors: amounts falling due within one year
(17,689)
Net current liabilities
(4,886)
Total assets less current liabilities
4,471
Provisions for liabilities
Profit and loss account
4,418
For the period ending 31 January 2025 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 11 March 2025 and were signed on its behalf by
R. Finn
Director
Company Registration No. 15488843
R & L Interior Property Developments Ltd
Notes to the Accounts
for the period from 14 February 2024 to 31 January 2025
R & L Interior Property Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 15488843. The registered office is 2 Summerfield Court, Halifax, West Yorkshire, HX2 9HE, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% reducing balance
Motor vehicles
20% reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
Additions
5,000
5,995
10,995
At 31 January 2025
5,000
5,995
10,995
Charge for the period
482
1,156
1,638
At 31 January 2025
482
1,156
1,638
At 31 January 2025
4,518
4,839
9,357
R & L Interior Property Developments Ltd
Notes to the Accounts
for the period from 14 February 2024 to 31 January 2025
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
Taxes and social security
4,330
Loans from directors
5,992
Accelerated capital allowances
51
Charged to the profit and loss account
51
Provision at end of period
51
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
Shares issued during the period:
2 Ordinary shares of £1 each
2
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Transactions with related parties
The company is in receipt of loans amounting to £5,992.00 from members of key management personnel.
Loan 1 amounts to £5,520.00, is payable on demand and the rate of interest charged is 0%. At the balance sheet date, the loan was still outstanding and is presented within creditors: amounts falling due within one year.
Loan 2 amounts to £472.00 is payable on demand and the rate of interest is 0%. At the balance sheet date, the loan was still outstanding and is presented within creditors: amounts falling due within one year.
During the period, total dividends of £14,000 were paid to the directors.
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Average number of employees
During the period the average number of employees was 2.