Real Property (UK) Limited - Accounts to registrar (filleted) - small 18.2
Real Property (UK) Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31st March 2019 |
for |
REAL PROPERTY (UK) LIMITED |
REAL PROPERTY (UK) LIMITED (REGISTERED NUMBER: 06486683) |
Contents of the Financial Statements |
for the Year Ended 31st March 2019 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Accountants' Report | 6 |
REAL PROPERTY (UK) LIMITED |
Company Information |
for the Year Ended 31st March 2019 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
43 Coniscliffe Road |
Darlington |
Co. Durham |
DL3 7EH |
REAL PROPERTY (UK) LIMITED (REGISTERED NUMBER: 06486683) |
Abridged Balance Sheet |
31st March 2019 |
31/3/19 | 31/3/18 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investment property | 5 |
CURRENT ASSETS |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
6 |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Revaluation reserve | 7 |
Retained earnings |
SHAREHOLDERS' FUNDS |
REAL PROPERTY (UK) LIMITED (REGISTERED NUMBER: 06486683) |
Abridged Balance Sheet - continued |
31st March 2019 |
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. |
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 by: |
REAL PROPERTY (UK) LIMITED (REGISTERED NUMBER: 06486683) |
Notes to the Financial Statements |
for the Year Ended 31st March 2019 |
1. | STATUTORY INFORMATION |
Real Property (UK) Limited is a |
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 |
The financial statements have been prepared on the going concern basis. |
Turnover |
Turnover represents net invoiced rental income, excluding value added tax. |
Tangible fixed assets |
Plant and machinery | - |
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 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 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 |
REAL PROPERTY (UK) LIMITED (REGISTERED NUMBER: 06486683) |
Notes to the Financial Statements - continued |
for the Year Ended 31st March 2019 |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
Additions |
At 31st March 2019 |
NET BOOK VALUE |
At 31st March 2019 |
5. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1st April 2018 |
Additions |
Revaluations | ( |
) |
At 31st March 2019 |
NET BOOK VALUE |
At 31st March 2019 |
At 31st March 2018 |
Fair value at 31st March 2019 is represented by: |
£ |
Valuation in 2018 | 50,000 |
Valuation in 2019 | (50,000 | ) |
Cost | 406,424 |
406,424 |
Investment property was valued on a fair value basis on 31st March 2019 by the Directors . |
6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS |
31/3/19 | 31/3/18 |
£ | £ |
Repayable by instalments |
Bank loans | 221,274 | - |
7. | RESERVES |
Revaluation |
reserve |
£ |
At 1st April 2018 |
Transfer of investment |
property revaluation | (41,410 | ) |
At 31st March 2019 |
Accountants' Report to the Board of Directors |
on the Unaudited Financial Statements of |
Real Property (UK) Limited |
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 Abridged 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 Real Property (UK) Limited for the year ended 31st March 2019 which comprise the Abridged |
Income Statement, Abridged Balance Sheet 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 http://www.accaglobal.com/rulebook. |
This report is made solely to the Board of Directors of Real Property (UK) Limited, as a body, in accordance with the terms of our engagement letter dated 6th December 2018. Our work has been undertaken solely to prepare for your approval the financial statements of Real Property (UK) Limited and state those matters that we have agreed to state to the Board of Directors of Real Property (UK) Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. 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 Real Property (UK) 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 loss of Real Property (UK) Limited. You consider that Real Property (UK) 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 Real Property (UK) 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. |
43 Coniscliffe Road |
Darlington |
Co. Durham |
DL3 7EH |