Registered Number:12612024 |
For the year ended 31 March 2024
England and Wales
Report of the Directors and Amended Unaudited Financial Statements
For the year ended 31 March 2024
Reliance (Midlands) Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Reliance (Midlands) Ltd
Statement of Financial Position
2023
2024
496,739
496,739
496,739
496,739
Trade and other receivables |
590
629
2
12,215
Cash and cash equivalents |
7,571
8,200
12,805
Trade and other payables: amounts falling due within one |
year |
(16,449)
(16,731)
3
(3,644)
(8,531)
Net current liabilities
Total assets less current liabilities |
488,208
493,095
Trade and other payables: amounts falling due after more |
than one year |
(430,756)
(448,105)
4
40,103
Net assets
62,339
2
2
40,101
62,337
40,103
62,339
Shareholders' funds
For the year ended 31 March 2024 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 27 June 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 March 2024
Reliance (Midlands) Ltd
Notes to the Financial Statements
Statutory Information
Reliance (Midlands) Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 12612024. |
Top Floor, Bridgewater House
866 - 868 Uxbridge Road
Hayes, Middlesex
UB4 0RR
The presentation currency is £ sterling. |
Basis of preparing the financial statements
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
2. Trade and other receivables |
2023
2024
629
590
3. Trade and other payables: amounts falling due within one year |
2023
2024
4,880
4,880
Taxation and social security |
7,572
7,467
4,279
4,102
16,731
16,449
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For the year ended 31 March 2024
Reliance (Midlands) Ltd
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due after more than one year |
2023
2024
Bank loans and overdraft (secured) |
303,105
305,756
Amounts owed to group undertaking and undertaking in which the |
company has a participating interest |
145,000
125,000
448,105
430,756
5. Average number of persons employed |
During the year the average number of employees was 0
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