Company Registration No. 08221920 (England and Wales)
RENFIN LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015
RENFIN LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
RENFIN LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 SEPTEMBER 2015
30 September 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Investments
2
1,686,115
2,260,033
Current assets
Debtors
378,651
139,952
Cash at bank and in hand
4,421
89
383,072
140,041
Creditors: amounts falling due within one year
(160,134)
(98,908)
Net current assets
222,938
41,133
Total assets less current liabilities
1,909,053
2,301,166
Creditors: amounts falling due after more than one year
(1,656,284)
(2,321,484)
252,769
(20,318)
Capital and reserves
Called up share capital
3
1
1
Profit and loss account
252,768
(20,319)
Shareholders' funds
252,769
(20,318)
For the financial year ended 30 September 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 30 September 2016
J Tosnar
Director
Company Registration No. 08221920
RENFIN LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Investments
Fixed asset investments are stated at cost less provision for diminution in value.
2
Fixed assets
Investments
£
Cost
At 1 October 2014
2,260,113
Additions
1,117,052
Disposals
(1,691,050)
At 30 September 2015
1,686,115
At 30 September 2014
2,260,033
Holdings of more than 20%
The company holds more than 20% of the share capital of the following companies:
Company
Country of registration or
Shares held
incorporation
Class
%
Subsidiary undertakings
Glen Hydro Development Ltd
Scotland
Ordinary
65.00
Hydro Electric Development Limited
England & Wales
Ordinary
80.00
Afon Las Hydro Ltd
England & Wales
Ordinary
100.00
Participating interests
Glen Hydro Consulting ltd
Scotland
Ordinary
33.00
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
1 Ordinary of £1 each
1
1