REACTIVE SYSTEMS LTD

Company Registration Number:
11154890 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 1 February 2023

End date: 31 January 2024

REACTIVE SYSTEMS LTD

Contents of the Financial Statements

for the Period Ended 31 January 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

REACTIVE SYSTEMS LTD

Profit And Loss Account

for the Period Ended 31 January 2024

2024 2023


£

£
Turnover: 21,485,152 14,958,557
Cost of sales: ( 20,966,326 ) ( 13,612,286 )
Gross profit(or loss): 518,826 1,346,271
Distribution costs: ( 50,620 ) ( 234,337 )
Administrative expenses: ( 210,520 ) ( 624,401 )
Operating profit(or loss): 257,686 487,533
Profit(or loss) before tax: 257,686 487,533
Profit(or loss) for the financial year: 257,686 487,533

REACTIVE SYSTEMS LTD

Balance sheet

As at 31 January 2024

Notes 2024 2023


£

£
Called up share capital not paid: 4,500 3,000
Fixed assets
Intangible assets: 3 225,430 175,834
Tangible assets: 4 1,070,046 244,251
Investments: 5 55,791 38,765
Total fixed assets: 1,351,267 458,850
Current assets
Stocks: 6 201,344 18,024
Debtors: 7 159,229 18,878
Cash at bank and in hand: 556,723 955,698
Total current assets: 917,296 992,600
Prepayments and accrued income: 5,834 3,800
Creditors: amounts falling due within one year: 8 ( 223,456 ) ( 6,060 )
Net current assets (liabilities): 699,674 990,340
Total assets less current liabilities: 2,055,441 1,452,190
Creditors: amounts falling due after more than one year: 9 ( 571,334 ) ( 682,689 )
Provision for liabilities: ( 34,668 ) ( 22,624 )
Total net assets (liabilities): 1,449,439 746,877
Capital and reserves
Called up share capital: 4,000 3,500
Other reserves: 1,187,753 255,844
Profit and loss account: 257,686 487,533
Total Shareholders' funds: 1,449,439 746,877

The notes form part of these financial statements

REACTIVE SYSTEMS LTD

Balance sheet statements

For the year ending 31 January 2024 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.

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 5 October 2024
and signed on behalf of the board by:

Name: Waseer Ahmed Aslam
Status: Director

The notes form part of these financial statements

REACTIVE SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 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

    Turnover policy

    Revenue is Recognised When it is Probable that Its Economic Benefits associated with tranactions will flow to company and the amount of revenue and associated cost can reliably measured.

    Tangible fixed assets depreciation policy

    Assets should be depreciated at 10 % Reducing balance Method.

    Other accounting policies

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

REACTIVE SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 17 11

REACTIVE SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 February 2023 175,834 0 175,834
Additions 49,596 0 49,596
Disposals
Revaluations
Transfers
At 31 January 2024 225,430 0 225,430
Amortisation
At 1 February 2023 0 0 0
Charge for year
On disposals
Other adjustments
At 31 January 2024 0 0 0
Net book value
At 31 January 2024 225,430 0 225,430
At 31 January 2023 175,834 0 175,834

REACTIVE SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2023 0 95,568 60,865 87,818 0 244,251
Additions 426,598 55,945 267,831 75,421 825,795
Disposals
Revaluations
Transfers
At 31 January 2024 426,598 151,513 328,696 163,239 0 1,070,046
Depreciation
At 1 February 2023 0 0 0 0 0 0
Charge for year 0 0 0 0 0
On disposals
Other adjustments
At 31 January 2024 0 0 0 0 0 0
Net book value
At 31 January 2024 426,598 151,513 328,696 163,239 0 1,070,046
At 31 January 2023 0 95,568 60,865 87,818 0 244,251

REACTIVE SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Fixed assets investments note

Computers, Scanners, Printers, Mobiles, Furniture, Fans, Heater, Air Conditioner, Car, Soft Switches.

REACTIVE SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

6. Stocks

2024 2023
£ £
Stocks 201,344 18,024
Total 201,344 18,024

REACTIVE SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

7. Debtors

2024 2023
£ £
Trade debtors 159,229 18,878
Total 159,229 18,878

REACTIVE SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

8. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 223,456 6,060
Total 223,456 6,060

REACTIVE SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

9. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Other creditors 571,334 682,689
Total 571,334 682,689