2 1 R W Property Investments Ltd 11612739 false 2024-05-01 2025-04-30 2025-04-30 The principal activity of the company is investment in property. Digita Accounts Production Advanced 6.30.9574.0 true 11612739 2024-05-01 2025-04-30 11612739 2025-04-30 11612739 bus:OrdinaryShareClass1 2025-04-30 11612739 core:CurrentFinancialInstruments 2025-04-30 11612739 core:CurrentFinancialInstruments core:WithinOneYear 2025-04-30 11612739 core:Non-currentFinancialInstruments core:AfterOneYear 2025-04-30 11612739 core:FurnitureFittingsToolsEquipment 2025-04-30 11612739 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2025-04-30 11612739 core:OtherRelatedParties 2025-04-30 11612739 bus:SmallEntities 2024-05-01 2025-04-30 11612739 bus:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 11612739 bus:FilletedAccounts 2024-05-01 2025-04-30 11612739 bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 11612739 bus:RegisteredOffice 2024-05-01 2025-04-30 11612739 bus:Director1 2024-05-01 2025-04-30 11612739 bus:Director2 2024-05-01 2025-04-30 11612739 bus:OrdinaryShareClass1 2024-05-01 2025-04-30 11612739 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 11612739 bus:Agent1 2024-05-01 2025-04-30 11612739 core:FurnitureFittingsToolsEquipment 2024-05-01 2025-04-30 11612739 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-05-01 2025-04-30 11612739 core:OtherRelatedParties 2024-05-01 2025-04-30 11612739 countries:England 2024-05-01 2025-04-30 11612739 2024-04-30 11612739 core:FurnitureFittingsToolsEquipment 2024-04-30 11612739 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-04-30 11612739 core:OtherRelatedParties 2024-04-30 11612739 2023-05-01 2024-04-30 11612739 2024-04-30 11612739 bus:OrdinaryShareClass1 2024-04-30 11612739 core:CurrentFinancialInstruments 2024-04-30 11612739 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 11612739 core:Non-currentFinancialInstruments core:AfterOneYear 2024-04-30 11612739 core:FurnitureFittingsToolsEquipment 2024-04-30 11612739 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-04-30 11612739 core:OtherRelatedParties 2024-04-30 11612739 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-05-01 2024-04-30 11612739 core:OtherRelatedParties 2023-05-01 2024-04-30 11612739 2023-04-30 11612739 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-04-30 11612739 core:OtherRelatedParties 2023-04-30 xbrli:pure iso4217:GBP xbrli:shares

Registration number: 11612739

R W Property Investments Ltd

Unaudited Filleted Financial Statements

for the Year Ended 30 April 2025

 

R W Property Investments Ltd

Contents

Company Information

1

Statement of financial position

2

Notes to the Unaudited Financial Statements

3 to 7

 

R W Property Investments Ltd

Company Information

Directors

Mr R Willis

Mrs S Willis

Registered office

19 King Street
King's Lynn
Norfolk
PE30 1HB

Accountants

Hayhow & Co
Chartered Certified Accountants & Business Advisers19 King Street
King's Lynn
Norfolk
PE30 1HB

 

R W Property Investments Ltd

(Registration number: 11612739)
Statement of financial position as at 30 April 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

4

1,598

2,130

Investment property

5

286,140

286,140

 

287,738

288,270

Current assets

 

Debtors

6

100,061

100,000

Cash at bank and in hand

 

16,525

1,898

 

116,586

101,898

Creditors: Amounts falling due within one year

7

(105,245)

(104,387)

Net current assets/(liabilities)

 

11,341

(2,489)

Total assets less current liabilities

 

299,079

285,781

Creditors: Amounts falling due after more than one year

7

(253,022)

(263,022)

Net assets

 

46,057

22,759

Capital and reserves

 

Called up share capital

8

100

100

Retained earnings

45,957

22,659

Shareholders' funds

 

46,057

22,759

For the financial year ending 30 April 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 and 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 Statement of comprehensive income.

Approved and authorised by the Board on 22 August 2025 and signed on its behalf by:
 

.........................................
Mr R Willis
Director

 

R W Property Investments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

1

General information

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

The address of its registered office is:
19 King Street
King's Lynn
Norfolk
PE30 1HB

These financial statements were authorised for issue by the Board on 22 August 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.

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.

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 income 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.

Tangible assets

Tangible assets are stated in the statement of financial position 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.

 

R W Property Investments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

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:

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.

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.

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 cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the statement of comprehensive income over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

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.

 

R W Property Investments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 1).

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 May 2024

2,840

2,840

At 30 April 2025

2,840

2,840

Depreciation

At 1 May 2024

710

710

Charge for the year

532

532

At 30 April 2025

1,242

1,242

Carrying amount

At 30 April 2025

1,598

1,598

At 30 April 2024

2,130

2,130

5

Investment properties

2025
£

At 1 May

286,140

At 30 April

286,140

6

Debtors

Note

2025
£

2024
£

Amounts owed by group undertakings and undertakings in which the company has a participating interest

9

100,000

100,000

Prepayments

 

61

-

 

100,061

100,000

 

R W Property Investments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

7

Creditors

Creditors: amounts falling due within one year

Note

2025
£

2024
£

Due within one year

 

Loans and borrowings

10,000

10,000

Trade creditors

 

238

-

Amounts due to related parties

9

92,655

93,667

Accruals

 

720

720

Tax liability

1,632

-

 

105,245

104,387

Due after one year

 

Loans and borrowings

253,022

263,022

Creditors due after one year include an interest only mortgage which is secured of £194,600. The mortgage is secured on the investment property purchased in the year.

8

Share capital

Allotted, called up and fully paid shares

2025

2024

No.

£

No.

£

Ordinary Shares of £1 each

100

100

100

100

       

Each share is entitled to one vote in any circumstances and each share is also entitled pari passu to dividend payments or any other distribution, including a distribution arising from a winding up of the company.

 

R W Property Investments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

9

Related party transactions

Summary of transactions with other related parties

A2B Transport (Kings Lynn) Limited, R&S Van Hire Ltd, R W Haulage (Kings Lynn) Limited. Director and shareholder of A2B Transport (Kings Lynn) Limited and R&S Van Hire Ltd are related to the director and shareholder of R W Property Investments Ltd. R W Haulage (Kings Lynn) Limited and R W Property Investments Ltd have the same director and shareholder.

Loans to related parties

2025

Other related parties
£

Total
£

At start of period

100,000

100,000

At end of period

100,000

100,000

2024

Other related parties
£

Total
£

At start of period

100,000

100,000

At end of period

100,000

100,000

Loans from related parties

2025

Key management
£

Other related parties
£

Total
£

At start of period

93,667

51,001

144,668

Repaid

(1,012)

-

(1,012)

At end of period

92,655

51,001

143,656

2024

Key management
£

Other related parties
£

Total
£

At start of period

-

46,501

46,501

Advanced

93,667

4,500

98,167

At end of period

93,667

51,001

144,668