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REGISTERED NUMBER: 08826322 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 December 2023

for

RNR UK 2014 Ltd

RNR UK 2014 Ltd (Registered number: 08826322)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

RNR UK 2014 Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTOR: R N Roberts





REGISTERED OFFICE: 39 High Street
Wednesfield
Wolverhampton
West Midlands
WV11 1ST





BUSINESS ADDRESS: Progress Drive (Next to Suzuki Garage)
Cannock
Staffordshire
WS11 0JE





REGISTERED NUMBER: 08826322 (England and Wales)





ACCOUNTANTS: Crowther Jordan Limited
Chartered Accountants
39 High Street
Wednesfield
Wolverhampton
West Midlands
WV11 1ST

RNR UK 2014 Ltd (Registered number: 08826322)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 246,777 322,913

CURRENT ASSETS
Stocks 38,344 14,138
Debtors 5 491,871 494,489
Cash at bank 143,436 205,499
673,651 714,126
CREDITORS
Amounts falling due within one year 6 (370,915 ) (432,221 )
NET CURRENT ASSETS 302,736 281,905
TOTAL ASSETS LESS CURRENT LIABILITIES 549,513 604,818

CREDITORS
Amounts falling due after more than one year 7 (120,239 ) (198,130 )

PROVISIONS FOR LIABILITIES 10 (56,446 ) (60,935 )
NET ASSETS 372,828 345,753

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 372,728 345,653
SHAREHOLDERS' FUNDS 372,828 345,753

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

RNR UK 2014 Ltd (Registered number: 08826322)

Balance Sheet - continued
31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved and authorised for issue by the director and authorised for issue on 12 March 2024 and were signed by:





R N Roberts - Director


RNR UK 2014 Ltd (Registered number: 08826322)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

RNR UK 2014 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

RNR UK 2014 Ltd (Registered number: 08826322)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2022 - 16 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2023 40,431 612,777 653,208
Additions - 8,250 8,250
At 31 December 2023 40,431 621,027 661,458
DEPRECIATION
At 1 January 2023 38,229 292,066 330,295
Charge for year 734 83,652 84,386
At 31 December 2023 38,963 375,718 414,681
NET BOOK VALUE
At 31 December 2023 1,468 245,309 246,777
At 31 December 2022 2,202 320,711 322,913

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 281,941 238,962
Amounts owed by group undertakings 115,839 155,238
Other debtors 94,091 100,289
491,871 494,489

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Hire purchase contracts (see note 8) 77,891 77,891
Trade creditors 99,024 84,934
Amounts owed to group undertakings 158,973 239,667
Taxation and social security 30,361 29,235
Other creditors 4,666 494
370,915 432,221

RNR UK 2014 Ltd (Registered number: 08826322)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Hire purchase contracts (see note 8) 120,239 198,130

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
31.12.23 31.12.22
£    £   
Net obligations repayable:
Within one year 77,891 77,891
Between one and five years 120,239 198,130
198,130 276,021

Non-cancellable operating leases
31.12.23 31.12.22
£    £   
Within one year 15,000 -
Between one and five years 56,397 -
71,397 -

9. SECURED DEBTS

The following secured debts are included within creditors:

31.12.23 31.12.22
£    £   
Hire purchase contracts 198,130 276,021

Hire purchase liabilities are secured on the specific assets to which the debt relates.

10. PROVISIONS FOR LIABILITIES
31.12.23 31.12.22
£    £   
Deferred tax
Accelerated capital allowances 56,446 60,935

Deferred
tax
£   
Balance at 1 January 2023 60,935
Credit to Statement of Income and Retained Earnings during year (4,489 )
Balance at 31 December 2023 56,446

RNR UK 2014 Ltd (Registered number: 08826322)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
100 Ordinary £1 100 100

12. RELATED PARTY DISCLOSURES

The company is a wholly owned subsidiary of RNR Group Limited.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
RNR UK 2014 Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of RNR UK 2014 Ltd for the year ended 31 December 2023 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of RNR UK 2014 Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of RNR UK 2014 Ltd and state those matters that we have agreed to state to the director of RNR UK 2014 Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than RNR UK 2014 Ltd and its director for our work or for this report.

It is your duty to ensure that RNR UK 2014 Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of RNR UK 2014 Ltd. You consider that RNR UK 2014 Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of RNR UK 2014 Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Crowther Jordan Limited
Chartered Accountants
39 High Street
Wednesfield
Wolverhampton
West Midlands
WV11 1ST


12 March 2024