Company Registration No. 12759297 (England and Wales)
Renowned Renovations Limited
Unaudited accounts
for the year ended 31 July 2023
Renowned Renovations Limited
Unaudited accounts
Contents
Renowned Renovations Limited
Company Information
for the year ended 31 July 2023
Directors
Mr I Fewings
Mrs S Brightman
Company Number
12759297 (England and Wales)
Registered Office
56 Durford Road
Petersfield
GU314HA
United Kingdom
Renowned Renovations Limited
Statement of financial position
as at 31 July 2023
Tangible assets
10,618
15,324
Cash at bank and in hand
6,745
1,412
Creditors: amounts falling due within one year
(2,644)
(12,209)
Net current assets/(liabilities)
4,101
(10,797)
Profit and loss account
14,719
4,527
Shareholders' funds
14,719
4,527
For the year ending 31 July 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 directors acknowledge their 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 of Directors and authorised for issue on 5 March 2024 and were signed on its behalf by
Mr I Fewings
Director
Company Registration No. 12759297
Renowned Renovations Limited
Notes to the Accounts
for the year ended 31 July 2023
Renowned Renovations Limited is a private company, limited by shares, registered in England and Wales, registration number 12759297. The registered office is 56 Durford Road, Petersfield, GU314HA, United Kingdom.
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:
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 August 2022
14,000
7,020
21,020
At 31 July 2023
14,000
7,020
21,020
At 1 August 2022
3,500
2,196
5,696
Charge for the year
3,500
1,206
4,706
At 31 July 2023
7,000
3,402
10,402
At 31 July 2023
7,000
3,618
10,618
At 31 July 2022
10,500
4,824
15,324
5
Creditors: amounts falling due within one year
2023
2022
Loans from directors
2,165
12,209
Renowned Renovations Limited
Notes to the Accounts
for the year ended 31 July 2023
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).