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REGISTERED NUMBER: 08530706 (England and Wales)















Financial Statements for the Year Ended 31 July 2023

for

ReformU Limited

ReformU Limited (Registered number: 08530706)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


ReformU Limited

Company Information
for the Year Ended 31 July 2023







DIRECTOR: A P Chinneck





REGISTERED OFFICE: 54 South Meadow
Crowthorne
RG45 7HP





REGISTERED NUMBER: 08530706 (England and Wales)





ACCOUNTANTS: Millward, May & Co
Suite 9 Market House
21 Market Place
Wokingham
Berkshire
RG40 1AP

ReformU Limited (Registered number: 08530706)

Statement of Financial Position
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 319 510

CURRENT ASSETS
Debtors 5 2,314 71
Cash at bank 7,688 15,356
10,002 15,427
CREDITORS
Amounts falling due within one year 6 8,592 9,092
NET CURRENT ASSETS 1,410 6,335
TOTAL ASSETS LESS CURRENT LIABILITIES 1,729 6,845

PROVISIONS FOR LIABILITIES 61 97
NET ASSETS 1,668 6,748

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 1,667 6,747
SHAREHOLDERS' FUNDS 1,668 6,748

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 October 2023 and were signed by:





A P Chinneck - Director


ReformU Limited (Registered number: 08530706)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

ReformU Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

Computer equipment - 3 years straight line

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

ReformU Limited (Registered number: 08530706)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

4. PROPERTY, PLANT AND EQUIPMENT
Computer
equipment
£   
COST
At 1 August 2022
and 31 July 2023 4,358
DEPRECIATION
At 1 August 2022 3,848
Charge for year 191
At 31 July 2023 4,039
NET BOOK VALUE
At 31 July 2023 319
At 31 July 2022 510

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Other debtors 2,314 71

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Taxation and social security 2,519 4,565
Other creditors 6,073 4,527
8,592 9,092

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.23 31.7.22
value: £    £   
1 Ordinary £1 1 1

8. RELATED PARTY DISCLOSURES

During the year the director maintained a loan account with the company. At the year end the company owed the director £6,072 (2022 - £4,346). This loan is interest free, repayable on demand and shown within other creditors.