Rimes Properties Limited

Rimes Properties Limited
Contents Page
For the year ended 31 March 2026

Accountants' Report	1
Statement of Financial Position	2
Notes to the Financial Statements	3

Rimes Properties Limited Accountants' Report For the year ended 31 March 2026
Report to the directors on the preparation of the unaudited statutory accounts of Rimes Properties Limited for the year ended 31 March 2026. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Rimes Properties Limited for the year ended 31 March 2026 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/. This report is made solely to the Board of Directors of Rimes Properties Limited, as a body, in accordance with the terms of our engagement letter dated 01 January 2026. Our work has been undertaken solely to prepare for your approval the accounts of Rimes Properties Limited and state those matters that we have agreed to state to the Board of Directors of Rimes Properties Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Rimes Properties Limited and its Board of Directors as a body for our work or for this report. It is your duty to ensure that Rimes Properties Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Rimes Properties Limited. You consider that Rimes Properties Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Rimes Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts 31 March 2026. .................................................... Moorhurst Partners LLP Suite S2 Blackwell House Guildhall Yard London EC2V 5AE 15 July 2026 1

Rimes Properties Limited
Accountants' Report
For the year ended 31 March 2026

Report to the directors on the preparation of the unaudited statutory accounts of Rimes Properties Limited for the year ended 31 March 2026.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Rimes Properties Limited for the year ended 31 March 2026 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/.
This report is made solely to the Board of Directors of Rimes Properties Limited, as a body, in accordance with the terms of our engagement letter dated 01 January 2026. Our work has been undertaken solely to prepare for your approval the accounts of Rimes Properties Limited and state those matters that we have agreed to state to the Board of Directors of Rimes Properties Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Rimes Properties Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Rimes Properties Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Rimes Properties Limited. You consider that Rimes Properties Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Rimes Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts
31 March 2026.

....................................................
Moorhurst Partners LLP
Suite S2 Blackwell House
Guildhall Yard
London
EC2V 5AE
15 July 2026

1

Rimes Properties Limited
Statement of Financial Position
As at 31 March 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	356,698	361,215
Investments	4	901,801	655,769
		1,258,499	1,016,984
Current assets
Debtors		18,250	8,250
Cash at bank and in hand		28,085	68,587
		46,335	76,837
Creditors: amount falling due within one year		(20,032)	(7,016)
Net current assets		26,303	69,821

Total assets less current liabilities		1,284,802	1,086,805
Net assets		1,284,802	1,086,805

Capital and reserves
Called up share capital		445	445
Revaluation Reserves		45,415	45,415
Profit and loss account		1,238,942	1,040,945
Shareholders' funds		1,284,802	1,086,805

For the year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 15 July 2026 and were signed on its behalf by:

-------------------------------
Nickolas Rimes
Director

2

Rimes Properties Limited
Notes to the Abridged Financial Statements
For the year ended 31 March 2026

General Information

Rimes Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 08943731, registration address c/o MOORHURST PARTNERS LLP, Suite S2 Blackwell House, Guildhall Yard, London, EC2V 5AE.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings	25% Reducing Balance
Motor Vehicles	25% Reducing Balance
Fixtures and Fittings	25% Reducing Balance

Fixed asset investments

Fixed asset investments are stated at cost less provision for any permanent diminution in value.

2.	Average number of employees Average number of employees during the year was 2 (2025 : 2).

3.

Tangible fixed assets

Cost or valuation	Land and Buildings	Motor Vehicles	Fixtures and Fittings	Total
	£	£	£	£
At 01 April 2025	356,683	51,778	390	408,851
Additions	-	-	-	-
Disposals	-	(51,778)	-	(51,778)
At 31 March 2026	356,683	-	390	357,073
Depreciation
At 01 April 2025	-	47,266	370	47,636
Charge for year	-	-	5	5
On disposals	-	(47,266)	-	(47,266)
At 31 March 2026	-	-	375	375
Net book values
Closing balance as at 31 March 2026	356,683	-	15	356,698
Opening balance as at 01 April 2025	356,683	4,512	20	361,215

4.

Investments

Cost	Other investments other than loans	Investments in group undertakings	Total
	£	£	£
At 01 April 2025	655,424	345	655,769
Additions	150,000	-	150,000
Disposals	-	-	-
Revaluations	96,032	-	96,032
At 31 March 2026	901,456	345	901,801

3

Registered Number: 08943731
England and Wales
RIMES PROPERTIES LIMITED

Abridged Accounts

Period of accounts Start date: 01 April 2025 End date: 31 March 2026