Real Estate Finance Partners Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06747107 (England and Wales)

Unaudited Financial Statements

for the Period 1 April 2019 to 30 September 2020

for

Real Estate Finance Partners Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

T Welsh

REGISTERED OFFICE:

39 Long Acre

London

WC2E 9LG

REGISTERED NUMBER:

06747107 (England and Wales)

ACCOUNTANTS:

We`ll Mind Your Own Business LTD

39 Long Acre

London

WC2E 9LG

FIXED ASSETS

Tangible assets

4

218

332

CURRENT ASSETS

Debtors

5

90,177

74,263

Cash at bank

69,315

117,711

159,492

191,974

CREDITORS

Amounts falling due within one year

6

1,045

900

NET CURRENT ASSETS

158,447

191,074

TOTAL ASSETS LESS CURRENT LIABILITIES

158,665

191,406

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

158,565

191,306

SHAREHOLDERS' FUNDS

158,665

191,406

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2020.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 February 2021 and were signed by:

T Welsh - Director

1.	STATUTORY INFORMATION

Real Estate Finance Partners 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.

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2019 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 April 2019

and 30 September 2020

1,513

DEPRECIATION

At 1 April 2019

1,181

Charge for period

114

At 30 September 2020

1,295

NET BOOK VALUE

At 30 September 2020

218

At 31 March 2019

332

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.20

31.3.19

£

£

Trade debtors

63,000

73,000

Directors' loan accounts

27,177

690

Prepayments

-

573

90,177

74,263

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.20

31.3.19

£

£

Trade creditors

44

-

Accrued expenses

1,001

900

1,045

900

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30 September 2020 and the year ended 31 March 2019:

30.9.20

31.3.19

£

£

T Welsh

Balance outstanding at start of period

690

6,352

Amounts advanced

52,409

4,477

Amounts repaid

(25,922

)

(10,139

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

27,177

690

At the beginning of the year the directors owed the company £690. During the period the company advanced the director and director incurred expenses on behalf of the company. At the year end the balance of £27,177 was due from the director. The loan was repaid within the period of 9 months after the year end.

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is T Welsh.