Company Registration No. 01574992 (England and Wales)
RHENUS HAUSER LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
PAGES FOR FILING WITH REGISTRAR
RHENUS HAUSER LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
RHENUS HAUSER LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2021
31 December 2021
- 1 -
2021
2020
Notes
£
£
£
£
Fixed assets
Investments
2
89,924
89,924
Current assets
Debtors
4
428,688
428,688
Net current assets
428,688
428,688
Net assets
518,612
518,612
Capital and reserves
Called up share capital
5
13,404
13,404
Share premium account
214,298
214,298
Profit and loss reserves
290,910
290,910
Total equity
518,612
518,612
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial year ended 31 December 2021 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
T
he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 23 September 2022 and are signed on its behalf by:
G A Hollington
Director
Company Registration No. 01574992
RHENUS HAUSER LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
- 2 -
1
Accounting policies
Company information
Rhenus Hauser Limited is a
private
company
limited by shares
incorporated in
England and Wales
.
The registered office is
Liverpool Road, Eccles, Manchester, United Kingdom, M30 7RF.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, the principal accounting policies adopted are set out below.
1.2
Profit and loss account
The company has not traded during the year or the preceding financial period. During
this time,
the company received no income and incurred no expenditure and therefore no
Profit and loss account
is presented
in these financial statements.
1.3
Fixed asset investments
Interests in subsidiaries
are initially measured at cost and subsequently measured at cost less any accumulated impairment losses.
The investments are assessed for impairment at each reporting date
and
any
impairment
losses or reversals of impairment losses are recognised immediately in
profit
or
loss
.
A subsidiary is an entity controlled by the company
. Control is
the power to govern the financial and operating policies of
the
entity so as to obtain benefits from its activities.
1.4
Financial instruments
Financial instruments are classified and accounted for according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
2
Fixed asset investments
2021
2020
£
£
Investments
89,924
89,924
RHENUS HAUSER LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
2
Fixed asset investments
(Continued)
- 3 -
Movements in fixed asset investments
Shares in group undertakings
Other fixed asset investments
Total
£
£
£
Cost or valuation
At 1 January 2021 & 31 December 2021
100,924
14,000
114,924
Impairment
At 1 January 2021 & 31 December 2021
11,000
14,000
25,000
Carrying amount
At 31 December 2021
89,924
-
89,924
At 31 December 2020
89,924
-
89,924
3
Subsidiaries
Details of the company's subsidiaries at 31 December 2021 are as follows:
Name of undertaking
Country of
Nature of business
Class of
incorporation
shares held
Holding %
Rhenus Hauser Forwarding Limited
UK
Dormant
Ordinary
100.00
Rhenus Hauser London Limited
UK
Dormant
Ordinary
100.00
Rhenus Hauser Midlands Limited
UK
Dormant
Ordinary
100.00
Rhenus Hauser Yorkshire Limited
UK
Dormant
Ordinary
100.00
4
Debtors
2021
2020
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
428,688
428,688
5
Called up share capital
2021
2020
2021
2020
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
13,404
13,404
13,404
13,404
RHENUS HAUSER LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
- 4 -
6
Related party transactions
Amounts owed to/by related parties
The company has taken advantage of the exemption conferred by Section 33 Related Party Disclosures paragraph 33.7 not to disclose details of transactions with other members of the group.
The following amounts were due from/(to) group companies at the reporting end date:
2021
2020
£
£
Rhenus Logistics Limited
428,688
428,668
7
Parent company
At the current and preceding year ends the company was a wholly owned subsidiary of Rhenus Logistics Limited.
The
ultimate parent undertaking is Rethmann SE & Co. KG, a private company controlled by its directors. The smallest and largest groups in which the results of the company are consolidated are those headed by Rhenus Logistics Limited and Rethmann SE & Co. KG, respectively. These entities are registered in England and Germany respectively.
Consolidated financial statements for Rhenus Logistics Limited are available from Companies House, Crown Way, Cardiff, CF14 3UZ.