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REGISTERED NUMBER: 08208282 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 October 2023

for

Renewable Innovations Ltd

Renewable Innovations Ltd (Registered number: 08208282)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Renewable Innovations Ltd

Company Information
for the Year Ended 31 October 2023







DIRECTOR: K Cometson





REGISTERED OFFICE: James Garage
Rear of 4 Morgan Street
Llanbradach
Caerphilly
RCT
CF83 3LW





REGISTERED NUMBER: 08208282 (England and Wales)





ACCOUNTANTS: C Hergest Ltd
AAT Licensed Accountant
28 High Street
Aberdare
RCT
CF44 7AA

Renewable Innovations Ltd (Registered number: 08208282)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £   
CURRENT ASSETS
Stocks 12,000 15,000
Debtors 5 10,301 425
Cash at bank 1,080 357
23,381 15,782
CREDITORS
Amounts falling due within one year 6 81,635 79,202
NET CURRENT LIABILITIES (58,254 ) (63,420 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(58,254

)

(63,420

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7 (58,354 ) (63,520 )
SHAREHOLDERS' FUNDS (58,254 ) (63,420 )

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

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

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 February 2024 and were signed by:





K Cometson - Director


Renewable Innovations Ltd (Registered number: 08208282)

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

1. STATUTORY INFORMATION

Renewable Innovations 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.
Fixtures and fittings - 20% on cost
Computer equipment - 20% on cost

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 November 2022
and 31 October 2023 727 1,494 2,221
DEPRECIATION
At 1 November 2022
and 31 October 2023 727 1,494 2,221
NET BOOK VALUE
At 31 October 2023 - - -
At 31 October 2022 - - -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 10,000 -
VAT 301 216
Prepayments - 209
10,301 425

Renewable Innovations Ltd (Registered number: 08208282)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors - 1
Social security and other taxes - 298
Directors' current accounts 80,960 78,230
Accrued expenses 675 673
81,635 79,202

7. RESERVES
Retained
earnings
£   

At 1 November 2022 (63,520 )
Profit for the year 5,166
At 31 October 2023 (58,354 )