R & J L Investments Limited - Filleted accounts

Registered number

05813054

R & J L Investments Limited

Unaudited Financial Statements for the year ended

31 May 2025

R & J L Investments Limited
Registered number:		05813054
Balance Sheet
as at 31 May 2025

Notes			2025			2024
£				£
Fixed assets
Investment Properties	3		326,200			312,000

Current assets
Debtors	4	181,821			181,571
Cash at bank and in hand		14,077			15,415
		195,898			196,986

Creditors: amounts falling due within one year	5	(14,395)			(7,095)

Net current assets			181,503			189,891

Total assets less current liabilities			507,703			501,891

Creditors: amounts falling due after more than one year	6		(280,376)			(280,376)

Net assets			227,327			221,515

Capital and reserves
Called up share capital			2			2
Profit and loss account			227,325			221,513

Shareholder's funds			227,327			221,515

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 member has 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.

The financial statements were approved and authorised for issue by the board on 4 December 2025 and were signed on its behalf by:


J Liondaris
Director

R & J L Investments Limited
Notes to the Accounts
for the year ended 31 May 2025


1	Accounting policies

	Basis of preparation
	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).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover represents amounts recognised by the company in respect of rents receivable.

	Investment properties
	Investment properties are included at fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

	Financial instruments
	The company enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

	Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for the objective evidence of impairment. If the objective evidence of impairment is found, an impairment loss is recognised in the profit and loss.

	Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right of set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Cash and cash equivalents
	Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short term highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	The tax expense for the year comprises current and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period 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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	1		1


3	Investment properties

Investment
Property
£
	Cost
	At 1 June 2024			312,000
	Additions			14,200

	At 31 May 2025			326,200


4	Debtors	2025		2024
£			£

	Other debtors	181,821		181,571


5	Creditors: amounts falling due within one year	2025		2024
£			£

	Taxation and social security costs	1,347		1,040
	Other creditors	13,048		6,055
		14,395		7,095


6	Creditors: amounts falling due after one year	2025		2024
£			£

	Bank loans	280,376		280,376

	The bank loan is secured by a fixed and floating charge over a selection of the investment properties of the company.


7	Controlling party

	The ultimate controlling party is the sole director and shareholder, J R Liondaris.

8	Other information

	R & J L Investments Limited is a private company limited by shares and incorporated in England. Its registered office is:
	446a Green Lanes
	Palmers Green
	London
	N13 5XD