RR & RD Properties Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08146948 (England and Wales)

Financial Statements for the Year Ended 31 December 2019

for

RR & RD Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

4

DIRECTORS:

Mr R J Rogers

Mr R L Dawson

REGISTERED OFFICE:

4 Cromwell Court

New Street

Aylesbury

Buckinghamshire

HP20 2PB

REGISTERED NUMBER:

08146948 (England and Wales)

FIXED ASSETS

Tangible assets

4

2,105,083

1,957,031

CURRENT ASSETS

Debtors

5

681,498

681,448

Cash at bank and in hand

3,441

10,543

684,939

691,991

CREDITORS

Amounts falling due within one year

6

(834,483

)

(680,893

)

NET CURRENT (LIABILITIES)/ASSETS

(149,544

)

11,098

TOTAL ASSETS LESS CURRENT LIABILITIES

1,955,539

1,968,129

CREDITORS

Amounts falling due after more than one year

7

(1,675,969

)

(1,752,168

)

NET ASSETS

279,570

215,961

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

279,470

215,861

SHAREHOLDERS' FUNDS

279,570

215,961

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2019 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.

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 Board of Directors and authorised for issue on 12 November 2020 and were signed on its behalf by:

Mr R J Rogers - Director

1.	STATUTORY INFORMATION

RR & RD 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

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 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.

Fixed assets

All fixed assets are initially recorded at cost. The company does not depreciate Freehold Property and has no

other tangible fixed assets.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 January 2019

1,957,031

Additions

148,052

At 31 December 2019

2,105,083

NET BOOK VALUE

At 31 December 2019

2,105,083

At 31 December 2018

1,957,031

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Other debtors

681,498

681,448

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Bank loans and overdrafts

77,800

76,200

Trade creditors

3,763

-

Taxation and social security

14,921

14,865

Other creditors

737,999

589,828

834,483

680,893

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2019

2018

£

£

Bank loans

1,675,969

1,752,168