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REGISTERED NUMBER: 13455257 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

RENGEN HENRY STREET LIMITED

RENGEN HENRY STREET LIMITED (REGISTERED NUMBER: 13455257)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 9

RENGEN HENRY STREET LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: R I Lewis
A A Whittome





REGISTERED OFFICE: 92 Redcliff Street
Bristol
BS1 6LU





REGISTERED NUMBER: 13455257 (England and Wales)





ACCOUNTANTS: PJE Chartered Accountants
2 Oakfield Road
Clifton
Bristol
BS8 2AL

RENGEN HENRY STREET LIMITED (REGISTERED NUMBER: 13455257)

BALANCE SHEET
30 NOVEMBER 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 31,401 18,157
Investments 5 1 -
Investment property 6 3,901,274 3,643,935
3,932,676 3,662,092

CURRENT ASSETS
Debtors 7 236,562 298,787
Cash at bank 36,296 4,115
272,858 302,902
CREDITORS
Amounts falling due within one year 8 1,774,012 1,166,087
NET CURRENT LIABILITIES (1,501,154 ) (863,185 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,431,522

2,798,907

CREDITORS
Amounts falling due after more than one
year

9

2,431,000

2,431,000
NET ASSETS 522 367,907

RENGEN HENRY STREET LIMITED (REGISTERED NUMBER: 13455257)

BALANCE SHEET - continued
30 NOVEMBER 2023

30.11.23 30.11.22
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Capital redemption reserve - 408,000
Retained earnings 422 (40,193 )
522 367,907

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 30 October 2024 and were signed on its behalf by:





R I Lewis - Director


RENGEN HENRY STREET LIMITED (REGISTERED NUMBER: 13455257)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023


1. STATUTORY INFORMATION

Rengen Henry Street 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.

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.
Fixtures and fittings - 20% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

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.


RENGEN HENRY STREET LIMITED (REGISTERED NUMBER: 13455257)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 December 2022 18,157
Additions 21,094
At 30 November 2023 39,251
DEPRECIATION
Charge for year 7,850
At 30 November 2023 7,850
NET BOOK VALUE
At 30 November 2023 31,401
At 30 November 2022 18,157

RENGEN HENRY STREET LIMITED (REGISTERED NUMBER: 13455257)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 1
At 30 November 2023 1
NET BOOK VALUE
At 30 November 2023 1

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022 3,643,935
Additions 257,339
At 30 November 2023 3,901,274
NET BOOK VALUE
At 30 November 2023 3,901,274
At 30 November 2022 3,643,935

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Amounts owed by group undertakings 215,157 55,566
Other debtors 360 113,110
VAT 21,045 130,111
236,562 298,787

RENGEN HENRY STREET LIMITED (REGISTERED NUMBER: 13455257)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors 46,157 223,426
Amounts owed to group undertakings 1,615,832 871,064
Amounts owed to associates 86,757 60,727
Tax 13,485 -
Accrued expenses 11,781 10,870
1,774,012 1,166,087

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans more 5 yrs non-inst 2,431,000 2,431,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 2,431,000 2,431,000

10. SECURED DEBTS

The following secured debts are included within creditors:

30.11.23 30.11.22
£    £   
Bank loans 2,431,000 2,431,000

The bank loan is secured by a first charge over the property and assets of the company.

11. RELATED PARTY DISCLOSURES

At the year end included in debtors is an amount of £215,157 (2022 : £55,565) owed by Rengen Henry Street Lettings Limited, a subsidiary of the company.

At the year end included in creditors is an amount of £756,562 (2022 : £48,794) due to Siena Group Limited, a shareholder of Renstep Limited, the immediate holding company.

At the year end included in creditors is an amount of £859,270 (2022 : £822,270) due to Renstep Limited, the shareholder of the company.

At the year end included in creditors is an amount of £86,757 (2022 : £0) due to Iesis Lettings and Management Limited an associated company.

RENGEN HENRY STREET LIMITED (REGISTERED NUMBER: 13455257)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


12. ULTIMATE CONTROLLING PARTY

The company is a subsidiary of Renstep Limited which is jointly owned by Siena Group Limited, of which R I Lewis is a director and Stepper Point Limited, of which A A Whittome is a director.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
RENGEN HENRY STREET LIMITED


The following reproduces the text of the report prepared for the directors 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 Directors 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 Rengen Henry Street Limited for the year ended 30 November 2023 which comprise the Income Statement, 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 Board of Directors of Rengen Henry Street Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Rengen Henry Street Limited and state those matters that we have agreed to state to the Board of Directors of Rengen Henry Street Limited, as a body, 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 Rengen Henry Street Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Rengen Henry Street Limited 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 Rengen Henry Street Limited. You consider that Rengen Henry Street 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 financial statements of Rengen Henry Street 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 financial statements.






PJE Chartered Accountants
2 Oakfield Road
Clifton
Bristol
BS8 2AL


30 October 2024