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Company Registration No. 11862108 (England and Wales)
Rinew Legal Limited Unaudited accounts for the year ended 31 March 2024
Rinew Legal Limited Unaudited accounts Contents
Page
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Rinew Legal Limited Company Information for the year ended 31 March 2024
Directors
RJ Newstead EJ Haggas
Company Number
11862108 (England and Wales)
Registered Office
West Village 114 Wellington Street Leeds LS1 1BA United Kingdom
Accountants
Pearson & Associates Suite E, Canal Wharf Eshton Road Gargrave, Skipton North Yorkshire BD23 3SE
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Rinew Legal Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,662 
6,778 
Current assets
Debtors
78,430 
38,598 
Cash at bank and in hand
126,174 
165,253 
204,604 
203,851 
Creditors: amounts falling due within one year
(71,571)
(52,579)
Net current assets
133,033 
151,272 
Total assets less current liabilities
141,695 
158,050 
Creditors: amounts falling due after more than one year
(6,468)
(11,768)
Net assets
135,227 
146,282 
Capital and reserves
Called up share capital
2 
1 
Profit and loss account
135,225 
146,281 
Shareholders' funds
135,227 
146,282 
For the year ending 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 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 5 November 2024 and were signed on its behalf by
RJ Newstead Director Company Registration No. 11862108
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Rinew Legal Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Rinew Legal Limited is a private company, limited by shares, registered in England and Wales, registration number 11862108. The registered office is West Village, 114 Wellington Street, Leeds, LS1 1BA, 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.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Fixtures & fittings
25% on Cost
Computer equipment
33% on Cost
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
1,903 
14,663 
16,566 
Additions
881 
5,477 
6,358 
At 31 March 2024
2,784 
20,140 
22,924 
Depreciation
At 1 April 2023
716 
9,072 
9,788 
Charge for the year
541 
3,933 
4,474 
At 31 March 2024
1,257 
13,005 
14,262 
Net book value
At 31 March 2024
1,527 
7,135 
8,662 
At 31 March 2023
1,187 
5,591 
6,778 
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Rinew Legal Limited Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
68,230 
38,598 
Other debtors
10,200 
- 
78,430 
38,598 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
70,069 
45,413 
Other creditors
707 
416 
Loans from directors
- 
6,000 
Accruals
795 
750 
71,571 
52,579 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
6,468 
11,768 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1.00 
1.00 
20 Ordinary A of £0.01 each
0.20 
- 
80 Ordinary B of £0.01 each
0.80 
- 
2.00 
1.00 
Shares issued during the period:
20 Ordinary A of £0.01 each
0.20 
80 Ordinary B of £0.01 each
0.80 
1.00 
9
Average number of employees
During the year the average number of employees was 6 (2023: 6).
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