RENHULT INC LTD

Company Registration Number:
12617056 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

RENHULT INC LTD

Contents of the Financial Statements

for the Period Ended 31 May 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

RENHULT INC LTD

Company Information

for the Period Ended 31 May 2024




Director: Glenn Renhult
Registered office: 85
Great Portland Street
First Floor
London
England
W1W 7LT
Company Registration Number: 12617056 (England and Wales)

RENHULT INC LTD

Directors' Report Period Ended 31 May 2024

The directors present their report with the financial statements of the company for the period ended 31 May 2024

Principal Activities

Additional information

General information about the business The company is a privately owned venture company that will conduct consulting and management activities within business and financing with the aim of creating long-term value growth for the company's owners. The company is based in London and operates both in England and Sweden. Venture Capital Growth Management is the company's orientation and description of its operations, and the company is owned and run by the Renhult family. The turnover for the financial year 2023-2024 was 556 839 GBP and the net result for the period was negative GBP -18,061. The increase in turnover is primarily attributable to the sale of consulting services and the re-invoicing of costs to our customers and the remaining costs are related to management and administrative expenses during the year.

Directors

The directors shown below have held office during the whole of the period from 01 June 2023 to 31 May 2024
Glenn Renhult

This report was approved by the board of directors on 27 February 2025
And Signed On Behalf Of The Board By:

Name: Glenn Renhult
Status: Director

RENHULT INC LTD

Profit and Loss Account

for the Period Ended 31 May 2024


Notes

2024
£

2023
£
Gross Profit or (Loss) 556,839 33,245
Administrative Expenses ( 574,900 ) ( 67,051 )
Operating Profit or (Loss) ( 18,061 ) ( 33,806 )
Profit or (Loss) Before Tax ( 18,061 ) ( 33,806 )
Profit or (Loss) for Period ( 18,061 ) ( 33,806 )

The notes form part of these financial statements

RENHULT INC LTD

Balance sheet

As at 31 May 2024


Notes

2024
£

2023
£
Fixed assets
Total fixed assets: - -
Current assets
Debtors: 968,536 991,505
Cash at bank and in hand: 1,049 58
Total current assets: 969,585 991,563
Creditors: amounts falling due within one year: 4 ( 23,554 ) ( 27,471 )
Net current assets (liabilities): 946,031 964,092
Total assets less current liabilities: 946,031 964,092
Total net assets (liabilities): 946,031 964,092

The notes form part of these financial statements

RENHULT INC LTD

Balance sheet continued

As at 31 May 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1,001,000 1,001,000
Profit and loss account: ( 54,969 ) ( 36,908 )
Shareholders funds: 946,031 964,092

For the year ending 31 May 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 27 February 2025
And Signed On Behalf Of The Board By:

Name: Glenn Renhult
Status: Director

The notes form part of these financial statements

RENHULT INC LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

RENHULT INC LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

RENHULT INC LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 3. Off balance sheet disclosure

    No

RENHULT INC LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Creditors: amounts falling due within one year note

The company currently has no external creditors