RWS Southern Properties Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 10672361 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023

FOR

RWS SOUTHERN PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R Shearring

SECRETARY:

REGISTERED OFFICE:

4 Comet House

Calleva Park

Aldermaston

Berkshire

RG7 8JA

REGISTERED NUMBER:

10672361 (England and Wales)

ACCOUNTANTS:

Durrants - Calleva

Accountants and Tax Advisors

4 Comet House

Calleva Park

Aldermaston

Berkshire

RG7 8JA

FIXED ASSETS

Tangible assets

4

543,020

543,020

CURRENT ASSETS

Debtors

5

293

248

Cash at bank

2,318

1,696

2,611

1,944

CREDITORS

Amounts falling due within one year

6

16,895

17,895

NET CURRENT LIABILITIES

(14,284

)

(15,951

)

TOTAL ASSETS LESS CURRENT LIABILITIES

528,736

527,069

CREDITORS

Amounts falling due after more than one year

7

528,404

528,404

NET ASSETS/(LIABILITIES)

332

(1,335

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

232

(1,435

)

SHAREHOLDERS' FUNDS

332

(1,335

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 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 11 August 2023 and were signed by:

R Shearring - Director

1.	STATUTORY INFORMATION

RWS Southern 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 May 2022

and 30 April 2023

543,020

NET BOOK VALUE

At 30 April 2023

543,020

At 30 April 2022

543,020

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/4/23

30/4/22

£

£

Amounts owed by group undertakings

45

-

Other debtors

248

248

293

248

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/4/23

30/4/22

£

£

Amounts owed to group undertakings

1,372

2,372

Other creditors

15,523

15,523

16,895

17,895

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30/4/23

30/4/22

£

£

Bank loans

303,750

303,750

Other creditors

224,654

224,654

528,404

528,404

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

303,750

303,750

8.	RELATED PARTY DISCLOSURES

Other creditors due > 1 year comprises amounts due to the director.