Company No: 15017231 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	M. Blackburn
	S. Blackburn
	R. Carpenter
	J. Carpenter
	E. Carpenter

REGISTERED OFFICE	Keepers Cottage Franksfield
	Peaslake
	Guildford
	GU5 9SR
	United Kingdom

COMPANY NUMBER

15017231 (England and Wales)

ACCOUNTANT	S&W Partners LLP
	Onslow House
	Onslow Street
	Guildford
	GU1 4TL

	Note	2026		2025
		£		£
Current assets
Debtors	3	1,403,338		1,376,148
Cash at bank and in hand	4	993		2,804
		1,404,331		1,378,952
Creditors: amounts falling due within one year	5	( 169,964)		( 28,855)
Net current assets		1,234,367		1,350,097
Total assets less current liabilities		1,234,367		1,350,097
Net assets		1,234,367		1,350,097
Capital and reserves
Called-up share capital	6	100		100
Share premium account		974,900		1,474,900
Profit and loss account		259,367		( 124,903 )
Total shareholders' funds		1,234,367		1,350,097

For the financial year ending 31 March 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of R & J Exclusive Letting Ltd (registered number: 15017231) were approved and authorised for issue by the Board of Directors on 17 September 2026. They were signed on its behalf by:

R. Carpenter Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

R & J Exclusive Letting Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Keepers Cottage Franksfield, Peaslake, Guildford, United Kingdom, GU5 9SR.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of R & J Exclusive Letting Ltd is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

These financial statements are separate financial statements.

Going concern

The financial statements have been prepared on a going concern basis.

The directors have made an assessment in preparing these financial statements as to whether the Company is a going concern and have concluded that there are no material uncertainties that may cast significant doubt on the Company's ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

Turnover is recognised when the tenants have accrued the rental fee.

Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on enacted or substantively enacted tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax assets are recognised only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilised.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	5		5

3. Debtors

	2026		2025
	£		£
Other debtors	1,403,338		1,376,148

4. Cash and cash equivalents

	2026		2025
	£		£
Cash at bank and in hand	993		2,804

5. Creditors: amounts falling due within one year

	2026		2025
	£		£
Amounts owed to directors	161,804		22,111
Accruals	8,160		6,744
	169,964		28,855

6. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
50 A ordinary shares of £ 1.00 each	50		50
50 B ordinary shares of £ 1.00 each	50		50
	100		100

7. Related party transactions

Transactions with the entity's directors

	2026		2025
	£		£
During the year £2,308 of expenses was paid by the company on behalf of the director, and £142,000 was paid to the director via dividends.	161,804		22,111

Other related party transactions

	2026		2025
	£		£
Amounts owed from related parties	1,402,314		1,376,148

The capital element of the loan is £1,364,604 (2025: £1,364,815) with £37,710 (2025: £11,333) of interest being charged.