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SERENVEST LIMITED
Notes to the financial statements
for the year ended 28 February 2026
1.Accounting policies
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Basis of preparation of financial statements
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Serenvest Limited is a private company, limited by shares, registered in England and Wales, registration number 11464053. The registered office is 1st Floor, Goodlands House, St. Lukes Close, Hedge End, Southampton, SO30 2US.
The presentation and functional currency is Pounds Sterling and the financial statements are rounded to the nearest £1.
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The following principal accounting policies have been applied:
Investments in shares are included at fair value.
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 the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
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The average monthly number of employees, including directors, during the year was 0 (2025 - 0).
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