Registered number: 07021631 | ||||||||
FOR THE YEAR ENDED 28 FEBRUARY 2024 | ||||||||
Prepared By: | ||||||||
Willow Accounting & Consultancy | ||||||||
Chartered Certified Accountants | ||||||||
47a Commercial Road | ||||||||
Poole | ||||||||
Dorset | ||||||||
BH14 0HU |
Reefdene Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 28 FEBRUARY 2024 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
Dorset | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 07021631 | ||||||||
ACCOUNTANTS | ||||||||
Willow Accounting & Consultancy | ||||||||
Chartered Certified Accountants | ||||||||
47a Commercial Road | ||||||||
Poole | ||||||||
Dorset | ||||||||
BH14 0HU |
Reefdene Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED28 FEBRUARY 2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Reefdene Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 | |||||||||
CURRENT ASSETS | ||||||||||
Stock | ||||||||||
Cash at bank and in hand | ||||||||||
1,678,438 | 1,678,390 | |||||||||
CREDITORS: Amounts falling due within one year | 4 | |||||||||
NET CURRENT LIABILITIES | ( | (2,688,193) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ( | ( | ||||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 6 | |||||||||
NET LIABILITIES | ( | ( | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 | |||||||||
Profit and loss account | (2,857,356) | (2,645,819) | ||||||||
SHAREHOLDERS' FUNDS | ( | ( | ||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Reefdene Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 28 FEBRUARY 2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Going Concern | ||||||||
These financial statements have been prepared on the going concern basis. Assurances have been received from the director/shareholder of his continuing financial support. |
1c. Depreciation | ||||||||
Long Leasehold Properties | straight line 0.95% |
1d. Stocks | ||||||||
Stock and work in progress are valued at the lower of cost, including conversion costs, and net realisable value. |
2. TANGIBLE FIXED ASSETS | ||||
Long Leasehold | ||||
Properties | Total | |||
£ | £ | |||
Cost | ||||
At 1 March 2023 | 151,078 | 151,078 | ||
At 28 February 2024 | 151,078 | 151,078 | ||
Depreciation | ||||
At 1 March 2023 | 8,653 | 8,653 | ||
For the year | 1,453 | 1,453 | ||
At 28 February 2024 | 10,106 | 10,106 | ||
Net Book Amounts | ||||
At 28 February 2024 | 140,972 | 140,972 | ||
At 28 February 2023 | 142,425 | 142,425 | ||
Reefdene Limited | ||||||||
3. STOCK | 2024 | 2023 | ||||
£ | £ | |||||
Stock comprises: | ||||||
Stock | ||||||
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
VAT | 1,673 | 1,698 | ||||||
Trade creditors | 300 | 2,169 | ||||||
Accruals | 1,875 | 1,875 | ||||||
Loans | 4,572,867 | 4,360,841 | ||||||
4,576,715 | 4,366,583 | |||||||
5. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | - | |||||
6. PROVISIONS FOR LIABILITIES | 2024 | 2023 | ||||||
£ | £ | |||||||
Other provisions | 100,050 | 100,050 | ||||||
100,050 | 100,050 | |||||||
Payment of the provision is contingent on the occurrence of a specific future event. | ||||||||
7. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
1 | 1 | |||||||
1 | 1 | |||||||
Reefdene Limited | ||||||||
8. CONTROLLING PARTY | ||||||||
The company is controlled by Nick Jenkins. | ||||||||