REGISTERED NUMBER: OC344788 (England and Wales)

Financial Statements for the Year Ended 31 March 2026

for

Renaissance IFA LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Miss D V Noble-Fox

Renaissance Financial Solutions Limited

REGISTERED OFFICE:

Unit 5.31

Level 5 Windsor House

Cornwall Road

Harrogate

North Yorkshire

HG1 2PW

REGISTERED NUMBER:

OC344788 (England and Wales)

ACCOUNTANTS:

Richard Smedley Limited

Chartered Accountants & Registered Auditors

Richmond House

Lawnswood Business Park

Redvers Close

Leeds

West Yorkshire

LS16 6QY

FIXED ASSETS

Tangible assets

4

59,378

34,073

CURRENT ASSETS

Debtors

5

4,563

4,663

Cash at bank and in hand

99,253

87,111

103,816

91,774

CREDITORS

Amounts falling due within one year

6

2,966

3,242

NET CURRENT ASSETS

100,850

88,532

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

160,228

122,605

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

145,218

107,595

MEMBERS' OTHER INTERESTS

Capital accounts

15,010

15,010

160,228

122,605

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

145,218

107,595

Members' other interests

15,010

15,010

160,228

122,605

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2026.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 22 May 2026 and were signed by:

Miss D V Noble-Fox - Designated member

1.	STATUTORY INFORMATION

Renaissance IFA LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net commissions received for services provided. The commissions are received on a regular basis and are based upon a set percentage of client investments. The advice services are recognised once the advice services have been fully provided to the client.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment- 25% reducing balance

Motor vehicles- 25% reducing balance

Fixtures and fittings- 15% reducing balance

Financial instruments

Basic financial instruments are recognised at amortised costs, except for investments in non - convertable preference and non puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

3,241

55,050

10,620

68,911

Additions

-

68,497

-

68,497

Disposals

-

(55,050

)

-

(55,050

)

At 31 March 2026

3,241

68,497

10,620

82,358

DEPRECIATION

At 1 April 2025

2,462

24,084

8,292

34,838

Charge for year

117

13,997

693

14,807

Eliminated on disposal

-

(26,665

)

-

(26,665

)

At 31 March 2026

2,579

11,416

8,985

22,980

NET BOOK VALUE

At 31 March 2026

662

57,081

1,635

59,378

At 31 March 2025

779

30,966

2,328

34,073

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Other debtors

4,563

4,663

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade creditors

95

1

Taxation and social security

471

435

Other creditors

2,400

2,806

2,966

3,242

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.26

31.3.25

£

£

Within one year

16,416

21,204

Between one and five years

-

16,416

16,416

37,620

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Amounts due to members will be paid only on the dissolution of the LLP.