Rensys Limited
|
Registered number: |
04213681
|
Balance Sheet |
as at 30 June 2019
|
|
Notes |
|
|
2019 |
|
|
2018 |
£ |
£ |
Fixed assets |
Investments |
3 |
|
|
167,952 |
|
|
418,335 |
|
Current assets |
Debtors |
4 |
|
344,771 |
|
|
- |
|
Creditors: amounts falling due within one year |
5 |
|
(18,917) |
|
|
(9,583) |
|
Net current assets/(liabilities) |
|
|
|
325,854 |
|
|
(9,583) |
|
Net assets |
|
|
|
493,806 |
|
|
408,752 |
|
|
|
|
|
|
|
|
Capital and reserves |
Profit and loss account |
|
|
|
493,806 |
|
|
408,752 |
|
Shareholders' funds |
|
|
|
493,806 |
|
|
408,752 |
|
|
|
|
|
|
|
|
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 his 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.
|
|
|
|
|
Mr R Soper |
Director |
Approved by the board on 31 March 2020
|
|
Rensys Limited
|
Notes to the Accounts |
for the year ended 30 June 2019
|
|
|
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). The financial statements are presented in sterling which is the functional currency of the company and are rounded to the nearest £.
|
|
|
Turnover |
|
The company has no turnover. Its income from the partnership, in which it is a member, is included in the other operating income.
|
|
|
Investments |
|
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
|
|
|
Debtors and creditors receivable/payable within one year |
|
Debtors and creditors with no stated interest rate and receivable and payable within one year are recorded at transaction price. Any losses from impairment are recognised in the profit and loss account in other administrative expenses.
|
|
|
2 |
Employees |
2019 |
|
2018 |
Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
3 |
Investments |
|
Other |
investments |
£ |
|
Cost |
|
At 1 July 2018 |
418,335 |
|
Additions |
339 |
|
Disposals |
(250,722) |
|
|
At 30 June 2019 |
167,952 |
|
|
Included within investments is a property purchased for £250,000 on the 31 May 2017 and it has been carried at that value in the accounts. The company subsequently obtained planning permission on the property and it has been sold for £360,000 before costs on the 15 February 2019. |
|
|
4 |
Debtors |
2019 |
|
2018 |
£ |
£ |
|
|
Other debtors |
344,771 |
|
- |
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due within one year |
2019 |
|
2018 |
£ |
£ |
|
|
Trade creditors |
- |
|
49 |
|
Taxation and social security costs |
17,839 |
|
- |
|
Other creditors |
1,078 |
|
9,534 |
|
|
|
|
|
|
18,917 |
|
9,583 |
|
|
|
|
|
|
|
|
|
|
6 |
Loans (from)/to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
£ |
£ |
£ |
£ |
|
|
Interest free & repayable on demand
|
(8,470) |
|
352,178 |
|
- |
|
343,708 |
|
|
|
(8,470) |
|
352,178 |
|
- |
|
343,708 |
|
|
|
|
|
|
|
|
|
|
7 |
Other information |
|
|
Rensys Limited is a private company limited by shares and incorporated in England. The company has no fixed place of business. Its registered office is: |
|
5 Providence Court |
|
Pynes Hill |
|
Exeter |
|
Devon |
|
EX2 5JL |