Rezcom Holdings Limited Filleted Accounts Cover
Rezcom Holdings Limited
Company No. 12440927
Information for Filing with The Registrar
29 February 2024
Rezcom Holdings Limited Balance Sheet Registrar
at
29 February 2024
Company No.
12440927
Notes
2024
2023
£
£
Fixed assets
Tangible assets
4
3,3764,209
Investment property
5
210,438210,438
213,814214,647
Current assets
Debtors
6
-531
Cash at bank and in hand
10,623591
10,6231,122
Creditors: Amount falling due within one year
7
(6,985)
(6,984)
Net current assets/(liabilities)
3,638
(5,862)
Total assets less current liabilities
217,452208,785
Creditors: Amounts falling due after more than one year
8
(222,321)
(222,821)
Net liabilities
(4,869)
(14,036)
Capital and reserves
Called up share capital
11
Profit and loss account
10
(4,870)
(14,037)
Total equity
(4,869)
(14,036)
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 29 February 2024 the company was entitled to exemption from audit 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 26 November 2024 and signed on its behalf by:
A. Omeltschenko
Director
26 November 2024
Rezcom Holdings Limited Notes to the Accounts Registrar
for the year ended 29 February 2024
1
General information
Rezcom Holdings Limited is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 12440927
Its registered office is:
108 Parkfield Road North
Manchester
M40 3RQ
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Tangible fixed assets and depreciation
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:
Furniture, fittings and equipment
25% Straight Line
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Freehold investment property
Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.
3
Employees
2024
2023
Number
Number
The average monthly number of employees (including directors) during the year was:
11
4
Tangible fixed assets
Fixtures, fittings and equipment
Total
£
£
Cost or revaluation
At 1 March 2023
4,3134,313
At 29 February 2024
4,3134,313
Depreciation
At 1 March 2023
104104
Charge for the year
833833
At 29 February 2024
937937
Net book values
At 29 February 2024
3,3763,376
At 28 February 2023
4,209
4,209
5
Investment property
Freehold Investment Property
£
Valuation
At 1 March 2023
210,438
At 29 February 2024
210,438
The property was valued by the director on 28 February 2024.
6
Debtors
2024
2023
£
£
Prepayments and accrued income
-531
-531
7
Creditors:
amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
5,9855,985
Accruals and deferred income
1,000999
6,9856,984
8
Creditors:
amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
144,011144,511
Other creditors
78,31078,310
222,321222,821
Liabilities repayable in more than five years after the balance sheet date
Amount repayable by instalments
108,601
114,586
108,601114,586
9
Creditors: secured liabilities
2024
2023
£
£
The aggregate amount of secured liabilities included within creditors
149,996150,496
The loan is secured by a charge dated 13 May 2022 over the property held within the company's assets
10
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
Rezcom Holdings Limited1244092729 February 202401 March 2023false26 November 2024BTCSoftware AP Solution 2024 11.1.0711.1.07true124409272023-03-012024-02-29124409272024-02-29124409272023-02-2812440927core:WithinOneYear2024-02-2912440927core:WithinOneYear2023-02-2812440927core:AfterOneYear2024-02-2912440927core:AfterOneYear2023-02-2812440927core:ShareCapital2024-02-2912440927core:ShareCapital2023-02-2812440927core:RetainedEarningsAccumulatedLosses2024-02-2912440927core:RetainedEarningsAccumulatedLosses2023-02-2812440927countries:UnitedKingdom2023-03-012024-02-2912440927bus:RegisteredOffice2023-03-012024-02-2912440927core:FurnitureFittingsToolsEquipment2023-03-012024-02-29124409272022-03-012023-02-2812440927core:FurnitureFittingsToolsEquipment2023-03-01124409272023-03-0112440927core:FurnitureFittingsToolsEquipment2024-02-2912440927core:FreeholdInvestmentProperty2023-03-0112440927core:FreeholdInvestmentProperty2024-02-2912440927core:MoreThanFiveYears2024-02-2912440927core:MoreThanFiveYears2023-02-2812440927core:Secured2024-02-2912440927core:Secured2023-02-2812440927core:RetainedEarningsAccumulatedLosses2023-03-012024-02-2912440927bus:SmallEntities2023-03-012024-02-2912440927bus:FullAccounts2023-03-012024-02-2912440927bus:AuditExempt-NoAccountantsReport2023-03-012024-02-2912440927bus:Director12023-03-012024-02-2912440927bus:PrivateLimitedCompanyLtd2023-03-012024-02-29iso4217:GBPxbrli:pure