IRIS Accounts Production v24.3.0.553 14012384 Board of Directors 1.4.23 31.3.24 31.3.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh140123842023-03-31140123842024-03-31140123842023-04-012024-03-31140123842022-03-29140123842022-03-302023-03-31140123842023-03-3114012384ns15:EnglandWales2023-04-012024-03-3114012384ns14:PoundSterling2023-04-012024-03-3114012384ns10:Director12023-04-012024-03-3114012384ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3114012384ns10:SmallEntities2023-04-012024-03-3114012384ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3114012384ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3114012384ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3114012384ns10:AbridgedAccounts2023-04-012024-03-3114012384ns10:Director22023-04-012024-03-3114012384ns10:RegisteredOffice2023-04-012024-03-3114012384ns5:CurrentFinancialInstruments2024-03-3114012384ns5:CurrentFinancialInstruments2023-03-3114012384ns5:ShareCapital2024-03-3114012384ns5:ShareCapital2023-03-3114012384ns5:RetainedEarningsAccumulatedLosses2024-03-3114012384ns5:RetainedEarningsAccumulatedLosses2023-03-3114012384ns5:ComputerEquipment2023-04-012024-03-31
REGISTERED NUMBER: 14012384 (England and Wales)















RETAIL CONNEXIONS LTD

Unaudited Financial Statements

For The Year Ended 31 March 2024






RETAIL CONNEXIONS LTD (REGISTERED NUMBER: 14012384)

Contents of the Financial Statements
For The Year Ended 31 March 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


RETAIL CONNEXIONS LTD

Company Information
For The Year Ended 31 March 2024







DIRECTORS: Mrs P Field
C S Field





REGISTERED OFFICE: Tullaghmore
Waldron
Heathfield
East Sussex
TN21 0SB





REGISTERED NUMBER: 14012384 (England and Wales)





ACCOUNTANTS: Hilden Park Accountants Limited
Hilden Park House
79 Tonbridge Road
Hildenborough
Tonbridge
Kent
TN11 9BH

RETAIL CONNEXIONS LTD (REGISTERED NUMBER: 14012384)

Abridged Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,531 -

CURRENT ASSETS
Debtors 14,060 25,215
Cash at bank 108,358 37,323
122,418 62,538
CREDITORS
Amounts falling due within one year 19,551 11,863
NET CURRENT ASSETS 102,867 50,675
TOTAL ASSETS LESS CURRENT
LIABILITIES

104,398

50,675

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 104,298 50,575
104,398 50,675

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.

RETAIL CONNEXIONS LTD (REGISTERED NUMBER: 14012384)

Abridged 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 26 November 2024 and were signed on its behalf by:





Mrs P Field - Director


RETAIL CONNEXIONS LTD (REGISTERED NUMBER: 14012384)

Notes to the Financial Statements
For The Year Ended 31 March 2024


1. STATUTORY INFORMATION

Retail Connexions 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Due to the extended accounting period in the previous period, the comparative amounts presented in the financial statements (including the related notes) are not entirely comparable.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added tax, from the provision of media representation services provided during the period. Turnover is recognised according to the stage of completion of the contract to which it relates. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 20% 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.

RETAIL CONNEXIONS LTD (REGISTERED NUMBER: 14012384)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2024


3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
Additions 1,914
At 31 March 2024 1,914
DEPRECIATION
Charge for year 383
At 31 March 2024 383
NET BOOK VALUE
At 31 March 2024 1,531