COMPANY REGISTRATION NUMBER:
10487335
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Right Vibe Properties Limited |
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Filleted Unaudited Abridged Financial Statements |
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Right Vibe Properties Limited |
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Abridged Statement of Financial Position |
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31 October 2025
Fixed assets
|
Tangible assets |
4 |
93,971 |
93,971 |
|
|
|
|
Current assets
|
Debtors |
650 |
– |
|
Cash at bank and in hand |
29,932 |
13,789 |
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-------- |
-------- |
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30,582 |
13,789 |
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|
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Creditors: amounts falling due within one year |
114,657 |
102,931 |
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--------- |
--------- |
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Net current liabilities |
84,075 |
89,142 |
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-------- |
-------- |
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Total assets less current liabilities |
9,896 |
4,829 |
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------- |
------- |
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Net assets |
9,896 |
4,829 |
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------- |
------- |
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|
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Capital and reserves
|
Called up share capital |
100 |
100 |
|
Profit and loss account |
9,796 |
4,729 |
|
------- |
------- |
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Shareholders funds |
9,896 |
4,829 |
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------- |
------- |
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These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.
For the year ending 31 October 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 abridged financial statements for the year in question in accordance with section 476
;
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
.
All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 31 October 2025 in accordance with Section 444(2A) of the Companies Act 2006.
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Right Vibe Properties Limited |
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Abridged Statement of Financial Position (continued) |
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31 October 2025
These abridged financial statements were approved by the
board of directors
and authorised for issue on
17 July 2026
, and are signed on behalf of the board by:
Company registration number:
10487335
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Right Vibe Properties Limited |
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Notes to the Abridged Financial Statements |
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Year ended 31 October 2025
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 92B King Street, Knutsford, Cheshire, WA16 6ED, England.
2.
Statement of compliance
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis.
Revenue recognition
Turnover represents rents received and receivable from tenants of the company's freehold residential investment property. Turnover is recognised on a strict time basis when rents are receivable.
Taxation
The taxation expense represents the current tax that is recognised on the taxable profit for the current and past periods and is measured at the amounts of tax expected to be payable or recoverable using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Investment property
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss. If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property, it shall be transferred to tangible assets and treated as such until it is expected that fair value will be reliably measurable on an on-going basis.
4.
Tangible assets
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£ |
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Cost |
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At 1 November 2024 and 31 October 2025 |
93,971 |
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-------- |
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Depreciation |
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At 1 November 2024 and 31 October 2025 |
– |
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-------- |
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Carrying amount |
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At 31 October 2025 |
93,971 |
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-------- |
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At 31 October 2024 |
93,971 |
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-------- |
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A reliable measure of fair value of the investment properties is not available without undue cost and effort and so they are currently held at cost.