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REGISTERED NUMBER: 02520233 (England and Wales)


















RBD ENTERPRISES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024






RBD ENTERPRISES LIMITED (REGISTERED NUMBER: 02520233)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


RBD ENTERPRISES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: J W Phillips
C E Phillips
D J Phillips





SECRETARY: J W Phillips





REGISTERED OFFICE: Ash Hall
Ystradowen
COWBRIDGE
Vale of Glamorgan
CF71 7SY





REGISTERED NUMBER: 02520233 (England and Wales)





ACCOUNTANTS: MHA (trading name of MHA Advisory Limited)
Elfed House
Oak Tree Court
Cardiff Gate Business Park
CARDIFF
County of Cardiff
CF23 8RS

RBD ENTERPRISES LIMITED (REGISTERED NUMBER: 02520233)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 - 12
Investments 5 121,364 121,364
Investment property 6 600,000 681,199
721,364 802,575

CURRENT ASSETS
Debtors 7 4,716 127
Cash at bank 751,164 588,424
755,880 588,551
CREDITORS
Amounts falling due within one year 8 (366,077 ) (255,135 )
NET CURRENT ASSETS 389,803 333,416
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,111,167

1,135,991

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 1,111,067 1,135,891
SHAREHOLDERS' FUNDS 1,111,167 1,135,991

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 May 2025 and were signed on its behalf by:





J W Phillips - Director


RBD ENTERPRISES LIMITED (REGISTERED NUMBER: 02520233)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

RBD Enterprises 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.

The company's functional and presentational currency in the financial statements is the Sterling (£), rounded to the nearest pound.

The significant accounting policies applied in the presentation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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.

There have been no material departures from Financial Reporting Standard 102 1A.

Preparation of consolidated financial statements
The financial statements contain information about RBD Enterprises Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover consists of dividends receivable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% p.a. straight line basis
Fixtures and Fittings - 25% p.a. straight line basis

Fixed assets are stated at cost.

Investment property
Investment properties are included at fair value. Gains are recognised in the profit and loss statement. Deferred taxation is provided on these gains at the rate expected to apply when the asset is sold.

Current tax
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the year and is calculated using the tax rates and laws that have been enacted or substantively enacted at 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 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.

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.

RBD ENTERPRISES LIMITED (REGISTERED NUMBER: 02520233)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


2. ACCOUNTING POLICIES - continued

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.

Fixed asset investments
Fixed asset investments are stated at cost less a provision for permanent diminution in value.

Employee benefits
When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

Non-derivative financial instruments
Basic financial instruments are recognised at amortised cost.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery Fittings Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 6,700 9,494 16,194
DEPRECIATION
At 1 October 2023 6,688 9,494 16,182
Charge for year 12 - 12
At 30 September 2024 6,700 9,494 16,194
NET BOOK VALUE
At 30 September 2024 - - -
At 30 September 2023 12 - 12

5. FIXED ASSET INVESTMENTS
Shares in
group
companies
£   
COST
At 1 October 2023
and 30 September 2024 121,364
NET BOOK VALUE
At 30 September 2024 121,364
At 30 September 2023 121,364

RBD ENTERPRISES LIMITED (REGISTERED NUMBER: 02520233)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023 681,199
Revaluations (81,199 )
At 30 September 2024 600,000
NET BOOK VALUE
At 30 September 2024 600,000
At 30 September 2023 681,199

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2024 600,000

The investment property was valued on a fair value basis at 19 February 2024 by H M Evans MRICS FAAV, working under the employment of Watts & Morgan LLP, a firm of chartered surveyors and valuers. In valuing the property, consideration was given to repair and condition, town planning and development, and marketability based on sales prices of comparable properties in a similar area.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 4,716 -
Prepayments - 127
4,716 127

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Social security and other taxes 981 1,107
Other creditors 280,021 191,265
Directors' current accounts 81,749 59,596
Accruals and deferred income 3,326 3,167
366,077 255,135

9. CALLED UP SHARE CAPITAL

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