IRIS Accounts Production v23.4.0.336 03861529 director 31.3.22 30.3.23 30.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh038615292022-03-30038615292023-03-30038615292022-03-312023-03-30038615292021-03-30038615292021-03-312022-03-30038615292022-03-3003861529ns15:EnglandWales2022-03-312023-03-3003861529ns14:PoundSterling2022-03-312023-03-3003861529ns10:Director12022-03-312023-03-3003861529ns10:PrivateLimitedCompanyLtd2022-03-312023-03-3003861529ns10:SmallEntities2022-03-312023-03-3003861529ns10:AuditExempt-NoAccountantsReport2022-03-312023-03-3003861529ns10:SmallCompaniesRegimeForDirectorsReport2022-03-312023-03-3003861529ns10:SmallCompaniesRegimeForAccounts2022-03-312023-03-3003861529ns10:FullAccounts2022-03-312023-03-3003861529ns10:CompanySecretary12022-03-312023-03-3003861529ns10:RegisteredOffice2022-03-312023-03-3003861529ns5:CurrentFinancialInstruments2023-03-3003861529ns5:CurrentFinancialInstruments2022-03-3003861529ns5:ShareCapital2023-03-3003861529ns5:ShareCapital2022-03-3003861529ns5:RetainedEarningsAccumulatedLosses2023-03-3003861529ns5:RetainedEarningsAccumulatedLosses2022-03-3003861529ns5:PlantMachinery2022-03-312023-03-3003861529ns5:PlantMachinery2022-03-3003861529ns5:PlantMachinery2023-03-3003861529ns5:PlantMachinery2022-03-3003861529ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3003861529ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-30
REGISTERED NUMBER: 03861529 (England and Wales)









Financial Statements

for the Year Ended 30 March 2023

for

Re-Creo Architecture Limited

Re-Creo Architecture Limited (Registered number: 03861529)






Contents of the Financial Statements
for the Year Ended 30 March 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Re-Creo Architecture Limited

Company Information
for the Year Ended 30 March 2023







DIRECTOR: P Whitley





SECRETARY: P Whitley





REGISTERED OFFICE: 28 Church Road
Stanmore
Middlesex
HA7 4XR





REGISTERED NUMBER: 03861529 (England and Wales)






Re-Creo Architecture Limited (Registered number: 03861529)

Statement of Financial Position
30 March 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,819 4,939

CURRENT ASSETS
Stocks - 69,713
Debtors 5 157,187 333,428
Cash at bank - 16,114
157,187 419,255
CREDITORS
Amounts falling due within one year 6 (591,015 ) (736,351 )
NET CURRENT LIABILITIES (433,828 ) (317,096 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(432,009

)

(312,157

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (432,109 ) (312,257 )
(432,009 ) (312,157 )

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

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

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 March 2024 and were signed by:





P Whitley - Director


Re-Creo Architecture Limited (Registered number: 03861529)

Notes to the Financial Statements
for the Year Ended 30 March 2023

1. STATUTORY INFORMATION

Re-Creo Architecture 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 presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Income is accrued for work carried out up to the period end, but not invoiced until after the accounting reference date.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Re-Creo Architecture Limited (Registered number: 03861529)

Notes to the Financial Statements - continued
for the Year Ended 30 March 2023

2. ACCOUNTING POLICIES - continued

Going concern
These financial statements have been prepared on a going concern basis, which assumes the company will continue in operational existence for the foreseeable future. The validity of this assumption is dependent upon the continued support of the director and third party creditors.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 8 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 31 March 2022
and 30 March 2023 21,620
DEPRECIATION
At 31 March 2022 16,681
Charge for year 3,120
At 30 March 2023 19,801
NET BOOK VALUE
At 30 March 2023 1,819
At 30 March 2022 4,939

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 82,198
Amounts owed by group undertakings 139,273 197,859
Other debtors 17,914 53,371
157,187 333,428

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 6,794 -
Trade creditors 27,522 27,320
Amounts owed to group undertakings 167,464 244,437
Taxation and social security - 31,592
Other creditors 389,235 433,002
591,015 736,351

7. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

At the year end, an amount of £386,444 (2022: £412,136) was due to the director P Whitley. This amount has been provided unsecured, interest free and is effectively repayable on demand.