RETHYNC LTD

Company Registration Number:
10385081 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

RETHYNC LTD

Contents of the Financial Statements

for the Period Ended 31 July 2023

Balance sheet
Notes

RETHYNC LTD

Balance sheet

As at 31 July 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 426,339 158,026
Investments:   0 0
Total fixed assets: 426,339 158,026
Current assets
Stocks: 298,472 193,571
Debtors: 4 776,127 840,332
Cash at bank and in hand: 6,361 112,516
Investments:   0 0
Total current assets: 1,080,960 1,146,419
Creditors: amounts falling due within one year: 5 (1,096,829) (1,017,036)
Net current assets (liabilities): (15,869) 129,383
Total assets less current liabilities: 410,470 287,409
Creditors: amounts falling due after more than one year: 6 (250,372) (140,552)
Provision for liabilities: 0 0
Total net assets (liabilities): 160,098 146,857
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 159,998 146,757
Shareholders funds: 160,098 146,857

The notes form part of these financial statements

RETHYNC LTD

Balance sheet statements

For the year ending 31 July 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 17 April 2024
and signed on behalf of the board by:

Name: Phil Chadwick
Status: Director

The notes form part of these financial statements

RETHYNC LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

1. Accounting policies

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

RETHYNC LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

2. Employees

2023 2022
Average number of employees during the period 20 15

RETHYNC LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible Assets

Total
Cost £
At 01 August 2022 239,989
Additions 364,996
Disposals (46,710)
Revaluations 0
Transfers 0
At 31 July 2023 558,275
Depreciation
At 01 August 2022 81,963
Charge for year 85,005
On disposals (35,032)
Other adjustments 0
At 31 July 2023 131,936
Net book value
At 31 July 2023 426,339
At 31 July 2022 158,026

RETHYNC LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 0 0

RETHYNC LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Creditors: amounts falling due within one year note

Bank loans 451122Finance lease obligations 123256Trade creditors 441536Other tax and social security 52217Accruals 28698

RETHYNC LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

6. Creditors: amounts falling due after more than one year note

Bank loans 18333Finance lease obligations 182039Directors loan account 50000