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Company Registration No. 10003395 (England and Wales)
Reniam Limited Unaudited accounts for the year ended 28 February 2025
Reniam Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Reniam Limited Company Information for the year ended 28 February 2025
Director
Mr Hamed Abdallah
Company Number
10003395 (England and Wales)
Registered Office
21 Ellis Street London London SW1X 9AL England
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Reniam Limited Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
3,617 
7,317 
Current assets
Debtors
5
14,146 
4,707 
Cash at bank and in hand
1,943 
89 
16,089 
4,796 
Creditors: amounts falling due within one year
6
(155,637)
(141,007)
Net current liabilities
(139,548)
(136,211)
Net liabilities
(135,931)
(128,894)
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
(135,935)
(128,898)
Shareholders' funds
(135,931)
(128,894)
For the year ending 28 February 2025 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 26 November 2025 and were signed on its behalf by
Mr Hamed Abdallah Director Company Registration No. 10003395
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Reniam Limited Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Reniam Limited is a private company, limited by shares, registered in England and Wales, registration number 10003395. The registered office is 21 Ellis Street, London, London, SW1X 9AL, England.
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.
Going concern
The company incurred a loss before taxation of £7k in 2025. However, this loss was materially impacted by exceptional costs relating to a court case concluded during the year concerning a prior project dispute with a client. During the prior year, the company undertook a building project which incurred £14,549 of costs. A court judgment determined that no revenue was receivable for this contract, and accordingly the £14,000 expected revenue was not recognised. The £3,025 of legal and court related costs shown in the profit and loss account relate to this dispute. The company have recently appointed an additional director whose professional qualifications as a qualified architect and enhanced technical expertise will support business development. The new director will be injecting capital into the company and has already tendered for new projects which are expected to generate revenue and significantly improve the company's financial position going forward. The combination of the enhanced professional qualifications of the management team, the capital injection, and the secured new business opportunities strengthens the company's prospects materially. Based on these factors, the improved underlying trading performance when adjusted for the exceptional court related costs, and the new director's capital injection and active involvement, the financial statements are prepared on the assumption that the entity is a going concern.
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
20% straight line basis
Motor vehicles
15% straight line basis
Computer equipment
20% straight line basis
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Reniam Limited Notes to the Accounts for the year ended 28 February 2025
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2024
1,475 
25,048 
4,202 
30,725 
At 28 February 2025
1,475 
25,048 
4,202 
30,725 
Depreciation
At 1 March 2024
1,475 
17,891 
4,042 
23,408 
Charge for the year
- 
3,578 
122 
3,700 
At 28 February 2025
1,475 
21,469 
4,164 
27,108 
Net book value
At 28 February 2025
- 
3,579 
38 
3,617 
At 29 February 2024
- 
7,157 
160 
7,317 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
14,146 
4,707 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
20,362 
20,362 
VAT
1,964 
(980)
Trade creditors
18,403 
19,830 
Taxes and social security
79 
- 
Other creditors
1,984 
- 
Loans from directors
111,745 
100,695 
Accruals
1,100 
1,100 
155,637 
141,007 
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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