Registered number
08995776
Walter Robyn Properties Ltd
Filleted Accounts
30 April 2025
Walter Robyn Properties Ltd
Registered number: 08995776
Balance Sheet
as at 30 April 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 823,963 827,019
Current assets
Debtors 4 5,478 1,035
Cash at bank and in hand 67,355 31,209
72,833 32,244
Creditors: amounts falling due within one year 5 (11,141) (5,292)
Net current assets 61,692 26,952
Total assets less current liabilities 885,655 853,971
Creditors: amounts falling due after more than one year 6 (747,764) (755,546)
Net assets 137,891 98,425
Capital and reserves
Called up share capital 1,000 100
Profit and loss account 136,891 98,325
Shareholders' funds 137,891 98,425
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mrs H Marshall
Director
Approved by the board on 9 July 2025
Walter Robyn Properties Ltd
Notes to the Accounts
for the year ended 30 April 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover represents the value of rentals received from residential property lettings, and income received from maintenance work undertaken.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold properties, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment over 5 years
Motor Vehicles over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Land and buildings Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 May 2024 813,948 2,849 15,900 832,697
Disposals - (378) - (378)
At 30 April 2025 813,948 2,471 15,900 832,319
Depreciation
At 1 May 2024 - 1,014 4,664 5,678
Charge for the year - 349 2,618 2,967
On disposals - (289) - (289)
At 30 April 2025 - 1,074 7,282 8,356
Net book value
At 30 April 2025 813,948 1,397 8,618 823,963
At 30 April 2024 813,948 1,835 11,236 827,019
4 Debtors 2025 2024
£ £
Trade debtors 3,945 -
Other debtors 1,533 1,035
5,478 1,035
5 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 576 53
Corporation tax 9,905 4,609
Other taxes and social security costs 300 240
Other creditors 360 390
11,141 5,292
6 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loan 80,075 80,075
Other creditors - Directors' Loans 667,689 675,471
747,764 755,546
7 Loans 2025 2024
£ £
Creditors include:
Secured bank loan 80,075 80,075
The secured bank loan is secured by way of a fixed charge over one of the company's freehold properties.
8 Other information
Walter Robyn Properties Ltd is a private company limited by shares and incorporated in England. Its registered office is:
19 Miller Close
Langstone
Newport
South Wales
NP18 2LE
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