Company registration number 00296505 (England and Wales)
RENSHAW U.K. LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
PAGES FOR FILING WITH REGISTRAR
RENSHAW U.K. LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Statement of changes in equity
3
Notes to the financial statements
4 - 9
RENSHAW U.K. LIMITED
BALANCE SHEET
AS AT
31 AUGUST 2025
31 August 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
71,397
95,196
Investment properties
4
20,721,628
20,721,628
20,793,025
20,816,824
Current assets
Stocks
5
600,343
600,343
Debtors
6
322,154
75,988
Investments
7
4,805,141
4,070,251
Cash at bank and in hand
923,474
1,252,145
6,651,112
5,998,727
Creditors: amounts falling due within one year
8
(874,850)
(813,891)
Net current assets
5,776,262
5,184,836
Total assets less current liabilities
26,569,287
26,001,660
Provisions for liabilities
(42,945)
(45,434)
Net assets
26,526,342
25,956,226
Capital and reserves
Called up share capital
9
123,462
123,462
Share premium account
10
172,016
172,016
Fair value reserve
11
6,798,427
6,798,427
Capital redemption reserve
3,000
3,000
Profit and loss reserves
19,429,437
18,859,321
Total equity
26,526,342
25,956,226

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

RENSHAW U.K. LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 AUGUST 2025
31 August 2025
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 31 October 2025 and are signed on its behalf by:
Miss C S Macnamara
D W H Bell (Chairman)
Director
Director
Company Registration No. 00296505
RENSHAW U.K. LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 AUGUST 2025
- 3 -
Share capital
Share premium account
Fair value reserve
Capital redemption reserve
Profit and loss reserves
Total
Notes
£
£
£
£
£
£
Balance at 1 September 2023
123,462
172,016
6,798,427
3,000
18,405,551
25,502,456
Period ended 31 August 2024:
Profit and total comprehensive income for the period
-
-
-
-
1,071,081
1,071,081
Dividends
-
-
-
-
(617,311)
(617,311)
Balance at 31 August 2024
123,462
172,016
6,798,427
3,000
18,859,321
25,956,226
Period ended 31 August 2025:
Profit and total comprehensive income for the period
-
-
-
-
1,230,692
1,230,692
Dividends
-
-
-
-
(660,576)
(660,576)
Balance at 31 August 2025
123,462
172,016
6,798,427
3,000
19,429,437
26,526,342
RENSHAW U.K. LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
- 4 -
1
Accounting policies
Company information

Renshaw U.K. Limited is a private company limited by shares incorporated in England and Wales. The registered office is Fieldcroft Farm, Fyfield, Andover, United Kingdom, SP11 8EP.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of investment properties at fair value. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

- the amount of revenue can be measured reliably;

- it is probable that the Company will receive the consideration due under the contract;

-the stage of the completion of the contract at the end of the reporting period can be measured reliably; and

- the costs incurred and the costs to complete the contract can be measured reliably.

Other income

Interest income is recognised when it is probable that the economic benefits will flow to the company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding and the effective interest rate applicable.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Motor vehicles
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Investment property

Investment property is carried at fair value determined annually by either an external valuation or by S B Moore, the company's property director, who is a chartered surveyor and is derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the profit and loss account.

RENSHAW U.K. LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
1
Accounting policies
(Continued)
- 5 -
1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.6
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.7
Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

1.8
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.9
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

RENSHAW U.K. LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
1
Accounting policies
(Continued)
- 6 -
1.10
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.11
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

1.12
Retirement benefits

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in the Statement of comprehensive income when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

1.13

Finance costs

Finance costs are charged to the Profit and loss account over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

1.14

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting. Dividends on shares recognised as liabilities are recognised as expenses and classified within interest payable.

1.15

Provisions of liabilities

Provisions are recognised when the company has a legal or constructive present obligation as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the reporting end date, taking into account the risks and uncertainties surrounding the obligation. Where the effect of the time value of money is material, the amount expected to be required to settle the obligation is recognised at present value. When a provision i s measured at present value, the unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

RENSHAW U.K. LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 7 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
8
8
3
Tangible fixed assets
Motor vehicles
£
Cost
At 1 September 2024 and 31 August 2025
138,943
Depreciation and impairment
At 1 September 2024
43,747
Depreciation charged in the year
23,799
At 31 August 2025
67,546
Carrying amount
At 31 August 2025
71,397
At 31 August 2024
95,196
4
Investment property
2025
£
Fair value
At 1 September 2024 and 31 August 2025
20,721,628

The 2025 valuations were made by S B Moore, on an open market value for existing use basis for all sites.

If investment properties were stated on a historical cost basis rather than a fair value basis, the amounts would have been, cost £13,922,986 (2024 - £13,922,986), accumulated depreciaiton £nil (2024- £nil), carrying amount £13,922,986 (2024 - £13,922,986).

