Robert Thomas (Investments) Limited 00721402 false 2024-01-01 2024-12-31 2024-12-31 The principal activity of the company is that of property developers, owners and managers of industrial and commercial trading estates Digita Accounts Production Advanced 6.30.9574.0 true 00721402 2024-01-01 2024-12-31 00721402 2024-12-31 00721402 core:CurrentFinancialInstruments 2024-12-31 00721402 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 00721402 core:LandBuildings 2024-12-31 00721402 bus:SmallEntities 2024-01-01 2024-12-31 00721402 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 00721402 bus:FilletedAccounts 2024-01-01 2024-12-31 00721402 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 00721402 bus:RegisteredOffice 2024-01-01 2024-12-31 00721402 bus:CompanySecretaryDirector1 2024-01-01 2024-12-31 00721402 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 00721402 countries:EnglandWales 2024-01-01 2024-12-31 00721402 core:LandBuildings 2023-12-31 00721402 2023-01-01 2023-12-31 00721402 2023-12-31 00721402 core:CurrentFinancialInstruments 2023-12-31 00721402 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 00721402 core:LandBuildings 2023-12-31 iso4217:GBP xbrli:pure

Registration number: 00721402

Prepared for the registrar
Robert Thomas (Investments) Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 31 December 2024

Robert Thomas (Investments) Limited

(Registration number: 00721402)
Balance Sheet as at 31 December 2024

| Note | 2024 £ | 2023 £
Fixed assets |  |  |
Tangible assets | 4 | 1,230,000 | 1,230,000
Current assets |  |  |
Debtors | 5 | 257,756 | 188,825
Cash at bank and in hand |  | 3,627 | 28
|  | 261,383 | 188,853
Creditors: Amounts falling due within one year | 6 | (108,244) | (94,757)
Net current assets |  | 153,139 | 94,096
Total assets less current liabilities |  | 1,383,139 | 1,324,096
Provision for liabilities |  | (127,650) | (127,650)
Net assets |  | 1,255,489 | 1,196,446
Capital and reserves |  |  |
Called up share capital |  | 900 | 900
Revaluation reserve |  | 1,089,254 | 1,089,254
Retained earnings |  | 165,335 | 106,292
Shareholders' funds |  | 1,255,489 | 1,196,446

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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.

Director's 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 2 September 2025

C M Hague
Company secretary and director

Robert Thomas (Investments) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

| 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:
Windsor House
Bayshill Road
Cheltenham
Gloucestershire
GL50 3AT

The principal place of business is:
Llandow Trading Estate
Llandow
Cowbridge
South Glamorgan
CF71 7PB

| 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 for, where disclosed in these accounting policies, certain items that are shown at fair value.

The presentational currency of the financial statements is Pounds Sterling, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are rounded to the nearest Pound.

Tax

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

The current 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 on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Key sources of estimation uncertainty

No key sources of estimation uncertainty have been identified by management in preparing these financial statements other than those detailed in these accounting policies.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the rent and service charges applying to the company's investment property.

Robert Thomas (Investments) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Investment property

The Company's property is held for long term investment and in accordance with FRS102 is held at fair value, with the surplus or deficit taken to the profit and loss account. No depreciation is provided on such properties. The non-provision of depreciation is not in accordance with the requirements of the Companies Act 2006 but it is considered necessary in order that the financial statements present a true and fair view.
The property has not been revalued by the director during the year.

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 tenants for services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. All trade debtors are repayable within one year and hence are included at the undiscounted cost of cash expected to be received. 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 debtors.

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 all are repayable within one year and hence are included at the undiscounted amount of cash expected to be paid.

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.

Financial instruments

Classification
Financial instruments are classified and accounted for according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability on the balance sheet. The corresponding dividends relating to the liability component are charged as interest expenses in the profit and loss account.

Recognition and measurement
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Impairment
Assets, other than those measured at fair value, are assessed for indicators of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss.

Robert Thomas (Investments) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

| 3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

| 4 | Tangible assets

| Freehold investment property £
Cost or valuation
At 1 January 2024 and 31 December 2024 | 1,230,000
Carrying amount
At 31 December 2024 | 1,230,000
At 31 December 2023 | 1,230,000

On 31 December 2024 the freehold investment property was valued by the director on an open market basis at £1,230,000 (2023 - £1,230,000). It has an historical cost of £13,096 (2023 - £13,096).

| 5 | Debtors

| 2024 £ | 2023 £
Trade debtors | 159,042 | 138,185
Other debtors | 98,714 | 50,640
| 257,756 | 188,825

| 6 | Creditors

| 2024 £ | 2023 £
Due within one year |  |
Trade creditors | 11,023 | 21,690
Taxation and social security | 15,109 | 3,363
Accruals and deferred income | 43,374 | 36,966
Other creditors | 38,738 | 32,738
| 108,244 | 94,757

| 7 | Related party transactions

Summary of transactions with other related parties

At 31 December 2024, the company was owed £Nil (2023: £Nil) by Llandow Trading Estate Limited, its parent company.

| 8 | Parent and ultimate parent undertaking

The company's immediate parent is Llandow Trading Estate Limited, incorporated in England and Wales.