| R & M Property Rentals Limited |
| Registered number: |
06752262 |
| Balance Sheet |
| as at 30 June 2026 |
|
| Notes |
|
|
2026 |
|
|
2025 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
3,831,675 |
|
|
4,171,675 |
|
| Current assets |
| Debtors |
4 |
|
3,773 |
|
|
4,563 |
| Cash at bank and in hand |
|
|
478,965 |
|
|
32,914 |
|
|
|
482,738 |
|
|
37,477 |
|
| Creditors: amounts falling due within one year |
5 |
|
(2,277,701) |
|
|
(2,259,507) |
|
| Net current liabilities |
|
|
|
(1,794,963) |
|
|
(2,222,030) |
|
| Total assets less current liabilities |
|
|
|
2,036,712 |
|
|
1,949,645 |
|
| Provisions for liabilities |
|
|
|
(226,523) |
|
|
(270,741) |
|
| Net assets |
|
|
|
1,810,189 |
|
|
1,678,904 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Revaluation reserve |
6 |
|
|
679,567 |
|
|
812,222 |
| Profit and loss account |
|
|
|
1,130,522 |
|
|
866,582 |
|
| Shareholders' funds |
|
|
|
1,810,189 |
|
|
1,678,904 |
|
|
|
|
|
|
|
|
| The directors are 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 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 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. |
|
|
|
|
| Mr M.J Pratt |
| Director |
| Approved by the board on 4 September 2026 |
|
| R & M Property Rentals Limited |
| Notes to the Accounts |
| for the year ended 30 June 2026 |
|
|
| 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). |
|
|
Income |
|
Income represents the gross rental income. |
|
Going Concern |
|
At 30 June 2026, the company had net current liabilities of £1,794,963 [2024- £2,222,030]. The directors of the company are confident that all payments and liabilities will be met as and when they arise. The directors are of the opinion that the financials statements should be drawn up on a going concern basis. |
|
|
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: |
|
|
Land and buildings |
No depreciation |
|
Plant and machinery |
No depreciation |
|
| 2 |
Employees |
2026 |
|
2025 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Land and buildings |
|
Plant and machinery etc |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 July 2025 |
4,155,000 |
|
16,675 |
|
4,171,675 |
|
Revaluation in the year |
(176,873) |
|
- |
|
(176,873) |
|
Disposals |
(163,127) |
|
- |
|
(163,127) |
|
At 30 June 2026 |
3,815,000 |
|
16,675 |
|
3,831,675 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 30 June 2026 |
- |
|
- |
|
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2026 |
3,815,000 |
|
16,675 |
|
3,831,675 |
|
At 30 June 2025 |
4,155,000 |
|
16,675 |
|
4,171,675 |
|
| 4 |
Debtors |
2026 |
|
2025 |
| £ |
£ |
|
|
Other debtors |
3,773 |
|
4,563 |
|
| 5 |
Creditors: amounts falling due within one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Taxation and social security costs |
59,797 |
|
25,439 |
|
Other creditors |
2,217,904 |
|
2,234,068 |
|
|
|
|
|
|
2,277,701 |
|
2,259,507 |
|
|
|
|
|
|
|
|
|
| 6 |
Revaluation reserve |
2026 |
|
2025 |
| £ |
£ |
|
|
At 1 July 2025 |
812,222 |
|
865,036 |
|
Loss on revaluation of land and buildings |
(132,655) |
|
(52,814) |
|
|
At 30 June 2026 |
679,567 |
|
812,222 |
|
|
|
|
|
|
|
|
|
| 7 |
Profit and loss account |
2026 |
|
2025 |
| £ |
£ |
|
At 1 July 2025 |
866,582 |
|
782,875 |
|
Profit for the financial year |
132,285 |
|
31,893 |
|
Dividends |
(1,000) |
|
(1,000) |
|
Transfer to Non Distributable Reserve |
132,655 |
|
52,814 |
|
At 30 June 2026 |
1,130,522 |
|
866,582 |
|
|
|
|
|
|
|
|
|
| 8 |
Related party transactions |
|
|
The amount of £1,574,527 [2025 - £1,590,027] was due to R & M Rentals Ltd at the year end. |
|
| 9 |
Transactions with directors |
|
|
At the balance sheet date the company owed the directors £634,322 [2025- £684,322]. Dividend of £1,000 was declared in the year [2025- £2,000]. |
|
| 10 |
Other information |
|
|
R & M Property Rentals Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
97-99 Worton Road |
|
Isleworth |
|
Middlesex |
|
TW7 6EG |