Company Registration No. 10251946 (England and Wales)
Recoil Engineering Ltd
Unaudited accounts
for the year ended 30 June 2023
Recoil Engineering Ltd
Unaudited accounts
Contents
Recoil Engineering Ltd
Company Information
for the year ended 30 June 2023
Directors
Nicholas Crane
Jamie Boggan
Stephen McKelvey
Company Number
10251946 (England and Wales)
Registered Office
HETHEL ENGINEERING CENTRE CHAPMAN WAY
HETHEL
NORWICH
NORFOLK
UNITED KINGDOM
Accountants
Sharon Wray Accountancy Services
Black Hall Farm
Traice Road
Fundenhall
Norfolk
NR16 1HQ
Recoil Engineering Ltd
Statement of financial position
as at 30 June 2023
Tangible assets
3,241
3,330
Cash at bank and in hand
64,342
46,296
Creditors: amounts falling due within one year
(43,364)
(32,920)
Net current assets
33,128
24,087
Called up share capital
500
500
Profit and loss account
25,919
16,967
Shareholders' funds
36,369
27,417
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 October 2023 and were signed on its behalf by
Nicholas Crane
Director
Company Registration No. 10251946
Recoil Engineering Ltd
Notes to the Accounts
for the year ended 30 June 2023
Recoil Engineering Ltd is a private company, limited by shares, registered in England and Wales, registration number 10251946. The registered office is HETHEL ENGINEERING CENTRE CHAPMAN WAY, HETHEL, NORWICH, NORFOLK, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Other
Recoil Engineering Ltd
Notes to the Accounts
for the year ended 30 June 2023
5
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
12,150
10,711
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
28,227
20,368
Loans from directors
2,453
2,141
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Average number of employees
During the year the average number of employees was 3 (2022: 3).