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Company Registration No. 15726980 (England and Wales)
Renaissance Cars Ltd Unaudited accounts for the year ended 31 May 2025
Renaissance Cars Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Renaissance Cars Ltd Company Information for the year ended 31 May 2025
Director
ALI MAHDI GHAZAL
Company Number
15726980 (England and Wales)
Registered Office
Unit 4 Shakespeare Industrial Estate Shakespeare Street Watford WD24 5RR England
Accountants
SAMI & CO ACCOUNTANTS 48 BILTON ROAD PERIVALE MIDDLESEX UB6 7DH
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Renaissance Cars Ltd Statement of financial position as at 31 May 2025
2025
Notes
£
Fixed assets
Tangible assets
4
560
Current assets
Cash at bank and in hand
3,395
Creditors: amounts falling due within one year
5
(6,413)
Net current liabilities
(3,018)
Net liabilities
(2,458)
Capital and reserves
Called up share capital
100
Profit and loss account
(2,558)
Shareholders' funds
(2,458)
For the year ending 31 May 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 6 February 2026 and were signed on its behalf by
ALI MAHDI GHAZAL Director Company Registration No. 15726980
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Renaissance Cars Ltd Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Renaissance Cars Ltd is a private company, limited by shares, registered in England and Wales, registration number 15726980. The registered office is Unit 4 Shakespeare Industrial Estate, Shakespeare Street, Watford, WD24 5RR, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Computer equipment
30% Reducing balance
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 June 2024
-
Additions
800
At 31 May 2025
800
Depreciation
Charge for the year
240
At 31 May 2025
240
Net book value
At 31 May 2025
560
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Renaissance Cars Ltd Notes to the Accounts for the year ended 31 May 2025
5
Creditors: amounts falling due within one year
2025
£
Trade creditors
500
Loans from directors
5,913
6,413
6
Average number of employees
During the year the average number of employees was 0.
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