Company registration number 11214789 (England and Wales)
Renco Holdings Ltd
UNAUDITED FINANCIAL STATEMENTS
for the period ended 30 May 2024
PAGES FOR FILING WITH REGISTRAR
Renco Holdings Ltd
Contents
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 4
Renco Holdings Ltd
Statement Of Financial Position
as at 30 May 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Investment properties
2
952,333
952,333
Investments
3
100
100
952,433
952,433
Current assets
Debtors
142,069
153,693
Cash at bank and in hand
7
5,403
142,076
159,096
Creditors: amounts falling due within one year
(27,475)
(41,384)
Net current assets
114,601
117,712
Net assets
1,067,034
1,070,145
Capital and reserves
Called up share capital
200
200
Profit and loss reserves
1,066,834
1,069,945
Total equity
1,067,034
1,070,145
Renco Holdings Ltd
Statement Of Financial Position (continued)
as at 30 May 2024
- 2 -

In accordance with section 444 of the Companies Act 2006, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

For the financial period ended 30 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 27 May 2025 and are signed on its behalf by:
V Makwana
Director
Company Registration No. 11214789
Renco Holdings Ltd
Notes to the financial statements
for the period ended 30 May 2024
- 3 -
1
Accounting policies
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Turnover

Turnover represents the value of services excluding value added tax, provided under contractual obligations to the extent that there is a right to consideration and where payments are received in advance for future periods the amounts are recorded as deferred income.

 

The total turnover of the company for the year has been derived from its principal activity wholly undertaken in the UK.

Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure.

Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

2
Investment property
2024
£
Fair value
At 1 June 2023 and 30 May 2024
952,333
Renco Holdings Ltd
Notes to the financial statements (continued)
for the period ended 30 May 2024
- 4 -
3
Fixed asset investments
2024
2023
£
£
Shares in subsidiaries
100
100
4
Company information

Renco Holdings Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Metic House, Ripley Drive, Normanton, West Yorkshire, WF6 1QT.

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