Rhinefield Properties Ltd - Accounts to registrar (filleted) - small 18.2

Rhinefield Properties Ltd - Accounts to registrar (filleted) - small 18.2


IRIS Accounts Productionv19.3.0.61910656589Board of DirectorsBoard of Directors1.4.1831.3.1931.3.19falsetruefalsefalsetruefalseOrdinary1.00000iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure106565892018-03-31106565892019-03-31106565892018-04-012019-03-31106565892017-03-06106565892017-03-072018-03-31106565892018-03-3110656589ns15:EnglandWales2018-04-012019-03-3110656589ns14:PoundSterling2018-04-012019-03-3110656589ns10:Director12018-04-012019-03-3110656589ns10:Director22018-04-012019-03-3110656589ns10:PrivateLimitedCompanyLtd2018-04-012019-03-3110656589ns10:SmallEntities2018-04-012019-03-3110656589ns10:AuditExemptWithAccountantsReport2018-04-012019-03-3110656589ns10:SmallCompaniesRegimeForDirectorsReport2018-04-012019-03-3110656589ns10:SmallCompaniesRegimeForAccounts2018-04-012019-03-3110656589ns10:FullAccounts2018-04-012019-03-3110656589ns10:OrdinaryShareClass12018-04-012019-03-3110656589ns10:RegisteredOffice2018-04-012019-03-3110656589ns5:CurrentFinancialInstruments2019-03-3110656589ns5:CurrentFinancialInstruments2018-03-3110656589ns5:Non-currentFinancialInstruments2019-03-3110656589ns5:Non-currentFinancialInstruments2018-03-3110656589ns5:ShareCapital2019-03-3110656589ns5:ShareCapital2018-03-3110656589ns5:RevaluationReserve2019-03-3110656589ns5:RevaluationReserve2018-03-3110656589ns5:RetainedEarningsAccumulatedLosses2019-03-3110656589ns5:RetainedEarningsAccumulatedLosses2018-03-3110656589ns5:LandBuildings2018-04-012019-03-3110656589ns5:LandBuildings2018-03-3110656589ns5:LandBuildings2019-03-3110656589ns5:LandBuildings2018-03-3110656589ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2019-03-3110656589ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2018-03-3110656589ns5:BetweenTwoFiveYearsns5:Non-currentFinancialInstruments2019-03-3110656589ns5:BetweenTwoFiveYearsns5:Non-currentFinancialInstruments2018-03-3110656589ns10:OrdinaryShareClass12019-03-3110656589ns5:RetainedEarningsAccumulatedLosses2018-03-3110656589ns5:RevaluationReserve2018-03-3110656589ns5:RetainedEarningsAccumulatedLosses2018-04-012019-03-3110656589ns10:Director112018-03-3110656589ns10:Director112017-03-0610656589ns10:Director112018-04-012019-03-3110656589ns10:Director112017-03-072018-03-3110656589ns10:Director112019-03-3110656589ns10:Director112018-03-3110656589ns10:Director222018-03-3110656589ns10:Director222017-03-0610656589ns10:Director222018-04-012019-03-3110656589ns10:Director222017-03-072018-03-3110656589ns10:Director222019-03-3110656589ns10:Director222018-03-31


REGISTERED NUMBER: 10656589(England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2019

for

Rhinefield Properties Ltd

Rhinefield Properties Ltd (Registered number: 10656589)






Contents of the Financial Statements
for the Year Ended 31 March 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Rhinefield Properties Ltd

Company Information
for the Year Ended 31 March 2019







DIRECTORS: AJ Cook
C Peacock





REGISTERED OFFICE: 26 Bell Street
Sawbridgeworth
Hertfordshire
CM21 9AN





REGISTERED NUMBER: 10656589(England and Wales)





ACCOUNTANTS: Lawrence & Company
26 Bell Street
Sawbridgeworth
Hertfordshire
CM21 9AN

Rhinefield Properties Ltd (Registered number: 10656589)

Balance Sheet
31 March 2019

31.3.19 31.3.18
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 715,000 715,000

CURRENT ASSETS
Cash at bank 48,982 10,615

CREDITORS
Amounts falling due within one year 4 447,082 366,074
NET CURRENT LIABILITIES (398,100 ) (355,459 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

316,900

359,541

CREDITORS
Amounts falling due after more than one year 5 334,158 335,175
NET (LIABILITIES)/ASSETS (17,258 ) 24,366

CAPITAL AND RESERVES
Called up share capital 6 100 100
Revaluation reserve 7 127,500 127,500
Retained earnings 7 (144,858 ) (103,234 )
SHAREHOLDERS' FUNDS (17,258 ) 24,366

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

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

Rhinefield Properties Ltd (Registered number: 10656589)

Balance Sheet - continued
31 March 2019


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 Board of Directors on 18 December 2019and were signed on its behalf by:




AJ Cook- Director



C Peacock- Director


Rhinefield Properties Ltd (Registered number: 10656589)

Notes to the Financial Statements
for the Year Ended 31 March 2019

1. STATUTORY INFORMATION

Rhinefield Properties Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - not provided

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. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 April 2018
and 31 March 2019 715,000
NET BOOK VALUE
At 31 March 2019 715,000
At 31 March 2018 715,000

Rhinefield Properties Ltd (Registered number: 10656589)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2019

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.19 31.3.18
£    £   
Bank loans and overdrafts 44,500 44,500
Social security and other taxes - 24
Other creditors 161,140 170,000
Directors' current accounts 241,442 151,550
447,082 366,074

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.19 31.3.18
£    £   
Bank loans - 1-2 years 35,700 35,700
Bank loans - 2-5 years 298,458 299,475
334,158 335,175

6. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.3.19 31.3.18
value: £    £   
100 Ordinary £1 100 100

7. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 April 2018 (103,234 ) 127,500 24,266
Deficit for the year (41,624 ) (41,624 )
At 31 March 2019 (144,858 ) 127,500 (17,358 )

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 31 March 2019 and the period ended
31 March 2018:

31.3.19 31.3.18
£    £   
AJ Cook
Balance outstanding at start of year (1,600 ) -
Amounts advanced (63,520 ) (1,650 )
Amounts repaid - 50
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (65,120 ) (1,600 )

Rhinefield Properties Ltd (Registered number: 10656589)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2019

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

C Peacock
Balance outstanding at start of year (149,950 ) -
Amounts advanced (26,372 ) (150,000 )
Amounts repaid - 50
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (176,322 ) (149,950 )

Rhinefield Properties Ltd

Report of the Accountants to the Directors of
Rhinefield Properties Ltd

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 Income Statement and certain other primary statements and the Report of the Directors are
not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2019 set out on pages three to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Lawrence & Company
26 Bell Street
Sawbridgeworth
Hertfordshire
CM21 9AN


19 December 2019