Reliance (Midlands) Ltd,Ltd - AccountsLtd - Accounts

Reliance (Midlands) Ltd,Ltd - AccountsLtd - Accounts

RELIANCE (MIDLANDS) LTD - Company Information

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2022-04-01 12612024 2023-03-31 12612024 2022-04-01 2023-03-31 12612024 2022-03-31 12612024 2021-04-01 2022-03-31 12612024 uk-core:WithinOneYear 2022-03-31 12612024 uk-core:WithinOneYear 2023-03-31 12612024 uk-core:AfterOneYear 2022-03-31 12612024 uk-core:AfterOneYear 2023-03-31 12612024 uk-core:ShareCapital 2023-03-31 12612024 uk-core:ShareCapital 2022-03-31 12612024 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 12612024 uk-core:RetainedEarningsAccumulatedLosses 2022-03-31 12612024 uk-bus:Director1 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure 12612024 uk-bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 12612024 uk-bus:FRS102 2022-04-01 2023-03-31 12612024 uk-bus:FullAccounts 2022-04-01 2023-03-31 12612024 uk-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31
Reliance (Midlands) Ltd
Registered Number:12612024
For the year ended 31 March 2023
England and Wales
Report of the Directors and Amended Unaudited Financial Statements
2
For the year ended 31 March 2023
Reliance (Midlands) Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
12612024
As at 31 March 2023
Reliance (Midlands) Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
496,739
496,739
Investment property
496,739
496,739
Current assets
Trade and other receivables
830
590
2
4,091
Cash and cash equivalents
12,215
12,805
4,921
Trade and other payables: amounts falling due within one
year
(27,899)
(16,449)
3
(22,978)
(3,644)
Net current liabilities
Total assets less current liabilities
493,095
473,761
Trade and other payables: amounts falling due after more
than one year
(430,500)
(430,756)
4
62,339
Net assets
43,261
Capital and reserves
Called up share capital
2
2
Retained earnings
62,337
43,259
62,339
43,261
Shareholders' funds
For the year ended 31 March 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 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.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr R P Singh Director
These financial statements were approved and authorised for issue by the Board on 05 May 2023 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2023
Reliance (Midlands) Ltd
Notes to the Financial Statements
Statutory Information
Reliance (Midlands) Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 12612024.
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
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
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.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
2. Trade and other receivables
2022
2023
£
£
Other debtors
590
830
3. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
4,880
1,074
Taxation and social security
7,467
4,842
Other creditors
4,102
21,983
16,449
27,899
2 of 3
5
For the year ended 31 March 2023
Reliance (Midlands) Ltd
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft (secured)
305,756
305,500
Amounts owed to group undertaking and undertaking in which the
company has a participating interest
125,000
125,000
430,756
430,500
5. Average number of persons employed
During the year the average number of employees was 0
6. Parent-subsidiary relationship
White Hawk Holdings Ltd is parent company which is incorporated in England & Wales.
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