Company registration number 05109561 (England and Wales)
RMD PROPERTIES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
PAGES FOR FILING WITH REGISTRAR
RMD PROPERTIES LIMITED
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 3
RMD PROPERTIES LIMITED
STATEMENT OF FINANCIAL POSITION
As At 30 September 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investment property
3
697,336
692,535
Current assets
Cash at bank and in hand
2,310
1,548
Creditors: amounts falling due within one year
4
(153,459)
(153,409)
Net current liabilities
(151,149)
(151,861)
Total assets less current liabilities
546,187
540,674
Creditors: amounts falling due after more than one year
5
(666,330)
(651,838)
Net liabilities
(120,143)
(111,164)
Capital and reserves
Called up share capital
105
105
Profit and loss reserves
(120,248)
(111,269)
Total equity
(120,143)
(111,164)

For the financial year ended 30 September 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 of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 27 May 2026 and are signed on its behalf by:
Mr R E Davies
Director
Company registration number 05109561 (England and Wales)
RMD PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 September 2025
- 2 -
1
Accounting policies
Company information

RMD Properties Limited is a private company limited by shares incorporated in England and Wales. The registered office is 14 Woodfield Road, Middleton, Manchester, United Kingdom, M24 1NF.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Going concern

Although the company has made an operating loss during the period, the directors and shareholders have stated their intention to provide full financial support for at least the next 12 months.false

 

On this basis the directors believe it is appropriate to continue to adopt the going concern basis in the preparation of the financial statements.

1.3
Investment property

Investment property is shown at the most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the statement of income.

1.4
Financial instruments

Short term creditors are measured at transaction price. Other financial liabilities, including related party loans shall be measured at mortised cost using the effective interest rate. Financial liabilities that have no stated interest rate and are payable within one year shall be measured at the undiscounted amount due.

1.5
Foreign exchange

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transaction in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
0
0
RMD PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
For The Year Ended 30 September 2025
- 3 -
3
Investment property
2025
£
Fair value
At 1 October 2024
692,535
Additions
4,801
At 30 September 2025
697,336

As at 30 September 2025 the directors consider the open market value of the investment property to be £697,336. The directors have valued the investment property, taking into account market conditions and other nearby property sales and purchases.

4
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
153,459
153,409
5
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
666,330
651,838
6
Financial commitments, guarantees and contingent liabilities

There is a legal charge securing all monies due or to become due to HSBC Bank PLC.

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