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Registered number: 15825804
Raca Properties Limited
Unaudited Financial Statements
For The Year Ended 31 July 2026
Genio Accountants
33a Portsmouth Road
Southampton
Hampshire
SO19 9BA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 15825804
31 July 2026 31 July 2025
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 417,000 425,000
417,000 425,000
CURRENT ASSETS
Debtors 5 503 4,918
Cash at bank and in hand 4,877 6,718
5,380 11,636
Creditors: Amounts Falling Due Within One Year 6 (101,888 ) (77,650 )
NET CURRENT ASSETS (LIABILITIES) (96,508 ) (66,014 )
TOTAL ASSETS LESS CURRENT LIABILITIES 320,492 358,986
Creditors: Amounts Falling Due After More Than One Year 7 (325,125 ) (352,427 )
NET (LIABILITIES)/ASSETS (4,633 ) 6,559
CAPITAL AND RESERVES
Called up share capital 8 100 100
Fair value reserve 9 (17,834 ) -
Profit and Loss Account 13,101 6,459
SHAREHOLDERS' FUNDS (4,633) 6,559
Page 1
Page 2
For the year ending 31 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 R Allen
Director
18th August 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
Raca Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15825804 . The registered office is 33a Portsmouth Road, Southampton, Hampshire, SO19 9BA.
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. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.3. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2025: 2)
2 2
4. Investment Property
31 July 2026
£
Fair Value
As at 1 August 2025 425,000
Additions 9,834
Fair value adjustments (17,834 )
As at 31 July 2026 417,000
Page 3
Page 4
5. Debtors
31 July 2026 31 July 2025
£ £
Due within one year
Other debtors 503 4,918
6. Creditors: Amounts Falling Due Within One Year
31 July 2026 31 July 2025
£ £
Trade creditors 489 893
Amounts owed to participating interests 31,974 73,992
Other creditors 67,867 1,250
Taxation and social security 1,558 1,515
101,888 77,650
7. Creditors: Amounts Falling Due After More Than One Year
31 July 2026 31 July 2025
£ £
Bank loans 325,125 352,427
8. Share Capital
31 July 2026 31 July 2025
£ £
Allotted, Called up and fully paid 100 100
9. Reserves
Fair value reserve Profit and Loss Account
£ £
As at 1 August 2025 - 6,459
Profit for the year and total comprehensive income - 6,642
Movements in fair value reserve (17,834) -
As at 31 July 2026 (17,834 ) 13,101
Page 4