5
Stocks
2025
2024
£
£
Property held for resale
600,343
600,343
RENSHAW U.K. LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 8 -
6
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
65,095
41,137
Other debtors
257,059
34,851
322,154
75,988
7
Current asset investments
2025
2024
£
£
Other investments
4,805,141
4,070,251
8
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
40,641
41,475
Corporation tax
419,049
323,697
Other taxation and social security
84,663
114,675
Other creditors
330,497
334,044
874,850
813,891
9
Called up share capital
2025
2024
£
£
Ordinary share capital
Authorised
150,000 Ordinary shares of £1 each
150,000
150,000
Issued and fully paid
123,462 Ordinary shares of £1 each
123,462
123,462
10
Share premium account

Includes any premiums received on issue of share capital. This reserve is non-distributable.

RENSHAW U.K. LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 9 -
11
Fair value reserve

Includes all changes in the fair value of investment property less deferred tax where applicable. This reserve is non-distributable.

12
Profit and loss account

Includes all current and prior period retained profits and losses.

13
Pension commitments

The company pays premiums into Personal Pension Plans for two of the directors' and some employees. The assets of the schemes are held separately from those of the company in independently administered funds. The pension charge represents contributions due from the company and amounted to £64,834 (2024 - £73,403).

For many years the company did not pay premiums to pension schemes for employees. One retired employee passed away during the year to 31 December 2016. The company was committed to paying an annual pension to them. This income is now being paid to his surviving spouse at a rate of two thirds. The total amount payable during the year was £6,000 (2024 - £6,000). A further employee retired on 31 October 2020 and the company commenced paying a pension to them. The total amount payable during the year was £20,000 (2024 - £20,000). No provision has been made for these liabilities.

In addition, at a board meeting on 6 November 1991, it was resolved to provide funds in future years for a pension for the director, T H Macnamara O.B.E., of not less than two thirds of his final salary on his retiring from the board for any reason or becoming a non-executive director. T H Macnamara passed away during 2015 so this income is now being paid to his surviving spouse and is payable throughout her entire life. The amount payable during the year was £40,000 (2024 - £40,000). No provision has been made for future amounts payable.

14
Controlling party

There is no controlling party.

2025-08-31 2024-09-01 false false false 04 November 2025 CCH Software CCH Accounts Production 2025.300 No description of principal activity Miss C S Macnamara Mrs S C Norman Miss L K Macnamara D W H Bell (Chairman)S B Moore Ms J Smeeton Mrs S K Muddiman Mrs R H Outhwaite 00296505 2024-09-01 2025-08-31 00296505 2025-08-31 00296505 2024-08-31 00296505 core:MotorVehicles 2025-08-31 00296505 core:MotorVehicles 2024-08-31 00296505 core:CurrentFinancialInstruments core:WithinOneYear 2025-08-31 00296505 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 00296505 core:CurrentFinancialInstruments 2025-08-31 00296505 core:CurrentFinancialInstruments 2024-08-31 00296505 core:ShareCapital 2025-08-31 00296505 core:ShareCapital 2024-08-31 00296505 core:SharePremium 2025-08-31 00296505 core:SharePremium 2024-08-31 00296505 core:RevaluationReserve 2025-08-31 00296505 core:RevaluationReserve 2024-08-31 00296505 core:CapitalRedemptionReserve 2025-08-31 00296505 core:CapitalRedemptionReserve 2024-08-31 00296505 core:RetainedEarningsAccumulatedLosses 2025-08-31 00296505 core:RetainedEarningsAccumulatedLosses 2024-08-31 00296505 core:ShareCapital 2023-08-31 00296505 core:SharePremium 2023-08-31 00296505 core:RevaluationReserve 2023-08-31 00296505 2023-08-31 00296505 core:ShareCapitalOrdinaryShareClass1 2025-08-31 00296505 core:ShareCapitalOrdinaryShareClass1 2024-08-31 00296505 bus:Director1 2024-09-01 2025-08-31 00296505 bus:Director4 2024-09-01 2025-08-31 00296505 core:RetainedEarningsAccumulatedLosses 2023-09-01 2024-08-31 00296505 2023-09-01 2024-08-31 00296505 core:RetainedEarningsAccumulatedLosses 2024-09-01 2025-08-31 00296505 core:MotorVehicles 2024-09-01 2025-08-31 00296505 core:MotorVehicles 2024-08-31 00296505 2024-08-31 00296505 bus:OrdinaryShareClass1 2025-08-31 00296505 bus:OrdinaryShareClass1 2024-09-01 2025-08-31 00296505 bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 00296505 bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 00296505 bus:FRS102 2024-09-01 2025-08-31 00296505 bus:AuditExemptWithAccountantsReport 2024-09-01 2025-08-31 00296505 bus:Director2 2024-09-01 2025-08-31 00296505 bus:Director3 2024-09-01 2025-08-31 00296505 bus:Director5 2024-09-01 2025-08-31 00296505 bus:Director6 2024-09-01 2025-08-31 00296505 bus:Director7 2024-09-01 2025-08-31 00296505 bus:Director8 2024-09-01 2025-08-31 00296505 bus:FullAccounts 2024-09-01 2025-08-31 xbrli:pure xbrli:shares iso4217:GBP