RTR (Properties) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03675106 (England and Wales)

RTR (PROPERTIES) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

S.J. Rate

REGISTERED OFFICE:

Rates Ford

Hogg Lane

Grays

Essex

RM17 5QL

REGISTERED NUMBER:

03675106 (England and Wales)

ACCOUNTANTS:

CR Bland Baker Limited

Chartered Accountants

21 Lodge Lane

Grays

Essex

RM17 5RY

FIXED ASSETS

Investment property

4

1,440,000

1,150,000

CURRENT ASSETS

Debtors

5

37,499

196,999

Cash at bank

79,151

22,284

116,650

219,283

CREDITORS

Amounts falling due within one year

6

48,742

72,183

NET CURRENT ASSETS

67,908

147,100

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,507,908

1,297,100

PROVISIONS FOR LIABILITIES

344,000

271,500

NET ASSETS

1,163,908

1,025,600

CAPITAL AND RESERVES

Called up share capital

6,666

Share premium - non distributable

1,593,434

Fair value reserve - non distributable

(575,340

)

(575,340

)

Retained earnings

139,148

840

SHAREHOLDERS' FUNDS

1,163,908

1,025,600

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 September 2026 and were signed by:

S.J. Rate - Director

1.	STATUTORY INFORMATION

RTR (Properties) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

1,150,000

Revaluations

290,000

At 31 December 2025

1,440,000

NET BOOK VALUE

At 31 December 2025

1,440,000

At 31 December 2024

1,150,000

Fair value at 31 December 2025 is represented by:

£

Valuation in 1999

680,000

Valuation in 2014

500,000

Valuation in 2015

400,000

Valuation in 2017

(350,000

)

Valuation in 2024

(100,000

)

Valuation in 2025

290,000

Cost

20,000

1,440,000

If the investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

Cost

20,000

Aggregate depreciation

(16,800

)

(16,400

)

The investment property was valued on an open market basis on 5 November 2025 by David Dedman Ltd .

The valuation methodology included the capitalisation of the rental value at an appropriate yield together with judgement of the valuer in respect of comparable properties.

The directors are of the opinion that valuation continues to apply at the balance sheet date and therefore the carrying value of investment property is fairly stated.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

-

131,810

Other debtors

37,499

65,189

37,499

196,999

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Taxation and social security

20,300

51,350

Other creditors

28,442

20,833

48,742

72,183

7.	SECURED DEBTS

National Westminster Bank Plc have a fixed charge over the freehold property of the company.

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

C.J. Rate and Mrs C.A.M. Rate

Balance outstanding at start of year

26,475

(25,373

)

Amounts advanced

116,048

61,468

Amounts repaid

(142,619

)

(9,620

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(96

)

26,475

S.J. Rate

Balance outstanding at start of year

-

Amounts advanced

8,750

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

8,750

-

The above balances were unsecured, interest free and repayable on demand.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S J Rate.