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REGISTERED NUMBER: 04281768 (England and Wales)









Unaudited Financial Statements

for the Year Ended 30 April 2023

for

E-REWARD.CO.UK LIMITED

E-REWARD.CO.UK LIMITED (REGISTERED NUMBER: 04281768)

Contents of the Financial Statements
FOR THE YEAR ENDED 30 APRIL 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


E-REWARD.CO.UK LIMITED

Company Information
FOR THE YEAR ENDED 30 APRIL 2023







DIRECTOR: P Thompson





SECRETARY: P Thompson





REGISTERED OFFICE: 33 Denby Lane
Heaton Chapel
Stockport
Cheshire
SK4 2RA





REGISTERED NUMBER: 04281768 (England and Wales)





ACCOUNTANTS: Haines Watts
Bath House
6-8 Bath Street
Bristol
BS1 6HL

E-REWARD.CO.UK LIMITED (REGISTERED NUMBER: 04281768)

Balance Sheet
30 APRIL 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 909 562

CURRENT ASSETS
Debtors 5 71,901 33,182
Cash at bank 42,609 31,762
114,510 64,944
CREDITORS
Amounts falling due within one year 6 (68,514 ) (78,203 )
NET CURRENT ASSETS/(LIABILITIES) 45,996 (13,259 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

46,905

(12,697

)

CREDITORS
Amounts falling due after more than one
year

7

(84,766

)

(23,000

)
NET LIABILITIES (37,861 ) (35,697 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (37,961 ) (35,797 )
(37,861 ) (35,697 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

E-REWARD.CO.UK LIMITED (REGISTERED NUMBER: 04281768)

Balance Sheet - continued
30 APRIL 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 March 2024 and were signed by:





P Thompson - Director


E-REWARD.CO.UK LIMITED (REGISTERED NUMBER: 04281768)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 APRIL 2023


1. COMPANY INFORMATION

e-reward.co.uk 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.

The company's principal activities and nature of its operations are human resources provision and management of human resources functions..

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared on the historical cost convention. The principal accounting policies adopted are set out below.

Going concern
At the time of approving the financial statements, the company has a deficiency of assets of £37,861. The director has confirmed they will support the company and considers is appropriate to prepare the accounts on the going concern basis.

Turnover
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of services falling within the company's ordinary activities.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

E-REWARD.CO.UK LIMITED (REGISTERED NUMBER: 04281768)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 APRIL 2023


2. ACCOUNTING POLICIES - continued

Basic financial assets
Basic financial assets, which include trade and other debtors, and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost. Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Basic financial liabilities
Basic financial liabilities, including trade and other creditors are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Financial liabilities are derecognised when, and only when, the company's contractual obligations are discharged, cancelled, or they expire.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 May 2022 17,417
Additions 1,363
At 30 April 2023 18,780
DEPRECIATION
At 1 May 2022 16,855
Charge for year 1,016
At 30 April 2023 17,871
NET BOOK VALUE
At 30 April 2023 909
At 30 April 2022 562

E-REWARD.CO.UK LIMITED (REGISTERED NUMBER: 04281768)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 APRIL 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 18,148 14,965
Directors' current accounts 53,753 -
Tax - 8,082
Prepayments - 10,135
71,901 33,182

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 16,744 5,000
Trade creditors - 2,023
Tax 18,148 -
Social security and other taxes - 153
VAT 5,776 16,869
Other creditors 9,506 9,187
Directors' current accounts - 1,736
Accruals and deferred income 18,340 43,235
68,514 78,203

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 19,088 6,000
Bank loans - 2-5 years 65,678 17,000
84,766 23,000

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2023 and 30 April 2022:

2023 2022
£    £   
P Thompson
Balance outstanding at start of year (1,736 ) (220 )
Amounts advanced 68,619 38,934
Amounts repaid (13,129 ) (40,450 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 53,754 (1,736 )

The directors loan is interest free and has no fixed date for repayment.