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REGISTERED NUMBER: 10028634 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Remcol Ltd

Remcol Ltd (Registered number: 10028634)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Remcol Ltd

Company Information
for the Year Ended 28 February 2023







DIRECTORS: M A Fraenkel
Mrs B L Fraenkel
Mrs R M Coleman





REGISTERED OFFICE: 3rd Floor
Pacific Chambers
Victoria Street
Liverpool
Merseyside
L2 5QQ





REGISTERED NUMBER: 10028634 (England and Wales)





ACCOUNTANTS: Haines Watts
3rd Floor Pacific Chambers
11-13 Victoria Street
Liverpool
Merseyside
L2 5QQ

Remcol Ltd (Registered number: 10028634)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £ £ £ £
FIXED ASSETS
Investments 4 3,085,740 3,085,740

CURRENT ASSETS
Cash at bank 19,979 19,868

CREDITORS
Amounts falling due within one year 5 3,196 3,196
NET CURRENT ASSETS 16,783 16,672
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,102,523

3,102,412

CREDITORS
Amounts falling due after more than one
year

6

2,396,774

2,396,774
NET ASSETS 705,749 705,638

CAPITAL AND RESERVES
Called up share capital 7 654,971 654,971
Retained earnings 8 50,778 50,667
SHAREHOLDERS' FUNDS 705,749 705,638

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Remcol Ltd (Registered number: 10028634)

Balance Sheet - continued
28 February 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 November 2023 and were signed on its behalf by:





M A Fraenkel - Director


Remcol Ltd (Registered number: 10028634)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Remcol Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
At 1 March 2022
and 28 February 2023 3,085,740
NET BOOK VALUE
At 28 February 2023 3,085,740
At 28 February 2022 3,085,740

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£ £
Accrued expenses 3,196 3,196

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.23 28.2.22
£ £
Loan notes 2,396,774 2,396,774

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Loan notes 2,396,774 2,396,774

Remcol Ltd (Registered number: 10028634)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £ £
25 A Ordinary 1 25 25
50 B Ordinary £1 50 50
25 C Ordinary £1 25 25
654,871 N Ordinary £1 654,871 654,871
654,971 654,971

8. RESERVES
Retained
earnings
£

At 1 March 2022 50,667
Profit for the year 111
At 28 February 2023 50,778

9. ULTIMATE CONTROLLING PARTY

The controlling party is M A Fraenkel.

This company owns more than 75% of the issued share capital of Sandown Property Holdings Ltd. Group accounts are not required.