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REGISTERED NUMBER: 09931864 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Robinson Property Lettings Limited

Robinson Property Lettings Limited (Registered number: 09931864)

Contents of the Financial Statements
for the Year Ended 31 December 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Robinson Property Lettings Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: S M Robinson
Mrs D L Robinson



REGISTERED OFFICE: 4 Blake Avenue
Ross on Wye
Herefordshire
HR9 5JP



REGISTERED NUMBER: 09931864 (England and Wales)



ACCOUNTANTS: HATS Gloucester Ltd
48 Hucclecote Road
Gloucester
Gloucestershire
GL3 3RS



BANKERS: Virgin Money
215 High Street
Cheltenham
GL50 3HH

Robinson Property Lettings Limited (Registered number: 09931864)

Statement of Financial Position
31 December 2024

31/12/24 31/12/23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 225,000 210,000

CURRENT ASSETS
Debtors 5 81 74
Cash at bank 2,646 3,749
2,727 3,823
CREDITORS
Amounts falling due within one year 6 71,114 71,078
NET CURRENT LIABILITIES (68,387 ) (67,255 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

156,613

142,745

CREDITORS
Amounts falling due after more than one
year

7

(66,900

)

(68,864

)

PROVISIONS FOR LIABILITIES (15,149 ) (12,299 )
NET ASSETS 74,564 61,582

CAPITAL AND RESERVES
Called up share capital 2 2
Fair value reserve 64,582 52,432
Retained earnings 9,980 9,148
SHAREHOLDERS' FUNDS 74,564 61,582

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Robinson Property Lettings Limited (Registered number: 09931864)

Statement of Financial Position - continued
31 December 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 13 May 2025 and were signed on its behalf by:





S M Robinson - Director


Robinson Property Lettings Limited (Registered number: 09931864)

Notes to the Financial Statements
for the Year Ended 31 December 2024


1. STATUTORY INFORMATION

Robinson Property Lettings 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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus of deficit arising from changes in fair value is recognised in the Income Statement.

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.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY

If the investment property had not been revalued it would have been included at the historical cost of
£145,269 (2023 - £145,269).

The directors, having reviewed the local property market, have revalued the investment property at 31 December 2024.

Robinson Property Lettings Limited (Registered number: 09931864)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


4. INVESTMENT PROPERTY - continued

Fair value at 31 December 2024 is represented by:
£   
Valuation in 2017 24,731
Valuation in 2018 5,000
Valuation in 2019 5,000
Valuation in 2020 10,000
Valuation in 2021 10,000
Valuation in 2023 10,000
Valuation in 2024 15,000
Cost 145,269
225,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Other debtors 81 74

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Bank loans and overdrafts 4,340 4,195
Taxation and social security 195 192
Other creditors 66,579 66,691
71,114 71,078

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/12/24 31/12/23
£    £   
Bank loans 66,900 68,864

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 49,542 52,085

8. SECURED DEBTS

The following secured debts are included within creditors:

31/12/24 31/12/23
£    £   
Bank loans 71,240 73,059

The lender has registered both a fixed and floating charge on the company's investment property as security against the loan.

Robinson Property Lettings Limited (Registered number: 09931864)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


9. RELATED PARTY DISCLOSURES

During 2016, the directors loaned the company funds to assist with the purchase of the property. At 31 December 2024, the company owed the directors £64,340 (2023 - £64,340). The unsecured loan, within other creditors, is interest free and has no fixed repayment date.

10. GOING CONCERN

Despite net current liabilities of £68,368 at 31 December 2024 (2023 - £67,255), the accounts have been prepared on a going concern basis. The directors have reviewed the future cash flows of the business and have expressed their willingness to continue to financially support the company for the foreseeable future. The going concern basis of preparation is therefore deemed appropriate.