2022-04-012023-03-312023-03-31false10579092RELAXASIZE LTD2023-10-2486900iso4217:GBPxbrli:pure105790922022-04-01105790922023-03-31105790922022-04-012023-03-31105790922021-02-01105790922022-03-31105790922021-02-012022-03-3110579092bus:SmallEntities2022-04-012023-03-3110579092bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3110579092bus:FullAccounts2022-04-012023-03-3110579092bus:PrivateLimitedCompanyLtd2022-04-012023-03-3110579092core:WithinOneYear2023-03-3110579092core:AfterOneYear2023-03-3110579092core:WithinOneYear2022-03-3110579092core:AfterOneYear2022-03-3110579092core:ShareCapital2023-03-3110579092core:SharePremium2023-03-3110579092core:RevaluationReserve2023-03-3110579092core:OtherReservesSubtotal2023-03-3110579092core:RetainedEarningsAccumulatedLosses2023-03-3110579092core:ShareCapital2022-03-3110579092core:SharePremium2022-03-3110579092core:RevaluationReserve2022-03-3110579092core:OtherReservesSubtotal2022-03-3110579092core:RetainedEarningsAccumulatedLosses2022-03-3110579092core:LandBuildings2023-03-3110579092core:PlantMachinery2023-03-3110579092core:Vehicles2023-03-3110579092core:FurnitureFittings2023-03-3110579092core:OfficeEquipment2023-03-3110579092core:NetGoodwill2023-03-3110579092core:IntangibleAssetsOtherThanGoodwill2023-03-3110579092core:ListedExchangeTraded2023-03-3110579092core:UnlistedNon-exchangeTraded2023-03-3110579092core:LandBuildings2022-03-3110579092core:PlantMachinery2022-03-3110579092core:Vehicles2022-03-3110579092core:FurnitureFittings2022-03-3110579092core:OfficeEquipment2022-03-3110579092core:NetGoodwill2022-03-3110579092core:IntangibleAssetsOtherThanGoodwill2022-03-3110579092core:ListedExchangeTraded2022-03-3110579092core:UnlistedNon-exchangeTraded2022-03-3110579092core:LandBuildings2022-04-012023-03-3110579092core:PlantMachinery2022-04-012023-03-3110579092core:Vehicles2022-04-012023-03-3110579092core:FurnitureFittings2022-04-012023-03-3110579092core:OfficeEquipment2022-04-012023-03-3110579092core:NetGoodwill2022-04-012023-03-3110579092core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3110579092core:ListedExchangeTraded2022-04-012023-03-3110579092core:UnlistedNon-exchangeTraded2022-04-012023-03-3110579092core:MoreThanFiveYears2022-04-012023-03-3110579092core:Non-currentFinancialInstruments2023-03-3110579092core:Non-currentFinancialInstruments2022-03-3110579092dpl:CostSales2022-04-012023-03-3110579092dpl:DistributionCosts2022-04-012023-03-3110579092core:LandBuildings2022-04-012023-03-3110579092core:PlantMachinery2022-04-012023-03-3110579092core:Vehicles2022-04-012023-03-3110579092core:FurnitureFittings2022-04-012023-03-3110579092core:OfficeEquipment2022-04-012023-03-3110579092dpl:AdministrativeExpenses2022-04-012023-03-3110579092core:NetGoodwill2022-04-012023-03-3110579092core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3110579092dpl:GroupUndertakings2022-04-012023-03-3110579092dpl:ParticipatingInterests2022-04-012023-03-3110579092dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3110579092core:ListedExchangeTraded2022-04-012023-03-3110579092dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3110579092core:UnlistedNon-exchangeTraded2022-04-012023-03-3110579092dpl:CostSales2021-02-012022-03-3110579092dpl:DistributionCosts2021-02-012022-03-3110579092core:LandBuildings2021-02-012022-03-3110579092core:PlantMachinery2021-02-012022-03-3110579092core:Vehicles2021-02-012022-03-3110579092core:FurnitureFittings2021-02-012022-03-3110579092core:OfficeEquipment2021-02-012022-03-3110579092dpl:AdministrativeExpenses2021-02-012022-03-3110579092core:NetGoodwill2021-02-012022-03-3110579092core:IntangibleAssetsOtherThanGoodwill2021-02-012022-03-3110579092dpl:GroupUndertakings2021-02-012022-03-3110579092dpl:ParticipatingInterests2021-02-012022-03-3110579092dpl:GroupUndertakingscore:ListedExchangeTraded2021-02-012022-03-3110579092core:ListedExchangeTraded2021-02-012022-03-3110579092dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-02-012022-03-3110579092core:UnlistedNon-exchangeTraded2021-02-012022-03-3110579092core:NetGoodwill2023-03-3110579092core:IntangibleAssetsOtherThanGoodwill2023-03-3110579092core:LandBuildings2023-03-3110579092core:PlantMachinery2023-03-3110579092core:Vehicles2023-03-3110579092core:FurnitureFittings2023-03-3110579092core:OfficeEquipment2023-03-3110579092core:AfterOneYear2023-03-3110579092core:WithinOneYear2023-03-3110579092core:ListedExchangeTraded2023-03-3110579092core:UnlistedNon-exchangeTraded2023-03-3110579092core:ShareCapital2023-03-3110579092core:SharePremium2023-03-3110579092core:RevaluationReserve2023-03-3110579092core:OtherReservesSubtotal2023-03-3110579092core:RetainedEarningsAccumulatedLosses2023-03-3110579092core:NetGoodwill2022-03-3110579092core:IntangibleAssetsOtherThanGoodwill2022-03-3110579092core:LandBuildings2022-03-3110579092core:PlantMachinery2022-03-3110579092core:Vehicles2022-03-3110579092core:FurnitureFittings2022-03-3110579092core:OfficeEquipment2022-03-3110579092core:AfterOneYear2022-03-3110579092core:WithinOneYear2022-03-3110579092core:ListedExc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RELAXASIZE LTD

