BrightAccountsProduction v1.0.0 v1.0.0 2024-10-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is the letting of real estate. 3 December 2025 2 2 NI629718 2025-09-30 NI629718 2024-09-30 NI629718 2023-09-30 NI629718 2024-10-01 2025-09-30 NI629718 2023-10-01 2024-09-30 NI629718 uk-bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 NI629718 uk-curr:PoundSterling 2024-10-01 2025-09-30 NI629718 uk-bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 NI629718 uk-bus:FullAccounts 2024-10-01 2025-09-30 NI629718 uk-bus:Director1 2024-10-01 2025-09-30 NI629718 uk-bus:Director2 2024-10-01 2025-09-30 NI629718 uk-bus:RegisteredOffice 2024-10-01 2025-09-30 NI629718 uk-bus:Agent1 2024-10-01 2025-09-30 NI629718 uk-core:ShareCapital 2025-09-30 NI629718 uk-core:ShareCapital 2024-09-30 NI629718 uk-core:RetainedEarningsAccumulatedLosses 2025-09-30 NI629718 uk-core:RetainedEarningsAccumulatedLosses 2024-09-30 NI629718 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-09-30 NI629718 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-09-30 NI629718 uk-bus:FRS102 2024-10-01 2025-09-30 NI629718 uk-core:WithinOneYear 2025-09-30 NI629718 uk-core:WithinOneYear 2024-09-30 NI629718 2024-10-01 2025-09-30 NI629718 uk-bus:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: NI629718
 
 
RABB Properties Limited
 
Unaudited Financial Statements
 
for the financial year ended 30 September 2025
RABB Properties Limited
DIRECTORS AND OTHER INFORMATION

 
Directors Mr. Richard Browbek
Mr. Anthony Brown
 
 
Company Registration Number NI629718
 
 
Registered Office 16 Mount Charles
Belfast
BT7 1NZ
 
 
Business Address 1 College Avenue
Bangor
BT20 5HJ
 
 
Accountants Muldoon
Chartered Accountants & Reporting Accountants
16 Mount Charles
Belfast
BT7 1NZ



RABB Properties Limited
Company Registration Number: NI629718
BALANCE SHEET
as at 30 September 2025

2025 2024
Notes £ £
 
Fixed Assets
Tangible assets 4 390,000 390,000
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Current Assets
Debtors 5 165 166
Cash and cash equivalents 1,459 5,208
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1,624 5,374
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Creditors: amounts falling due within one year 6 (270,696) (294,731)
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Net Current Liabilities (269,072) (289,357)
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Total Assets less Current Liabilities 120,928 100,643
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Capital and Reserves
Called up share capital 2 2
Retained earnings 120,926 100,641
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Equity attributable to owners of the company 120,928 100,643
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The financial statements have been prepared 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 company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account and Directors' Report.
           
For the financial year ended 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Board and authorised for issue on 3 December 2025 and signed on its behalf by
           
           
           
________________________________          
Mr. Richard Browbek          
Director          
           



RABB Properties Limited
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 30 September 2025

   
1. General Information
 
RABB Properties Limited is a company limited by shares incorporated in Northern Ireland.16 Mount Charles, Belfast, BT7 1NZ is the registered office, which is also the principal place of business of the company. The principal activity of the company is the letting of real estate. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the year ended 30 September 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Investment properties

Investment property is property held either to earn rental income, or for capital appreciation (including future re-development) or for both, but not for sale in the ordinary course of business.

Investment property is initially measured at cost, which includes the purchase cost and any directly attributable expenditure. Investment property is subsequently valued at its fair value at each reporting date, by professional external valuers. The difference between the fair value of an investment property at the reporting date and its carrying value prior to the valuation is recognised in the Profit and Loss Account as a fair value gain or loss. Any gain or loss on disposal of an investment property (calculated as the difference between the net proceeds from disposal and the carrying amount of the item) is recognised in the Profit and Loss Account.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including directors, during the financial year was;
 
  2025 2024
  Number Number
 
Directors 2 2
  ═════════ ═════════
       
4. Tangible assets
  Investment Total
  properties  
     
  £ £
Cost
At 1 October 2024 390,000 390,000
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At 30 September 2025 390,000 390,000
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Depreciation
At 1 October 2024 - -
  ───────── ─────────
At 30 September 2025 - -
  ───────── ─────────
Net book value
At 30 September 2025 390,000 390,000
  ═════════ ═════════
At 30 September 2024 390,000 390,000
  ═════════ ═════════
 
The directors have not obtained a professional valuation for investment properties as at 30 September 2024 since they believe that the valuation has not changed materially since acquisition.
       
5. Debtors 2025 2024
  £ £
 
Prepayments and accrued income 165 166
  ═════════ ═════════
       
6. Creditors 2025 2024
Amounts falling due within one year £ £
 
Taxation  (Note 7) 4,677 4,762
Other creditors 264,929 288,929
Accruals 1,090 1,040
  ───────── ─────────
  270,696 294,731
  ═════════ ═════════
       
7. Taxation 2025 2024
  £ £
 
Creditors:
Corporation tax 4,677 4,762
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