| RNT Leasing Limited |
|
| Report to the directors on the preparation of the unaudited abbreviated accounts of RNT Leasing Limited for the period ended 31 March 2014 |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated financial statements of RNT Leasing Limited for the period ended 31 March 2014 which comprise of the 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/ |
| This report is made solely to the Board of Directors of RNT Leasing Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of RNT Leasing Limited and state those matters that we have agreed to state to the Board of Directors of RNT Leasing Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than RNT Leasing Limited and its Board of Directors as a body for our work or for this report. |
| It is your duty to ensure that RNT Leasing 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 loss of RNT Leasing Limited. You consider that RNT Leasing Limited is exempt from the statutory audit requirement for the period. |
| We have not been instructed to carry out an audit or a review of the financial statements of RNT Leasing 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 abbreviated accounts. |
|
| C H Business Services Ltd |
| Accountants |
| 2 Minton Place |
| Victoria Road |
| Bicester |
| Oxon |
| OX26 6QB |
|
| RNT Leasing Limited |
| Registered number: 08324694 |
| Abbreviated Balance Sheet |
| as at 31 March 2014 |
|
| Notes |
|
|
2014 |
|
| £ |
|
|
| Partnership interest |
2 |
|
|
284,390 |
|
| Current assets |
| Cash at bank and in hand |
|
|
7,344 |
|
| Creditors: amounts falling due within one year |
|
|
(2,084) |
|
| Net current assets |
|
|
|
5,260 |
|
|
| Total assets less current liabilities |
|
|
|
289,650 |
|
|
| Creditors: amounts falling due after more than one year |
|
|
|
(270,000) |
|
|
| Net assets |
|
|
|
19,650 |
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
10,000 |
| Share premium |
|
|
|
20,000 |
| Profit and loss account |
|
|
|
(10,350) |
|
| Shareholders' funds |
|
|
|
19,650 |
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| 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 financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| J B Mayhew |
| Director |
| Approved by the board on 18 August 2014 |
|
| RNT Leasing Limited |
| Notes to the Abbreviated Accounts |
| for the period ended 31 March 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
|
|
Turnover |
|
Income comprises the company's share of partnership profits. |
|
|
| 2 |
Interest in Triple Point Lease Partners |
£ |
|
|
|
At 10 December 2012 |
- |
|
|
Introduced in period |
282,500 |
|
|
Profit share |
8,953 |
|
|
Withdrawn in period |
(7,063) |
|
|
At 31 March 2014 |
284,390 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
| value |
Number |
£ |
|
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
10,000 |
|
10,000 |
|
|
|
|
|
|
|
|
|
|
Nominal value |
Number |
Amount |
|
Value received |
| £ |
£ |
|
Shares issued during the period: |
|
Ordinary shares |
£1 each |
|
10,000 |
|
10,000 |
|
1,649,991 |
|
|
|
|
|
|
|
|
| 4 |
Ultimate controlling party |
|
|
J B Mayhew is the ultimate controlling party by virtue of his 100% shareholding. |
