Company Registration No. 04748821 (England and Wales)
Recycling and Renewable Energy Associates Limited
Unaudited accounts
for the year ended 31 October 2023
Recycling and Renewable Energy Associates Limited
Unaudited accounts
Contents
Recycling and Renewable Energy Associates Limited
Company Information
for the year ended 31 October 2023
Company Number
04748821 (England and Wales)
Registered Office
8 GOWAN TERRACE
JESMOND
NEWCASTLE UPON TYNE
TYNE & WEAR
NE2 2PS
ENGLAND
Recycling and Renewable Energy Associates Limited
Statement of financial position
as at 31 October 2023
Inventories
107,115
107,115
Cash at bank and in hand
73
519
Creditors: amounts falling due within one year
(720)
(720)
Net current assets
205,370
176,889
Total assets less current liabilities
205,370
177,152
Creditors: amounts falling due after more than one year
(955,525)
(1,005,857)
Net liabilities
(750,155)
(828,705)
Called up share capital
100
100
Profit and loss account
(750,255)
(828,805)
Shareholders' funds
(750,155)
(828,705)
For the year ending 31 October 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 30 July 2024 and were signed on its behalf by
William Thompson
Director
Company Registration No. 04748821
Recycling and Renewable Energy Associates Limited
Notes to the Accounts
for the year ended 31 October 2023
Recycling and Renewable Energy Associates Limited is a private company, limited by shares, registered in England and Wales, registration number 04748821. The registered office is 8 GOWAN TERRACE, JESMOND, NEWCASTLE UPON TYNE, TYNE & WEAR, NE2 2PS, ENGLAND.
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:
Computer equipment
33% Straight Line
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
98,902
69,975
Recycling and Renewable Energy Associates Limited
Notes to the Accounts
for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023
2022
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
955,525
1,005,857
8
Transactions with related parties
The following amounts were outstanding at the reporting end date:
Amount due to related parties:
Directors
FY2022 £1,005,857
FY2021 £910,697
FY2020 £874,564
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).