RJ Power Networks Holdings Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11906144 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 26 MARCH 2019 TO 31 MARCH 2020

FOR

RJ POWER NETWORKS HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs S A Higgs

D J Pierce

A Pierce

G A Rowatt

P J White

M M Woolley

REGISTERED OFFICE:

Unit 24

Graylands Estate

Langhurstwood Road

Horsham

West Sussex

RH12 4QD

REGISTERED NUMBER:

11906144 (England and Wales)

ACCOUNTANTS:

MDJ Services Limited

Unit A6

Chaucer Business Park

Dittons Road

Polegate

East Sussex

BN26 6QH

FIXED ASSETS

Investments

4

712

CURRENT ASSETS

Debtors

5

45,500

NET CURRENT ASSETS

45,500

TOTAL ASSETS LESS CURRENT LIABILITIES

46,212

CAPITAL AND RESERVES

Called up share capital

712

Share premium

45,500

SHAREHOLDERS' FUNDS

46,212

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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 25 June 2020 and were signed on its behalf by:

Mrs S A Higgs - Director

1.	STATUTORY INFORMATION

RJ Power Networks Holdings 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.

Investments in subsidiaries

Investments in subsidiaries are stated at cost less impairment. Where shares are acquired by means of a share for

share exchange, the merger relief provisions are followed and cost is taken to be the nominal value of the shares

issued by the company.

Taxation

Taxation for the period 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 period 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 period was NIL.

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

712

At 31 March 2020

712

NET BOOK VALUE

At 31 March 2020

712

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Amounts owed by group undertakings

45,500

6.	RELATED PARTY DISCLOSURES

At the end of the accounting period, the company was owed £45,500 by its subsidiary company, RJ Power Networks

Ltd. The loan is interest free and has no fixed repayment date.