Company Registration No. 12470713 (England and Wales)
Renown Property Investments Limited
Unaudited accounts
for the year ended 31 December 2025
Renown Property Investments Limited
Unaudited accounts
Contents
Renown Property Investments Limited
Company Information
for the year ended 31 December 2025
Director
Sean Hendrick Zimdahl
Company Number
12470713 (England and Wales)
Registered Office
12 Grasvenor Avenue
Barnet,
Hertfordshire
EN52BZ
United Kingdom
Accountants
Lambrias & Co. Chartered Certified Accountants
12 Grasvenor Avenue
Barnet
Hertfordshire
EN52BZ
Renown Property Investments Limited
Statement of financial position
as at 31 December 2025
Investment property
7,033,479
7,033,480
Cash at bank and in hand
83,450
152,558
Creditors: amounts falling due within one year
(5,824,332)
(6,108,054)
Net current liabilities
(5,716,884)
(5,954,296)
Total assets less current liabilities
1,317,494
1,079,184
Provisions for liabilities
Deferred tax
(108,749)
(68,212)
Net assets
1,208,745
1,010,972
Called up share capital
100
100
Profit and loss account
1,208,645
1,010,872
Shareholders' funds
1,208,745
1,010,972
For the year ending 31 December 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 14 August 2026 and were signed on its behalf by
Sean Hendrick Zimdahl
Director
Company Registration No. 12470713
Renown Property Investments Limited
Notes to the Accounts
for the year ended 31 December 2025
Renown Property Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 12470713. The registered office is 12 Grasvenor Avenue, Barnet,, Hertfordshire, EN52BZ, United Kingdom.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
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:
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
These financial statements have been prepared in accordance with Financial Reporting Standard I 02 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section I A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Significant judgements and estimates
Preparation of the financial statements requires management to make significant judgements and estimates and these estimates and underlying assumptions are reviewed on an ongoing basis.
The items in the financial statements where these judgements and estimates have been made are as follows:
Note 4 Investment Property
Investment Property is shown within the financial statements at 'fair value'. Fair value is measured each year by the company director and periodically by a first of suitably qualified chartered surveyors. Evidence obtained from the third parties to support the conclusion that these valuations meet the requirements of FRS102 Section 1A and are 'true and fair'.
Turnover comprises the value of property rents receivable under operating leases, and shorthold tenancy agreements, which are credited to the profit and loss account as they fall due.
Renown Property Investments Limited
Notes to the Accounts
for the year ended 31 December 2025
Investment properties comprise freehold and 'long' leasehold properties, and are held by the company so as to both earn rental income and for capital appreciation.
Investment properties are initially measured at cost including the capitalised cost of properties acquired together with capitalised development costs to enable the property to be condition to derive income.
Investment properties are subsequently measured at fair value, with changes in the fair value under the fair value being recognised each year in the income statement. These properties are shown in the financial statements at most recent valuation.
Deferred taxation is provided on such surplus or deficit at the rate expected to apply when the properties are sold.
The investment properties are valued annually by the director at 'open market' value, and if deemed necessary, using the services of a suitable qualified firm of chartered surveyors.
The fair value profits on investment property is not a realised profit available for distribution.
Deferred balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date,.
The recognition of deferred tax assets is limited 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 income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments.
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans and other debtors receivable are measured at fair value, net of transaction costs less any impairment.
Creditors
Short term trade creditors and other current creditors payable on demand are measured at the transaction price. Other financial liabilities are measured at fair value, net of transaction costs.
Renown Property Investments Limited
Notes to the Accounts
for the year ended 31 December 2025
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Tangible fixed assets
Computer equipment
Fair value at 1 January 2025
7,033,480
Net gain from fair value adjustments
153,168
At 31 December 2025
7,033,479
Investment Properties have been measured at "fair value" by the company director.
Investment properties held at 31.12.2025 increased in value by £153,168 over the year, (31.12.2024 increased in value by 150,225).
Additions represent the cost properties acquired as well as improvements done to existing properties during the year.
Amounts falling due within one year
Amounts falling due after more than one year
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Creditors: amounts falling due within one year
2025
2024
Trade creditors
10,500
10,471
Amounts owed to group undertakings and other participating interests
16,900
104,900
Taxes and social security
69,672
42,829
Loans from directors
5,727,260
5,927,594
Renown Property Investments Limited
Notes to the Accounts
for the year ended 31 December 2025
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Transactions with related parties
Within Creditors, amounts falling due within one year at amounts owed to the company director and ultimate controlling party of £5,727,260 (31.12.2024 - £5,927,594 and an amount owed to the immediate parent, Renown Capital Limited of £16,900 (31.12.2024 - £104,900).
Both Loans are unsecured, interest free and were used to provide funding to enable the company to acquire its investment property and also provide initial working capital at inception of the company's business.
Whilst these balances are repayable on demand, the company will always ensure it meets all its financial obligations as they become due before this is considered.
For the current year, the immediate and ultimate parent undertaking of the company is Renown Capital Limited, a company incorporated in England and Wales. The ultimate controlling party is Sean Hendrick Zimdahl.
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Average number of employees
During the year the average number of employees was 1 (2024: 1).