Rai Properties (Midlands) Limited

Rai Properties (Midlands) Limited
Registered number:		04557607
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		655,103			655,129

Current assets
Debtors	4	100,884			92,985
Cash at bank and in hand		176			3,136
		101,060			96,121

Creditors: amounts falling due within one year	5	(67,476)			(64,596)

Net current assets			33,584			31,525

Total assets less current liabilities			688,687			686,654

Creditors: amounts falling due after more than one year	6		(434,160)			(434,160)



Net assets			254,527			252,494

Capital and reserves
Called up share capital			100			100
Revaluation reserve	7		212,607			212,607
Profit and loss account			41,820			39,787

Shareholders' funds			254,527			252,494

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




A S Rai
Director
Approved by the board on 16 July 2026

Rai Properties (Midlands) Limited
Notes to the Accounts
for the year ended 31 October 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover represents the value of rent received during the year.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment	20% reducing balance

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			1		1


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 November 2024	655,000		1,865		656,865
	At 31 October 2025	655,000		1,865		656,865

	Depreciation
	At 1 November 2024	-		1,736		1,736
	Charge for the year	-		26		26
	At 31 October 2025	-		1,762		1,762

	Net book value
	At 31 October 2025	655,000		103		655,103
	At 31 October 2024	655,000		129		655,129


4	Debtors			2025		2024
£					£

	Other debtors			100,884		92,985


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			26,389		32,133
	Corporation tax			1,030		1,030
	Other creditors			40,057		31,433
				67,476		64,596


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			434,160		434,160


7	Revaluation reserve			2025		2024
£					£

	At 1 November 2024			212,607		212,607

	At 31 October 2025			212,607		212,607


8	Other information

	Rai Properties (Midlands) Limited is a private company limited by shares and incorporated in England. Its registered office is:
	358
	Bradford Road
	Birmigham
	West Midlands
	B36 9AD