Registered number
08402746
RENTWELL DEVELOPMENTS LTD
Filleted Accounts
28 February 2023
RENTWELL DEVELOPMENTS LTD
Registered number: 08402746
Balance Sheet
as at 28 February 2023
Notes 2023 2022
£ £
Current assets
Cash at bank and in hand 239,178 239,218
Creditors: amounts falling due within one year 3 (70,726) (110,524)
Net current assets 168,452 128,694
Net assets 168,452 128,694
Capital and reserves
Called up share capital 100 100
Profit and loss account 168,352 128,594
Shareholder's funds 168,452 128,694
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 member has 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.
Y Y Leong
Director
Approved by the board on 19 September 2023
RENTWELL DEVELOPMENTS LTD
Notes to the Accounts
for the year ended 28 February 2023
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).
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 26,798 73,080
Taxation and social security costs 7,486 2,332
Other creditors 36,442 35,112
70,726 110,524
4 Other information
RENTWELL DEVELOPMENTS LTD is a private company limited by shares and incorporated in England. Its registered office is:
73 Ventnor Drive
London
N20 8BU
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