Acorah Software Products - Accounts Production 19.4.351 false true 31 July 2024 1 August 2023 false 1 August 2024 29 July 2025 29 July 2025 08516220 Mr Robert Lewis Mr David Steadman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08516220 2024-07-31 08516220 2025-07-29 08516220 2024-08-01 2025-07-29 08516220 frs-core:CurrentFinancialInstruments 2025-07-29 08516220 frs-core:Non-currentFinancialInstruments 2025-07-29 08516220 frs-core:FurnitureFittings 2025-07-29 08516220 frs-core:FurnitureFittings 2024-08-01 2025-07-29 08516220 frs-core:FurnitureFittings 2024-07-31 08516220 frs-core:ShareCapital 2025-07-29 08516220 frs-core:RetainedEarningsAccumulatedLosses 2025-07-29 08516220 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-29 08516220 frs-bus:FilletedAccounts 2024-08-01 2025-07-29 08516220 frs-bus:SmallEntities 2024-08-01 2025-07-29 08516220 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-29 08516220 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-29 08516220 frs-bus:Director1 2024-08-01 2025-07-29 08516220 frs-bus:Director2 2024-08-01 2025-07-29 08516220 frs-countries:EnglandWales 2024-08-01 2025-07-29 08516220 2023-07-31 08516220 2024-07-31 08516220 2023-08-01 2024-07-31 08516220 frs-core:CurrentFinancialInstruments 2024-07-31 08516220 frs-core:Non-currentFinancialInstruments 2024-07-31 08516220 frs-core:ShareCapital 2024-07-31 08516220 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: 08516220
Rengen House Limited
Unaudited Financial Statements
For The Year Ended 29 July 2025
5 Rivers Accountancy Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08516220
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 11 1,215
Investment Properties 5 5,051,131 5,076,290
5,051,142 5,077,505
CURRENT ASSETS
Debtors 6 477,584 379,551
Cash at bank and in hand 1,392 413
478,976 379,964
Creditors: Amounts Falling Due Within One Year 7 (1,916,802 ) (1,879,678 )
NET CURRENT ASSETS (LIABILITIES) (1,437,826 ) (1,499,714 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,613,316 3,577,791
Creditors: Amounts Falling Due After More Than One Year 8 (2,588,124 ) (2,613,452 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (303,179 ) (309,469 )
NET ASSETS 722,013 654,870
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 721,913 654,770
SHAREHOLDERS' FUNDS 722,013 654,870
Page 1
Page 2
For the year ending 29 July 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
Mr David Steadman
Director
23/09/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Rengen House Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08516220 . The registered office is 4 Argyle Street, Bath, England, 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.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 33% on cost
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
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Page 4
4. Tangible Assets
Fixtures & Fittings
£
Cost or Valuation
As at 1 August 2024 113,108
As at 29 July 2025 113,108
Depreciation
As at 1 August 2024 111,893
Provided during the period 1,204
As at 29 July 2025 113,097
Net Book Value
As at 29 July 2025 11
As at 1 August 2024 1,215
5. Investment Property
2025
£
Fair Value
As at 1 August 2024 5,076,290
Additions 43,401
Fair value adjustments (68,560 )
As at 29 July 2025 5,051,131
The Property was valued on an open market basis at year-ended 31 July 2025 by the directors of the company, based on information afforded by a professional valuation of similar properties. The fair value at 31 July 2025 is represented by a valuation in 2021 of £1,237,875 and costs of £ 3,769,855.
The cost of the property of £ 3,813,255 (2024: £3,838,415) includes capitalised finance charges of £309,595 (2024:  £309,595).
6. Debtors
2025 2024
£ £
Due within one year
Amounts owed by group undertakings 465,303 347,185
Other debtors 12,281 32,366
477,584 379,551
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Page 5
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1,566 72,065
Amounts owed to group undertakings 1,904,828 1,802,803
Other creditors 1,640 700
Taxation and social security 8,768 4,110
1,916,802 1,879,678
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 2,588,124 2,613,452
9. Secured Creditors
The bank loans are secured by a fixed charge over the development property of the company and floating charge held against the company's assets. The parent undertaking, lesis Ltd and fellow subsidiaries Regen (Burnham Road) and Rengen (Radway) Ltd are guarantors in respect of tyhe company's obligations to the lender.
The following secured debts are included within creditors: 
2025 2024
£ £
Bank loans and overdrafts 2,588,124 2,613,452
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
11. Contingent Liabilities
At the year-end the company was party to a cross guarantee and set-off agreement with Julian Hodge Bank Limited, in respect of loans to the company itself and also to Rengen (Burnham Road) Limited and Rengen (Radway) Limited, being companies within the same parent group. The loans outstanding at the yearend for Rengen (Burnham Road) Limited and for Rengen (Radway) Limited amounted to £4,039,375 (2024: £4,078,712).
12. Parent Undertaking
Iesis Limited , whose registered office is at 4 Argyle Street, Bath, BA2 4BA, is the parent undertaking which prepares consolidated financial statements.
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