1 August 2024 false No description of principal activity Taxfiler 2024.6 SC637579 business:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 SC637579 2024-07-31 SC637579 2024-08-01 2025-07-31 SC637579 business:AuditExemptWithAccountantsReport 2024-08-01 2025-07-31 SC637579 business:FilletedAccounts 2024-08-01 2025-07-31 SC637579 2025-07-31 SC637579 business:Director1 2024-08-01 2025-07-31 SC637579 business:Director2 2024-08-01 2025-07-31 SC637579 business:RegisteredOffice 2024-08-01 2025-07-31 SC637579 2024-07-31 SC637579 core:WithinOneYear 2025-07-31 SC637579 core:WithinOneYear 2024-07-31 SC637579 core:AfterOneYear 2025-07-31 SC637579 core:AfterOneYear 2024-07-31 SC637579 core:ShareCapital core:PreviouslyStatedAmount 2025-07-31 SC637579 core:ShareCapital core:PreviouslyStatedAmount 2024-07-31 SC637579 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-07-31 SC637579 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-07-31 SC637579 core:PreviouslyStatedAmount 2025-07-31 SC637579 core:PreviouslyStatedAmount 2024-07-31 SC637579 business:SmallEntities 2024-08-01 2025-07-31 SC637579 countries:Scotland 2024-08-01 2025-07-31 SC637579 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure
Company Registration No. SC637579 (Scotland)
RLG Properties Ltd Unaudited accounts for the year ended 31 July 2025
RLG Properties Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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RLG Properties Ltd Company Information for the year ended 31 July 2025
Directors
SHAUN KERR NIKKI KERR
Company Number
SC637579 (Scotland)
Registered Office
94 McLagan Drive Hawick Roxburghshire TD9 8BT Scotland
Accountants
CST ACCOUNTANCY SERVICES LTD 55 FURNACE CLOSE NORTH HYKEHAM LINCOLN LN6 9ZR
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RLG Properties Ltd Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
139,500
139,500
Current assets
Debtors
5
330
300
Cash at bank and in hand
6,925
9,774
7,255
10,074
Creditors: amounts falling due within one year
6
(1,061)
(1,157)
Net current assets
6,194
8,917
Total assets less current liabilities
145,694
148,417
Creditors: amounts falling due after more than one year
7
(137,995)
(144,495)
Net assets
7,699
3,922
Capital and reserves
Called up share capital
2
2
Profit and loss account
7,697
3,920
Shareholders' funds
7,699
3,922
For the year ending 31 July 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 12 March 2025 and were signed on its behalf by
SHAUN KERR Director Company Registration No. SC637579
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RLG Properties Ltd Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
RLG Properties Ltd is a private company, limited by shares, registered in Scotland, registration number SC637579. The registered office is 94 McLagan Drive, Hawick, Roxburghshire, TD9 8BT, Scotland.
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.
4
Investment property
2025
£
Fair value at 1 August 2024
139,500
At 31 July 2025
139,500
5
Debtors
2025
2024
£
£
Amounts falling due after more than one year
Other debtors
330
300
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
175
225
Taxes and social security
886
932
1,061
1,157
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
121,172
121,172
Loans from directors
16,823
23,323
137,995
144,495
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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