IRIS Accounts Production v25.1.3.33 12868745 Board of Directors 1.10.23 30.9.24 30.9.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh128687452023-09-30128687452024-09-30128687452023-10-012024-09-30128687452022-09-30128687452022-10-012023-09-30128687452023-09-3012868745ns15:EnglandWales2023-10-012024-09-3012868745ns14:PoundSterling2023-10-012024-09-3012868745ns10:Director12023-10-012024-09-3012868745ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3012868745ns10:SmallEntities2023-10-012024-09-3012868745ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3012868745ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3012868745ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3012868745ns10:FullAccounts2023-10-012024-09-3012868745ns10:Director22023-10-012024-09-3012868745ns10:Director32023-10-012024-09-3012868745ns10:RegisteredOffice2023-10-012024-09-3012868745ns5:CurrentFinancialInstruments2024-09-3012868745ns5:CurrentFinancialInstruments2023-09-3012868745ns5:ShareCapital2024-09-3012868745ns5:ShareCapital2023-09-3012868745ns5:RetainedEarningsAccumulatedLosses2024-09-3012868745ns5:RetainedEarningsAccumulatedLosses2023-09-3012868745ns5:LeaseholdImprovements2023-09-3012868745ns5:PlantMachinery2023-09-3012868745ns5:FurnitureFittings2023-09-3012868745ns5:LeaseholdImprovements2023-10-012024-09-3012868745ns5:PlantMachinery2023-10-012024-09-3012868745ns5:FurnitureFittings2023-10-012024-09-3012868745ns5:LeaseholdImprovements2024-09-3012868745ns5:PlantMachinery2024-09-3012868745ns5:FurnitureFittings2024-09-3012868745ns5:LeaseholdImprovements2023-09-3012868745ns5:PlantMachinery2023-09-3012868745ns5:FurnitureFittings2023-09-3012868745ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3012868745ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-30
REGISTERED NUMBER: 12868745 (England and Wales)










RJN Baron Properties Ltd

Unaudited Financial Statements

for the Year Ended 30 September 2024






RJN Baron Properties Ltd (Registered number: 12868745)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RJN Baron Properties Ltd

Company Information
for the Year Ended 30 September 2024







DIRECTORS: Mr Jonathan Baron
Mr Nicholas Baron
Mr Richard Baron





REGISTERED OFFICE: Wilkinson Fold
Twiston Lane
Twiston
England
BB7 4DB





REGISTERED NUMBER: 12868745 (England and Wales)






RJN Baron Properties Ltd (Registered number: 12868745)

Balance Sheet
30 September 2024

2024 2023
Notes £    £   
Fixed assets
Tangible assets 4 17,588 20,599

Current assets
Debtors 5 8,424 4,144
Cash at bank 27,502 13,476
35,926 17,620
Creditors
Amounts falling due within one year 6 (38,802 ) (27,807 )
Net current liabilities (2,876 ) (10,187 )
Total assets less current liabilities 14,712 10,412

Capital and reserves
Called up share capital 3 3
Retained earnings 14,709 10,409
14,712 10,412

RJN Baron Properties Ltd (Registered number: 12868745)

Balance Sheet - continued
30 September 2024


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 and Statement of Retained Earnings 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:





Mr Jonathan Baron - Director


RJN Baron Properties Ltd (Registered number: 12868745)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. GENERAL INFORMATION

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Wilkinson Fold
Twiston Lane
Twiston
England
BB7 4DB

2. ACCOUNTING POLICIES

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND KEY ACCOUNTING ESTIMATES
The principal accounting policies applied in the preparation of these financial statements are set out below.These policies have been consistently applied to all the years presented, unless otherwise stated.

STATEMENT OF COMPLIANCE
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

BASIS OF PREPARATION
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

REVENUE RECOGNITION
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

CASH AND CASH EQUIVALENTS
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

RJN Baron Properties Ltd (Registered number: 12868745)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued

TANGIBLE FIXED ASSETS
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

DEPRECIATION
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset classDepreciation method and rate
Improvements to property10% on cost
Plant and machinery15% on reducing balance
Fixtures and fittings15% on reducing balance

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account and Statement of Retained Earnings, 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.

TRADE DEBTORS
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

TRADE CREDITORS
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised costusing the effective interest method.

SHARE CAPITAL
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

RJN Baron Properties Ltd (Registered number: 12868745)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 October 2023
and 30 September 2024 15,813 6,763 7,272 29,848
DEPRECIATION
At 1 October 2023 4,744 1,916 2,589 9,249
Charge for year 1,581 727 703 3,011
At 30 September 2024 6,325 2,643 3,292 12,260
NET BOOK VALUE
At 30 September 2024 9,488 4,120 3,980 17,588
At 30 September 2023 11,069 4,847 4,683 20,599

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 6,721 2,419
Prepayments 1,703 1,725
8,424 4,144

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Corporation tax 1,698 1,115
Credit card account 65 92
Other creditors 5,071 5,071
Directors' current accounts 14,619 11,461
Accrued expenses 1,200 3,074
Deferred income 16,149 6,994
38,802 27,807