REGISTERED NUMBER: 12402832 (England and Wales)

RAD & AUBERT PROPERTIES LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Aubert

Mrs A Aubert

REGISTERED OFFICE:

6 Princes Road

Southampton

Hampshire

SO15 3AY

REGISTERED NUMBER:

12402832 (England and Wales)

BANKERS:

National Westminster Bank Plc

43 Commercial Road

Totton

Southampton

SO40 3TU

FIXED ASSETS

Tangible assets

4

-

283

Investment property

5

452,000

453,000

452,000

453,283

CURRENT ASSETS

Debtors

6

858

-

Cash at bank

6,065

9,525

6,923

9,525

CREDITORS

Amounts falling due within one year

7

(2,776

)

(3,770

)

NET CURRENT ASSETS

4,147

5,755

TOTAL ASSETS LESS CURRENT LIABILITIES

456,147

459,038

CREDITORS

Amounts falling due after more than one year

8

(320,681

)

(316,549

)

PROVISIONS FOR LIABILITIES

(2,482

)

(2,803

)

NET ASSETS

132,984

139,686

CAPITAL AND RESERVES

Called up share capital

100

100

Non-distributable reserves

7,447

8,197

Retained earnings

125,437

131,389

132,984

139,686

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 August 2025 and were signed on its behalf by:

M Aubert - Director

Mrs A Aubert - Director

1.	STATUTORY INFORMATION

Rad & Aubert Properties Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standards applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies' regime.

The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

Straight line over 4 years

Investment property

Investment property is shown at the most recent valuation. Any aggregates surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Financial assets

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial assets are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other receivables and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Financial liabilities

Basic financial liabilities, which include trade and other payables, are initially measured at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Equity instruments

Equity instruments issued by the company are recorded at the fair value of the proceeds received net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 July 2024

and 30 June 2025

1,127

DEPRECIATION

At 1 July 2024

844

Charge for year

283

At 30 June 2025

1,127

NET BOOK VALUE

At 30 June 2025

-

At 30 June 2024

283

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2024

453,000

Revaluations

(1,000

)

At 30 June 2025

452,000

NET BOOK VALUE

At 30 June 2025

452,000

At 30 June 2024

453,000

Fair value at 30 June 2025 is represented by:

£

Valuation in 2021

(2,664

)

Valuation in 2022

(14,407

)

Valuation in 2023

28,000

Valuation in 2025

(1,000

)

Cost

442,071

452,000

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

442,071

442,071

Investment property was valued on an open market basis on 30 June 2025 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

858

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

999

2,110

Other creditors

1,777

1,660

2,776

3,770

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

320,681

316,549

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

320,681

316,549

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

320,681

316,549