2023-08-012024-07-312024-07-31false13489372RECREO VR LTD2024-10-14iso4217:GBPxbrli:pure134893722023-08-01134893722024-07-31134893722023-08-012024-07-31134893722022-08-01134893722023-07-31134893722022-08-012023-07-3113489372bus:SmallEntities2023-08-012024-07-3113489372bus:AuditExempt-NoAccountantsReport2023-08-012024-07-3113489372bus:FullAccounts2023-08-012024-07-3113489372bus:PrivateLimitedCompanyLtd2023-08-012024-07-3113489372core:WithinOneYear2024-07-3113489372core:AfterOneYear2024-07-3113489372core:WithinOneYear2023-07-3113489372core:AfterOneYear2023-07-3113489372core:ShareCapital2024-07-3113489372core:SharePremium2024-07-3113489372core:RevaluationReserve2024-07-3113489372core:OtherReservesSubtotal2024-07-3113489372core:RetainedEarningsAccumulatedLosses2024-07-3113489372core:ShareCapital2023-07-3113489372core:SharePremium2023-07-3113489372core:RevaluationReserve2023-07-3113489372core:OtherReservesSubtotal2023-07-3113489372core:RetainedEarningsAccumulatedLosses2023-07-3113489372core:LandBuildings2024-07-3113489372core:PlantMachinery2024-07-3113489372core:Vehicles2024-07-3113489372core:FurnitureFittings2024-07-3113489372core:OfficeEquipment2024-07-3113489372core:NetGoodwill2024-07-3113489372core:IntangibleAssetsOtherThanGoodwill2024-07-3113489372core:ListedExchangeTraded2024-07-3113489372core:UnlistedNon-exchangeTraded2024-07-3113489372core:LandBuildings2023-07-3113489372core:PlantMachinery2023-07-3113489372core:Vehicles2023-07-3113489372core:FurnitureFittings2023-07-3113489372core:OfficeEquipment2023-07-3113489372core:NetGoodwill2023-07-3113489372core:IntangibleAssetsOtherThanGoodwill2023-07-3113489372core:ListedExchangeTraded2023-07-3113489372core:UnlistedNon-exchangeTraded2023-07-3113489372core:LandBuildings2023-08-012024-07-3113489372core:PlantMachinery2023-08-012024-07-3113489372core:Vehicles2023-08-012024-07-3113489372core:FurnitureFittings2023-08-012024-07-3113489372core:OfficeEquipment2023-08-012024-07-3113489372core:NetGoodwill2023-08-012024-07-3113489372core:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-3113489372core:ListedExchangeTraded2023-08-012024-07-3113489372core:UnlistedNon-exchangeTraded2023-08-012024-07-3113489372core:MoreThanFiveYears2023-08-012024-07-3113489372core:Non-currentFinancialInstruments2024-07-3113489372core:Non-currentFinancialInstruments2023-07-3113489372dpl:CostSales2023-08-012024-07-3113489372dpl:DistributionCosts2023-08-012024-07-3113489372core:LandBuildings2023-08-012024-07-3113489372core:PlantMachinery2023-08-012024-07-3113489372core:Vehicles2023-08-012024-07-3113489372core:FurnitureFittings2023-08-012024-07-3113489372core:OfficeEquipment2023-08-012024-07-3113489372dpl:AdministrativeExpenses2023-08-012024-07-3113489372core:NetGoodwill2023-08-012024-07-3113489372core:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-3113489372dpl:GroupUndertakings2023-08-012024-07-3113489372dpl:ParticipatingInterests2023-08-012024-07-3113489372dpl:GroupUndertakingscore:ListedExchangeTraded2023-08-012024-07-3113489372core:ListedExchangeTraded2023-08-012024-07-3113489372dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-08-012024-07-3113489372core:UnlistedNon-exchangeTraded2023-08-012024-07-3113489372dpl:CostSales2022-08-012023-07-3113489372dpl:DistributionCosts2022-08-012023-07-3113489372core:LandBuildings2022-08-012023-07-3113489372core:PlantMachinery2022-08-012023-07-3113489372core:Vehicles2022-08-012023-07-3113489372core:FurnitureFittings2022-08-012023-07-3113489372core:OfficeEquipment2022-08-012023-07-3113489372dpl:AdministrativeExpenses2022-08-012023-07-3113489372core:NetGoodwill2022-08-012023-07-3113489372core:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3113489372dpl:GroupUndertakings2022-08-012023-07-3113489372dpl:ParticipatingInterests2022-08-012023-07-3113489372dpl:GroupUndertakingscore:ListedExchangeTraded2022-08-012023-07-3113489372core:ListedExchangeTraded2022-08-012023-07-3113489372dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-08-012023-07-3113489372core:UnlistedNon-exchangeTraded2022-08-012023-07-3113489372core:NetGoodwill2024-07-3113489372core:IntangibleAssetsOtherThanGoodwill2024-07-3113489372core:LandBuildings2024-07-3113489372core:PlantMachinery2024-07-3113489372core:Vehicles2024-07-3113489372core:FurnitureFittings2024-07-3113489372core:OfficeEquipment2024-07-3113489372core:AfterOneYear2024-07-3113489372core:WithinOneYear2024-07-3113489372core:ListedExchangeTraded2024-07-3113489372core:UnlistedNon-exchangeTraded2024-07-3113489372core:ShareCapital2024-07-3113489372core:SharePremium2024-07-3113489372core:RevaluationReserve2024-07-3113489372core:OtherReservesSubtotal2024-07-3113489372core:RetainedEarningsAccumulatedLosses2024-07-3113489372core:NetGoodwill2023-07-3113489372core:IntangibleAssetsOtherThanGoodwill2023-07-3113489372core:LandBuildings2023-07-3113489372core:PlantMachinery2023-07-3113489372core:Vehicles2023-07-3113489372core:FurnitureFittings2023-07-3113489372core:OfficeEquipment2023-07-3113489372core:AfterOneYear2023-07-3113489372core:WithinOneYear2023-07-3113489372core:ListedExchangeTraded2023-07-3113489372core:UnlistedNon-exchangeTraded2023-07-3113489372core:ShareCapital2023-07-3113489372core:SharePremium2023-07-3113489372core:RevaluationReserve2023-07-3113489372core:OtherReservesSubtotal2023-07-3113489372core:RetainedEarningsAccumulatedLosses2023-07-3113489372core:NetGoodwill2022-08-0113489372core:IntangibleAssetsOtherThanGoodwill2022-08-0113489372core:LandBuildings2022-08-0113489372core:PlantMachinery2022-08-0113489372core:Vehicles2022-08-0113489372core:FurnitureFittings2022-08-0113489372core:OfficeEquipment2022-08-0113489372core:AfterOneYear2022-08-0113489372core:WithinOneYear2022-08-0113489372core:ListedExchangeTraded2022-08-0113489372core:UnlistedNon-exchangeTraded2022-08-0113489372core:ShareCapital2022-08-0113489372core:SharePremium2022-08-0113489372core:RevaluationReserve2022-08-0113489372core:OtherReservesSubtotal2022-08-0113489372core:RetainedEarningsAccumulatedLosses2022-08-0113489372core:AfterOneYear2023-08-012024-07-3113489372core:WithinOneYear2023-08-012024-07-3113489372core:Non-currentFinancialInstrumentscore:CostValuation2023-08-012024-07-3113489372core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-08-012024-07-3113489372core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-08-012024-07-3113489372core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-08-012024-07-3113489372core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-08-012024-07-3113489372core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-08-012024-07-3113489372core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-08-012024-07-3113489372core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-08-012024-07-3113489372core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-08-012024-07-3113489372core:Non-currentFinancialInstrumentscore:CostValuation2024-07-3113489372core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-07-3113489372core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-07-3113489372core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-07-3113489372core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-07-3113489372core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-07-3113489372core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-07-3113489372core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-07-3113489372core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-07-3113489372core:Non-currentFinancialInstrumentscore:CostValuation2023-07-3113489372core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-07-3113489372core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-07-3113489372core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-07-3113489372core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-07-3113489372core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-07-3113489372core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-07-3113489372core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-07-3113489372core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-07-3113489372bus:Director12023-08-012024-07-3113489372bus:Director22023-08-012024-07-31

