Retainacar Limited 01620772 true 2022-05-01 2023-04-30 2023-04-30 The principal activity of the company is that of a non-trading company Digita Accounts Production Advanced 6.30.9574.0 true false false true 01620772 2022-05-01 2023-04-30 01620772 2023-04-30 01620772 core:CapitalRedemptionReserve 2023-04-30 01620772 core:RetainedEarningsAccumulatedLosses 2023-04-30 01620772 core:ShareCapital 2023-04-30 01620772 core:SharePremium 2023-04-30 01620772 core:Non-currentFinancialInstruments core:AfterOneYear 2023-04-30 01620772 bus:SmallEntities 2022-05-01 2023-04-30 01620772 bus:AuditExemptWithAccountantsReport 2022-05-01 2023-04-30 01620772 bus:FullAccounts 2022-05-01 2023-04-30 01620772 bus:SmallCompaniesRegimeForAccounts 2022-05-01 2023-04-30 01620772 bus:RegisteredOffice 2022-05-01 2023-04-30 01620772 bus:Director1 2022-05-01 2023-04-30 01620772 bus:EntityNoLongerTradingButTradedInPast 2022-05-01 2023-04-30 01620772 bus:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 01620772 1 2022-05-01 2023-04-30 01620772 countries:EnglandWales 2022-05-01 2023-04-30 01620772 core:CostValuation 2022-04-30 01620772 2021-05-01 2022-04-30 01620772 2022-04-30 01620772 core:CapitalRedemptionReserve 2022-04-30 01620772 core:RetainedEarningsAccumulatedLosses 2022-04-30 01620772 core:ShareCapital 2022-04-30 01620772 core:SharePremium 2022-04-30 01620772 core:Non-currentFinancialInstruments core:AfterOneYear 2022-04-30 iso4217:GBP xbrli:pure

Registration number: 01620772

Retainacar Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 April 2023

 

Retainacar Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 4

 

Retainacar Limited

Company Information

Director

WSB Rowe

Registered office

Unit 5 St John's Court
Foster Road
Ashford Business Park
Ashford
Kent
TN24 0SJ

 

Retainacar Limited

(Registration number: 01620772)
Balance Sheet as at 30 April 2023

Note

2023
£

2022
£

Fixed assets

 

Investments

4

1

1

Creditors: Amounts falling due after more than one year

5

(1)

(1)

Net assets/(liabilities)

 

-

-

Capital and reserves

 

Called up share capital

41,671

41,671

Share premium reserve

862

862

Capital redemption reserve

2,500

2,500

Retained earnings

(45,033)

(45,033)

Shareholders' funds/(deficit)

 

-

-

For the financial year ending 30 April 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

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

The director acknowledges her 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.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 16 November 2023
 

.........................................
WSB Rowe
Director

   
     
 

Retainacar Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 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:
Unit 5 St John's Court
Foster Road
Ashford Business Park
Ashford
Kent
TN24 0SJ

2

Accounting policies

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.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

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.

 

Retainacar Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2023 (continued)

2

Accounting policies (continued)

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 (including the director) during the year, was 1 (2022 - 1).

4

Investments

Subsidiaries

£

Cost or valuation

At 1 May 2022

1

Carrying amount

At 30 April 2023

1

At 30 April 2022

1

5

Creditors

Creditors: amounts falling due after more than one year

2023
£

2022
£

Due after one year

Amounts owed to group undertakings

1

1

6

Parent and ultimate parent undertaking

The company's immediate parent is Retainagroup Limited, incorporated in England and Wales.

 The ultimate controlling party is W S B Rowe by virtue of her majority shareholding in Retainagroup Limited.