REGISTERED NUMBER: 12491457 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

RFS Property Investments Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G E Russell

Mrs N Russell

REGISTERED OFFICE:

Oak View House

20 Picton Close

Rayleigh

SS6 7LD

REGISTERED NUMBER:

12491457 (England and Wales)

ACCOUNTANTS:

Banks Sheridan

Datum House

Electra Way

Crewe

Cheshire

CW1 6ZF

FIXED ASSETS

Investments

5

1

1

Investment property

6

435,000

460,000

435,001

460,001

CURRENT ASSETS

Debtors

7

2,802

3,773

Cash at bank

9,621

3,152

12,423

6,925

CREDITORS

Amounts falling due within one year

8

(1,710

)

(87,705

)

NET CURRENT ASSETS/(LIABILITIES)

10,713

(80,780

)

TOTAL ASSETS LESS CURRENT LIABILITIES

445,714

379,221

CREDITORS

Amounts falling due after more than one year

9

(432,152

)

(341,220

)

PROVISIONS FOR LIABILITIES

11

(6,587

)

(12,837

)

NET ASSETS

6,975

25,164

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

6,875

25,064

6,975

25,164

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 21 October 2025 and were signed on its behalf by:

G E Russell - Director

1.	STATUTORY INFORMATION

RFS Property Investments Ltd ('The Company') is a private company limited by shares and is incorporated in England and Wales. The address of the principal place of business and of the registered office is Oakview House, 20 Picton Close, Rayleigh, Essex SS6 7LD. The registered number can be found on the Company Information page.

The functional and presentational currency of the financial statements is the Pound Sterling (£). Monetary amounts in these financial statements are rounded to the nearest £.

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented, unless otherwise stated.

Basis of preparation

The financial statements are prepared on the going concern basis under the historical cost convention and comply with the United Kingdom Accounting Standards and Companies Act 2006.

Going concern

No material uncertainties that may cast significant doubt about the ability of the company to continue as a going concern have been identified by the directors. The directors therefore consider it appropriate to prepare the financial statements on the going concern basis.

Revenue recognition

Revenue represents property rental income received in the year from investment properties. Rentals are recognised on a straight line basis over the period of the lease or to the date of the next rent review.

Investment property

Investment properties are shown at fair value, the fair value is reviewed annually by the directors. Any aggregate surplus or deficit arising from changes in the fair value in the year is recognised in the profit or loss within the Statement of Comprehensive Income. The cumulative fair value surplus on the investment property is highlighted in the notes to the financial statements as non-distributable reserves.

Unlisted Investments

Unlisted investments are shown at cost, less any impairment.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

and 31 March 2025

1

NET BOOK VALUE

At 31 March 2025

1

At 31 March 2024

1

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

460,000

Revaluations

(25,000

)

At 31 March 2025

435,000

NET BOOK VALUE

At 31 March 2025

435,000

At 31 March 2024

460,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2025

435,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

674

3,298

Other debtors

2,128

475

2,802

3,773

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

-

86,602

Other creditors

1,710

1,103

1,710

87,705

Interest has been charged on amounts due to group undertaking at a rate of 5% per annum.

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 10)

341,220

341,220

Amounts owed to group undertakings

90,932

-

432,152

341,220

Interest has been charged on amounts due to group undertaking at a rate of 5% per annum.

10.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due between two and five years:

Bank loans - 2-5 years

341,220

341,220

11.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

6,587

12,837

Deferred

tax

£

Balance at 1 April 2024

12,837

Credit to Income Statement during year

(6,250

)

Balance at 31 March 2025

6,587

12.	NON-DISTRIBUTABLE RESERVE

Included within retained earning is an amount of £19,760 (2024: £38,510) which is a non-distributable reserve.