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REGISTERED NUMBER: 06798130 (England and Wales)












Unaudited Financial Statements

for the Year Ended 30 June 2024

for

RENAISSANCE SCIENTIFIC LTD

RENAISSANCE SCIENTIFIC LTD (REGISTERED NUMBER: 06798130)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


RENAISSANCE SCIENTIFIC LTD

Company Information
for the Year Ended 30 June 2024







DIRECTORS: K S Chera
Mrs K K Chera





SECRETARY: Mrs K K Chera





REGISTERED OFFICE: 100 Church Street
Brighton
East Sussex
BN1 1UJ





REGISTERED NUMBER: 06798130 (England and Wales)





ACCOUNTANTS: Paddenburg & Co Limited
100 Church Street
Brighton
East Sussex
BN1 1UJ

RENAISSANCE SCIENTIFIC LTD (REGISTERED NUMBER: 06798130)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 800 1,160

CURRENT ASSETS
Debtors 5 11,478 6,414
Cash at bank 15,131 17,529
26,609 23,943
CREDITORS
Amounts falling due within one year 6 11,654 8,718
NET CURRENT ASSETS 14,955 15,225
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,755

16,385

PROVISIONS FOR LIABILITIES 152 220
NET ASSETS 15,603 16,165

CAPITAL AND RESERVES
Called up share capital 6 6
Retained earnings 15,597 16,159
SHAREHOLDERS' FUNDS 15,603 16,165

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 10 September 2024 and were signed on its behalf by:




K S Chera - Director


RENAISSANCE SCIENTIFIC LTD (REGISTERED NUMBER: 06798130)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Renaissance Scientific 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 comprises revenue recognised by the company in respect of services supplied, exclusive of value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on reducing balance and 25% on reducing balance

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.

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 2 (2023 - 2 ) .

RENAISSANCE SCIENTIFIC LTD (REGISTERED NUMBER: 06798130)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023
and 30 June 2024 5,410
DEPRECIATION
At 1 July 2023 4,250
Charge for year 360
At 30 June 2024 4,610
NET BOOK VALUE
At 30 June 2024 800
At 30 June 2023 1,160

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 11,478 3,294
Other debtors - 3,120
11,478 6,414

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 289
Taxation and social security 9,717 4,362
Other creditors 1,937 4,067
11,654 8,718

7. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party by virtue of both directors having an equal shareholding in the company.