RECREO VR LTD

Registered Number
13489372
(England and Wales)

Unaudited Financial Statements for the Year ended
31 July 2024

RECREO VR LTD
Company Information
for the year from 1 August 2023 to 31 July 2024

Directors

LANCASTER, Alexander Richard
ROOKER, Samuel James

Registered Address

Unit 8, Market Weighton Business Centre Becklands Park Industrial Estate, York Road
Market Weighton
York
YO43 3GL

Registered Number

13489372 (England and Wales)
RECREO VR LTD
Balance Sheet as at
31 July 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets322,3918,408
22,3918,408
Current assets
Debtors43,1872,185
Cash at bank and on hand7,58810,728
10,77512,913
Creditors amounts falling due within one year5(3,458)(4,198)
Net current assets (liabilities)7,3178,715
Total assets less current liabilities29,70817,123
Creditors amounts falling due after one year6(3,538)(25,000)
Net assets26,170(7,877)
Capital and reserves
Called up share capital120120
Profit and loss account26,050(7,997)
Shareholders' funds26,170(7,877)
The financial statements were approved and authorised for issue by the Board of Directors on 14 October 2024, and are signed on its behalf by:
LANCASTER, Alexander Richard
Director
ROOKER, Samuel James
Director

Registered Company No. 13489372
RECREO VR LTD
Notes to the Financial Statements
for the year ended 31 July 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)
Plant and machinery20
Office Equipment20
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Share capital
Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.
2.Average number of employees

20242023
Average number of employees during the year22
3.Tangible fixed assets

Plant & machinery

Office Equipment

Total

£££
Cost or valuation
At 01 August 23-10,92410,924
Additions15,6941,88917,583
At 31 July 2415,69412,81328,507
Depreciation and impairment
At 01 August 23-2,5162,516
Charge for year1,7441,8563,600
At 31 July 241,7444,3726,116
Net book value
At 31 July 2413,9508,44122,391
At 31 July 23-8,4088,408
4.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables3,108-
Other debtors792,185
Total3,1872,185
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables231,319
Bank borrowings and overdrafts4042,118
Taxation and social security3,031761
Total3,4584,198
6.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts3,53825,000
Total3,53825,000
7.Share capital
120 ordinary shares