The Rena Initiative C.I.C

The Rena Initiative C.I.C
Contents Page
For the year ended 31 January 2026

Balance Sheet	1
Notes to the Financial Statements	2

The Rena Initiative C.I.C
Balance Sheet
As at 31 January 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	0	310
		0	310
Current assets
Cash at bank and in hand		14,002	1,140
Creditors: amount falling due within one year		(14,595)	(1,612)
Net current assets		(593)	(472)

Total assets less current liabilities		(593)	(162)
Net assets		(593)	(162)

Reserves
Income and expenditure account		(593)	(162)
Members' funds		(593)	(162)

For the year ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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.

These 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 income and expenditure account has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 20 October 2026 and were signed on its behalf by:

-------------------------------
Mellezia Bovell
Director

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The Rena Initiative C.I.C
Notes to the Abridged Financial Statements
For the year ended 31 January 2026

General Information

The Rena Initiative C.I.C is a community interest company, limited by guarantee, It is registered in England and Wales, registration number 11787058, registration address Dawes Road Hub , 20 Dawes Road, London, SW6 7EN.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Grants & Donations represents funds received from local authorities. The funds are a mixture of those with restrictions and those with not as to their deployment.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings	20 Straight Line
Computer Equipment	33 1/3 Reducing Balance

2.	Average number of employees Average number of employees during the period was 0 (2025 : 0).

3.

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Computer Equipment	Total
	£	£	£
At 01 February 2025	1,918	1,799	3,717
Additions	-	-	-
Disposals	-	-	-
At 31 January 2026	1,918	1,799	3,717
Depreciation
At 01 February 2025	1,608	1,799	3,407
Charge for year	310	-	310
On disposals	-	-	-
At 31 January 2026	1,918	1,799	3,717
Net book values
Closing balance as at 31 January 2026	-	-	-
Opening balance as at 01 February 2025	310	-	310

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