Ratcliffe Properties (Bristol) Limited 09053075 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is that of letting and operating property. Digita Accounts Production Advanced 6.30.9574.0 true true 09053075 2024-04-01 2025-03-31 09053075 2025-03-31 09053075 core:RetainedEarningsAccumulatedLosses 2025-03-31 09053075 core:RevaluationReserve 2025-03-31 09053075 core:ShareCapital 2025-03-31 09053075 core:CurrentFinancialInstruments 2025-03-31 09053075 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 09053075 bus:SmallEntities 2024-04-01 2025-03-31 09053075 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 09053075 bus:FilletedAccounts 2024-04-01 2025-03-31 09053075 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09053075 bus:RegisteredOffice 2024-04-01 2025-03-31 09053075 bus:Director1 2024-04-01 2025-03-31 09053075 bus:Director2 2024-04-01 2025-03-31 09053075 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09053075 core:LandBuildings 2024-04-01 2025-03-31 09053075 countries:EnglandWales 2024-04-01 2025-03-31 09053075 2024-03-31 09053075 2023-04-01 2024-03-31 09053075 2024-03-31 09053075 core:RetainedEarningsAccumulatedLosses 2024-03-31 09053075 core:RevaluationReserve 2024-03-31 09053075 core:ShareCapital 2024-03-31 09053075 core:CurrentFinancialInstruments 2024-03-31 09053075 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 iso4217:GBP xbrli:pure

Registration number: 09053075

Ratcliffe Properties (Bristol) Limited

Annual Report and Unaudited Filleted Financial Statements

for the Year Ended 31 March 2025

 

Ratcliffe Properties (Bristol) Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 6

 

Ratcliffe Properties (Bristol) Limited

Company Information

Directors

D B Curwen

S Kumordzie

Registered office

8 Marine Place
Clevedon
BS21 7FX

Accountants

Burton Sweet Limited
Chartered Accountants and Business Advisers
Spencer House
Morston Court
Aisecome Way
Weston-super-Mare
North Somerset
BS22 8NG

 

Ratcliffe Properties (Bristol) Limited

(Registration number: 09053075)
Balance Sheet
31 March 2025

Note

2025
£

2024
£

Fixed assets

 

Investment property

4

185,000

185,000

Current assets

 

Debtors

5

-

240

Cash at bank and in hand

 

1,837

2,340

 

1,837

2,580

Creditors: Amounts falling due within one year

6

(58,565)

(70,020)

Net current liabilities

 

(56,728)

(67,440)

Total assets less current liabilities

 

128,272

117,560

Provisions for liabilities

(5,000)

(5,000)

Net assets

 

123,272

112,560

Capital and reserves

 

Called up share capital

100

100

Fair value reserve

14,731

14,731

Retained earnings

108,441

97,729

Shareholders' funds

 

123,272

112,560

 

Ratcliffe Properties (Bristol) Limited

(Registration number: 09053075)
Balance Sheet
31 March 2025

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 8 July 2025 and signed on its behalf by:
 

.........................................
D B Curwen
Director

.........................................
S Kumordzie
Director

 

Ratcliffe Properties (Bristol) Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

1

General information

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

The address of its registered office is:
8 Marine Place
Clevedon
BS21 7FX

These financial statements were authorised for issue by the Board on 8 July 2025.

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.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of 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.

 

Ratcliffe Properties (Bristol) Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Depreciation

Asset class

Depreciation method and rate

Freehold property

0%

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Trade debtors

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

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 0).

 

Ratcliffe Properties (Bristol) Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

4

Investment properties

2025
£

At 1 April

185,000

At 31 March

185,000

There has been no valuation of investment property by an independent valuer.

5

Debtors

2025
£

2024
£

Trade debtors

-

240

-

240

6

Creditors

Creditors: amounts falling due within one year

2025
£

2024
£

Due within one year

Taxation and social security

2,747

3,550

Accruals and deferred income

648

612

Other creditors

55,170

65,858

58,565

70,020