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REGISTERED NUMBER: 10267144 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

REMPSTONE LTD

REMPSTONE LTD (REGISTERED NUMBER: 10267144)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024










Page

Balance sheet 1

Notes to the financial statements 2


REMPSTONE LTD (REGISTERED NUMBER: 10267144)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 193 257

Current assets
Debtors 5 2,367 7,669

Creditors
Amounts falling due within one year 6 11,189 11,258
Net current liabilities (8,822 ) (3,589 )
Total assets less current liabilities (8,629 ) (3,332 )

Creditors
Amounts falling due after more than one year 7 4,085 7,061
Net liabilities (12,714 ) (10,393 )

Capital and reserves
Called up share capital 8 100 100
Retained earnings (12,814 ) (10,493 )
Shareholders' funds (12,714 ) (10,393 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 March 2025 and were signed by:





Mr C De Voil - Director


REMPSTONE LTD (REGISTERED NUMBER: 10267144)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024


1. Statutory information

Rempstone Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 10267144. The registered office address is 7 & 8 Church Street, Wimborne, BH21 1JH and the business address is 2 Cheyne Gardens, West Cliff Road, Bournemouth, Dorset, BH4 8AS.

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.

The Company has made a loss of £2,321 during the year and has a deficiency of assets at the year end of £12,714. The company is dependant upon the continued support of its director, Mr C De Voil, who give assurance that he will assist with the company's working capital requirements over the next twelve months if necessary.

Turnover
Turnover represents amounts receivable in respect of services provided in the ordinary course of business and is recognised once the service has been provided to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

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 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.

Financial instruments
Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 1 (2023 - 1 ) .

REMPSTONE LTD (REGISTERED NUMBER: 10267144)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


4. Tangible fixed assets
Fixtures
and
fittings
£   
Cost
At 1 August 2023
and 31 July 2024 1,232
Depreciation
At 1 August 2023 975
Charge for year 64
At 31 July 2024 1,039
Net book value
At 31 July 2024 193
At 31 July 2023 257

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors - 200
Directors' current accounts 2,367 5,951
Tax - 1,518
2,367 7,669

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts 8,326 7,519
Trade creditors 1,362 2,237
Accruals and deferred income 1,501 1,502
11,189 11,258

7. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans - 1-2 years 3,000 3,072
Bank loans - 2-5 years 1,085 3,989
4,085 7,061

8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

REMPSTONE LTD (REGISTERED NUMBER: 10267144)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


9. Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 July 2024 and 31 July 2023:

2024 2023
£    £   
Mr C De Voil
Balance outstanding at start of year 5,951 15,737
Amounts advanced 2,367 5,951
Amounts repaid (5,951 ) (15,737 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 2,367 5,951

At the year end, the director, Mr C De Voil, owed the company £2,367 (2023: £5,951) which is shown within Debtors. This balance was fully repaid by the director within 9 months of the year end.

10. Ultimate controlling party

The company is controlled by the director, Mr C De Voil, who holds 75% of the issued share capital.