| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31st July 2025 |
| for |
| RNE Capital Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31st July 2025 |
| for |
| RNE Capital Limited |
| RNE Capital Limited (Registered number: 14985099) |
| Contents of the Financial Statements |
| for the Year Ended 31st July 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| RNE Capital Limited |
| Company Information |
| for the Year Ended 31st July 2025 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 34 - 35 Clarges Street |
| Mayfair |
| London |
| W1J 7EJ |
| RNE Capital Limited (Registered number: 14985099) |
| Balance Sheet |
| 31st July 2025 |
| 31/7/25 | 31/7/24 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| Investment property | 6 |
| CURRENT ASSETS |
| Debtors | 7 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 8 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 9 | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| ACCRUALS AND DEFERRED INCOME | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| 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. |
| RNE Capital Limited (Registered number: 14985099) |
| Balance Sheet - continued |
| 31st July 2025 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| RNE Capital Limited (Registered number: 14985099) |
| Notes to the Financial Statements |
| for the Year Ended 31st July 2025 |
| 1. | STATUTORY INFORMATION |
| RNE Capital Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Tangible fixed assets |
| Computer equipment | - |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
| 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. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
| RNE Capital Limited (Registered number: 14985099) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st July 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| Financial instruments |
| The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and investments in non derivative financial instruments. |
| Debt instruments (other than those wholly repayable or receivable within one year), including loans and account receivables and payables, are initially measured at the transaction price (adjusted for transaction cost) and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangement constitutes a financing transaction, such as a trade debtor or creditor on extended credit terms, initial measurement is at the present value of future cash flows discounted at a market rate of interest. Subsequent measurement is at amortised cost. |
| Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If such evidence is identified, an impairment loss is recognised in the income statement. |
| For financial assets measured at amortised cost, the impairment loss is measured as the difference between carrying amount and the present value of estimated cash flows discounted at the original effective interest rate. If the financial instrument has a variable interest rate the currently effective rate under the contract is used. |
| For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset’s carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the company would receive for the asset if it were to be sold at the reporting date. |
| Financial assets and liabilities are offset, and the net amount reported in the statement of financial position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. At present, the company has not offset any items. |
| Fixed asset investments |
| Publicly traded fixed asset investments are initially measured at cost and subsequently measured at fair value with changes in fair value recognised in the income statement. |
| All other fixed asset investments are measured at cost less impairment, with any impairment loss measured in the income statement. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Computer |
| equipment |
| £ |
| COST |
| At 1st August 2024 |
| Additions |
| At 31st July 2025 |
| DEPRECIATION |
| At 1st August 2024 |
| Charge for year |
| At 31st July 2025 |
| NET BOOK VALUE |
| At 31st July 2025 |
| At 31st July 2024 |
| RNE Capital Limited (Registered number: 14985099) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st July 2025 |
| 5. | FIXED ASSET INVESTMENTS |
| Listed | Unlisted |
| investments | investments | Totals |
| £ | £ | £ |
| COST OR VALUATION |
| At 1st August 2024 | 2,833,277 |
| Additions | 2,906,104 |
| Disposals | ( |
) | (3,327,969 | ) |
| Revaluations | ( |
) | (138,054 | ) |
| At 31st July 2025 | 2,273,358 |
| NET BOOK VALUE |
| At 31st July 2025 | 2,273,358 |
| At 31st July 2024 | 2,833,277 |
| Cost or valuation at 31st July 2025 is represented by: |
| Listed | Unlisted |
| investments | investments | Totals |
| £ | £ | £ |
| Valuation in 2025 | 2,018,853 | - | 2,018,853 |
| Cost | - | 254,505 | 254,505 |
| 2,018,853 | 254,505 | 2,273,358 |
| 6. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| Additions |
| At 31st July 2025 |
| NET BOOK VALUE |
| At 31st July 2025 |
| 7. | DEBTORS |
| 31/7/25 | 31/7/24 |
| £ | £ |
| Amounts falling due within one year: |
| Other debtors |
| Prepaid property costs | - | 929,785 |
| Directors' current accounts | 2,263 | - |
| Prepayments |
| Accrued interest |
| Amounts falling due after more than one year: |
| Deferred tax asset | 50,592 | - |
| Aggregate amounts |
| RNE Capital Limited (Registered number: 14985099) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st July 2025 |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/7/25 | 31/7/24 |
| £ | £ |
| Trade creditors |
| Tax |
| Other creditors |
| Directors' current accounts | - | 362 |
| 9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31/7/25 | 31/7/24 |
| £ | £ |
| Directors' loan accounts | 3,603,536 | 3,633,536 |
| 10. | CAPITAL COMMITMENTS |
| 31/7/25 | 31/7/24 |
| £ | £ |
| Contracted but not provided for in the |
| financial statements |
| 11. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the year ended 31st July 2025 and the period ended 31st July 2024: |
| 31/7/25 | 31/7/24 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year |
| This loan does not bear interest and is repayable on demand. |