REDUCTA (SALES) LIMITED

Company Registration Number:
00762750 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

REDUCTA (SALES) LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Profit and Loss notes - 11
Balance sheet notes - 12

REDUCTA (SALES) LIMITED

Company Information

for the Period Ended 31 December 2023




Director: David Pollak
Registered office: 40
The Gardens
Cassiobury
Watford
Hertfordshire
WD17 3DW
Company Registration Number: 00762750 (England and Wales)

REDUCTA (SALES) LIMITED

Directors' Report Period Ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal Activities

Investments, cosnsultancy and art sales

Political and charitable donations

Charitable donations of £750

Company policy on the employment of disabled persons

N/A

Additional information

N/A

Directors

The directors shown below have held office during the whole of the period from 01 January 2023 to 31 December 2023
David Pollak

This report was approved by the board of directors on 29 August 2024
And Signed On Behalf Of The Board By:

Name: David Pollak
Status: Director

REDUCTA (SALES) LIMITED

Profit and Loss Account

for the Period Ended 31 December 2023


Notes

2023
£

2022
£
Gross Profit or (Loss) 0 0
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 29,586 ) ( 10,565 )
Operating Profit or (Loss) ( 29,586 ) ( 10,565 )
Interest Receivable and Similar Income 21,300 20,000
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax 4 ( 8,286 ) 9,435
Tax on Profit ( 0 ) ( 585 )
Profit or (Loss) for Period ( 8,286 ) 8,850

The notes form part of these financial statements

REDUCTA (SALES) LIMITED

Balance sheet

As at 31 December 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 5 173,152 173,152
Total fixed assets: 173,152 173,152
Current assets
Stocks: 0 0
Debtors: 471,328 489,099
Cash at bank and in hand: 9,229 8,327
Total current assets: 480,557 497,426
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: ( 0 ) ( 8,086 )
Net current assets (liabilities): 480,557 489,340
Total assets less current liabilities: 653,709 662,492
Creditors: amounts falling due after more than one year: ( 4,710 ) ( 4,810 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 648,999 657,682

The notes form part of these financial statements

REDUCTA (SALES) LIMITED

Balance sheet continued

As at 31 December 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 250,000 250,000
Profit and loss account: 398,999 407,682
Shareholders funds: 648,999 657,682

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

This report was approved by the board of directors on 29 August 2024
And Signed On Behalf Of The Board By:

Name: David Pollak
Status: Director

The notes form part of these financial statements

REDUCTA (SALES) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

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

REDUCTA (SALES) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

REDUCTA (SALES) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

REDUCTA (SALES) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4.Profit or (Loss) before tax

Mortgage interest payments from previous years omitted from previous returns included in return for 2023

REDUCTA (SALES) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Tangible Assets

Total
Cost £
At 01 January 2023 173,152
Additions 0
Disposals (0)
Revaluations 0
Transfers 0
At 31 December 2023 173,152
Depreciation
At 01 January 2023 0
Charge for year 0
On disposals (0)
Other adjustments 0
At 31 December 2023 0
Net book value
At 31 December 2023 173,152
At 31 December 2022 173,152