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

REGISTERED NUMBER: 06747107 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2021

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

101

218

CURRENT ASSETS

Debtors

5

59,000

90,177

Cash at bank

50,136

69,315

109,136

159,492

CREDITORS

Amounts falling due within one year

6

4,680

1,045

NET CURRENT ASSETS

104,456

158,447

TOTAL ASSETS LESS CURRENT LIABILITIES

104,557

158,665

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

104,457

158,565

SHAREHOLDERS' FUNDS

104,557

158,665

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2021 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 24 November 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 year was 1 (2020 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 October 2020

and 30 September 2021

1,513

DEPRECIATION

At 1 October 2020

1,295

Charge for year

117

At 30 September 2021

1,412

NET BOOK VALUE

At 30 September 2021

101

At 30 September 2020

218

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.21

30.9.20

£

£

Trade debtors

59,000

63,000

Directors' loan accounts

-

27,177

59,000

90,177

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.21

30.9.20

£

£

Trade creditors

45

44

Directors' loan accounts

3,735

-

Accrued expenses

900

1,001

4,680

1,045

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 30 September 2021 and the period ended 30 September 2020:

30.9.21

30.9.20

£

£

T Welsh

Balance outstanding at start of year

27,177

690

Amounts advanced

21,210

52,409

Amounts repaid

(52,122

)

(25,922

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(3,735

)

27,177

At the beginning of the year the directors owed the company £27,177. During the period the company advanced the director and director incurred expenses on behalf of the company. At the year end the balance of £3,735 was due to the director.

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is T Welsh.