Rensu Distribution Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02787290 (England and Wales)

REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2018

FOR

RENSU DISTRIBUTION LIMITED

Page

Company Information

1

Report of the Director

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

R Surendran

SECRETARY:

R Surendran

REGISTERED OFFICE:

21 Mulberry Drive

Slough

Berkshire

SL3 7JU

REGISTERED NUMBER:

02787290 (England and Wales)

ACCOUNTANTS:

Param & Company Ltd

1st Floor

44-50 The Broadway

Southall

Middlesex

UB1 1QB

The director presents his report with the financial statements of the company for the year ended 28 February 2018.

PRINCIPAL ACTIVITY

wholesale and distribution of goods to service stations.

DIRECTOR

R Surendran held office during the whole of the period from 1 March 2017 to the date of this report.

STATEMENT OF DIRECTOR'S RESPONSIBILITIES

The director is responsible for preparing the Report of the Director and the financial statements in accordance with

applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director

has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting

Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve

the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and

of the profit or loss of the company for that period. In preparing these financial statements, the director is required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the

company's transactions and disclose with reasonable accuracy at any time the financial position of the company and

enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for

safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud

and other irregularities.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small

companies.

ON BEHALF OF THE BOARD:

R Surendran - Director

27 November 2018

FIXED ASSETS

Tangible assets

4

22,679

39,266

CURRENT ASSETS

Stocks

158,485

175,223

Debtors

5

301,922

190,127

Cash at bank and in hand

113,899

51,236

574,306

416,586

CREDITORS

Amounts falling due within one year

6

383,309

324,747

NET CURRENT ASSETS

190,997

91,839

TOTAL ASSETS LESS CURRENT LIABILITIES

213,676

131,105

CREDITORS

Amounts falling due after more than one year

7

-

7,609

NET ASSETS

213,676

123,496

CAPITAL AND RESERVES

Called up share capital

8

50,000

50,000

Retained earnings

9

163,676

73,496

SHAREHOLDERS' FUNDS

213,676

123,496

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 27 November 2018 and were signed by:

R Surendran - Director

1.	STATUTORY INFORMATION

Rensu Distribution Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on cost

Motor vehicles

-

20% on cost

STOCKS

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

HIRE PURCHASE AND LEASING COMMITMENTS

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2017 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 March 2017

and 28 February 2018

107,855

82,938

190,793

DEPRECIATION

At 1 March 2017

107,855

43,672

151,527

Charge for year

-

16,587

16,587

At 28 February 2018

107,855

60,259

168,114

NET BOOK VALUE

At 28 February 2018

-

22,679

22,679

At 28 February 2017

-

39,266

39,266

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

286,246

174,451

Other debtors

15,676

15,676

301,922

190,127

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Hire purchase contracts

10,338

24,158

Trade creditors

197,635

154,051

Taxation and social security

59,860

30,963

Other creditors

115,476

115,575

383,309

324,747

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2018

2017

£

£

Hire purchase contracts

-

7,609

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

50,000

Ordinary

1

50,000

50,000

9.

RESERVES

Retained

earnings

£

At 1 March 2017

73,496

Profit for the year

115,180

Dividends

(25,000

)

At 28 February 2018

163,676

10.	RELATED PARTY DISCLOSURES

The company paid a dividend of £ 25,000 to Mr R Surendran.