Renstep Limited

	Page
Accountants' Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

Chartered Accountants' report to the directors on the preparation of the unaudited statutory accounts of Renstep Limited for the year ended 30 November 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Renstep Limited for the year ended 30 November 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the directors of Renstep Limited , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Renstep Limited and state those matters that we have agreed to state to the directors of Renstep Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Renstep Limited and its directors, as a body, for our work or for this report.

It is your duty to ensure that Renstep Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Renstep Limited . You consider that Renstep Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the accounts of Renstep Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

28 August 2026

PJE Chartered Accountants

2 Oakfield Road

Clifton

Bristol

BS8 2AL

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Renstep Limited

Balance Sheet

As At 30 November 2025

Balance Sheet

Registered number: 13955250

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		300		300

			300		300
CURRENT ASSETS
Debtors	5	2,144,931		2,136,785

		2,144,931		2,136,785
Creditors: Amounts Falling Due Within One Year	6	(449,261 )		(440,460 )

NET CURRENT ASSETS (LIABILITIES)			1,695,670		1,696,325

TOTAL ASSETS LESS CURRENT LIABILITIES			1,695,970		1,696,625

Creditors: Amounts Falling Due After More Than One Year	7		(1,694,517 )		(1,694,517 )

NET ASSETS			1,453		2,108

CAPITAL AND RESERVES
Called up share capital	8		1,000		1,000
Profit and Loss Account			453		1,108

SHAREHOLDERS' FUNDS			1,453		2,108

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Renstep Limited

Balance Sheet (continued)

As At 30 November 2025

For the year ending 30 November 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

R I Lewis

Director

28 August 2026

The notes on pages 4 to 6 form part of these financial statements.

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Renstep Limited

Notes to the Financial Statements

For The Year Ended 30 November 2025

Notes to the Financial Statements

1. General Information

Renstep Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13955250 . The registered office is 4 Argyle Street, Bath, BA2 4BA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

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.

2.3. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

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Renstep Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: )

4. Investments

	Unlisted
	£
Cost or Valuation
As at 1 December 2024	300

As at 30 November 2025	300

Provision
As at 1 December 2024	-

As at 30 November 2025	-

Net Book Value
As at 30 November 2025	300

As at 1 December 2024	300

5. Debtors

	2025	2024
	£	£
Due within one year
Amounts owed by group undertakings	2,093,283	2,087,987
Due after more than one year
Amounts owed by group undertakings	51,648	48,798

	2,144,931	2,136,785

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Amounts owed to group undertakings	4,791	-
Amounts owed to participating interests	430,014	430,014
Other creditors	-	5,550
Taxation and social security	14,456	4,896

	449,261	440,460

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Renstep Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Amounts owed to group undertakings	1,694,517	1,694,517

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,000	1,000

9. Related Party Transactions

At the year end included within creditors is an amount of £1,694,517 owed to Stepper Point Limited, a shareholder of the company. (2024: £1,694,517)

At the year end included within debtors is an amount of £51,648 owed by Stepper Point Limited, a shareholder of the company. (2024: £48,798)

At the year end included within creditors is an amount of £430,014 (2024: £430,014) owed to Iesis Lettings and Management Limited, an associated company

At the year end included within debtors is an amount of £455,207 owed by Rengen Ambra Vale Limited (2024: £438,047), a subsidiary of the company.

At the year end included within debtors is an amount of £873,071 owed by Rengen Henry Street Limited (2024: £853,870), a subsidiary of the company.

At the year end included within debtors is an amount of £765,006 owed by Rengen Nautica Limited (2024: £770,605), a subsidiary of the company.

At the year end included within creditors is an amount of £4,791 owed by Siena Group Limited, a shareholder of the company (2024: Debtor £25,104)

Rengen Ambra Vale Limited, Rengen Henry Street Limited and Rengen Nautica Limited are wholly owned subsidiaries of Renstep Limited.

10. Ultimate Controlling Party

The company is under the control of the directors by virtue of their interests in the shareholders of Renstep Limited.

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