REGISTERED NUMBER: |
Runnymede Park Holdings |
Ltd |
Financial Statements |
for the Year Ended 31 March 2024 |
REGISTERED NUMBER: |
Runnymede Park Holdings |
Ltd |
Financial Statements |
for the Year Ended 31 March 2024 |
Runnymede Park Holdings |
Ltd (Registered number: 01165616) |
Contents of the Financial Statements |
for the year ended 31 March 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Runnymede Park Holdings |
Ltd |
Company Information |
for the year ended 31 March 2024 |
Director: |
Registered office: |
Registered number: |
Runnymede Park Holdings |
Ltd (Registered number: 01165616) |
Balance Sheet |
31 March 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
Fixed assets |
Tangible assets | 5 |
Investments | 6 |
Current assets |
Debtors | 7 |
Investments | 8 |
Cash at bank |
Creditors |
Amounts falling due within one year | 9 |
Net current assets/(liabilities) | ( |
) |
Total assets less current liabilities | ( |
) |
Capital and reserves |
Called up share capital |
Retained earnings | ( |
) |
Shareholders' funds | ( |
) |
The director acknowledges her 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. |
Runnymede Park Holdings |
Ltd (Registered number: 01165616) |
Balance Sheet - continued |
31 March 2024 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
Runnymede Park Holdings |
Ltd (Registered number: 01165616) |
Notes to the Financial Statements |
for the year ended 31 March 2024 |
1. | Statutory information |
Runnymede Park Holdings Ltd is a |
2. | Statement of compliance |
3. | Accounting policies |
Basis of preparing the financial statements |
Set out below is a summary of the principal accounting policies, all of which have been applied consistently (except as otherwise stated). |
Turnover |
Turnover represents gross rental income receivable. |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
Going concern |
The financial statements have not been prepared on a going concern basis, as the business activities have ceased and the director looks to dissolve the company at it's earliest convenience. |
Provisions |
Provisions are recognised when there is a present obligation (legal or constructive) as a result of a past event, it is probably that the obligation will be required to be settled, and a reliable estimate can be made of the amount of the obligation. The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting taking into account the risks and uncertainties surrounding the obligation. Provisions are discounted when the time value of money is material. |
Runnymede Park Holdings |
Ltd (Registered number: 01165616) |
Notes to the Financial Statements - continued |
for the year ended 31 March 2024 |
3. | Accounting policies - continued |
Financial instruments |
Financial assets and liabilities are recognised when the Company becomes party to the contractual provisions of the financial instrument. The Company holds financial instruments which comprise cash and cash equivalents, trade and other receivables, equity investments, trade and other payables, loans and borrowings. The company has chosen to apply the provisions of Section 11 Basic Financial Instruments and Section 12 Other Financial Instruments in full. |
Financial assets / liabilities - classified as basic financial instruments |
(i) Cash and cash equivalents |
This includes cash in hand, deposits held with banks, and other short-term highly liquid investments with original maturities of three months or less. |
(ii) Trade and other receivables |
Trade and other receivables are initially recognised at the transaction price, including any transaction costs. Amounts that are receivable within one year are measured at the undiscounted amount of the cash expected to be received, net of any impairment. |
At the end of each reporting period, the Company assesses whether there is objective evidence that an receivable amount may be impaired. A provision for impairment is established when there is objective evidence that the Company will not be able to collect all amounts due according to the original terms of the receivables. The amount of the provision is the difference between the asset's carrying amount and the present value of the estimated future cash flows, discounted at the effective interest rate. The amount of the provision is recognised immediately in profit or loss. |
(iii) Trade and other payables and loans and borrowings |
Trade and other payables and loans and borrowings are initially measured at the transaction price, including any transaction price, including any transaction costs. |
4. | Employees and directors |
The average number of employees during the year was NIL (2023 - NIL). |
Runnymede Park Holdings |
Ltd (Registered number: 01165616) |
Notes to the Financial Statements - continued |
for the year ended 31 March 2024 |
5. | Tangible fixed assets |
Freehold | Plant and |
property | machinery | Totals |
£ | £ | £ |
Cost |
At 1 April 2023 |
Disposals | ( |
) | ( |
) | ( |
) |
At 31 March 2024 |
Depreciation |
At 1 April 2023 |
Eliminated on disposal | ( |
) | ( |
) |
At 31 March 2024 |
Net book value |
At 31 March 2024 |
At 31 March 2023 |
6. | Fixed asset investments |
Shares in |
group |
undertakings |
£ |
Cost |
At 1 April 2023 |
and 31 March 2024 |
Net book value |
At 31 March 2024 |
At 31 March 2023 |
7. | Debtors: amounts falling due within one year |
2024 | 2023 |
£ | £ |
Trade debtors |
Amounts owed by group undertakings |
Other debtors |
8. | Current asset investments |
2024 | 2023 |
£ | £ |
Fixed deposit account |
Runnymede Park Holdings |
Ltd (Registered number: 01165616) |
Notes to the Financial Statements - continued |
for the year ended 31 March 2024 |
9. | Creditors: amounts falling due within one year |
2024 | 2023 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |