Resiprem Ltd - Accounts to registrar (filleted) - small 18.2

Resiprem Ltd - Accounts to registrar (filleted) - small 18.2

RESIPREM LTD - Company Information

Print Friendly Version

PTP Accounts Production v20.3.0.228 10213035 director 1.1.19 31.12.19 31.12.19 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure102130352018-12-31102130352019-12-31102130352019-01-012019-12-31102130352017-12-31102130352018-01-012018-12-31102130352018-12-3110213035ns16:EnglandWales2019-01-012019-12-3110213035ns15:Euro2019-01-012019-12-3110213035ns11:Director12019-01-012019-12-3110213035ns11:PrivateLimitedCompanyLtd2019-01-012019-12-3110213035ns11:SmallEntities2019-01-012019-12-3110213035ns11:AuditExempt-NoAccountantsReport2019-01-012019-12-3110213035ns11:SmallCompaniesRegimeForDirectorsReport2019-01-012019-12-3110213035ns11:SmallCompaniesRegimeForAccounts2019-01-012019-12-3110213035ns11:FullAccounts2019-01-012019-12-3110213035ns11:RegisteredOffice2019-01-012019-12-3110213035ns6:CurrentFinancialInstruments2019-12-3110213035ns6:CurrentFinancialInstruments2018-12-3110213035ns6:Non-currentFinancialInstruments2019-12-3110213035ns6:Non-currentFinancialInstruments2018-12-3110213035ns6:ShareCapital2019-12-3110213035ns6:ShareCapital2018-12-3110213035ns6:RetainedEarningsAccumulatedLosses2019-12-3110213035ns6:RetainedEarningsAccumulatedLosses2018-12-3110213035ns6:CostValuation2018-12-3110213035ns6:RevaluationsIncreaseDecreaseInInvestments2019-12-3110213035ns6:CostValuation2019-12-3110213035ns6:CurrentFinancialInstrumentsns6:WithinOneYear2019-12-3110213035ns6:CurrentFinancialInstrumentsns6:WithinOneYear2018-12-31
REGISTERED NUMBER: 10213035 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2019

for

Resiprem Ltd
Resiprem Ltd (Registered number: 10213035)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Resiprem Ltd

Company Information
for the Year Ended 31 December 2019







DIRECTOR: C Chan





REGISTERED OFFICE: Carrington House
126-130. Regent Street
London
W1B 5SE





REGISTERED NUMBER: 10213035 (England and Wales)





ACCOUNTANTS: Nizar Kanji & Co
Chartered Accountants
18 The Fairway
Northwood
Middlesex
HA6 3DY
Page 1
Resiprem Ltd (Registered number: 10213035)

Balance Sheet
31 December 2019

2019 2018
Notes €    €    €    €   
FIXED ASSETS
Investments 4 1,341,998 1,093,876

CURRENT ASSETS
Debtors 5 1,045,741 762,485
Cash at bank 9 472
1,045,750 762,957
CREDITORS
Amounts falling due within one year 6 2,522 3,754
NET CURRENT ASSETS 1,043,228 759,203
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,385,226
1,853,079

CREDITORS
Amounts falling due after more than one
year
7
2,150,181
1,869,384
NET ASSETS/(LIABILITIES) 235,045 (16,305 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 235,044 (16,306 )
235,045 (16,305 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 notes form part of these financial statements

Page 2 continued...
Resiprem Ltd (Registered number: 10213035)

Balance Sheet - continued
31 December 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 director and authorised for issue on 17 December 2020 and were signed by:





C Chan - Director


The notes form part of these financial statements

Page 3
Resiprem Ltd (Registered number: 10213035)

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

1. STATUTORY INFORMATION

Resiprem 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.

The presentation currency of the financial statements is the Euro (€).


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 as modified by the revaluation of certain assets.

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 (2018 - NIL).

4. FIXED ASSET INVESTMENTS
Other
investments
€   
COST OR VALUATION
At 1 January 2019 1,093,876
Revaluations 248,122
At 31 December 2019 1,341,998
NET BOOK VALUE
At 31 December 2019 1,341,998
At 31 December 2018 1,093,876

Page 4 continued...
Resiprem Ltd (Registered number: 10213035)

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

4. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 December 2019 is represented by:

Other
investments
€   
Valuation in 2020 248,122
Cost 1,093,876
1,341,998

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
€    €   
Amounts owed by associates 655,033 399,718
Other debtors 390,708 362,767
1,045,741 762,485

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
€    €   
Other creditors 2,522 3,754

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2019 2018
€    €   
Amounts owed to group undertakings 2,150,181 1,869,384

8. RELATED PARTY DISCLOSURES

The Company has received loans from its parent company , VC Beta Limited a company incorporated and registered in Gibraltar. The loan at 31 December 2019 was €2,150,181 (2018: €1,869,384).

Page 5