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Company Registration No. 14485396 (England and Wales)
Ren Hong (uk) Ltd Unaudited accounts for the year ended 30 November 2024
Ren Hong (uk) Ltd Unaudited accounts Contents
Page
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Ren Hong (uk) Ltd Company Information for the year ended 30 November 2024
Director
Chun Wang
Company Number
14485396 (England and Wales)
Registered Office
Apartment 1018 6 Rolling Street Salford Lancashire M5 4RE England
Accountants
Tax Return Accountants Ltd 26 Spinning Wheelway Hackbridge Wallington GB SM6 7DS
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Ren Hong (uk) Ltd Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
12,635 
128 
Creditors: amounts falling due within one year
(6,184)
(2,173)
Net current assets/(liabilities)
6,451 
(2,045)
Total assets less current liabilities
6,451 
(2,045)
Creditors: amounts falling due after more than one year
(45,925)
(45,925)
Net liabilities
(39,474)
(47,970)
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
(40,474)
(48,970)
Shareholders' funds
(39,474)
(47,970)
For the year ending 30 November 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 director acknowledges his 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 and authorised for issue on 22 February 2025 and were signed on its behalf by
Chun Wang Director Company Registration No. 14485396
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Ren Hong (uk) Ltd Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Ren Hong (uk) Ltd is a private company, limited by shares, registered in England and Wales, registration number 14485396. The registered office is Apartment 1018, 6 Rolling Street, Salford, Lancashire, M5 4RE, England.
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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Going concern
The director acknowledges the latest guidance on going concern. After assessing the outcome of the business and with consideration of the Company's balance sheet position, the director has a reasonable expectation that the Company has adequate resources to continue in operational existence for a period of twelve months from the date of the approval of the financial statements and, therefore, he continues to adopt the going concern basis in preparing the annual financial statements.
4
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
1,500 
- 
Taxes and social security
1,990 
2,173 
Other creditors
2,694 
- 
6,184 
2,173 
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Ren Hong (uk) Ltd Notes to the Accounts for the year ended 30 November 2024
5
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
18,800 
18,800 
Loans from directors
27,125 
27,125 
45,925 
45,925 
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
7
Transactions with related parties
The Company's parent company Ren Hong Pharmaceutical Co., Ltd had a loan of £18,800, being interest free and repayable by demand.
8
Controlling party
The Company's parent company and controlling party is Ren Hong Pharmaceutical Co., Ltd , registered in China.
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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