R E R Property & Investments Limited - Accounts to registrar (filleted) - small 18.2
R E R Property & Investments Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD 12 JULY 2017 TO 31 DECEMBER 2018 |
| FOR |
| R E R PROPERTY & INVESTMENTS LIMITED |
| R E R PROPERTY & INVESTMENTS LIMITED (REGISTERED NUMBER: 04140922) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 12 JULY 2017 TO 31 DECEMBER 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| R E R PROPERTY & INVESTMENTS LIMITED |
| COMPANY INFORMATION |
| FOR THE PERIOD 12 JULY 2017 TO 31 DECEMBER 2018 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Northwood House |
| 138 Bromham Road |
| Bedford |
| Bedfordshire |
| MK40 2QW |
| R E R PROPERTY & INVESTMENTS LIMITED (REGISTERED NUMBER: 04140922) |
| BALANCE SHEET |
| 31 DECEMBER 2018 |
| 31.12.18 | 11.7.17 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 5 |
| Investments | 6 |
| CURRENT ASSETS |
| Debtors | 7 |
| Investments | 8 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 9 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 10 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Revaluation reserve | 12 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| R E R PROPERTY & INVESTMENTS LIMITED (REGISTERED NUMBER: 04140922) |
| BALANCE SHEET - continued |
| 31 DECEMBER 2018 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on |
| R E R PROPERTY & INVESTMENTS LIMITED (REGISTERED NUMBER: 04140922) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 12 JULY 2017 TO 31 DECEMBER 2018 |
| 1. | STATUTORY INFORMATION |
| R E R Property & Investments Limited is a |
| 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. | STATEMENT OF COMPLIANCE |
| 3. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents rent receivable, gross commissions receivable and the profit from the purchase and sale of |
| investments.Consultancy fees are the amounts receivable in the year net of vat. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| No depreciation is provided in respect of freehold investment properties. This represents a departure from |
| statutory accounting principles, which require depreciation to be provided on all fixed assets. The directors |
| consider that the policy is necessary in order that the financial statements may give a true and fair view, because |
| current values and changes in current values are of prime importance rather than the calculation of systematic |
| annual depreciation. Depreciation is only one of many factors reflected in the valuation and the amount which |
| might otherwise have been shown cannot be separately indentified or quantified. |
| Taxation |
| Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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. |
| R E R PROPERTY & INVESTMENTS LIMITED (REGISTERED NUMBER: 04140922) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 12 JULY 2017 TO 31 DECEMBER 2018 |
| 3. | ACCOUNTING POLICIES - continued |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
| scheme are charged to profit or loss in the period to which they relate. |
| 4. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| 5. | TANGIBLE FIXED ASSETS |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| COST OR VALUATION |
| At 12 July 2017 |
| Additions |
| Disposals | ( |
) | ( |
) |
| Revaluations | ( |
) | ( |
) |
| At 31 December 2018 |
| DEPRECIATION |
| At 12 July 2017 |
| and 31 December 2018 |
| NET BOOK VALUE |
| At 31 December 2018 |
| At 11 July 2017 |
| Cost or valuation at 31 December 2018 is represented by: |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| Valuation in 2016 | 49,797 | - | 49,797 |
| Valuation in 2017 | 33,525 | - | 33,525 |
| Valuation in 2018 | (31,279 | ) | - | (31,279 | ) |
| Cost | 157,957 | 3,642 | 161,599 |
| 210,000 | 3,642 | 213,642 |
| The revaluation surplus reflects the change in valuation on the freehold property. The director R Leonard has |
| valued the properties as at the balance sheet date. In 2007 they were professionally valued. |
| R E R PROPERTY & INVESTMENTS LIMITED (REGISTERED NUMBER: 04140922) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 12 JULY 2017 TO 31 DECEMBER 2018 |
| 6. | FIXED ASSET INVESTMENTS |
| Other |
| investments |
| £ |
| COST |
| Additions |
| At 31 December 2018 |
| NET BOOK VALUE |
| At 31 December 2018 |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.18 | 11.7.17 |
| £ | £ |
| Trade debtors |
| 8. | CURRENT ASSET INVESTMENTS |
| 31.12.18 | 11.7.17 |
| £ | £ |
| Listed investments | 1,058,704 | 221,613 |
| 9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.18 | 11.7.17 |
| £ | £ |
| Bank loans and overdrafts |
| Taxation and social security |
| Other creditors |
| 10. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.12.18 | 11.7.17 |
| £ | £ |
| Bank loans |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans repayable in more |
| than 5 years by instalments | 1,993 | 9,367 |
| 1,993 | 9,367 |
| R E R PROPERTY & INVESTMENTS LIMITED (REGISTERED NUMBER: 04140922) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 12 JULY 2017 TO 31 DECEMBER 2018 |
| 11. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 31.12.18 | 11.7.17 |
| £ | £ |
| Bank loans |
| 12. | RESERVES |
| Revaluation |
| reserve |
| £ |
| At 12 July 2017 |
| and 31 December 2018 |