R & W Lettings and Property Mgt Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 07409329 (England and Wales)

ABRIDGED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

R & W LETTINGS AND PROPERTY MANAGEMENT

LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

7

DIRECTORS:

Mr S Roberts

Mr G Wigginton

REGISTERED OFFICE:

10 The Crescent

Adel

Leeds

LS16 6AA

BUSINESS ADDRESS:

The Old Church

55-57 Grove Road

Harrogate

HG1 5EP

REGISTERED NUMBER:

07409329 (England and Wales)

ACCOUNTANTS:

D & J Randles

10 The Crescent

Adel

Leeds

West Yorkshire

LS16 6AA

FIXED ASSETS

Intangible assets

4

795

4,355

Tangible assets

5

14,175

16,979

14,970

21,334

CURRENT ASSETS

Debtors

20,210

26,650

Cash at bank

20,932

21,513

41,142

48,163

CREDITORS

Amounts falling due within one year

53,330

62,341

NET CURRENT LIABILITIES

(12,188

)

(14,178

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,782

7,156

CREDITORS

Amounts falling due after more than one
year

2,431

6,598

NET ASSETS

351

558

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

251

458

351

558

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 directors acknowledge their 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2026 and were signed on its behalf by:

Mr S Roberts - Director

1.	STATUTORY INFORMATION

R & W Lettings and Property Management 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.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Goodwill

In accordance with FRS102, Goodwill is now being depreciated over a life of 10 years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2025

and 31 December 2025

48,686

AMORTISATION

At 1 January 2025

44,331

Amortisation for year

3,560

At 31 December 2025

47,891

NET BOOK VALUE

At 31 December 2025

795

At 31 December 2024

4,355

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2025

36,533

Additions

1,303

At 31 December 2025

37,836

DEPRECIATION

At 1 January 2025

19,554

Charge for year

4,107

At 31 December 2025

23,661

NET BOOK VALUE

At 31 December 2025

14,175

At 31 December 2024

16,979

In 2024, the directors re-evaluated the useful life of the company's motor vehicles and concluded that the depreciation charged in the accounts to date had been overstated. The accounts have therefore been corrected to reflect the estimated actual depreciation to date.

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.12.25

31.12.24

£

Mr S Roberts

Balance outstanding at start of year

5,559

-

Amounts advanced

3,386

5,559

Amounts repaid

(5,559

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

3,386

5,559

Mr G Wigginton

Balance outstanding at start of year

5,559

-

Amounts advanced

3,386

5,559

Amounts repaid

(5,559

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

3,386

5,559

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of R & W Lettings and Property Management Limited for the year ended 31 December 2025 which comprise the Profit and Loss Account, Abridged Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the Board of Directors of R & W Lettings and Property Management Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of R & W Lettings and Property Management Limited and state those matters that we have agreed to state to the Board of Directors of R & W Lettings and Property Management Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that R & W Lettings and Property Management Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of R & W Lettings and Property Management Limited. You consider that R & W Lettings and Property Management Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of R & W Lettings and Property Management Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

D & J Randles

10 The Crescent

Adel

Leeds

West Yorkshire

LS16 6AA

25 September 2026