Reliance Investments Limited,Ltd - AccountsLtd - Accounts
Reliance Investments Limited,Ltd - AccountsLtd - Accounts
Registered Number:06088720 |
For the year ended 30 June 2021
England and Wales
Report of the Directors and Financial Statements
2
For the year ended 30 June 2021
Reliance Investments Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number : |
As at |
Reliance Investments Limited
Statement of Financial Position
£ |
£ |
2020
2021
Notes |
Fixed assets |
Property, plant and equipment |
Investment property |
Financial assets |
2
Current assets |
Trade and other receivables |
3
Cash and cash equivalents |
Trade and other payables: amounts falling due within one |
year |
(71,978 )
(95,574 )
4
4,619,163
Net current assets
Total assets less current liabilities |
Trade and other payables: amounts falling due after more |
than one year |
(7,703,137 )
(7,729,391 )
5
(61,097 )
(61,097 )
Provisions for liabilities |
Net assets
Capital and reserves |
Called up share capital |
Retained earnings |
Shareholders' funds
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 Section |
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. |
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4
Registered Number : |
For the year ended 30 June 2021
Reliance Investments Limited
Statement of Financial Position Continued
These financial statements were approved and authorised for issue by the Board on |
The notes form part of these financial statements |
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5
For the year ended 30 June 2021
Reliance Investments Limited
Notes to the Financial Statements
Statutory Information
Reliance Investments Limited is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 06088720. |
Registered address: |
Top Floor Bridgewater House
866 -868 Uxbridge Road
Hayes
Middlesex
UB4 0RR
The presentation currency is £ sterling. |
1. Accounting policies |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Property, plant and equipment
Computer equipment
The company''s freehold properties are revalued in full every five years. Interim valuations are carried out when it is |
likely that there has been a material change in value. |
No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected |
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation |
would be immaterial. The directors undertake an annual impairment review of these properties. |
Investment property
Deferred tax
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6
For the year ended 30 June 2021
Reliance Investments Limited
Notes to the Financial Statements Continued
2. Investments held as fixed assets |
Other investments |
Total |
At 01 July 2020 |
Cost |
£ |
£ |
At 30 June 2021 |
At 30 June 2021 |
Net book value |
At 01 July 2020 |
3. Trade and other receivables |
2020
2021
£ |
£ |
Trade debtors |
Amounts owed by group undertakings and participating interests |
Other debtors |
The debtors above include the following amounts falling due after more than one year: |
Amounts owed by group undertakings and participating interests |
Other debtors |
4. Trade and other payables: amounts falling due within one year |
2020
2021
£ |
£ |
Bank loans and overdraft |
Trade creditors |
Taxation and social security |
Other creditors |
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7
For the year ended 30 June 2021
Reliance Investments Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due after more than one year |
2020
2021
£ |
£ |
Bank loans and overdraft |
Bank loans and overdraft (secured) |
5,928,965
4,882,084
Amounts owed to group undertaking and undertaking in which the |
company has a participating interest |
Other creditors |
6. Average number of persons employed |
During the year the average number of employees was 2 (2020 : 2 )
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