Company Registration No. 12405908 (England and Wales)
REFORMED CHARACTERS LTD
Unaudited accounts
for the year ended 31 January 2024
REFORMED CHARACTERS LTD
Unaudited accounts
Contents
REFORMED CHARACTERS LTD
Statement of financial position
as at 31 January 2024
Cash at bank and in hand
973
9,695
Creditors: amounts falling due within one year
(50,751)
(44,902)
Net current liabilities
(49,778)
(34,378)
Net liabilities
(48,092)
(34,378)
Profit and loss account
(48,092)
(34,378)
Shareholders' funds
(48,092)
(34,378)
For the year ending 31 January 2024 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 19 March 2024 and were signed on its behalf by
Daniel Hinde
Director
Company Registration No. 12405908
REFORMED CHARACTERS LTD
Notes to the Accounts
for the year ended 31 January 2024
REFORMED CHARACTERS LTD is a private company, limited by shares, registered in England and Wales, registration number 12405908. The registered office is 8 LALOR STREET, FULHAM, LONDON, SW6 5SR.
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.
These financial statements for the year ended 31 January 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 February 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Computer equipment
3 years
Adjustments to prior period
Please note the following adjustments have been made to the prior year comparative figure:
- Expenditure allocated to cost of sales totaling £11,133 has been reallocated to operating expenses.
- A corporation tax asset of £7,534 was previously reflected on the balance sheet. This has been reallocated to be reflected in the P&L of the business.
REFORMED CHARACTERS LTD
Notes to the Accounts
for the year ended 31 January 2024
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
23,963
22,198
Loans from directors
25,108
21,248
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).