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REGISTERED NUMBER: 04887140 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

REACT PLANT SUPPLIES LIMITED

REACT PLANT SUPPLIES LIMITED (REGISTERED NUMBER: 04887140)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


REACT PLANT SUPPLIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTOR: R East





REGISTERED OFFICE: 213 Northridge Way
Boxmoor
Hemel Hempstead
Hertfordshire
HP1 2AU





REGISTERED NUMBER: 04887140 (England and Wales)





ACCOUNTANTS: Ad Valorem Accountancy Services Limited
Chartered Certified Accountants
2 Manor Farm Court
Old Wolverton Road
Old Wolverton
Buckinghamshire
MK12 5NN

REACT PLANT SUPPLIES LIMITED (REGISTERED NUMBER: 04887140)

BALANCE SHEET
30 SEPTEMBER 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 102,883 95,966

CURRENT ASSETS
Stocks 34,992 33,142
Debtors 5 153,579 155,327
Cash at bank and in hand 406,763 293,146
595,334 481,615
CREDITORS
Amounts falling due within one year 6 159,981 147,759
NET CURRENT ASSETS 435,353 333,856
TOTAL ASSETS LESS CURRENT
LIABILITIES

538,236

429,822

PROVISIONS FOR LIABILITIES - 1,383
NET ASSETS 538,236 428,439

CAPITAL AND RESERVES
Called up share capital 8 50 50
Capital redemption reserve 50 50
Retained earnings 538,136 428,339
SHAREHOLDERS' FUNDS 538,236 428,439

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

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

REACT PLANT SUPPLIES LIMITED (REGISTERED NUMBER: 04887140)

BALANCE SHEET - continued
30 SEPTEMBER 2023


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 May 2024 and were signed by:





R East - Director


REACT PLANT SUPPLIES LIMITED (REGISTERED NUMBER: 04887140)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023


1. STATUTORY INFORMATION

React Plant Supplies 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.

This is the first year of using FRS 102. There are no transition adjustments required. The transition date is 1 October 2020.

TURNOVER
The company's turnover represents the value, excluding value added tax, of goods supplied to customers during the year. A sale is recognised when revenue and associated costs can be measured reliably and future economic benefits are probable. Revenue is measured at the fair value of the consideration received or receivable for goods provided in the normal course of business, net of discounts and VAT.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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 balance sheet date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

REACT PLANT SUPPLIES LIMITED (REGISTERED NUMBER: 04887140)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023


2. ACCOUNTING POLICIES - continued

FOREIGN CURRENCIES
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

DEBTORS RECEIVABLE AND CREDITORS PAYABLE
Debtors and creditors with no stated interest rate and receivable or payable within or after one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£ £ £ £ £
COST
At 1 October 2022 17,033 10,641 101,307 14,476 143,457
Additions - 1,895 41,415 925 44,235
Disposals - - (7,295 ) - (7,295 )
At 30 September 2023 17,033 12,536 135,427 15,401 180,397
DEPRECIATION
At 1 October 2022 1,679 10,410 23,072 12,330 47,491
Charge for year 4,259 258 31,773 1,028 37,318
Eliminated on disposal - - (7,295 ) - (7,295 )
At 30 September 2023 5,938 10,668 47,550 13,358 77,514
NET BOOK VALUE
At 30 September 2023 11,095 1,868 87,877 2,043 102,883
At 30 September 2022 15,354 231 78,235 2,146 95,966

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade debtors 146,054 151,789
Other debtors 7,525 3,538
153,579 155,327

REACT PLANT SUPPLIES LIMITED (REGISTERED NUMBER: 04887140)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Hire purchase contracts - 12,404
Trade creditors 84,360 80,385
Taxation and social security 67,105 41,346
Other creditors 8,516 13,624
159,981 147,759

7. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£ £
Hire purchase contracts - 12,404

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
50 Ordinary £1 50 50

9. PENSION COMMITMENTS

The company operates a defined contribution pension scheme. Contributions in the year ended 30 September 2023 were £1,161 (2022 - £966). No amounts were outstanding or prepaid at the Balance Sheet date.