1 September 2024 false No description of principal activity Taxfiler 2024.6 true 11563332 business:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 11563332 2024-08-31 11563332 2024-09-01 2025-08-31 11563332 business:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 11563332 business:FilletedAccounts 2024-09-01 2025-08-31 11563332 2025-08-31 11563332 business:Director1 2024-09-01 2025-08-31 11563332 business:RegisteredOffice 2024-09-01 2025-08-31 11563332 2024-08-31 11563332 core:WithinOneYear 2025-08-31 11563332 core:WithinOneYear 2024-08-31 11563332 core:AfterOneYear 2025-08-31 11563332 core:AfterOneYear 2024-08-31 11563332 core:ShareCapital core:PreviouslyStatedAmount 2025-08-31 11563332 core:ShareCapital core:PreviouslyStatedAmount 2024-08-31 11563332 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-08-31 11563332 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-08-31 11563332 core:PreviouslyStatedAmount 2025-08-31 11563332 core:PreviouslyStatedAmount 2024-08-31 11563332 business:SmallEntities 2024-09-01 2025-08-31 11563332 countries:EnglandWales 2024-09-01 2025-08-31 11563332 core:RevaluationInvestmentPropertyDeferredTax 2025-08-31 11563332 core:RevaluationInvestmentPropertyDeferredTax 2024-08-31 11563332 2023-10-01 2024-08-31 iso4217:GBP xbrli:pure
Company Registration No. 11563332 (England and Wales)
RMA1 RDST Ltd Unaudited accounts for the year ended 31 August 2025
RMA1 RDST Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
RMA1 RDST Ltd Company Information for the year ended 31 August 2025
Director
Muhammad Abubakar Khan
Company Number
11563332 (England and Wales)
Registered Office
Unit C1 A Poole Hall Road Industrial Estate Ellesmere Port CH66 1ST United Kingdom
Accountants
PRIME ACCOUNTANTS 10 LOCKWOOD HOUSE LOCKWOOD PARK HUDDERSFIELD HD4 6EN
- 3 -
RMA1 RDST Ltd Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
2,160,000
574,352
Current assets
Debtors
5
1,446,462
296,656
Cash at bank and in hand
1,185
1,277
1,447,647
297,933
Creditors: amounts falling due within one year
6
(145,468)
(146,982)
Net current assets
1,302,179
150,951
Total assets less current liabilities
3,462,179
725,303
Creditors: amounts falling due after more than one year
7
(2,102,658)
(751,549)
Provisions for liabilities
Deferred tax
8
(368,462)
-
Net assets/(liabilities)
991,059
(26,246)
Capital and reserves
Called up share capital
100
100
Profit and loss account
990,959
(26,346)
Shareholders' funds
991,059
(26,246)
For the year ending 31 August 2025 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 August 2026 and were signed on its behalf by
Muhammad Abubakar Khan Director Company Registration No. 11563332
- 4 -
RMA1 RDST Ltd Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
RMA1 RDST Ltd is a private company, limited by shares, registered in England and Wales, registration number 11563332. The registered office is Unit C1 A, Poole Hall Road Industrial Estate, Ellesmere Port, CH66 1ST, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
These accounts have been prepared under the historical cost convention, as modified by the revaluation of investment property, and in accordance with Section 1A of FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Client Money
Rents are collected on the company's behalf by its managing agent and held in a ring-fenced client account until remitted; tenants' deposits are held under the Deposit Protection Service. Neither is an asset of the company, other than the amount collected but not yet remitted at the year end, which is included in trade debtors.
Going concern
Before the fair value gain on investment property and the associated deferred tax, the company made a loss which arose principally from finance costs including the one-off costs of redeeming the development bridging loan and refinancing onto a long-term mortgage completed on 17 July 2025. Following the refinance the company's financing cost is a fixed monthly instalments and the director considers that rental income from the now fully developed property, together with continuing financial support from the director and from companies under common control, will enable the company to meet its liabilities as they fall due for a period of at least twelve months from the date of approval of these accounts. On that basis the accounts have been prepared on the going concern basis.
- 5 -
RMA1 RDST Ltd Notes to the Accounts for the year ended 31 August 2025
Financial instruments
The company has only basic financial instruments, measured at amortised cost. Loan arrangement and completion fees are recognised in profit or loss as incurred
4
Investment property
2025
£
Fair value at 1 September 2024
574,352
Additions
111,802
Net gain from fair value adjustments
1,473,846
At 31 August 2025
2,160,000
Investment property is measured at fair value at each reporting date, with changes in fair value recognised in profit or loss. Deferred tax is provided on these gains at the rate expected to apply when the property is sold. Fair value at 1 September 2024: £574,352. Additions: £111,802. Fair value adjustment: £1,473,846. Fair value at 31 August 2025: £2,160,000. The investment property, 153c Kensington Road, Liverpool, was valued at £2,160,000 at 31 August 2025. The valuation reflects the completion of the development during the year and is consistent with the valuation obtained on the refinancing of the property in July 2025. The historical cost of the property at 31 August 2025 was £686,154 (2024: £574,352). Valued by an independent firm of chartered surveyors in connection with the refinancing.
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
6,720
-
Amounts due from group undertakings etc.
-
291,556
Other debtors
5,100
5,100
11,820
296,656
Amounts falling due after more than one year
Amounts due from group undertakings etc.
1,434,642
-
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
32,904
5,000
Other creditors
85,222
104,640
Loans from directors
27,342
37,342
145,468
146,982
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
1,697,518
751,549
Amounts owed to group undertakings and other participating interests
405,140
-
2,102,658
751,549
- 6 -
RMA1 RDST Ltd Notes to the Accounts for the year ended 31 August 2025
8
Deferred taxation
2025
2024
£
£
Revaluation of investment property
368,462
-
2025
2024
£
£
Charged to the profit and loss account
368,462
-
Provision at end of year
368,462
-
The provision for deferred tax of £368,462 (2024: £nil) relates wholly to the fair value uplift on the company's investment property, measured at 25%.
9
Transactions with related parties
During the year the company charged management fees of £45,000 to companies under common control (£15,000 each to Saiga Property Ltd, ALKMAK Ltd and KSR & FKR Ltd). Property management and letting services were provided to the company by Mocha Property Management Ltd, a company controlled by a person connected with the director, which charged fees of £10,083 and recharged costs of £4,394 during the year. At 31 August 2025 the company was owed £1,434,642 by, and owed £407,724 to, companies under common control (see the debtors and creditors notes). All balances are unsecured and interest free. At 31 August 2025 the company also owed £27,342 (2024: £37,342) to the director; this balance is unsecured, interest free and repayable on demand. At no point during the year did the director owe any amount to the company.
10
Controlling party
The company is controlled by M A Khan, the director, who holds the entire issued share capital.
11
Average number of employees
During the year the average number of employees was 1 (2024: 1).
- 7 -