IRIS Accounts Production v23.4.0.336 08583799 Board of Directors 1.7.22 30.6.23 30.6.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh085837992022-06-30085837992023-06-30085837992022-07-012023-06-30085837992021-06-30085837992021-07-012022-06-30085837992022-06-3008583799ns15:EnglandWales2022-07-012023-06-3008583799ns14:PoundSterling2022-07-012023-06-3008583799ns10:Director12022-07-012023-06-3008583799ns10:PrivateLimitedCompanyLtd2022-07-012023-06-3008583799ns10:SmallEntities2022-07-012023-06-3008583799ns10:AuditExempt-NoAccountantsReport2022-07-012023-06-3008583799ns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-3008583799ns10:SmallCompaniesRegimeForAccounts2022-07-012023-06-3008583799ns10:FullAccounts2022-07-012023-06-3008583799ns10:OrdinaryShareClass12022-07-012023-06-3008583799ns10:Director22022-07-012023-06-3008583799ns10:RegisteredOffice2022-07-012023-06-3008583799ns5:CurrentFinancialInstruments2023-06-3008583799ns5:CurrentFinancialInstruments2022-06-3008583799ns5:ShareCapital2023-06-3008583799ns5:ShareCapital2022-06-3008583799ns5:RetainedEarningsAccumulatedLosses2023-06-3008583799ns5:RetainedEarningsAccumulatedLosses2022-06-3008583799ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3008583799ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-3008583799ns10:OrdinaryShareClass12023-06-30
REGISTERED NUMBER: 08583799 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

FOR

ADAM RENNIE ASSOCIATES LIMITED

ADAM RENNIE ASSOCIATES LIMITED (REGISTERED NUMBER: 08583799)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ADAM RENNIE ASSOCIATES LIMITED

COMPANY INFORMATION
for the Year Ended 30 June 2023







DIRECTORS: Dr A Rennie
Mrs N Rennie





REGISTERED OFFICE: 24 Wellington Business Park
Dukes Ride
Crowthorne
Berkshire
RG45 6LS





REGISTERED NUMBER: 08583799 (England and Wales)





ACCOUNTANTS: Durrants, Chartered Accountants
24 Wellington Business Park
Dukes Ride
Crowthorne
Berkshire
RG45 6LS

ADAM RENNIE ASSOCIATES LIMITED (REGISTERED NUMBER: 08583799)

BALANCE SHEET
30 June 2023

30/6/23 30/6/22
Notes £    £   
CURRENT ASSETS
Debtors 4 8,000 11,683
Cash at bank 66,005 36,538
74,005 48,221
CREDITORS
Amounts falling due within one year 5 44,155 31,045
NET CURRENT ASSETS 29,850 17,176
TOTAL ASSETS LESS CURRENT LIABILITIES 29,850 17,176

CAPITAL AND RESERVES
Called up share capital 6 2 2
Retained earnings 29,848 17,174
SHAREHOLDERS' FUNDS 29,850 17,176

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 13 February 2024 and were signed on its behalf by:





Dr A Rennie - Director


ADAM RENNIE ASSOCIATES LIMITED (REGISTERED NUMBER: 08583799)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Adam Rennie Associates Limited 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £1.

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable. The policies adopted for the recognition of turnover are as follows:

When the outcome of a transaction can be estimated reliably, turnover is recognised by reference to the stage of completion at the balance sheet date.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

ADAM RENNIE ASSOCIATES LIMITED (REGISTERED NUMBER: 08583799)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2023

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/23 30/6/22
£    £   
Other debtors 8,000 11,683

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/23 30/6/22
£    £   
Taxation and social security 40,143 27,036
Other creditors 4,012 4,009
44,155 31,045

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30/6/23 30/6/22
value: £    £   
2 Ordinary 1 2 2