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REGISTERED NUMBER: 06079262 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Rex Venture Resources Limited

Rex Venture Resources Limited (Registered number: 06079262)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Rex Venture Resources Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: M T M Williams
A M Williams
S K M Williams
Mrs H A Williams





SECRETARY: Miss L Sheppard





REGISTERED OFFICE: Harmile House
54 St Marys Lane
Upminster
Essex
RM14 2QP





REGISTERED NUMBER: 06079262 (England and Wales)

Rex Venture Resources Limited (Registered number: 06079262)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 12,974,891 12,099,688

CURRENT ASSETS
Cash at bank 16,716 18,709

CREDITORS
Amounts falling due within one year 5 26,861 26,860
NET CURRENT LIABILITIES (10,145 ) (8,151 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,964,746

12,091,537

CAPITAL AND RESERVES
Called up share capital 6 9,600,000 9,600,000
Share premium 400,000 400,000
Retained earnings 2,964,746 2,091,537
SHAREHOLDERS' FUNDS 12,964,746 12,091,537

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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 8 January 2025 and were signed on its behalf by:





S K M Williams - Director


Rex Venture Resources Limited (Registered number: 06079262)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Rex Venture Resources 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.

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.

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 (2023 - NIL).

4. FIXED ASSET INVESTMENTS
Loans to
other
participating
interests
£   
At 1 May 2023 12,099,688
New in year 875,203
At 30 April 2024 12,974,891

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other creditors 26,861 26,860

Rex Venture Resources Limited (Registered number: 06079262)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
9,600,000 Ordinary £1 9,600,000 9,600,000