Recell Energy Bloom Developments Ltd 14160610 false 2022-06-09 2023-06-30 2023-06-30 The principal activity of the company is trade of electricity and construction of utility projects for electricity and telecommunications Digita Accounts Production Advanced 6.30.9574.0 true 14160610 2022-06-09 2023-06-30 14160610 2023-06-30 14160610 core:CurrentFinancialInstruments 2023-06-30 14160610 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 14160610 bus:SmallEntities 2022-06-09 2023-06-30 14160610 bus:AuditExemptWithAccountantsReport 2022-06-09 2023-06-30 14160610 bus:FullAccounts 2022-06-09 2023-06-30 14160610 bus:SmallCompaniesRegimeForAccounts 2022-06-09 2023-06-30 14160610 bus:RegisteredOffice 2022-06-09 2023-06-30 14160610 bus:Director2 2022-06-09 2023-06-30 14160610 bus:PrivateLimitedCompanyLtd 2022-06-09 2023-06-30 14160610 countries:AllCountries 2022-06-09 2023-06-30 iso4217:GBP xbrli:pure

Registration number: 14160610

Recell Energy Bloom Developments Ltd

Unaudited Financial Statements

for the Period from 9 June 2022 to 30 June 2023

 

Recell Energy Bloom Developments Ltd

(Registration number: 14160610)

Balance Sheet as at 30 June 2023

Note

2023
£

Current assets

 

Stocks

3

6,000

Debtors

4

25,050

Cash at bank and in hand

 

327,913

 

358,963

Creditors: Amounts falling due within one year

5

(354,132)

Net assets

 

4,831

Capital and reserves

 

Called up share capital

100

Profit and loss account

4,731

Shareholders' funds

 

4,831

For the financial period ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

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

The directors acknowledge their 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.

These financial statements, which 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 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the Board on 7 March 2024 and signed on its behalf by:
 

.........................................

S Difuria
Director

 

Recell Energy Bloom Developments Ltd

Notes to the Unaudited Financial Statements for the Period from 9 June 2022 to 30 June 2023

1

Accounting policies

Recell Energy Bloom Developments Ltd is a private company, limited by shares, domiciled in England and Wales, company number 14160610. The registered office is at 5 Sidings Court, White Rose Way, Doncaster, South Yorkshire, DN4 5NU.

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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

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. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.

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.

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.

 

Recell Energy Bloom Developments Ltd

Notes to the Unaudited Financial Statements for the Period from 9 June 2022 to 30 June 2023

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

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.

2

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 3.

3

Stocks

2023
£

Work in progress

6,000

4

Debtors

2023
£

Other debtors

25,050

25,050

5

Creditors

Creditors: amounts falling due within one year

2023
£

Taxation and social security

38,689

Accruals and deferred income

79,980

Other creditors

235,463

354,132