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Registration number: 14695223

RBS Property Investments Limited
Unaudited Filleted Financial Statements
for the Year Ended 28 February 2025

RBS Property Investments Limited

Contents

Statement of Financial Position | 1
Notes to the Unaudited Financial Statements | 2 to 5

RBS Property Investments Limited

(Registration number: 14695223)
Statement of Financial Position as at 28 February 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Investment property | 4 | 125,000 | 109,560
Current assets |  |  |
Debtors | 5 | 500 | 535
Cash at bank and in hand |  | 8,971 | 3,993
|  | 9,471 | 4,528
Creditors: Amounts falling due within one year | 6 | (111,687) | (111,467)
Net current liabilities |  | (102,216) | (106,939)
Total assets less current liabilities |  | 22,784 | 2,621
Provisions for liabilities |  | (2,924) | -
Net assets |  | 19,860 | 2,621
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Profit and loss account |  | 19,760 | 2,521
Shareholders' funds |  | 19,860 | 2,621

For the financial year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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 their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and 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 Statement of Comprehensive Income.

Approved and authorised by the director on 27 October 2025

R B Spiller Director

RBS Property Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

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:
Yew Tree Cottage
Buckerell
Honiton
Devon
EX14 3EJ

Principal activity

The principal activity of the company is property investment.

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 that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling which is the functional currency of the entity.

Going concern

The financial statements have been prepared on a going concern basis.

RBS Property Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025 (continued)

2 | Accounting policies (continued)

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

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

The current income 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 in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks, 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. In the statement of financial position, bank overdrafts are shown within borrowing or current liabilities

RBS Property Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025 (continued)

2 | Accounting policies (continued)

Financial instruments

Recognition and measurement
A financial asset or a financial liability is recognised only when the company becomes party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

4 | Investment properties

| 2025 £
At 1 March | 109,560
Additions | 50
Fair value adjustments | 15,390
At 28 February | 125,000

Investment properties are held at fair value and not subject to depreciation. The investment properties have been valued by the director and their historic cost is £109,610.

5 | Debtors

| 2025 £ | 2024 £
Other debtors | 500 | 500
Prepayments | - | 35
| 500 | 535

RBS Property Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025 (continued)

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Taxation and social security | 1,119 | 704
Accruals and deferred income | 1,178 | 1,500
Other creditors | 109,390 | 109,263
| 111,687 | 111,467

7 | Reserves

Profit and loss account:
This reserve records retained earnings and accumulated losses. Accumulated undistributable reserves at 28 February 2025 amounted to £12,466.

8 | Related party transactions

Other transactions with the director

At 28 February 2025 amounts owed to directors by way of loan were £315 (2024: £187). Directors’ loans are repayable on demand and subject to interest on overdrawn balances at the official rate.

Summary of transactions with other related parties

Included in other creditors within one year is a loan due to a company under common ownership, amounting to £108,675 (2024: £108,675). The loan is interest free and repayable on demand.