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REGISTERED NUMBER: 12300574 (England and Wales)









Unaudited Financial Statements

for the Period

31st March 2023 to 29th September 2024

for

Rise Investments 38 Ltd

Rise Investments 38 Ltd (Registered number: 12300574)






Contents of the Financial Statements
for the Period 31st March 2023 to 29th September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Rise Investments 38 Ltd

Company Information
for the Period 31st March 2023 to 29th September 2024







DIRECTOR: R M Brazier





REGISTERED OFFICE: 3 Derby Road
Ripley
Derbyshire
DE5 3EA





REGISTERED NUMBER: 12300574 (England and Wales)





ACCOUNTANTS: Mabe Allen LLP
3 Derby Road
Ripley
Derbyshire
DE5 3EA

Rise Investments 38 Ltd (Registered number: 12300574)

Balance Sheet
29th September 2024

29.9.24 30.3.23
Notes £    £    £   
FIXED ASSETS
Investment property 4 - 97,613

CURRENT ASSETS
Debtors 5 54,774 44,774

CREDITORS
Amounts falling due within one year 6 22,153 100,525
NET CURRENT ASSETS/(LIABILITIES) 32,621 (55,751 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

32,621

41,862

CREDITORS
Amounts falling due after more than one
year

7

(29,828

)

(36,895

)

PROVISIONS FOR LIABILITIES - (1,900 )
NET ASSETS 2,793 3,067

CAPITAL AND RESERVES
Called up share capital 8 100 100
Fair value reserve - 8,100
Retained earnings 2,693 (5,133 )
SHAREHOLDERS' FUNDS 2,793 3,067

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29th September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 29th September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Rise Investments 38 Ltd (Registered number: 12300574)

Balance Sheet - continued
29th September 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 director and authorised for issue on 25th June 2025 and were signed by:





R M Brazier - Director


Rise Investments 38 Ltd (Registered number: 12300574)

Notes to the Financial Statements
for the Period 31st March 2023 to 29th September 2024

1. STATUTORY INFORMATION

Rise Investments 38 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.

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 1 (2023 - NIL ) .

Rise Investments 38 Ltd (Registered number: 12300574)

Notes to the Financial Statements - continued
for the Period 31st March 2023 to 29th September 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 31st March 2023 97,613
Disposals (97,613 )
At 29th September 2024 -
NET BOOK VALUE
At 29th September 2024 -
At 30th March 2023 97,613

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.9.24 30.3.23
£    £   
Other debtors 54,774 44,774

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.9.24 30.3.23
£    £   
Bank loans and overdrafts 3,510 3,462
Tax 693 -
Other creditors 13,867 1,367
Directors' loan accounts 3,452 94,996
Accrued expenses 631 700
22,153 100,525

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
29.9.24 30.3.23
£    £   
Metro Bank 29,828 36,895

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.9.24 30.3.23
value: £    £   
100 Ordinary £1 100 100