| R.K.R. PROPERTY INVESTMENT LIMITED |
| Registered number: |
05027132 |
| Balance Sheet |
| as at 31 January 2025 |
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| Notes |
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|
2025 |
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|
2024 |
| £ |
£ |
| Fixed assets |
| Investment property |
3 |
|
|
420,245 |
|
|
420,245 |
|
| Current assets |
| Cash at bank and in hand |
|
|
5,432 |
|
|
1,820 |
|
| Creditors: amounts falling due within one year |
4 |
|
(214,168) |
|
|
(210,195) |
|
| Net current liabilities |
|
|
|
(208,736) |
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|
(208,375) |
|
| Total assets less current liabilities |
|
|
|
211,509 |
|
|
211,870 |
|
| Creditors: amounts falling due after more than one year |
5 |
|
|
(89,314) |
|
|
(99,325) |
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| Net assets |
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|
|
122,195 |
|
|
112,545 |
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| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
122,095 |
|
|
112,445 |
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| Shareholders' funds |
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|
122,195 |
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|
112,545 |
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| The director is 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 director acknowledges his 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. |
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|
| Alpesh Patel |
| Director |
| Approved by the board on 10 October 2025 |
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| R.K.R. PROPERTY INVESTMENT LIMITED |
| Notes to the Accounts |
| for the year ended 31 January 2025 |
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| 1 |
Accounting policies |
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Basis of preparation |
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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). |
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Rental income |
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Rental income represents rent receivable, excluding value-added tax. |
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Investment property |
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Investment properties are included at fair values. Any surplus or deficit is dealt with through profit and loss. No depreciation is provided in respect of investment properties. |
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Taxation |
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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. |
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| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
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Average number of persons employed by the company |
2 |
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2 |
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| 3 |
Investment properties |
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| £ |
|
Fair value |
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At 1 February 2024 |
420,245 |
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At 31 January 2025 |
420,245 |
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Above fair value was estimated by company directors at 31 January 2025 |
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| 4 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
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Bank loans and overdrafts |
11,000 |
|
11,000 |
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Trade creditors |
1,094 |
|
1,063 |
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Taxes and social security |
2,264 |
|
1,792 |
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Directors and family loans |
199,810 |
|
196,340 |
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|
|
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|
214,168 |
|
210,195 |
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| 5 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
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Bank loans |
89,314 |
|
99,325 |
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| 6 |
Loans |
2025 |
|
2024 |
| £ |
£ |
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Creditors include: |
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Instalments falling due for payment after more than five years |
45,314 |
|
55,325 |
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Secured bank loans |
100,314 |
|
110,325 |
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Bank loans are secured by charges over the asset of the company. Director and company secretary have also given their personal guarantee. |
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| 7 |
Other information |
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R.K.R. PROPERTY INVESTMENT LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
|
46 Oakleigh Avenue |
|
Edgware |
|
Middlesex |
|
HA8 5DR |