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Registration number: 13982119

XYZ Rental Limited

Unaudited Financial Statements

for the Period from 16 March 2022 to 31 March 2023

 

XYZ Rental Limited

Contents

Company Information

1

Statement of Financial Position

2

Notes to the Unaudited Financial Statements

3 to 4

 

XYZ Rental Limited

Company Information

Directors

H K Coulam

P M Green

Registered office

130 Shaftesbury Avenue
2nd Floor
London
W1D 5EU

 

XYZ Rental Limited

Statement of Financial Position as at 31 March 2023

Note

2023
£

Fixed assets

 

Investments

4

1,522,444

Creditors: Amounts falling due within one year

5

(1,262,572)

Total assets less current liabilities

 

259,872

Creditors: Amounts falling due after more than one year

5

(259,772)

Net assets

 

100

Capital and reserves

 

Called up share capital

100

Shareholders' funds

 

100

For the financial period ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Statement of Income and Retained Earnings has been taken.

Approved and authorised by the Board on 12 October 2023 and signed on its behalf by:
 

.........................................

H K Coulam

Director

Company registration number: 13982119

 

XYZ Rental Limited

Notes to the Unaudited Financial Statements for the Period from 16 March 2022 to 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
130 Shaftesbury Avenue
2nd Floor
London
W1D 5EU

The principal activity of the company is that of an investment holding company.

2

Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company during the period, was 0.

 

XYZ Rental Limited

Notes to the Unaudited Financial Statements for the Period from 16 March 2022 to 31 March 2023

4

Investments

2023
£

Investments in subsidiaries

1,522,444

Subsidiaries

£

Cost or valuation

Additions and at 31 March 2023

1,522,444

Carrying amount

At 31 March 2023

1,522,444

5

Creditors

Creditors: amounts falling due within one year

2023
£

Amounts owed to group undertakings

1,080,575

Other creditors

181,997

1,262,572

Creditors: amounts falling due after more than one year

2023
£

Other creditors

259,772