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REGISTERED NUMBER: 09084069 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

AUTHENTIC RECLAMATION LTD

AUTHENTIC RECLAMATION LTD (REGISTERED NUMBER: 09084069)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AUTHENTIC RECLAMATION LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: D K Smith
S Bateman
B Smith





REGISTERED OFFICE: Suite 21 10 Churchill Square
Kings Hill
West Malling
Kent
ME19 4YU





REGISTERED NUMBER: 09084069 (England and Wales)





ACCOUNTANTS: The Accountancy Practice Ltd
10 Churchill Square
Kings Hill
West Malling
Kent
ME19 5YU

AUTHENTIC RECLAMATION LTD (REGISTERED NUMBER: 09084069)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 168,064 142,927

CURRENT ASSETS
Stocks 275,000 250,250
Debtors 5 6,665 4,702
Cash at bank and in hand 126,767 120,913
408,432 375,865
CREDITORS
Amounts falling due within one year 6 214,977 136,877
NET CURRENT ASSETS 193,455 238,988
TOTAL ASSETS LESS CURRENT
LIABILITIES

361,519

381,915

CREDITORS
Amounts falling due after more than one
year

7

11,666

21,667
NET ASSETS 349,853 360,248

CAPITAL AND RESERVES
Called up share capital 908 908
Retained earnings 348,945 359,340
SHAREHOLDERS' FUNDS 349,853 360,248

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

AUTHENTIC RECLAMATION LTD (REGISTERED NUMBER: 09084069)

BALANCE SHEET - continued
31 MARCH 2024


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 25 November 2024 and were signed on its behalf by:




D K Smith - Director



B Smith - Director


AUTHENTIC RECLAMATION LTD (REGISTERED NUMBER: 09084069)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Authentic Reclamation Ltd 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.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 10 ) .

AUTHENTIC RECLAMATION LTD (REGISTERED NUMBER: 09084069)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 145,395 9,148 156,633 12,986 324,162
Additions 247 - 80,910 - 81,157
At 31 March 2024 145,642 9,148 237,543 12,986 405,319
DEPRECIATION
At 1 April 2023 82,848 5,844 82,425 10,118 181,235
Charge for year 15,698 826 38,779 717 56,020
At 31 March 2024 98,546 6,670 121,204 10,835 237,255
NET BOOK VALUE
At 31 March 2024 47,096 2,478 116,339 2,151 168,064
At 31 March 2023 62,547 3,304 74,208 2,868 142,927

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 6,665 4,702

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 71,841 38,491
Trade creditors 31,104 11,369
Taxation and social security 76,068 71,068
Other creditors 25,964 5,949
214,977 136,877

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 11,666 21,667