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Registered number: 12249734
Right Angle Property And Investment Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2025
Beresfords
Chartered Certified Accountants
1-2 Rhodium Point
Spindle Close
Hawkinge, Folkestone
Kent
CT18 7TQ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12249734
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,106 3,083
3,106 3,083
CURRENT ASSETS
Stocks 5 801,558 796,254
Debtors 6 2,229 1,778
Cash at bank and in hand 901 1,045
804,688 799,077
Creditors: Amounts Falling Due Within One Year 7 (109,459 ) (58,945 )
NET CURRENT ASSETS (LIABILITIES) 695,229 740,132
TOTAL ASSETS LESS CURRENT LIABILITIES 698,335 743,215
Creditors: Amounts Falling Due After More Than One Year 8 (779,942 ) (793,618 )
NET LIABILITIES (81,607 ) (50,403 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (81,707 ) (50,503 )
SHAREHOLDERS' FUNDS (81,607) (50,403)
Page 1
Page 2
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.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr P Bur
Director
31/07/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Right Angle Property And Investment Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12249734 . The registered office is 1-2 Rhodium Point Hawkinge Business Park, Spindle Close, Hawkinge, Folkestone, Kent, CT18 7TQ.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15% reducing balance
Motor Vehicles 25% reducing balance
2.3. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 November 2024 2,500 8,125 10,625
Additions 799 - 799
As at 31 October 2025 3,299 8,125 11,424
Depreciation
As at 1 November 2024 1,345 6,197 7,542
Provided during the period 294 482 776
As at 31 October 2025 1,639 6,679 8,318
Net Book Value
As at 31 October 2025 1,660 1,446 3,106
As at 1 November 2024 1,155 1,928 3,083
5. Stocks
2025 2024
£ £
Stock 801,558 796,254
Page 3
Page 4
6. Debtors
2025 2024
£ £
Due within one year
Other debtors 2,229 1,778
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1,200 1,201
Bank loans and overdrafts 7,563 6,951
Other creditors 100,696 50,793
109,459 58,945
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 23,676 28,902
Other loans 756,266 764,716
779,942 793,618
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 4