Would like to renew lease, but Tenant has caused some damage.

[Pj Holmes]

I would like to renew my current tenant's lease, but after doing a yearly inspection there were a few things that I was not happy about. 

(This is the first time I am a landlord and it was not by choice, so I apologize in advance if my lack of knowledge puts off some of you, but I was looking for advise on how to proceed, if you may. )

So, what do you do when you find things that would come out of their deposit if they were actually moving out, but instead you want to extend the lease because they have been good tenants overall?

Let's say that it is $300 worth of damage and the repairs are not emergencies, but definitely not normal wear and tear. They have broken a few things and a few dents on the walls in example. 

Do you ask to add an additional deposit for that amount or do you have them fix these items themselves before renewing the lease and pending a re inspection? Or fix the items yourself and charge it to them on their next monthly rent payment?  Or none of the above ?

Please suggest the best way to go in this case please. Or if you need more info, I will be glad to provide it. 

Thanks a lot.