Company Registration No. 11933925 (England and Wales)
Reclore Ltd
Unaudited accounts
for the year ended 10 April 2023
Reclore Ltd
Unaudited accounts
Contents
Reclore Ltd
Company Information
for the year ended 10 April 2023
Director
Mr Serguey Livtchak
Company Number
11933925 (England and Wales)
Registered Office
71-75 SHELTON STREET
LONDON
GREATER LONDON
WC2H 9JQ
UNITED KINGDOM
Accountants
Anit Shah MAAT
Laxmi Accountancy Ltd
27 Belvedere Way
Harrow
Middlesex
HA3 9XQ
Reclore Ltd
Accountants' report
Accountants' report to the director of Reclore Ltd (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 10 April 2023.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 10 April 2023. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Anit Shah MAAT
Laxmi Accountancy Ltd
27 Belvedere Way
Harrow
Middlesex
HA3 9XQ
12 March 2024
Reclore Ltd
Statement of financial position
as at 10 April 2023
Tangible assets
20,696
27,739
Cash at bank and in hand
10,305
8,563
Creditors: amounts falling due within one year
(219,937)
(217,841)
Net current assets
24,434
118,627
Total assets less current liabilities
45,130
146,366
Creditors: amounts falling due after more than one year
(19,337)
(57,879)
Called up share capital
10
10
Fair value reserve
-
21,782
Profit and loss account
25,783
66,695
Shareholders' funds
25,793
88,487
For the year ending 10 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 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 12 March 2024 and were signed on its behalf by
Mr Serguey Livtchak
Director
Company Registration No. 11933925
Reclore Ltd
Notes to the Accounts
for the year ended 10 April 2023
Reclore Ltd is a private company, limited by shares, registered in England and Wales, registration number 11933925. The registered office is 71-75 SHELTON STREET, LONDON, GREATER LONDON, WC2H 9JQ, UNITED KINGDOM.
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:
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 11 April 2022
43,255
1,293
44,548
At 10 April 2023
43,255
862
44,117
At 11 April 2022
16,809
-
16,809
Charge for the year
6,612
-
6,612
At 10 April 2023
23,421
-
23,421
At 10 April 2023
19,834
862
20,696
At 10 April 2022
26,446
1,293
27,739
Reclore Ltd
Notes to the Accounts
for the year ended 10 April 2023
Amounts falling due within one year
Trade debtors
193,800
229,964
Other debtors
30,450
97,941
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
9,996
9,996
Obligations under finance leases and hire purchase contracts
107,126
113,976
Trade creditors
62,481
68,452
Amounts owed to group undertakings and other participating interests
2,530
-
Taxes and social security
20,249
6,103
Other creditors
4,137
11,035
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 6 (2022: 6).