Company Registration No. 13301559 (England and Wales)
Re8ct Ltd
Unaudited accounts
for the year ended 30 April 2023
Re8ct Ltd
Unaudited accounts
Contents
Re8ct Ltd
Company Information
for the year ended 30 April 2023
Directors
Andrew John Crookes
Lisa Jill Crookes
Company Number
13301559 (England and Wales)
Registered Office
MEADOWSWEET BENDALLS BRIDGE
CLUTTON
BRISTOL
BS39 5SJ
ENGLAND
Accountants
Paulleys Taxation Ltd
2nd Floor
53 High Street
Keynsham
BS31 1DS
Re8ct Ltd
Accountants' report
Accountants' report to the board of directors of Re8ct Ltd on the preparation of the unaudited statutory accounts for the year ended 30 April 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Re8ct Ltd for the year ended
30 April 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Re8ct Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Re8ct Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Re8ct Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Re8ct Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Re8ct Ltd. You consider that Re8ct Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Re8ct Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Paulleys Taxation Ltd
2nd Floor
53 High Street
Keynsham
BS31 1DS
22 June 2023
Re8ct Ltd
Statement of financial position
as at 30 April 2023
Tangible assets
50,220
52,773
Cash at bank and in hand
33,520
24,492
Creditors: amounts falling due within one year
(116,932)
(118,635)
Net current liabilities
(68,332)
(51,491)
Net (liabilities)/assets
(18,112)
1,282
Called up share capital
20
20
Profit and loss account
(18,132)
1,262
Shareholders' funds
(18,112)
1,282
For the year ending 30 April 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 directors acknowledge their 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 of Directors and authorised for issue on 22 June 2023 and were signed on its behalf by
Andrew John Crookes
Director
Company Registration No. 13301559
Re8ct Ltd
Notes to the Accounts
for the year ended 30 April 2023
Re8ct Ltd is a private company, limited by shares, registered in England and Wales, registration number 13301559. The registered office is MEADOWSWEET BENDALLS BRIDGE, CLUTTON, BRISTOL, BS39 5SJ, ENGLAND.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% declining balance
Motor vehicles
25% declining balance
Fixtures & fittings
15% declining balance
Computer equipment
33.3% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2022
233
59,697
9,370
69,300
Additions
10,000
-
392
10,392
At 30 April 2023
10,233
59,697
9,762
79,692
At 1 May 2022
35
14,925
1,567
16,527
Charge for the year
280
11,193
1,472
12,945
At 30 April 2023
315
26,118
3,039
29,472
At 30 April 2023
9,918
33,579
6,723
50,220
At 30 April 2022
198
44,772
7,803
52,773
Re8ct Ltd
Notes to the Accounts
for the year ended 30 April 2023
Amounts falling due after more than one year
Trade debtors
11,239
39,470
Accrued income and prepayments
1,342
1,646
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
9,378
24,309
Taxes and social security
14,126
-
Loans from directors
82,472
83,889
7
Average number of employees
During the year the average number of employees was 4 (2022: 4).