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Company Registration No. 11449973 (England and Wales)
Renting Homes Limited Accounts for the year ended 31 July 2023
Renting Homes Limited Accounts Contents
Page
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Renting Homes Limited Company Information for the year ended 31 July 2023
Director
Mr Gary Burns
Company Number
11449973 (England and Wales)
Registered Office
Office G26, CT3 Building Wigan Investment Centre Wigan WN3 5BA
Accountants
Tax50 Wigan Investment Centre Waterside Drive Wigan WN3 5BA
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Renting Homes Limited Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
282,466 
282,466 
Current assets
Cash at bank and in hand
13,598 
12,589 
Creditors: amounts falling due within one year
(57,053)
(45,202)
Net current liabilities
(43,455)
(32,613)
Total assets less current liabilities
239,011 
249,853 
Creditors: amounts falling due after more than one year
(262,434)
(262,434)
Net liabilities
(23,423)
(12,581)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(23,523)
(12,681)
Shareholders' funds
(23,423)
(12,581)
For the year ending 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 April 2024 and were signed on its behalf by
Mr Gary Burns Director Company Registration No. 11449973
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Renting Homes Limited Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
Renting Homes Limited is a private company, limited by shares, registered in England and Wales, registration number 11449973. The registered office is Office G26, CT3 Building, Wigan Investment Centre, Wigan, WN3 5BA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
During the preparation of these Financial Statements it has come to our attention that the liabilities of the company exceed its assets by £23,423. Continuation of the company's activities are dependent upon the continued financial and professional support of the company director. These Financial Statements have been prepared on a "Going Concern" basis which assumes this support will continue and as such the company will continue to trade normally for the foreseeable future.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
0%
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 August 2022
282,466 
At 31 July 2023
282,466 
Depreciation
At 31 July 2023
- 
Net book value
At 31 July 2023
282,466 
At 31 July 2022
282,466 
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Renting Homes Limited Notes to the Accounts for the year ended 31 July 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
57,053 
45,202 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Trade creditors
262,434 
262,434 
This is the total value of mortgages against the property assets of the company.
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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