ACCOUNTS - Final Accounts preparation

ACCOUNTS - Final Accounts preparation

REES GROUP HOLDINGS LTD - Company Information

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Caseware UK (AP4) 2022.0.179 2022.0.179 2023-01-312023-01-3112022-02-01falsetrueHolding company1trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13055104 2022-02-01 2023-01-31 13055104 2020-12-01 2022-01-31 13055104 2023-01-31 13055104 2022-01-31 13055104 c:Director1 2022-02-01 2023-01-31 13055104 d:ShareCapital 2023-01-31 13055104 d:ShareCapital 2022-01-31 13055104 c:OrdinaryShareClass1 2022-02-01 2023-01-31 13055104 c:OrdinaryShareClass1 2023-01-31 13055104 c:OrdinaryShareClass1 2022-01-31 13055104 c:FRS102 2022-02-01 2023-01-31 13055104 c:AuditExempt-NoAccountantsReport 2022-02-01 2023-01-31 13055104 c:FullAccounts 2022-02-01 2023-01-31 13055104 c:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 13055104 6 2022-02-01 2023-01-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13055104










REES GROUP HOLDINGS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2023
 
REES GROUP HOLDINGS LIMITED
REGISTERED NUMBER: 13055104

BALANCE SHEET
AS AT 31 JANUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 5 
100
100

  
100
100

  

Total assets less current liabilities
  
 
100
 
100

  

Net assets
  
100
100


Capital and reserves
  

Called up share capital 
 6 
100
100

  
100
100


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 25 October 2023.




E G Rees
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1
 
REES GROUP HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1.


General information

Rees Group Holdings Limited, 13055104, is a private company limited by shares, incorporated in England and Wales, with its registered office at 10 St Giles Business Park, Pool Road, Newtown, Powys, United Kingdom, SY16 3AJ and principal place of business at Unit C, Mochdre Industrial Estate, Newtown, Powys, SY16 4LE.
The principal activity of the Company is that of a holding company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Valuation of investments

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.3

Associates and joint ventures

Associates and Joint Ventures are held at cost less impairment.


3.


Judgments in applying accounting policies and key sources of estimation uncertainty

Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations or future events that are believed to be reasonable under the circumstances.
The Company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. In the opinion of the directors there are no estimates nor assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.


4.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 2
 
REES GROUP HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

5.


Fixed asset investments





Investment in joint ventures

£



Cost or valuation


At 1 February 2022
100



At 31 January 2023
100





6.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1.00 each
100
100


Page 3