Renand Properties Limited - Accounts to registrar (filleted) - small 18.2
Renand Properties Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 30 November 2018 |
| for |
| Renand Properties Limited |
| Renand Properties Limited (Registered number: 03446955) |
| Contents of the Financial Statements |
| for the Year Ended 30 November 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Renand Properties Limited |
| Company Information |
| for the Year Ended 30 November 2018 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 44 The Pantiles |
| Tunbridge Wells |
| Kent |
| TN2 5TN |
| Renand Properties Limited (Registered number: 03446955) |
| Balance Sheet |
| 30 November 2018 |
| 30.11.18 | 30.11.17 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 3 |
| Investments | 4 |
| Investment property | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 8 | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | 10 | ( |
) | ( |
) |
| NET ASSETS |
| Renand Properties Limited (Registered number: 03446955) |
| Balance Sheet - continued |
| 30 November 2018 |
| 30.11.18 | 30.11.17 |
| Notes | £ | £ |
| CAPITAL AND RESERVES |
| Called up share capital |
| Fair value reserve | 11 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| 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 on |
| Renand Properties Limited (Registered number: 03446955) |
| Notes to the Financial Statements |
| for the Year Ended 30 November 2018 |
| 1. | STATUTORY INFORMATION |
| Renand Properties Limited is a |
| registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents net rental income receivable, excluding value added tax. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair |
| value is recognised in profit or loss. |
| 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. |
| Renand Properties Limited (Registered number: 03446955) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 November 2018 |
| 3. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 December 2017 |
| and 30 November 2018 |
| DEPRECIATION |
| At 1 December 2017 |
| Charge for year |
| At 30 November 2018 |
| NET BOOK VALUE |
| At 30 November 2018 |
| At 30 November 2017 |
| 4. | FIXED ASSET INVESTMENTS |
| Investments (neither listed nor unlisted) were as follows: |
| 30.11.18 | 30.11.17 |
| £ | £ |
| Brought forward | 3,785,492 | 3,039,008 |
| Net movements | 674,596 | 746,484 |
| 4,460,088 | 3,785,492 |
| Fixed asset investments (neither listed nor unlisted) represents the company's capital account balance in Renand |
| Residential LLP. |
| 5. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1 December 2017 |
| Revaluations | 900,000 |
| At 30 November 2018 |
| NET BOOK VALUE |
| At 30 November 2018 |
| At 30 November 2017 |
| Renand Properties Limited (Registered number: 03446955) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 November 2018 |
| 5. | INVESTMENT PROPERTY - continued |
| Fair value at 30 November 2018 is represented by: |
| £ |
| Valuation in 2018 | 11,956,675 |
| Cost | 4,963,325 |
| 16,920,000 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.11.18 | 30.11.17 |
| £ | £ |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.11.18 | 30.11.17 |
| £ | £ |
| Bank loans and overdrafts |
| Taxation and social security |
| Other creditors |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 30.11.18 | 30.11.17 |
| £ | £ |
| Bank loans |
| Amounts falling due in more than five years: |
| Repayable otherwise than by instalments |
| Bank loans more 5 yrs non-inst |
| 9. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 30.11.18 | 30.11.17 |
| £ | £ |
| Bank loans |
| Renand Properties Limited (Registered number: 03446955) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 November 2018 |
| 10. | PROVISIONS FOR LIABILITIES |
| 30.11.18 | 30.11.17 |
| £ | £ |
| Deferred tax | 1,424,173 | 1,282,129 |
| Deferred |
| tax |
| £ |
| Balance at 1 December 2017 |
| Charge to Income Statement during year |
| Balance at 30 November 2018 |
| 11. | RESERVES |
| Fair |
| value |
| reserve |
| £ |
| At 1 December 2017 |
| Transfer | 900,000 |
| At 30 November 2018 |