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REGISTERED NUMBER: 09581330 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Reposit Group Limited

Reposit Group Limited (Registered number: 09581330)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Reposit Group Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: J Greer
B J Short
A Weisz
B J Grech





REGISTERED OFFICE: 128 City Road
London
EC1V 2NX





REGISTERED NUMBER: 09581330 (England and Wales)





ACCOUNTANTS: J S Accounting Services Limited
13-15 Morningside Drive
EDINBURGH
EH10 5LZ

Reposit Group Limited (Registered number: 09581330)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,763 8,711

CURRENT ASSETS
Debtors 5 10,511 62,045
Cash at bank 490,180 282,144
500,691 344,189
CREDITORS
Amounts falling due within one year 6 498,369 305,580
NET CURRENT ASSETS 2,322 38,609
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,085

47,320

CREDITORS
Amounts falling due after more than one
year

7

-

34,846
NET ASSETS 13,085 12,474

CAPITAL AND RESERVES
Called up share capital 290 195
Share premium 2,365,040 2,365,040
Capital redemption reserve 52 52
Retained earnings (2,352,297 ) (2,352,813 )
SHAREHOLDERS' FUNDS 13,085 12,474

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Reposit Group Limited (Registered number: 09581330)

Balance Sheet - continued
31 December 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 Board of Directors and authorised for issue on 21 August 2024 and were signed on its behalf by:





B J Grech - Director


Reposit Group Limited (Registered number: 09581330)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Reposit Group 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.

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.

The directors have the continuing commitment of the investors to provide further working capital if required by the company to meet its ongoing obligations. On that basis the directors consider it appropriate to prepare the financial statements on a going concern basis.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

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 or deferred taxation assets and liabilities are not discounted.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2022 - 16 ) .

Reposit Group Limited (Registered number: 09581330)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 29,840
Additions 7,070
Disposals (337 )
At 31 December 2023 36,573
DEPRECIATION
At 1 January 2023 21,129
Charge for year 4,774
Eliminated on disposal (93 )
At 31 December 2023 25,810
NET BOOK VALUE
At 31 December 2023 10,763
At 31 December 2022 8,711

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 3,011 250
Other debtors 7,500 61,795
10,511 62,045

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 16,921 -
Trade creditors 27,315 41,423
Taxation and social security 22,633 16,777
Other creditors 431,500 247,380
498,369 305,580

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans - 34,846