Renew Capital Ltd - Filleted accounts

Renew Capital Ltd
Registered number:		13029936
Statement of Financial Position
as at 30 November 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		147			3,883
Financial assets			-			1,649
			147			5,532

Current assets
Debtors	5	46,633			40,015
Cash at bank and in hand		18,900			29,155
		65,533			69,170

Creditors: amounts falling due within one year	6	(53,816)			(26,071)

Net current assets			11,717			43,099

Net assets			11,864			48,631

Capital and reserves
Called up share capital			100			100
Profit and loss account			11,764			48,531

Shareholders' funds			11,864			48,631

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




T Goldblatt
Director
Approved by the board on 14 August 2026

Renew Capital Ltd
Notes to the Accounts
for the year ended 30 November 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			20% straight line

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Changes in fair value/Impairment losses are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

2	Exceptional items					2025		2024
£							£

	Value adjustments on fixed assets and current asset investments					1,649		-
						1,649		-


3	Employees and directors					2025		2024
Number							Number

	Average number of directors and persons employed by the company					4		4

4	Tangible fixed assets
								Plant and machinery etc
£
	Cost
	At 1 December 2024							19,412
	Additions							183
	At 30 November 2025							19,595

	Depreciation
	At 1 December 2024							15,529
	Charge for the year							3,919
	At 30 November 2025							19,448

	Net book value
	At 30 November 2025							147
	At 30 November 2024							3,883


5	Debtors					2025		2024
£							£

	Trade debtors					-		868
	Prepayments					-		1,750
	Other debtors					46,633		37,397
						46,633		40,015


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					958		224
	Accruals					1,435		1,370
	Corporation tax					44,043		14,555
	Other taxes and social security costs					7,274		7,211
	Other creditors					106		2,711
						53,816		26,071


7	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	T Goldblatt
	Repayable on demand	36,889		425		-		37,314

		36,889		425		-		37,314


8	Other information

	Renew Capital Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	28 Harman Drive
	London
	NW2 2ED