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Registered No. OC353815 (England and Wales)
Renaissance Solicitors Llp Unaudited accounts for the year ended 28 February 2025
Renaissance Solicitors Llp LLP Information for the year ended 28 February 2025
Designated members
Ademola Samuel ADENIYI
Mrs Afshan Ejaz Nawaz
Satish Kumar
Registered Number
OC353815 (England and Wales)
Registered Office
413 Hoe Street Walthamstow London London E17 9AP United Kingdom
Accountants
Artifin Accountants Docklands Business Centre Suite 12/3D, 10-16 Tiller Road, Dockland London E14 8PX
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Renaissance Solicitors Llp Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
3
7,537
10,057
Current assets
Inventories
4
36,500
36,500
Debtors
62,784
62,784
Cash at bank and in hand
151,946
144,105
251,230
243,389
Creditors: amounts falling due within one year
5
(293,272)
(222,459)
Net current (liabilities)/assets
(42,042)
20,930
Total assets less current liabilities
(34,505)
30,987
Creditors: amounts falling due after more than one year
6
(4,088)
(17,620)
Net (liabilities)/assets attributable to members
(38,593)
13,367
Represented by:
Loans and other debts due to members
7
97,977
173,811
Members' other interests
Members' capital classified as equity
(236,635)
(236,635)
Other reserves
100,065
76,191
(136,570)
(160,444)
(38,593)
13,367
Total members' interests
Loans and other debts due to members
97,977
173,811
Members' other interests
(136,570)
(160,444)
(38,593)
13,367
For the year ending 28 February 2025 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 21 April 2026.
Mrs Afshan Ejaz Nawaz Designated member Limited Liability Partnership Registration No. OC353815
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Renaissance Solicitors Llp Notes to the Accounts for the year ended 28 February 2025
1
Accounting policies
Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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.
General Information
Renaissance Solicitors LLP is a limited liability partnership, incorporated in England & Wales, registered number OC353815. The Registered Office is 413 Hoe Street, Walthamstow, London, E17 9AP.
Basis of preparation
The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs). The financial statements are prepared in sterling which is the functional currency of the LLP
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
20% reducing balance
Fixtures & fittings
20% reducing balance
2
Statutory information
Renaissance Solicitors Llp is a limited liability partnership, incorporated in England and Wales, registration number OC353815. Its registered office is 413 Hoe Street, Walthamstow London, London, E17 9AP, United Kingdom.
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Renaissance Solicitors Llp Notes to the Accounts for the year ended 28 February 2025
3
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 March 2024
18,979
3,346
22,325
At 28 February 2025
18,979
3,346
22,325
Depreciation
At 1 March 2024
10,930
1,338
12,268
Charge for the year
2,018
502
2,520
At 28 February 2025
12,948
1,840
14,788
Net book value
At 28 February 2025
6,031
1,506
7,537
At 29 February 2024
8,049
2,008
10,057
4
Inventories
2025
2024
£
£
Work in progress
36,500
36,500
36,500
36,500
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
21,190
19,390
Amounts owed to group undertakings and other participating interests
67,002
-
Taxes and social security costs
62,565
60,517
Other creditors
142,552
142,552
Accruals
(37)
-
293,272
222,459
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
4,088
17,620
7
Loans and other debts due to members
2025
2024
£
£
Amounts due to members in respect of retirement benefits
15,885
-
Amounts due to members in respect of profits
82,092
173,811
97,977
173,811
Amounts falling due within one year
97,977
173,811
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
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Renaissance Solicitors Llp Notes to the Accounts for the year ended 28 February 2025
8
Average number of employees
During the year the average number of employees was 4 (2024: 4).
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