RenaSci Consultancy Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04157254 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2015

for

RenaSci Consultancy Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Dr R B Jones

Dr S C Cheetham

Dr D J Heal

SECRETARY:

Dr R B Jones

REGISTERED OFFICE:

Coburg House

1 Coburg Street

Gateshead

Tyne and Wear

NE8 1NS

REGISTERED NUMBER:

04157254 (England and Wales)

ACCOUNTANTS:

RHK Business Advisers LLP

Chartered Accountants

and Business Advisers

Coburg House

1 Coburg Street

Gateshead

Tyne & Wear

NE8 1NS

CURRENT ASSETS

Debtors

620,400

620,400

TOTAL ASSETS LESS CURRENT LIABILITIES

620,400

620,400

CAPITAL AND RESERVES

Called up share capital

2

620,400

620,400

SHAREHOLDERS' FUNDS

620,400

620,400

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 15 September 2015 and were signed on its behalf by:

Dr D J Heal - Director

Dr R B Jones - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

The company was dormant throughout the current year and previous year.

Deferred tax

The charge for taxation takes into account taxation deferred as a result of timing differences between the

treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised

in respect of all timing differences that have originated but not reversed at the balance sheet date. However,

deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not

that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred taxation is measured on a non-discounted basis at the average tax rates that would apply when the

timing differences are expected to reverse, based on tax rates and laws that have been enacted by the

balance sheet date.

Research and development

Expenditure on research and development is written off in the year in which it is incurred, except for

expenditure on related assets, which are disclosed in these financial statements as intangible assets, and

written off over the expected useful life of those assets.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange

ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating

result.

Government grant

Government grants received in respect of expenditure charged to the profit and loss account during the year

have been included in the profit and loss. The remainder are deferred and included in the profit and loss

account by instalments over the expected useful lives of the related assets.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

620,400

Ordinary

£1

620,400

620,400

3.	ULTIMATE PARENT COMPANY