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REGISTERED NUMBER: 03596798 (England and Wales)











Reach Beyond Limited

Unaudited Financial Statements

for the Year Ended 31 March 2023






Reach Beyond Limited (Registered number: 03596798)

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










Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 4


Reach Beyond Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: R Taylor





SECRETARY: C Plant





REGISTERED OFFICE: 6 Charter Point Way
Ashby Park
Ashby de la Zouch
LE65 1NF





REGISTERED NUMBER: 03596798 (England and Wales)





ACCOUNTANTS: Haines Watts
6 Charter Point Way
Ashby Business Park
Ashby De La Zouch
Leicestershire
LE65 1NF

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Reach Beyond Limited


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Reach Beyond Limited for the year ended 31 March 2023 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Reach Beyond Limited in accordance with the terms of our engagement letter dated 1 April 2017. Our work has been undertaken solely to prepare for your approval the financial statements of Reach Beyond Limited and state those matters that we have agreed to state to the director of Reach Beyond Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Reach Beyond Limited and its director for our work or for this report.

It is your duty to ensure that Reach Beyond Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Reach Beyond Limited. You consider that Reach Beyond Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Reach Beyond Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Haines Watts
6 Charter Point Way
Ashby Business Park
Ashby De La Zouch
Leicestershire
LE65 1NF


24 November 2023

Reach Beyond Limited (Registered number: 03596798)

Statement of Financial Position
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 3,306 3,854

CURRENT ASSETS
Debtors 6 57,429 63,084
Cash at bank 26,150 21,279
83,579 84,363
CREDITORS
Amounts falling due within one year 7 1,751 1,836
NET CURRENT ASSETS 81,828 82,527
TOTAL ASSETS LESS CURRENT LIABILITIES 85,134 86,381

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 9 85,132 86,379
SHAREHOLDERS' FUNDS 85,134 86,381

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 24 November 2023 and were signed by:





R Taylor - Director


Reach Beyond Limited (Registered number: 03596798)

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


1. STATUTORY INFORMATION

Reach Beyond 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
In the application of the company's accounting policies, the directors are required to make judgement, estimates and assumptions about carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 50% on cost

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Reach Beyond Limited (Registered number: 03596798)

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


5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2022 2,756 25,289 4,995 33,040
Additions - - 848 848
Disposals - - (676 ) (676 )
At 31 March 2023 2,756 25,289 5,167 33,212
DEPRECIATION
At 1 April 2022 2,440 21,913 4,833 29,186
Charge for year 47 844 505 1,396
Eliminated on disposal - - (676 ) (676 )
At 31 March 2023 2,487 22,757 4,662 29,906
NET BOOK VALUE
At 31 March 2023 269 2,532 505 3,306
At 31 March 2022 316 3,376 162 3,854

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 57,429 63,084

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 16 -
Other creditors 1,735 1,836
1,751 1,836

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary 1 2 2

Reach Beyond Limited (Registered number: 03596798)

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


9. RESERVES
Retained
earnings
£   

At 1 April 2022 86,379
Profit for the year 6,253
Dividends (7,500 )
At 31 March 2023 85,132

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

2023 2022
£    £   
R Taylor
Balance outstanding at start of year 48,951 50,660
Amounts advanced - 2,049
Amounts repaid (4,166 ) (3,758 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 44,785 48,951

Loans made to the director are interest free and repayable on demand.