RCA Estates Ltd Accounts






RCA Estates Ltd

	Company No. 10993486
		Information for Filing with The Registrar
		30 September 2019

The Directors present their report and the accounts for the year ended 30 September 2019.

Principal activities
The principal activity of the company during the year under review was rental of commercial property.




Directors

The Directors who served at any time during the year were as follows:

R. Csondor
S.L. Griffiths




































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

R. Csondor
Director
15 June 2020

at	30 September 2019
Company No.		10993486	Notes	2019	2018
				£	£
Fixed assets


	Investment property		3	196,855	196,855

				196,855	196,855
Current assets

	Debtors		4	713	713

	Cash at bank and in hand			2,376	4,202
				3,089	4,915
Creditors: Amount falling due within one year			5	(60,712)	(62,000)
Net current liabilities				(57,623)	(57,085)
Total assets less current liabilities				139,232	139,770
Creditors: Amounts falling due after more than one year			6	(136,125)	(139,667)



Net assets				3,107	103

Capital and reserves
	Called up share capital			100	100



	Profit and loss account		8	3,007	3

Total equity				3,107	103



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 30 September 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 15 June 2020
And signed on its behalf by:
R. Csondor
Director
15 June 2020

for the year ended 30 September 2019

General information

Its registered number is: 10993486

Its registered office is:

Its trading address is:

1 King Street

Unit 6 De Sallis Court

Worcester

Hampton Lovett Industrial Es

Worcestershire

Droitwich Spa

Worcestershire

WR1 2NX

WR9 0QE

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (March 2018) and the Companies Act 2006. The March 2018 edition of FRS 102 includes amendments arising from the Financial Reporting Council's triennial review of the standard. There is no material effect on the amounts recognised in these financial statements as a result of early adopting these amendments.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer rebates and other similar allowances.

Taxation

Income tax expense represents the sum of the tax currently payable. The tax currently payable is based on taxable profit for the year.

Freehold investment property

No depreciation is provided in respect of investment properties.

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.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Investment property

Freehold Investment Property

Valuation

At 1 October 2018

196,855

At 30 September 2019

196,855

Freehold Investment Property

The freehold investment property was acquired on 8 January 2018.

4	Debtors
			2019	2018
			£	£
		Trade debtors	713	713







			713	713

5	Creditors:
		amounts falling due within one year
			2019	2018
			£	£

		Bank loans and overdrafts	3,542	3,394


		Trade creditors	1,532	713
		Amounts owed to group undertakings	51,653	55,227
		Corporation tax	2,969	1,396
		Other taxes and social security	1,016	1,271


		Accruals and deferred income	-	(1)
			60,712	62,000

		Mortgage secured over freehold investment property, period 25 years from January 2018

6	Creditors:
		amounts falling due after more than one year
			2019	2018
			£	£

		Bank loans and overdrafts	136,125	139,667






			136,125	139,667

		Liabilities repayable in more than five years after the balance sheet date
		Amount repayable by instalments	120,347	124,547

			120,347	124,547

		Mortgage secured over freehold investment property, period 25 years from January 2018

7	Creditors: secured liabilities
			2019	2018
			£	£
		The aggregate amount of secured liabilities included within creditors	139,667	143,061

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

9	Dividends
			2019	2018
			£	£
		Dividends for the period:
		Dividends paid in the period	9,650	5,950

			9,650	5,950

		Dividends by type:

		Equity dividends	9,650	5,950
			9,650	5,950

Related party disclosures

Name of related party

RCA Regeneration Limited

Description of relationship between the parties

Holding company

Description of transaction and general amounts involved

Rental and charges paid totalling £24,174