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Company Registration No. 13481600 (England and Wales)
RPL DEVELOPMENTS LTD Filleted accounts for the year ended 30 June 2025
RPL DEVELOPMENTS LTD Filleted accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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RPL DEVELOPMENTS LTD Company Information for the year ended 30 June 2025
Directors
Lee Murphy Patrick Murphy
Company Number
13481600 (England and Wales)
Accountants
SSJ Accountants Ltd 173A High Street Beckenham Kent BR3 1AH
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of RPL DEVELOPMENTS LTD for the year ended 30 June 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of RPL DEVELOPMENTS LTD for the year ended 30 June 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of RPL DEVELOPMENTS LTD, as a body, in accordance with the terms of our engagement letter dated 25 June 2021. Our work has been undertaken solely to prepare for your approval the accounts of RPL DEVELOPMENTS LTD and state those matters that we have agreed to state to the Board of Directors of RPL DEVELOPMENTS LTD, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than RPL DEVELOPMENTS LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that RPL DEVELOPMENTS LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of RPL DEVELOPMENTS LTD. You consider that RPL DEVELOPMENTS LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of RPL DEVELOPMENTS LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
SSJ Accountants Ltd Chartered Accountants 173A High Street Beckenham Kent BR3 1AH 2 July 2025
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RPL DEVELOPMENTS LTD Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Investments
4
-
130,000
Current assets
Inventories
5
-
3,684,815
Debtors
6
1,160,908
-
Cash at bank and in hand
1,715
93,421
1,162,623
3,778,236
Creditors: amounts falling due within one year
7
(132,859)
(266,203)
Net current assets
1,029,764
3,512,033
Total assets less current liabilities
1,029,764
3,642,033
Creditors: amounts falling due after more than one year
8
(846,944)
(3,667,051)
Net assets/(liabilities)
182,820
(25,018)
Capital and reserves
Called up share capital
100
100
Profit and loss account
182,720
(25,118)
Shareholders' funds
182,820
(25,018)
For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 July 2025 and were signed on its behalf by
Lee Murphy Director Company Registration No. 13481600
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RPL DEVELOPMENTS LTD Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
RPL DEVELOPMENTS LTD is a private company, limited by shares, registered in England and Wales, registration number 13481600.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Investments
Subsidiary undertakings
£
Valuation at 1 July 2024
130,000
Fair value adjustments
(130,000)
Valuation at 30 June 2025
-
5
Inventories
2025
2024
£
£
Work in progress
-
3,684,815
-
3,684,815
Inventories comprises of properties and are stated lower of cost and estimated selling price less costs to complete and sell. Cost comprises of direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventory to their present location and condition.
6
Debtors
2025
2024
£
£
Amounts falling due after more than one year
Amounts due from group undertakings etc.
1,160,908
-
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RPL DEVELOPMENTS LTD Notes to the Accounts for the year ended 30 June 2025
7
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
60,270
53,748
Taxes and social security
72,594
(7,445)
Other creditors
-
7,000
Loans from directors
(5)
212,900
132,859
266,203
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
2,647,870
Amounts owed to group undertakings and other participating interests
846,944
1,019,181
846,944
3,667,051
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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