Company Registration No. 03236730 (England and Wales)
Recellular (UK) Limited
Unaudited accounts
for the year ended 30 June 2023
Recellular (UK) Limited
Unaudited accounts
Contents
Recellular (UK) Limited
Company Information
for the year ended 30 June 2023
Company Number
03236730 (England and Wales)
Registered Office
Primary House
Spring Gardens
Macclesfield
Cheshire
SK10 2DX
Accountants
Taylor Consultancy, Chartered Certified Accountants
Primary House
Spring Gardens
Macclesfield
Cheshire
SK10 2DX
Recellular (UK) Limited
Statement of financial position
as at 30 June 2023
Cash at bank and in hand
97
97
Creditors: amounts falling due within one year
(16,541)
(16,295)
Net current assets
19,199
30,093
Total assets less current liabilities
19,199
30,093
Creditors: amounts falling due after more than one year
(20,753)
(30,746)
Net liabilities
(1,554)
(653)
Called up share capital
200
200
Profit and loss account
(1,754)
(853)
Shareholders' funds
(1,554)
(653)
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 director acknowledges his 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 and authorised for issue on 7 March 2024 and were signed on its behalf by
J D Womby
Director
Company Registration No. 03236730
Recellular (UK) Limited
Notes to the Accounts
for the year ended 30 June 2023
Recellular (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 03236730. The registered office is Primary House, Spring Gardens, Macclesfield, Cheshire, SK10 2DX.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Amounts falling due within one year
Amounts due from group undertakings etc.
35,643
46,291
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
9,994
9,748
Amounts owed to group undertakings and other participating interests
6,235
6,235
Taxes and social security
312
312
Recellular (UK) Limited
Notes to the Accounts
for the year ended 30 June 2023
6
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
200 Ordinary shares of £1 each
200
200
8
Transactions with related parties
Recellular Investment Company Limited is the ultimate holding company
During the year Recelluar UK Limited charged Recellular Investment Company Limited management charges amounting to £Nil ( 2022 - £75,205 )
At the balance sheet date there was a loan from Recellular UK Limited to Recellular Investment Company Limited of £4,749 ( 2022 £4,749 ) which is subject to interest at a commercial rate and is repayable upon demand
Mr J D Womby is a director and shareholder in both Recellular UK Limited and Southpark Developments Limited
During the year Southpark Developments Limited charged Recellular UK Limited management charges amounting to £Nil ( 2022 - £73,015 )
At the balance sheet date there was a loan from Recellular UK Limited to Southpark Developments Limited of £30,894 ( 2022 £41,542 ) which is subject to interest at a commercial rate and is repayable upon demand
Mr J D Womby is a director and shareholder in both Recellular UK Limited and JWT Limited
At the balance sheet date there was a loan to Recellular UK Limited from JWT Limited of £6,235 ( 2022 £6,235 ) which is subject to interest at a commercial rate and repayable upon demand
The company is 100% owned by Recellular Investment Company Limited, a company registered in England and Wales under company number 03386144
10
Average number of employees
During the year the average number of employees was 1 (2022: 1).