| Renchild Holdings Limited |
Registered number |
| Balance Sheet |
10478980 |
| as at 30 November 2017 |
|
|
| Notes |
|
|
2017 |
|
| £ |
|
| Fixed assets |
| Investment property |
2 |
|
|
606,137 |
|
| Current assets |
| Debtors |
3 |
|
38,946 |
| Cash at bank and in hand |
|
|
23,465 |
|
|
|
62,411 |
|
|
|
| Creditors: amounts falling due within one year |
4 |
|
(634,618) |
|
| Net current liabilities |
|
|
|
(572,207) |
|
|
| Net assets |
|
|
|
33,930 |
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
| Profit and loss account |
|
|
|
33,830 |
|
| Shareholders' funds |
|
|
|
33,930 |
|
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| S Gilbert |
| Director |
| Approved by the board on 3 August 2018 |
|
| Renchild Holdings Limited |
| Notes to the Accounts |
| for the period from 15 November 2016 to 30 November 2017 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland, as applied to small entities by section 1A of the standard. |
|
|
Turnover |
|
Turnover represents rents receivable for the period. |
|
|
Investment property - freehold land and buildings |
|
Investment property is initially valued at cost but is subject to revaluation at the balance sheet date to reflect open market value should this differ from the carrying value. Any changes in value are reflected in the profit and loss account. The company departs from the normal requirement to charge depreciation on investment property in order to satisfy the overriding requirement for the accounts to give a true and fair view of the company's results and financial position. |
|
|
|
| 2 |
Investment property |
| £ |
|
|
Cost/valuation |
|
Additions |
606,137 |
|
At 30 November 2017 |
606,137 |
|
|
|
|
|
|
|
|
|
|
The company's investment property have not been subject to any valuation adjustments as at 30 November 2017 since the director considers that the carrying value adequately reflects open market value, taking all considerations into account. |
|
|
|
| 3 |
Debtors |
2017 |
|
| £ |
|
|
|
Trade debtors |
16,866 |
|
Other debtors |
22,080 |
|
|
|
|
|
|
38,946 |
|
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2017 |
|
| £ |
|
|
|
Corporation tax |
|
|
|
|
8,121 |
|
Other taxes |
5,392 |
|
Other creditors |
621,105 |
|
|
|
|
|
|
634,618 |
|
|
|
|
|
|
|
|
|
|
|
| 5 |
Controlling party |
|
|
At 30 November 2017, the company was controlled by Mrs S Gilbert, who owned the company's entire issued share capital. |
|
|
|
| 6 |
Other information |
|
|
Renchild Holdings Limited is a private company limited by shares and incorporated in England. Its registered office is Unit 4, Ashdown Court, Lewes Road, Forest Row, East Sussex RH18 5EZ. |
