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REGISTERED NUMBER: 11815509 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Remulate Limited

Remulate Limited (Registered number: 11815509)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Remulate Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: G S Novick
M Cohen
J Zinman
W Friedland
B A Stiefel





REGISTERED OFFICE: Bank House
Southwick Square
Southwick
West Sussex
BN42 4FN





REGISTERED NUMBER: 11815509 (England and Wales)





ACCOUNTANTS: Style Accountants Limited
Bank House
Southwick Square
Southwick
West Sussex
BN42 4FN

Remulate Limited (Registered number: 11815509)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 1,000
Investments 5 491,799 271,799
491,799 272,799

CURRENT ASSETS
Debtors 6 - 35,107
Cash at bank 4,752 12,659
4,752 47,766
CREDITORS
Amounts falling due within one year 7 818,167 795,644
NET CURRENT LIABILITIES (813,415 ) (747,878 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(321,616

)

(475,079

)

CREDITORS
Amounts falling due after more than one
year

8

45,736

49,583
NET LIABILITIES (367,352 ) (524,662 )

CAPITAL AND RESERVES
Called up share capital 240 200
Share premium 299,960 -
Retained earnings (667,552 ) (524,862 )
SHAREHOLDERS' FUNDS (367,352 ) (524,662 )

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 directors acknowledge their 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.

Remulate Limited (Registered number: 11815509)

Balance Sheet - continued
31 March 2023


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 Board of Directors and authorised for issue on 14 November 2023 and were signed on its behalf by:





G S Novick - Director


Remulate Limited (Registered number: 11815509)

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

1. STATUTORY INFORMATION

Remulate 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
Turnover 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.
Plant and machinery etc - 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022
and 31 March 2023 1,996
DEPRECIATION
At 1 April 2022 996
Charge for year 1,000
At 31 March 2023 1,996
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 1,000

Remulate Limited (Registered number: 11815509)

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

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2022 271,799
Additions 220,000
At 31 March 2023 491,799
NET BOOK VALUE
At 31 March 2023 491,799
At 31 March 2022 271,799

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Other debtors - 35,107

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts - 4,167
Amounts owed to associates 288,525 235,525
Taxation and social security 2,688 5,653
Other creditors 526,954 550,299
818,167 795,644

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans 45,736 49,583

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 45,736 49,583

9. RELATED PARTY DISCLOSURES

At the year end, the company owed £288,525.45 to it's subsidiary company (Genesis Advisory Services (UK) Ltd). This amount is interest free and repayable on demand.