RENT GUARANTEED ESTATE AGENT LIMITED

RENT GUARANTEED ESTATE AGENT LIMITED

Statement of Financial Position

As at 31 July 2025

	£	2025 £	£	2024 £
Fixed assets		104,517		108,507
Current assets	5,467		3,562
Creditors: amount falling due within one year	(10,951)		(14,102)
Net current assets		(5,484)		(10,540)
Total assets less current liabilities		99,033		97,967
Creditors: amount falling due after more than one year		(110,217)		(111,365)
Accrued liabilities		(715)		(431)
Net assets		(11,899)		(13,829)


Capital and reserves		(11,899)		(13,829)

For the year ended 31 July 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 of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Signed on behalf of the board of directors:

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Solomon Adesegun Makinde
Director

Date approved: 01 January 2026

RENT GUARANTEED ESTATE AGENT LIMITED

Notes to the Accounts

For the year ended 31 July 2025

Statutory Information

RENT GUARANTEED ESTATE AGENT LIMITED is a private limited company, limited by shares, domiciled in England and Wales, registration number 12715555, registration address 13 Philippa Gardens, Eltham, London, London, SE9 6AP, England.

The presentation currency is £ sterling.

Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor Vehicles

20% Reducing Balance

Tangible fixed assets

Cost or Valuation	Freehold property	Motor Vehicles	Total
	£	£	£
At 01 August 2024	88,558	31,170	119,728
Additions	-	-	-
At 31 July 2025	88,558	31,170	119,728
Depreciation
At 01 August 2024	-	11,221	11,221
Charge for year	-	3,990	3,990
At 31 July 2025	-	15,211	15,211
Net book values
Closing balance as at 31 July 2025	88,558	15,959	104,517
Opening balance as at 01 August 2024	88,558	19,949	108,507

3.	Average number of employees Average number of employees during the year was 1 (2024: 1).