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
Ren Hong (uk) Ltd
Company Information
for the year ended 30 November 2024
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
Ren Hong (uk) Ltd
Statement of financial position
as at 30 November 2024
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)
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
Ren Hong (uk) Ltd
Notes to the Accounts
for the year ended 30 November 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 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.
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
Taxes and social security
1,990
2,173
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
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.
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).