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Company Registration No. 13567344 (England and Wales)
Renewvate Ltd Unaudited accounts for the year ended 31 August 2025
Renewvate Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Renewvate Ltd Company Information for the year ended 31 August 2025
Director
Oang Long Tran
Company Number
13567344 (England and Wales)
Registered Office
63-66 Hatton Garden London EC1N 8LE
Accountants
Beckett Taylor Limited 63-66 Hatton Garden London EC1N 8LE
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Renewvate Ltd Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
3,814
4,487
Current assets
Cash at bank and in hand
(6)
1,820
Creditors: amounts falling due within one year
5
(84,888)
(59,954)
Net current liabilities
(84,894)
(58,134)
Net liabilities
(81,080)
(53,647)
Capital and reserves
Called up share capital
1
1
Profit and loss account
(81,081)
(53,648)
Shareholders' funds
(81,080)
(53,647)
For the year ending 31 August 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 her 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 20 November 2025 and were signed on its behalf by
Oang Long Tran Director Company Registration No. 13567344
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Renewvate Ltd Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Renewvate Ltd is a private company, limited by shares, registered in England and Wales, registration number 13567344. The registered office is 63-66 Hatton Garden, London, EC1N 8LE.
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.
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
15% Reducing Balance
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 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.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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Renewvate Ltd Notes to the Accounts for the year ended 31 August 2025
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 September 2024
7,215
At 31 August 2025
7,215
Depreciation
At 1 September 2024
2,728
Charge for the year
673
At 31 August 2025
3,401
Net book value
At 31 August 2025
3,814
At 31 August 2024
4,487
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
-
802
VAT
2,557
24
Taxes and social security
-
109
Other creditors
3,062
2,715
Loans from directors
79,269
56,304
84,888
59,954
6
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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