R&R Yorkshire Properties Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10941622 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2020

FOR

R&R YORKSHIRE PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs J Race

Ms A M Ryan

REGISTERED OFFICE:

35 Wilkinson Street

SHEFFIELD

S10 2GB

REGISTERED NUMBER:

10941622 (England and Wales)

ACCOUNTANTS:

Hollis and Co Limited

Chartered Accountants

35 Wilkinson Street

Sheffield

South Yorkshire

S10 2GB

FIXED ASSETS

Investments

4

844,935

844,935

CURRENT ASSETS

Debtors

5

1,875

34,914

Cash at bank

45,018

699

46,893

35,613

CREDITORS

Amounts falling due within one year

6

332,818

362,366

NET CURRENT LIABILITIES

(285,925

)

(326,753

)

TOTAL ASSETS LESS CURRENT LIABILITIES

559,010

518,182

CREDITORS

Amounts falling due after more than one year

7

267,168

341,217

NET ASSETS

291,842

176,965

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

291,840

176,963

SHAREHOLDERS' FUNDS

291,842

176,965

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2020 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 July 2021 and were signed on its behalf by:

Mrs J Race - Director

Ms A M Ryan - Director

1.	STATUTORY INFORMATION

R&R Yorkshire 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.

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.

Preparation of consolidated financial statements

The financial statements contain information about R&R Yorkshire Properties Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2019 - 3 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 December 2019

and 30 November 2020

844,935

NET BOOK VALUE

At 30 November 2020

844,935

At 30 November 2019

844,935

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade debtors

1,875

3,750

Other debtors

-

31,164

1,875

34,914

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Bank loans and overdrafts

7,832

73,370

Trade creditors

3,614

19,546

Amounts owed to group undertakings

-

11,040

Taxation and social security

18,654

-

Other creditors

302,718

258,410

332,818

362,366

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2020

2019

£

£

Bank loans

42,168

116,217

Amounts owed to group undertakings

225,000

-

Other creditors

-

225,000

267,168

341,217

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

2,328

-

8.	SECURED DEBTS

The following secured debts are included within creditors:

2020

2019

£

£

Bank loans

50,000

189,587

A fixed and floating charge over all assets has been granted to HSBC Bank plc

9.	RELATED PARTY DISCLOSURES

Loans have been provided by directors which total £252,098 at the year end. No advances nor repayments have been made during the year, and no interest has been charged during the year.