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Company Registration No. 06657664 (England and Wales)
REN-IT LIMITED Unaudited accounts for the year ended 14 August 2024
REN-IT LIMITED Unaudited accounts Contents
Page
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REN-IT LIMITED Company Information for the year ended 14 August 2024
Director
J Paull
Secretary
Mrs R J Paull
Company Number
06657664 (England and Wales)
Registered Office
77 Argyle Road West Ealing London W13 0LZ
Accountants
Kumaran & Co 16 The Fairway Northolt Middlesex UB5 4SL
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REN-IT LIMITED Accountants' report
Accountants' report to the director of REN-IT LIMITED on the preparation of the unaudited statutory accounts for the year ended 14 August 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of REN-IT LIMITED for the year ended 14 August 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of REN-IT LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of REN-IT LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than REN-IT LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that REN-IT LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of REN-IT LIMITED. You consider that REN-IT LIMITED 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 accounts of REN-IT LIMITED. 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 accounts.
Kumaran & Co 16 The Fairway Northolt Middlesex UB5 4SL 9 May 2025
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REN-IT LIMITED Statement of financial position as at 14 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
175,947 
175,947 
Tangible assets
46,079 
60,539 
222,026 
236,486 
Current assets
Inventories
462,500 
364,000 
Cash at bank and in hand
91,423 
2,305 
553,923 
366,305 
Creditors: amounts falling due within one year
(350,755)
(223,161)
Net current assets
203,168 
143,144 
Total assets less current liabilities
425,194 
379,630 
Provisions for liabilities
Deferred tax
(9,064)
(9,399)
Net assets
416,130 
370,231 
Capital and reserves
Called up share capital
132,770 
132,770 
Profit and loss account
283,360 
237,461 
Shareholders' funds
416,130 
370,231 
For the year ending 14 August 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 May 2025 and were signed on its behalf by
J Paull Director Company Registration No. 06657664
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REN-IT LIMITED Notes to the Accounts for the year ended 14 August 2024
1
Statutory information
REN-IT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06657664. The registered office is 77 Argyle Road, West Ealing, London, W13 0LZ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Depreciation at 25% on reducing balance basis
Motor vehicles
Depreciation at 25% on reducing balance basis
Fixtures & fittings
Depreciation at 25% on reducing balance basis
Computer equipment
Depreciation at 25% on reducing balance basis
Other tangible fixed assets
Depreciation at 25% on reducing balance basis
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost
4
Intangible fixed assets
Other 
£ 
Cost
At 15 August 2023
175,947 
At 14 August 2024
175,947 
Amortisation
At 15 August 2023
- 
At 14 August 2024
- 
Net book value
At 14 August 2024
175,947 
At 14 August 2023
175,947 
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REN-IT LIMITED Notes to the Accounts for the year ended 14 August 2024
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 15 August 2023
- 
60,235 
66,937 
39,539 
166,711 
Additions
- 
- 
900 
- 
900 
At 14 August 2024
- 
60,235 
67,837 
39,539 
167,611 
Depreciation
At 15 August 2023
89,702 
16,470 
- 
- 
106,172 
Charge for the year
4,419 
10,941 
- 
- 
15,360 
At 14 August 2024
94,121 
27,411 
- 
- 
121,532 
Net book value
At 14 August 2024
(94,121)
32,824 
67,837 
39,539 
46,079 
At 14 August 2023
(89,702)
43,765 
66,937 
39,539 
60,539 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
12,636 
9,455 
Taxes and social security
16,134 
16,450 
Loans from directors
320,685 
195,981 
Accruals
1,300 
1,275 
350,755 
223,161 
7
Average number of employees
During the year the average number of employees was 1 (2023: 2).
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