Refilwe Company Limited 08640200 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is HEALTHCARE Digita Accounts Production Advanced 6.30.9574.0 true 08640200 2022-04-01 2023-03-31 08640200 2023-03-31 08640200 bus:CompanySecretaryDirector1 1 2023-03-31 08640200 bus:OrdinaryShareClass1 2023-03-31 08640200 core:CurrentFinancialInstruments 2023-03-31 08640200 core:Non-currentFinancialInstruments 2023-03-31 08640200 core:Non-currentFinancialInstruments core:AfterOneYear 2023-03-31 08640200 bus:SmallEntities 2022-04-01 2023-03-31 08640200 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 08640200 bus:FullAccounts 2022-04-01 2023-03-31 08640200 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 08640200 bus:RegisteredOffice 2022-04-01 2023-03-31 08640200 bus:CompanySecretaryDirector1 2022-04-01 2023-03-31 08640200 bus:CompanySecretaryDirector1 1 2022-04-01 2023-03-31 08640200 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 08640200 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 08640200 countries:England 2022-04-01 2023-03-31 08640200 bus:CompanySecretaryDirector1 1 2022-03-31 08640200 2021-04-01 2022-03-31 08640200 2022-03-31 08640200 bus:OrdinaryShareClass1 2022-03-31 08640200 core:CurrentFinancialInstruments 2022-03-31 08640200 core:Non-currentFinancialInstruments 2022-03-31 08640200 core:Non-currentFinancialInstruments core:AfterOneYear 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 08640200

Refilwe Company Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2023

 

Refilwe Company Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Refilwe Company Limited

Company Information

Director

Ms Mamakqowa Patience Mofane

Company secretary

Ms Mamakqowa Patience Mofane

Registered office

Flat 16 701 Hyde Road
Manchester
Lancashire
M12 5PS

Accountants

K & N Accounting Ltd
60 Windsor Avenue
London
South West London
SW19 2RR

 

Refilwe Company Limited

(Registration number: 08640200)
Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Current assets

 

Debtors

4

2,898

667

Cash at bank and in hand

 

2,493

78

 

5,391

745

Creditors: Amounts falling due after more than one year

5

(5,200)

(2,225)

Net assets/(liabilities)

 

191

(1,480)

Capital and reserves

 

Called up share capital

6

1

1

Retained earnings

190

(1,481)

Shareholders' funds/(deficit)

 

191

(1,480)

For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 12 July 2023
 

.........................................
Ms Mamakqowa Patience Mofane
Company secretary and director

 

Refilwe Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Flat 16 701 Hyde Road
Manchester
Lancashire
M12 5PS

These financial statements were authorised for issue by the director on 12 July 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Refilwe Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).

4

Debtors

Current

2023
£

2022
£

Other debtors

2,898

667

 

Refilwe Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

5

Creditors

Creditors: amounts falling due after more than one year

Note

2023
£

2022
£

Due after one year

 

Loans and borrowings

7

5,200

2,225

6

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary of £1 each

1

1

1

1

         

7

Loans and borrowings

2023
£

2022
£

Non-current loans and borrowings

Bank borrowings

5,200

-

Other borrowings

-

2,225

5,200

2,225

8

Related party transactions

 

Refilwe Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

Transactions with the director

2023

At 1 April 2022
£

Advances to director
£

At 31 March 2023
£

Ms Mamakqowa Patience Mofane

Advance

-

2,467

2,467