REGISTERED NUMBER: 03707009 (England and Wales)

ULTIMATE RENAISSANCE LIMITED

AUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1ST JANUARY 2025 TO 31ST MARCH 2026

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

to

6

DIRECTORS:

Mr X Gaillard

Mr D J Phillipson

REGISTERED OFFICE:

23 Watermoor Point

Watermoor Road

CIRENCESTER

Gloucestershire

GL7 1LF

REGISTERED NUMBER:

03707009 (England and Wales)

AUDITORS:

Morris Owen

Statutory Auditors

43-45 Devizes Road

SWINDON

Wiltshire

SN1 4BG

BANKERS:

Barclays Bank PLC

27-28 Regent Street

Swindon

SN1 1QB

SOLICITORS:

Thrings LLP

6 Drakes Meadow

Penny Lane

Swindon

Wiltshire

SN3 3LL

FIXED ASSETS

Tangible assets

4

4,437

8,645

CURRENT ASSETS

Stocks

15,147

211,190

Debtors

5

110,651

762,186

Cash at bank

454,299

576,634

580,097

1,550,010

CREDITORS

Amounts falling due within one year

6

41,902

537,789

NET CURRENT ASSETS

538,195

1,012,221

TOTAL ASSETS LESS CURRENT LIABILITIES

542,632

1,020,866

CAPITAL AND RESERVES

Called up share capital

9

100,000

100,000

Retained earnings

442,632

920,866

SHAREHOLDERS' FUNDS

542,632

1,020,866

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3rd July 2026 and were signed on its behalf by:

Mr D J Phillipson - Director

1.	STATUTORY INFORMATION

Ultimate Renaissance Ltd is a private company limited by shares and incorporated in England and Wales.

The registered office address is 23 Watermoor Point Watermoor Road, Cirencester, England, GL7 1LF.

These financial statements are presented in British Pounds (GBP) rounded to the nearest pound, which is the company's functional and presentational currency.

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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates

In preparing these financial statements, the directors have made the following judgements:

- Determine whether leases entered into by the company as a lessee are operating leases or finance leases. These decisions depend on an assessment of whether the risks and rewards of ownership have been transferred from the lessor to the lessee on a lease by lease basis.

- Determine the period of useful economic life and any residual value of all tangible fixed assets order to write off the value of each asset over that period.

- Determine an appropriate provision for bad and doubtful debts by assessing the recoverability of all balances on a balance by balance basis.

- Determine an appropriate provision for obsolete and slow moving stocks by assessing the net realisable value of all stock lines on a line by line basis.

- Determine an appropriate provision for dilapidations by assessing the probable future obligations expected to exist at the end of the property lease.

Turnover

Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue from the sale of goods is recognised when the risks and rewards of ownership of the goods have passed to the buyer, wholly on dispatch of the goods.

Tangible fixed assets

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

Equipment

-

25% on cost

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Short term creditors are measured at transaction price, less any impairment. Other financial liabilities, including loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Computer

Equipment

equipment

Totals

£

£

£

COST

At 1st January 2025

18,301

22,272

40,573

Additions

-

4,027

4,027

At 31st March 2026

18,301

26,299

44,600

DEPRECIATION

At 1st January 2025

14,863

17,065

31,928

Charge for period

2,906

5,329

8,235

At 31st March 2026

17,769

22,394

40,163

NET BOOK VALUE

At 31st March 2026

532

3,905

4,437

At 31st December 2024

3,438

5,207

8,645

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2024

£

£

Trade debtors

10,100

725,018

Amounts owed by group undertakings

68,541

-

Other debtors

3,990

3,990

Invoice financing

22

7,536

VAT

3,606

-

Deferred tax asset

-

3,769

Prepayments and accrued income

24,392

21,873

110,651

762,186

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2024

£

£

Trade creditors

10,225

275,159

Corporation tax

-

86,487

Social security and other taxes

7,271

10,337

VAT

-

95,885

Accruals and deferred income

24,406

69,921

41,902

537,789

7.	LEASING AGREEMENTS

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

2026

2024

£

£

Within one year

52,817

51,992

Between one and five years

-

2,018

52,817

54,010

8.	DEFERRED TAX

£

Balance at 1st January 2025

(3,769

)

Charge to Statement of Income and Retained Earnings during period

3,769

Balance at 31st March 2026

-

The deferred tax asset relates to fixed asset timing differences and losses for the year.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2024

value:

£

£

100,000

Ordinary

£1

100,000

100,000

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Jenna Lauren Probets (Senior Statutory Auditor)

for and on behalf of Morris Owen

11.	RELATED PARTY DISCLOSURES

The company has taken advantage of the exemption under FRS 102 from disclosing transactions with related parties that are wholly owned by the Milexia Group.

12.	ULTIMATE CONTROLLING PARTY

The ultimate parent company is Milexia Group SAS, a company incorporated in France. Copies of the financial statements are available at the registered address of Milexia Group SAS, Immeuble Le Mercury, Espace Technolog, Route De L’orme Des Merisiers, 91190 Saint-Aubin.