RESIDENTIAL EQUITY LTD

RESIDENTIAL EQUITY LTD

Statement of Financial Position

As at 10 July 2026

	£	2026 £	£	2025 £
Called up share capital not paid		100		100
Fixed assets		-		432,600
Current assets	-		1,947
Creditors: amount falling due within one year	(33,576)		(153,432)
Net current assets/(liabilities)		(33,576)		(151,485)
Total assets less current liabilities		(33,476)		281,215
Creditors: amount falling due after more than one year		-		(299,994)
Net assets/(liabilities)		(33,476)		(18,779)


Capital and reserves		(33,476)		(18,779)

Notes to the Accounts

Statutory Information

Residential Equity Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number 12979976, registration address 11 The Green, Morden, Surrey, SM4 4HJ, United Kingdom.

The presentation currency is £ sterling.

Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).

Going Concern

The Company has discontinued the operation and the current accounts are the last set of accounts after this the directors are planning to apply for striking off the name from the registrar of the Companies.

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:

Tangible fixed assets

Cost or Valuation	Freehold property	Total
	£	£
At 01 January 2026	432,600	432,600
Disposals	(432,600)	(432,600)

Tangible fixed assets

3.	Average number of employees Average number of employees during the period was 1 (2025: 1).

Director's Responsibilities:

For the period ended 10 July 2026 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 accounts for the period in question in accordance with section 476 of the Companies Act 2006.
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.

The financial statements have been prepared in accordance with the micro-entity provisions.

Signed on behalf of the board of directors:

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Brett Jones
Director

Date approved: 04 August 2026