Registered Number
10579092
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

RELAXASIZE LTD
Company Information
for the year from 1 April 2022 to 31 March 2023

Directors

KIRMAN, Angela Helen
VAMATHEVAN, Thanapalan

Registered Address

Saffron Lodge Rickmansworth Road
Chorleywood
Rickmansworth
WD3 5SQ

Registered Number

10579092 (England and Wales)
RELAXASIZE LTD
Balance Sheet as at
31 March 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Investments5480,000480,000
480,000480,000
Current assets
Debtors59100
Cash at bank and on hand4,2594,492
4,3184,592
Creditors amounts falling due within one year7(40)(22,940)
Net current assets (liabilities)4,278(18,348)
Total assets less current liabilities484,278461,652
Creditors amounts falling due after one year8(200,661)(250,078)
Net assets283,617211,574
Capital and reserves
Profit and loss account283,617211,574
Shareholders' funds283,617211,574
The financial statements were approved and authorised for issue by the Board of Directors on 24 October 2023, and are signed on its behalf by:
VAMATHEVAN, Thanapalan
Director
Registered Company No. 10579092
RELAXASIZE LTD
Notes to the Financial Statements
for the year ended 31 March 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Investments policy
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
4.Employee information

20232022
Average number of employees during the year00
5.Fixed asset investments

Other investments1

Total

££
Cost or valuation
At 01 April 22480,000480,000
At 31 March 23480,000480,000
Net book value
At 31 March 23480,000480,000
At 31 March 22480,000480,000

Notes

1Other investments other than loans
6.Dividends proposed and payable

2023

2022

££
Dividends Paid91,44417,485
Total91,44417,485
During the Year, total dividends of £91444 (2022 £17485) were paid to directors.
7.Creditors within one year

2023

2022

££
Trade creditors / trade payables40-
Amounts owed to related parties-20,000
Other creditors-2,940
Total4022,940
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
8.Creditors after one year

2023

2022

££
Bank borrowings and overdrafts200,661250,078
Total200,661250,078