RECHARGE ENTERPRISE LTD

Company Registration Number:
14101121 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2023

Period of accounts

Start date: 11 May 2022

End date: 31 May 2023

RECHARGE ENTERPRISE LTD

Contents of the Financial Statements

for the Period Ended 31 May 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6

RECHARGE ENTERPRISE LTD

Company Information

for the Period Ended 31 May 2023




Director: Aliabbas Gulamhussein Karmali, Premji
Registered office: Flat 8 Sutton Court
Paxton Road
Fareham
England
PO14 1FH
Company Registration Number: 14101121 (England and Wales)

RECHARGE ENTERPRISE LTD

Balance sheet

As at 31 May 2023


Notes
13 months to
31 May 2023
£
Fixed assets
Total fixed assets: -
Current assets
Stocks: 3,215
Debtors: 865
Cash at bank and in hand: 1,947
Total current assets: 6,027
Creditors: amounts falling due within one year: ( 5,194 )
Net current assets (liabilities): 833
Total assets less current liabilities: 833
Total net assets (liabilities): 833

The notes form part of these financial statements

RECHARGE ENTERPRISE LTD

Balance sheet continued

As at 31 May 2023


Notes
13 months to
31 May 2023
£
Capital and reserves
Called up share capital: 1
Profit and loss account: 832
Shareholders funds: 833

For the year ending 31 May 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 24 December 2023
And Signed On Behalf Of The Board By:

Name: Aliabbas Gulamhussein Karmali, Premji
Status: Director

The notes form part of these financial statements

RECHARGE ENTERPRISE LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured at fair value of consideration received or receivable, excluding rebates, discounts, value added tax and other taxes.

    Other accounting policies

    Inventory is valued at lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase of first in, first out basis. At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to selling price less costs to complete and sell. The impairment loss is recognised immediately in profit and loss.

RECHARGE ENTERPRISE LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees

    13 months to
    31 May 2023
    Average number of employees during the period 1

RECHARGE ENTERPRISE LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 3. Off balance sheet disclosure

    No