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REGISTERED NUMBER: 07289284 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Renuvo Ltd

Renuvo Ltd (Registered number: 07289284)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

Renuvo Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTORS: A G Percival
J B Percival





REGISTERED OFFICE: Unit 1g
Kingsbury Link
Trinity Road
Tamworth
Staffordshire
B78 2EX





REGISTERED NUMBER: 07289284 (England and Wales)





ACCOUNTANTS: Charnwood Accountants LLP
The Point
Granite Way
Mountsorrel
Loughborough
Leicestershire
LE12 7TZ

Renuvo Ltd (Registered number: 07289284)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 251,303 85,242

CURRENT ASSETS
Stocks 62,802 38,969
Debtors 5 755,197 561,322
Cash at bank and in hand 347,482 581,345
1,165,481 1,181,636
CREDITORS
Amounts falling due within one year 6 652,549 580,722
NET CURRENT ASSETS 512,932 600,914
TOTAL ASSETS LESS CURRENT
LIABILITIES

764,235

686,156

CREDITORS
Amounts falling due after more than one
year

7

(115,377

)

(137,500

)

PROVISIONS FOR LIABILITIES (62,281 ) (20,646 )
NET ASSETS 586,577 528,010

CAPITAL AND RESERVES
Called up share capital 8 87 87
Share premium 13 13
Retained earnings 586,477 527,910
SHAREHOLDERS' FUNDS 586,577 528,010

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

Renuvo Ltd (Registered number: 07289284)

Balance Sheet - continued
31 January 2024


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 23 August 2024 and were signed on its behalf by:





A G Percival - Director


Renuvo Ltd (Registered number: 07289284)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Renuvo 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 - 10% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 33% 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.

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.

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.

Renuvo Ltd (Registered number: 07289284)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2023 - 15 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 February 2023 34,904 177,416 30,803 243,123
Additions 9,493 180,616 11,674 201,783
At 31 January 2024 44,397 358,032 42,477 444,906
DEPRECIATION
At 1 February 2023 20,230 109,253 28,398 157,881
Charge for year 1,879 30,916 2,927 35,722
At 31 January 2024 22,109 140,169 31,325 193,603
NET BOOK VALUE
At 31 January 2024 22,288 217,863 11,152 251,303
At 31 January 2023 14,674 68,163 2,405 85,242

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 544,371 436,801
Other debtors 210,826 124,521
755,197 561,322

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 50,000 50,000
Hire purchase contracts 16,726 15,115
Trade creditors 377,815 334,588
Amounts owed to group undertakings 10,134 12,000
Taxation and social security 132,402 117,687
Other creditors 65,472 51,332
652,549 580,722

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Bank loans 87,500 137,500
Hire purchase contracts 27,877 -
115,377 137,500

Renuvo Ltd (Registered number: 07289284)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
87 Ordinary £1 87 87

9. ULTIMATE CONTROLLING PARTY

The company is a 100% subsidiary of Janus Solutions Limited, a company incorporated in England and Wales.

The ultimate controlling party is J.E Percival.

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Renuvo 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.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Renuvo Ltd for the year ended 31 January 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Renuvo Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Renuvo Ltd and state those matters that we have agreed to state to the Board of Directors of Renuvo Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Renuvo Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Renuvo Ltd. You consider that Renuvo Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Renuvo Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Charnwood Accountants LLP
The Point
Granite Way
Mountsorrel
Loughborough
Leicestershire
LE12 7TZ


23 August 2024