RIFTANA PROPERTIES LIMITED - Filleted accounts

Registered number

00734104

RIFTANA PROPERTIES LIMITED

Filleted Accounts

30 April 2026

RIFTANA PROPERTIES LIMITED
Registered number:		00734104
Balance Sheet
as at 30 April 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		3,871			4,201
Investments	4		76,131			76,131
			80,002			80,332

Current assets
Stocks		2,000			2,000
Cash at bank and in hand		122,842			157,675
		124,842			159,675

Creditors: amounts falling due within one year	5	(23,993)			(49,613)

Net current assets			100,849			110,062

Net assets			180,851			190,394

Capital and reserves
Called up share capital			52			52
Profit and loss account			180,799			190,342

Shareholders' funds			180,851			190,394

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 Aubrey Kaufmann
Director
Approved by the board on 14 September 2026

RIFTANA PROPERTIES LIMITED
Notes to the Accounts
for the year ended 30 April 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).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	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:

	Freehold buildings			Not depreciated
	Plant and machinery			15% reducing balance
	Fixtures, fittings, tools and equipment			15% reducing balance

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					1		1


3	Tangible fixed assets
				Land and buildings		Plant and machinery etc		Total
£					£		£
	Cost
	At 1 May 2025			2,000		55,445		57,445
	At 30 April 2026			2,000		55,445		57,445

	Depreciation
	At 1 May 2025			-		53,244		53,244
	Charge for the year			-		330		330
	At 30 April 2026			-		53,574		53,574

	Net book value
	At 30 April 2026			2,000		1,871		3,871
	At 30 April 2025			2,000		2,201		4,201


4	Investments

Other
investments
£
	Cost
	At 1 May 2025							76,131

	At 30 April 2026							76,131


5	Creditors: amounts falling due within one year					2026		2025
£							£

	Amounts owed to group undertakings and undertakings in which the company has a participating interest					8,168		38,168
	Taxation and social security costs					5,000		6,100
	Other creditors					10,825		5,345
						23,993		49,613


6	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Mr Aubrey Kaufmann
	Directors current account	(545)		25,000		(30,000)		(5,545)

		(545)		25,000		(30,000)		(5,545)


7	Related party transactions

	The directors of the company are also directors of Finheath Limited (Finheath). During the year the company accounted for management fees receivable from Finheath amounting to £30,000 (2025 - £60,000). At 30 April 2026 £8,168 was due to Finheath (2025 - £38,168).


8	Controlling party

	The Directors are the ultimate controlling party of the company.


9	Other information

	RIFTANA PROPERTIES LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	311 Regents Park Road
	London
	N3 1DP