Registration number:
Render Investments Limited
for the Year Ended 30 June 2025
Render Investments Limited
Contents
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
Render Investments Limited
(Registration number: 12031842)
Balance Sheet as at 30 June 2025
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2025 |
2024 |
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Fixed assets |
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Investment property |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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( |
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Net current liabilities |
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( |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
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( |
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Net liabilities |
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Capital and reserves |
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Called up share capital |
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Retained earnings |
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Shareholders' deficit |
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Render Investments Limited
(Registration number: 12031842)
Balance Sheet as at 30 June 2025
For the financial year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
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Render Investments Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
UK
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Going concern
The financial statements have been prepared on a going concern basis. The company meets its day to day working capital requirements through funds provided by the directors. The directors consider that these facilities will continue to be made available to the company. On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments which would result if the going concern basis were not appropriate.
Judgements
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. |
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods. |
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable from rental income. Turnover is
shown net of rebates and discounts.
The company recognises revenue when invoices are raised.
Render Investments Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025
Tax
Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Investment property
No depreciation is provided on the investment properties which is a departure from the requirements of the
Companies Act 2006. In the opinion of the directors these properties are held primarily for their investment
potential and so their current value is of more significance than any measure of consumption and to
depreciate them would not give a true and fair view. The provisions of the FRS102 in respect of investment
properties have therefore been adopted in order to give a true and fair view. If this departure from the act had
not been made, the profit/loss for the year would have been reduced by depreciation.
However, the amount of depreciation cannot reasonably be quantified and the amount which might otherwise
have been shown cannot be separately identified or quantified.
Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
Render Investments Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025
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Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
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Investment properties |
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2025 |
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At 1 July |
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Acquired through business combinations |
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At 30 June |
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The investment property valuations reflect the general conditions of the properties in their present state.
There has been no valuation of investment property by an independent valuer.
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Debtors |
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Current |
2025 |
2024 |
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Prepayments |
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Render Investments Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025
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Creditors |
Creditors: amounts falling due within one year
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Note |
2025 |
2024 |
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Due within one year |
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Loans and borrowings |
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Accruals and deferred income |
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Other creditors |
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Current loans and borrowings
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2025 |
2024 |
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Bank borrowings |
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Creditors: amounts falling due after more than one year
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Note |
2025 |
2024 |
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Due after one year |
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Loans and borrowings |
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Loans and borrowings |
Non-current loans and borrowings
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2025 |
2024 |
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Bank borrowings |
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Current loans and borrowings
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2025 |
2024 |
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Bank borrowings |
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Bank borrowings
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The carrying amount at year end is £ The liabilities at the date of the balance sheet are secured by the assets held. |