IRIS Accounts Production v23.3.1.45 03431646 Board of Directors 1.11.22 31.10.23 31.10.23 false true false false true false Fair value model Ordinary 'A' shares 1.00000 Ordinary 'B' shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh034316462022-10-31034316462023-10-31034316462022-11-012023-10-31034316462021-10-31034316462021-11-012022-10-31034316462022-10-3103431646ns10:Originalns15:EnglandWales2022-11-012023-10-3103431646ns14:PoundSterlingns10:Original2022-11-012023-10-3103431646ns10:Originalns10:Director12022-11-012023-10-3103431646ns10:Original2022-11-012023-10-3103431646ns10:Original2023-10-3103431646ns10:Originalns10:PrivateLimitedCompanyLtd2022-11-012023-10-3103431646ns10:Originalns10:SmallEntities2022-11-012023-10-3103431646ns10:Originalns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3103431646ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3103431646ns10:SmallCompaniesRegimeForAccountsns10:Original2022-11-012023-10-3103431646ns10:Originalns10:FullAccounts2022-11-012023-10-3103431646ns10:Originalns10:OrdinaryShareClass22022-11-012023-10-3103431646ns10:OrdinaryShareClass3ns10:Original2022-11-012023-10-3103431646ns10:Originalns10:Director22022-11-012023-10-3103431646ns10:CompanySecretary1ns10:Original2022-11-012023-10-3103431646ns10:Originalns10:RegisteredOffice2022-11-012023-10-3103431646ns10:Original2022-10-3103431646ns10:Originalns5:CurrentFinancialInstruments2023-10-3103431646ns10:Originalns5:CurrentFinancialInstruments2022-10-3103431646ns10:Originalns5:Non-currentFinancialInstruments2023-10-3103431646ns10:Originalns5:Non-currentFinancialInstruments2022-10-3103431646ns5:ShareCapitalns10:Original2023-10-3103431646ns5:ShareCapitalns10:Original2022-10-3103431646ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-10-3103431646ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-10-3103431646ns10:Originalns5:LeaseholdImprovements2022-11-012023-10-3103431646ns10:Originalns5:PlantMachinery2022-11-012023-10-3103431646ns10:Originalns5:FurnitureFittings2022-11-012023-10-3103431646ns10:Originalns5:MotorVehicles2022-11-012023-10-3103431646ns10:Originalns5:ComputerEquipment2022-11-012023-10-3103431646ns10:Original2021-11-012022-10-3103431646ns10:Originalns5:LeaseholdImprovements2022-10-3103431646ns10:Originalns5:PlantMachinery2022-10-3103431646ns10:Originalns5:FurnitureFittings2022-10-3103431646ns10:Originalns5:LeaseholdImprovements2023-10-3103431646ns10:Originalns5:PlantMachinery2023-10-3103431646ns10:Originalns5:FurnitureFittings2023-10-3103431646ns10:Originalns5:LeaseholdImprovements2022-10-3103431646ns10:Originalns5:PlantMachinery2022-10-3103431646ns10:Originalns5:FurnitureFittings2022-10-3103431646ns10:Originalns5:MotorVehicles2022-10-3103431646ns10:Originalns5:ComputerEquipment2022-10-3103431646ns10:Original2022-10-3103431646ns10:Originalns5:MotorVehicles2023-10-3103431646ns10:Originalns5:ComputerEquipment2023-10-3103431646ns10:Originalns5:MotorVehicles2022-10-3103431646ns10:Originalns5:ComputerEquipment2022-10-3103431646ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3103431646ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-3103431646ns10:Originalns5:WithinOneYear2023-10-3103431646ns10:Originalns5:WithinOneYear2022-10-3103431646ns5:BetweenOneFiveYearsns10:Original2023-10-3103431646ns5:BetweenOneFiveYearsns10:Original2022-10-3103431646ns10:Originalns5:AllPeriods2023-10-3103431646ns10:Originalns5:AllPeriods2022-10-3103431646ns5:AcceleratedTaxDepreciationDeferredTaxns10:Original2023-10-3103431646ns5:AcceleratedTaxDepreciationDeferredTaxns10:Original2022-10-3103431646ns10:Originalns5:DeferredTaxation2022-10-3103431646ns10:Originalns5:DeferredTaxation2022-11-012023-10-3103431646ns10:Originalns5:DeferredTaxation2023-10-3103431646ns10:Originalns10:OrdinaryShareClass22023-10-3103431646ns10:OrdinaryShareClass3ns10:Original2023-10-3103431646ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-10-3103431646ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-11-012023-10-310343164612022-11-012023-10-31
REGISTERED NUMBER: 03431646 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST OCTOBER 2023

FOR

ENVIRONMENTAL RENAISSANCE LTD

ENVIRONMENTAL RENAISSANCE LTD (REGISTERED NUMBER: 03431646)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ENVIRONMENTAL RENAISSANCE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST OCTOBER 2023







DIRECTORS: Mr F D Murphy
Mr D Murphy





SECRETARY: Mrs B Murphy





REGISTERED OFFICE: 17 Moor Park Avenue
Preston
PR1 6AS





REGISTERED NUMBER: 03431646 (England and Wales)





