2023-11-01 14394866 2024-10-31 14394866 2023-11-01 2024-10-31 14394866 2023-10-31 14394866 2022-10-03 2023-10-31 14394866 uk-core:WithinOneYear 2023-10-31 14394866 uk-core:WithinOneYear 2024-10-31 14394866 uk-core:ShareCapital 2024-10-31 14394866 uk-core:ShareCapital 2023-10-31 14394866 uk-core:RetainedEarningsAccumulatedLosses 2024-10-31 14394866 uk-core:RetainedEarningsAccumulatedLosses 2023-10-31 14394866 uk-bus:Director1 2023-11-01 2024-10-31 14394866 uk-bus:Director2 2023-11-01 2024-10-31 14394866 uk-core:CommercialMotorVehicles 2023-10-31 14394866 uk-core:PlantMachinery 2023-10-31 14394866 uk-core:CommercialMotorVehicles 2023-11-01 2024-10-31 14394866 uk-core:PlantMachinery 2024-10-31 14394866 uk-core:CommercialMotorVehicles 2024-10-31 14394866 uk-core:PlantMachinery 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure 14394866 uk-bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 14394866 uk-bus:FRS102 2023-11-01 2024-10-31 14394866 uk-bus:FilletedAccounts 2023-11-01 2024-10-31 14394866 uk-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31
Renovate Devon Limited
Registered Number:14394866
For the year ended 31 October 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 October 2024
Renovate Devon Limited
Contents Page
1 to 2
Statement of Financial Position
3 to 5
Notes to the Financial Statements
3
Registered Number :
14394866
As at 31 October 2024
Renovate Devon Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
17,200
21,085
2
17,200
21,085
Current assets
Inventories
1,500
2,100
3
Trade and other receivables
6,722
10,975
4
5,163
Cash and cash equivalents
6,056
19,131
13,385
Trade and other payables: amounts falling due within
one year
(29,347)
(20,183)
5
(15,962)
(1,052)
Net current liabilities
Total assets less current liabilities
16,148
5,123
(120)
(167)
Provisions for liabilities
16,028
Net assets
4,956
Capital and reserves
Called up share capital
100
100
Retained earnings
15,928
4,856
16,028
4,956
Shareholders' funds
For the year ended 31 October 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
1 of 5
4
Registered Number :
14394866
For the year ended 31 October 2024
Renovate Devon Limited
Statement of Financial Position Continued
Nicholas Bruce Britton Director
Justin Francis Director
These financial statements were approved and authorised for issue by the Board on 30 April 2025 and were signed by:
The notes form part of these financial statements
2 of 5
5
For the year ended 31 October 2024
Renovate Devon Limited
Notes to the Financial Statements
Statutory Information
Renovate Devon Limited is a private limited company, limited by shares, domiciled in England and
Wales, registration number 14394866.
Principal place of business:
12 Foreland View
Ilfracombe
DEVON
EX34 8BP
Registered address:
10-11 Northfield Road
Ilfracombe
DEVON
EX34 8AL
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of
Financial Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic
of Ireland'' and the Companies Act 2006. The financial statements have been prepared under the
historical costs convention as modified by the revaluation of certain assets.
2. Property, plant and equipment
Total
Motor
Vehicles
Plant and
Machinery
£
£
£
Cost or
valuation
At 01 November 2023
25,302
20,000
5,302
398
-
398
Additions
At 31 October 2024
5,700
20,000
25,700
Provision for depreciation and impairment
At 01 November 2023
4,217
3,334
883
Charge for year
4,283
3,333
950
At 31 October 2024
8,500
6,667
1,833
At 31 October 2024
Net book value
3,867
13,333
17,200
At 31 October 2023
4,419
16,666
21,085
3 of 5
6
For the year ended 31 October 2024
Renovate Devon Limited
Notes to the Financial Statements Continued
3. Inventories
2023
2024
£
£
Stocks
2,100
1,500
Inventories are valued at the lower of cost and selling price less costs to complete and sell. Cost is defined as the actual cost of materials. Provision is made for obsolete and slow-moving items. In respect of work in progress this is the percentage of any sales contract that has been completed within the year but invoiced after the year end and is based on the sales invoice total.
4. Trade and other receivables
2023
2024
£
£
Trade debtors
9,449
6,308
Other debtors
1,526
414
6,722
10,975
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
-
3,132
Taxation and social security
7,865
3,963
Other creditors
12,318
22,252
20,183
29,347
6. Related party transactions
The company's directors Nicholas Bruce Britton and Justin Francis are both share holders, owning 50%
of the share capital each.
At the end of the financial year 31 October 2024 the directors current account balances were both in
credit and were as follows:
Nicolas Bruce Britton £1,633 (£6,985 2023)
Justin Francis £5,958 (£10,517 2023)
7. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
4 of 5
7
For the year ended 31 October 2024
Renovate Devon Limited
Notes to the Financial Statements Continued
5 of 5