IRIS Accounts Production v24.3.0.553 01165616 director 1.4.23 31.3.24 31.3.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh011656162023-03-31011656162024-03-31011656162023-04-012024-03-31011656162022-03-31011656162022-04-012023-03-31011656162023-03-3101165616ns15:EnglandWales2023-04-012024-03-3101165616ns14:PoundSterling2023-04-012024-03-3101165616ns10:Director12023-04-012024-03-3101165616ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3101165616ns10:SmallEntities2023-04-012024-03-3101165616ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3101165616ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3101165616ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3101165616ns10:FullAccounts2023-04-012024-03-3101165616ns10:RegisteredOffice2023-04-012024-03-3101165616ns5:CurrentFinancialInstruments2024-03-3101165616ns5:CurrentFinancialInstruments2023-03-3101165616ns5:ShareCapital2024-03-3101165616ns5:ShareCapital2023-03-3101165616ns5:RetainedEarningsAccumulatedLosses2024-03-3101165616ns5:RetainedEarningsAccumulatedLosses2023-03-3101165616ns5:LandBuildings2023-03-3101165616ns5:PlantMachinery2023-03-3101165616ns5:LandBuildings2023-04-012024-03-3101165616ns5:PlantMachinery2023-04-012024-03-3101165616ns5:LandBuildings2024-03-3101165616ns5:PlantMachinery2024-03-3101165616ns5:LandBuildings2023-03-3101165616ns5:PlantMachinery2023-03-3101165616ns5:CostValuation2023-03-3101165616ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3101165616ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: 01165616 (England and Wales)















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: Sarah Deborah Jean Kape





Registered office: New Derwent House
69-73 Theobalds Road
London
WC1X 8TA





Registered number: 01165616 (England and Wales)






Runnymede Park Holdings
Ltd (Registered number: 01165616)

Balance Sheet
31 March 2024

2024 2023
Notes £ £ £ £
Fixed assets
Tangible assets 5 - 118,000
Investments 6 2 2
2 118,002

Current assets
Debtors 7 618,158 289,107
Investments 8 5,569,680 -
Cash at bank 33,263 21,744
6,221,101 310,851
Creditors
Amounts falling due within one year 9 2,020,860 972,385
Net current assets/(liabilities) 4,200,241 (661,534 )
Total assets less current liabilities 4,200,243 (543,532 )

Capital and reserves
Called up share capital 3 3
Retained earnings 4,200,240 (543,535 )
Shareholders' funds 4,200,243 (543,532 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

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 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


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 director and authorised for issue on 27 November 2024 and were signed by:





Sarah Deborah Jean Kape - Director


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 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. Statement of compliance

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.

3. Accounting policies

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

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 118,000 13,829 131,829
Disposals (118,000 ) (13,829 ) (131,829 )
At 31 March 2024 - - -
Depreciation
At 1 April 2023 - 13,829 13,829
Eliminated on disposal - (13,829 ) (13,829 )
At 31 March 2024 - - -
Net book value
At 31 March 2024 - - -
At 31 March 2023 118,000 - 118,000

6. Fixed asset investments
Shares in
group
undertakings
£
Cost
At 1 April 2023
and 31 March 2024 2
Net book value
At 31 March 2024 2
At 31 March 2023 2

7. Debtors: amounts falling due within one year
2024 2023
£ £
Trade debtors - 693
Amounts owed by group undertakings - 284,968
Other debtors 618,158 3,446
618,158 289,107

8. Current asset investments
2024 2023
£ £
Fixed deposit account 5,569,680 -

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 74,473 -
Taxation and social security 1,503,474 -
Other creditors 442,913 972,385
2,020,860 972,385