Company Registration No. 12364586 (England and Wales)
Renaissance Property Holdings Limited
Unaudited accounts
for the year ended 31 December 2023
Renaissance Property Holdings Limited
Unaudited accounts
Contents
Renaissance Property Holdings Limited
Company Information
for the year ended 31 December 2023
Company Number
12364586 (England and Wales)
Registered Office
5 THEOBALD STREET
RADLETT
WD7 7LP
ENGLAND
Accountants
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
Renaissance Property Holdings Limited
Statement of financial position
as at 31 December 2023
Tangible assets
427,683
427,744
Cash at bank and in hand
12,470
5,514
Creditors: amounts falling due within one year
(247,684)
(247,542)
Net current liabilities
(235,214)
(241,770)
Total assets less current liabilities
192,469
185,974
Creditors: amounts falling due after more than one year
(220,232)
(225,847)
Net liabilities
(27,763)
(39,873)
Called up share capital
10
10
Profit and loss account
(27,773)
(39,883)
Shareholders' funds
(27,763)
(39,873)
For the year ending 31 December 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 December 2023 and were signed on its behalf by
Jonathan Brassey
Director
Company Registration No. 12364586
Renaissance Property Holdings Limited
Notes to the Accounts
for the year ended 31 December 2023
Renaissance Property Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 12364586. The registered office is 5 THEOBALD STREET, RADLETT, WD7 7LP, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Not Depreciated
Plant & machinery
25% on reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 January 2023
427,500
435
427,935
At 31 December 2023
427,500
435
427,935
At 1 January 2023
-
191
191
Charge for the year
-
61
61
At 31 December 2023
-
252
252
At 31 December 2023
427,500
183
427,683
At 31 December 2022
427,500
244
427,744
Amounts falling due within one year
Renaissance Property Holdings Limited
Notes to the Accounts
for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023
2022
Loans from directors
246,989
245,639
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
220,232
225,847
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Account
(245,639)
(1,350)
-
(246,989)
(245,639)
(1,350)
-
(246,989)
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).