ACCOUNTANTS: SBCA Chartered Accountants
17 Moor Park Avenue
Preston
Lancashire
PR1 6AS

ENVIRONMENTAL RENAISSANCE LTD (REGISTERED NUMBER: 03431646)

BALANCE SHEET
31ST OCTOBER 2023

31.10.23 31.10.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 131,473 168,210
Investment property 5 - 130,000
131,473 298,210

CURRENT ASSETS
Stocks 6 40,000 -
Debtors 7 563,905 360,898
Cash at bank 12,134 225,188
616,039 586,086
CREDITORS
Amounts falling due within one year 8 (331,631 ) (371,368 )
NET CURRENT ASSETS 284,408 214,718
TOTAL ASSETS LESS CURRENT LIABILITIES 415,881 512,928

CREDITORS
Amounts falling due after more than
one year

9

(22,497

)

(30,805

)

PROVISIONS FOR LIABILITIES 11 (32,331 ) (37,434 )
NET ASSETS 361,053 444,689

CAPITAL AND RESERVES
Called up share capital 12 100 100
Retained earnings 13 360,953 444,589
SHAREHOLDERS' FUNDS 361,053 444,689

ENVIRONMENTAL RENAISSANCE LTD (REGISTERED NUMBER: 03431646)

BALANCE SHEET - continued
31ST OCTOBER 2023


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18th January 2024 and were signed on its behalf by:





Mr D Murphy - Director


ENVIRONMENTAL RENAISSANCE LTD (REGISTERED NUMBER: 03431646)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2023


1. STATUTORY INFORMATION

Environmental Renaissance 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents net invoiced value of goods and services provided in the year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 15% on cost
Plant and machinery - 15% on cost
Fixtures and fittings - 15% on cost
Motor vehicles - 20% on cost
Computer equipment - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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

ENVIRONMENTAL RENAISSANCE LTD (REGISTERED NUMBER: 03431646)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2023


2. ACCOUNTING POLICIES - continued

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future cash flows discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of future cash flows discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if the payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest rate method.

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


ENVIRONMENTAL RENAISSANCE LTD (REGISTERED NUMBER: 03431646)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2023


2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
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 10 (2022 - 9 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1st November 2022 13,842 541,068 5,479
Additions - 9,145 -
At 31st October 2023 13,842 550,213 5,479
DEPRECIATION
At 1st November 2022 13,842 424,665 4,847
Charge for year - 32,733 165
At 31st October 2023 13,842 457,398 5,012
NET BOOK VALUE
At 31st October 2023 - 92,815 467
At 31st October 2022 - 116,403 632

ENVIRONMENTAL RENAISSANCE LTD (REGISTERED NUMBER: 03431646)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2023


4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1st November 2022 151,679 3,162 715,230
Additions 1,840 1,249 12,234
At 31st October 2023 153,519 4,411 727,464
DEPRECIATION
At 1st November 2022 100,596 3,070 547,020
Charge for year 15,878 195 48,971
At 31st October 2023 116,474 3,265 595,991
NET BOOK VALUE
At 31st October 2023 37,045 1,146 131,473
At 31st October 2022 51,083 92 168,210

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st November 2022 130,000
Disposals (130,000 )
At 31st October 2023 -
NET BOOK VALUE
At 31st October 2023 -
At 31st October 2022 130,000


6. STOCKS
31.10.23 31.10.22
£    £   
Stocks 40,000 -

ENVIRONMENTAL RENAISSANCE LTD (REGISTERED NUMBER: 03431646)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2023


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 125,445 165,099
Amounts owed by group undertakings 252,809 156,933
Other debtors 185,651 38,866
563,905 360,898

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 41,154 9,598
Trade creditors 50,517 10,077
Taxation and social security 71,290 75,068
Other creditors 168,670 276,625
331,631 371,368

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans 22,497 30,805

10. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.10.23 31.10.22
£    £   
Within one year 11,343 11,343
Between one and five years 56,713 56,713
68,056 68,056

11. PROVISIONS FOR LIABILITIES
31.10.23 31.10.22
£    £   
Deferred tax
Accelerated capital allowances 32,331 31,519
Other timing differences - 5,915
32,331 37,434

ENVIRONMENTAL RENAISSANCE LTD (REGISTERED NUMBER: 03431646)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2023


11. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1st November 2022 37,434
Credit to Statement of Income and Retained Earnings during
year

(5,103

)
Balance at 31st October 2023 32,331

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
60 Ordinary 'A' shares £1 60 60
40 Ordinary 'B' shares £1 40 40
100 100

13. RESERVES
Retained
earnings
£   

At 1st November 2022 444,589
Profit for the year 87,795
Dividends (171,431 )
At 31st October 2023 360,953

14. ULTIMATE CONTROLLING PARTY

The controlling party is Mr D Murphy.

The company is a wholly owned subsidiary of Pinto Holdings Ltd. The registered office
address is 17 Moor Park Avenue, Preston, England, PR1 6AS.