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REGISTERED NUMBER: 08528715 (England and Wales)















Renardson Construction Ltd

Unaudited Financial Statements for the Year Ended 31 May 2023






Renardson Construction Ltd (Registered number: 08528715)

Contents of the Financial Statements
for the Year Ended 31 May 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 8

Renardson Construction Ltd

Company Information
for the Year Ended 31 May 2023







DIRECTORS: P Renardson
T A J Renardson





REGISTERED OFFICE: 11 Butlers Close
Long Compton
Warwickshire
CV36 5JY





REGISTERED NUMBER: 08528715 (England and Wales)





ACCOUNTANTS: D & S Plumb Accountants Limited
19 A/B Blackwell Bus. Park
Blackwell
Shipston-on-Stour
Warwickshire
CV36 4PE

Renardson Construction Ltd (Registered number: 08528715)

Balance Sheet
31 May 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 144,245 201,495

CURRENT ASSETS
Stocks 10,000 4,000
Debtors 5 322,877 162,450
Cash at bank - 11,383
332,877 177,833
CREDITORS
Amounts falling due within one year 6 323,796 240,557
NET CURRENT ASSETS/(LIABILITIES) 9,081 (62,724 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

153,326

138,771

CREDITORS
Amounts falling due after more than one year 7 (116,365 ) (46,347 )

PROVISIONS FOR LIABILITIES (27,407 ) (38,284 )
NET ASSETS 9,554 54,140

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 9,552 54,138
SHAREHOLDERS' FUNDS 9,554 54,140

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Renardson Construction Ltd (Registered number: 08528715)

Balance Sheet - continued
31 May 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 February 2024 and were signed on its behalf by:





P Renardson - Director


Renardson Construction Ltd (Registered number: 08528715)

Notes to the Financial Statements
for the Year Ended 31 May 2023


1. STATUTORY INFORMATION

Renardson Construction Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance, 15% on reducing balance and Straight line over 3 years

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

Renardson Construction Ltd (Registered number: 08528715)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2022 239,532
Additions 98,047
Disposals (147,553 )
At 31 May 2023 190,026
DEPRECIATION
At 1 June 2022 38,037
Charge for year 30,361
Eliminated on disposal (22,617 )
At 31 May 2023 45,781
NET BOOK VALUE
At 31 May 2023 144,245
At 31 May 2022 201,495

Renardson Construction Ltd (Registered number: 08528715)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 June 2022 97,600
Additions 54,952
Disposals (48,600 )
Transfer to ownership (25,750 )
At 31 May 2023 78,202
DEPRECIATION
At 1 June 2022 20,384
Charge for year 12,496
Eliminated on disposal (10,380 )
Transfer to ownership (9,708 )
At 31 May 2023 12,792
NET BOOK VALUE
At 31 May 2023 65,410
At 31 May 2022 77,216

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 103,624 104,230
Other debtors 219,253 58,220
322,877 162,450

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 15,891 10,000
Hire purchase contracts 13,171 9,380
Trade creditors 163,649 179,515
Taxation and social security 35,044 11,641
Other creditors 96,041 30,021
323,796 240,557

Renardson Construction Ltd (Registered number: 08528715)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 20,045 30,000
Hire purchase contracts 30,950 16,347
Other creditors 65,370 -
116,365 46,347

Renardson Construction Ltd

Report of the Accountants to the Directors of
Renardson Construction Ltd


The following reproduces the text of the report prepared for the directors 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 Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 May 2023 set out on pages three to ten and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






D & S Plumb Accountants Limited
19 A/B Blackwell Bus. Park
Blackwell
Shipston-on-Stour
Warwickshire
CV36 4PE


6 February 2024