RNR Capital Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 12909229 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

RNR Capital Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTOR:

R N Roberts

REGISTERED OFFICE:

Canal Cottage

Old Stafford Road

Cross Green

Wolverhampton

West Midlands

WV10 7PL

REGISTERED NUMBER:

12909229 (England and Wales)

ACCOUNTANTS:

Crowther Jordan Limited

Chartered Accountants

39 High Street

Wednesfield

Wolverhampton

West Midlands

WV11 1ST

FIXED ASSETS

Investment property

4

436,412

331,530

CURRENT ASSETS

Debtors

5

7,208

250

Cash at bank

11,298

116,460

18,506

116,710

CREDITORS

Amounts falling due within one year

6

(199,319

)

(198,990

)

NET CURRENT LIABILITIES

(180,813

)

(82,280

)

TOTAL ASSETS LESS CURRENT LIABILITIES

255,599

249,250

CREDITORS

Amounts falling due after more than one year

7

(241,999

)

(241,999

)

NET ASSETS

13,600

7,251

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

13,500

7,151

SHAREHOLDERS' FUNDS

13,600

7,251

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Income and Retained Earnings has not been delivered.

The financial statements were approved and authorised for issue by the director and authorised for issue on 27 June 2025 and were signed by:

R N Roberts - Director

1.	STATUTORY INFORMATION

RNR Capital Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

331,530

Additions

104,882

At 31 December 2024

436,412

NET BOOK VALUE

At 31 December 2024

436,412

At 31 December 2023

331,530

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Other debtors

7,208

250

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Taxation and social security

1,489

1,160

Other creditors

197,830

199,319

198,990

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

Other creditors

241,999

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

241,999

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

Other loans

241,999

Other loans are a mortgage advanced by Kensington Mortgage Company Limited and secured against investment property. The loan is on an interest only basis with interest being charged monthly. The capital is due for repayment in May 2031.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

100

Ordinary

£1.00

100

10.	CAPITAL COMMITMENTS

31.12.24

31.12.23

£

Contracted but not provided for in the

financial statements

100,000

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31.12.24

31.12.23

£

R N Roberts

Balance outstanding at start of year

-

Amounts advanced

6,958

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

6,958

-

12.	RELATED PARTY DISCLOSURES

Other creditors includes £196,630 (2023: £196,630) owed to companies controlled by the director. The advances are
repayable on demand and interest free.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of RNR Capital Limited for the year ended 31 December 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of RNR Capital Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of RNR Capital Limited and state those matters that we have agreed to state to the director of RNR Capital Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than RNR Capital Limited and its director for our work or for this report.

It is your duty to ensure that RNR Capital Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of RNR Capital Limited. You consider that RNR Capital Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of RNR Capital Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Crowther Jordan Limited

Chartered Accountants

39 High Street

Wednesfield

Wolverhampton

West Midlands

WV11 1ST

27 June 2025