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Registration number: 10129009

RAA Properties Ltd
Unaudited Financial Statements
for the Year Ended 30 April 2025

RAA Properties Ltd

Contents

Balance Sheet | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 5

RAA Properties Ltd

(Registration number: 10129009)
Balance Sheet as at 30 April 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Investment property | 4 | 346,156 | 346,156
Current assets |  |  |
Debtors | 5 | 12 | 1,299
Cash at bank and in hand |  | 1,433 | 1,685
|  | 1,445 | 2,984
Creditors: Amounts falling due within one year | 6 | (54,597) | (57,561)
Net current liabilities |  | (53,152) | (54,577)
Total assets less current liabilities |  | 293,004 | 291,579
Creditors: Amounts falling due after more than one year | 6 | (255,811) | (255,811)
Provisions for liabilities |  | (4,821) | (4,821)
Net assets |  | 32,372 | 30,947
Capital and reserves |  |  |
Called up share capital |  | 1 | 1
Retained earnings |  | 32,371 | 30,946
Shareholders' funds |  | 32,372 | 30,947

RAA Properties Ltd

(Registration number: 10129009)
Balance Sheet as at 30 April 2025

For the financial year ending 30 April 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 his 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 Profit and Loss Account.

Approved and authorised by the director on 1 December 2025

......................................... Mr RA Alcock Director

RAA Properties Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 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:
50 Whitmore Road
Newcastle-Under-Lyme
Staffordshire
ST5 3LX
UK

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. These financial statements are presented in Sterling which is the functional currency of the company and rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the rental of domestic property. Turnover is shown net of sales/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 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.

RAA Properties Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

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 the directors. The directors 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.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

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 May | 346,156
At 30 April | 346,156

There has been no valuation of investment property by an independent valuer.

5 | Debtors

Current | 2025 £ | 2024 £
Other debtors | 12 | 1,299
| 12 | 1,299

RAA Properties Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 7 | 53,944 | 56,244
Other creditors |  | 653 | 1,317
|  | 54,597 | 57,561

Current loans and borrowings

| 2025 £ | 2024 £
Other borrowings | 53,944 | 56,244

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 7 | 255,811 | 255,811

7 | Loans and borrowings

Charter Court Financial Services Limited have a charge, dated 7th August 2018 as security over the mortgage and all other debt on the property 4 Maclagan Street, Stoke-on-Trent.
Paragon Bank PLC have a charge, dated 14th June 2019 as security over the mortgage and all other debt on the property 52 Keary Street, Stoke-on-Trent.
Charter Court Financial Services Limited have a charge, dated 11th June 2021 as security over the mortgage and all other debt on the property 89 Birks Street, Stoke-on-Trent.
The Mortgage Works (UK) PLC have a charge, dated 23rd December 2021 as security over the mortgage and all other debt on the property 1 Clifton Street, Newcastle-under-Lyme.