Company Registration No. 11081456 (England and Wales)
REZIDENTIAL LIMITED
Unaudited accounts
for the year ended 30 November 2023
REZIDENTIAL LIMITED
Unaudited accounts
Contents
REZIDENTIAL LIMITED
Company Information
for the year ended 30 November 2023
Directors
Edmack KAMHUKA
Memory Mawreen Shupikayi KAMHUKA
Company Number
11081456 (England and Wales)
Registered Office
20 COWLEY MEADOW WAY
CRICK
NN6 7TY
UNITED KINGDOM
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
REZIDENTIAL LIMITED
for the year ended 30 November 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of REZIDENTIAL LIMITED for the year ended 30 November 2023 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
This report is made solely to the Board of Directors of REZIDENTIAL LIMITED, as a body, in accordance with the terms of our engagement letter dated 29 November 2019. Our work has been undertaken solely to prepare for your approval the accounts of REZIDENTIAL LIMITED and state those matters that we have agreed to state to the Board of Directors of REZIDENTIAL LIMITED, as a body, in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than REZIDENTIAL LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that REZIDENTIAL LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of REZIDENTIAL LIMITED. You consider that REZIDENTIAL LIMITED 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 accounts of REZIDENTIAL LIMITED. 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 accounts.
Member in Practice
24 August 2024
REZIDENTIAL LIMITED
Statement of financial position
as at 30 November 2023
Tangible assets
300,500
300,000
Cash at bank and in hand
1,218
21
Creditors: amounts falling due within one year
(95,689)
(96,028)
Net current liabilities
(94,471)
(96,007)
Total assets less current liabilities
206,029
203,993
Creditors: amounts falling due after more than one year
(217,687)
(215,416)
Net liabilities
(11,658)
(11,423)
Called up share capital
2
2
Profit and loss account
(11,660)
(11,425)
Shareholders' funds
(11,658)
(11,423)
For the year ending 30 November 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 directors acknowledge their 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 of Directors and authorised for issue on 24 August 2024 and were signed on its behalf by
Edmack KAMHUKA
Director
Company Registration No. 11081456
REZIDENTIAL LIMITED
Notes to the Accounts
for the year ended 30 November 2023
REZIDENTIAL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11081456. The registered office is 20 COWLEY MEADOW WAY, CRICK, NN6 7TY, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Land & buildings
At 1 December 2022
300,000
At 30 November 2023
300,500
At 30 November 2023
300,500
At 30 November 2022
300,000
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
8,017
7,616
Loans from directors
87,322
88,112
REZIDENTIAL LIMITED
Notes to the Accounts
for the year ended 30 November 2023
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
217,687
215,416
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).