07021631falsethat of property development2023-03-012024-02-28http://www.companieshouse.gov.uk/2023-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2023-02-28http://www.companieshouse.gov.uk/cd:Director12023-03-012024-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2024-02-28http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-03-012024-02-28http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-03-012024-02-28http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-03-012024-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-02-28http://www.companieshouse.gov.uk/2023-03-012024-02-28http://www.companieshouse.gov.uk/2023-02-28http://www.companieshouse.gov.uk/cd:FRS1022023-03-012024-02-28http://www.companieshouse.gov.uk/2024-02-28http://www.companieshouse.gov.uk/cd:FullAccounts2023-03-012024-02-28http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-03-012024-02-28iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 07021631

Reefdene Limited

ACCOUNTS
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
Nick Jenkins
REGISTERED OFFICE
15 Bernards Close
Christchurch
Dorset
BH23 2EH
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 Sheet3
Notes To The Accounts4
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 28 February 2024
20242023
Notes££
FIXED ASSETS
Tangible assets2140,972142,425
CURRENT ASSETS
Stock1,677,6371,677,637
Cash at bank and in hand801753
1,678,4381,678,390
CREDITORS: Amounts falling due within one year44,576,7154,366,583
NET CURRENT LIABILITIES(2,898,277)(2,688,193)
TOTAL ASSETS LESS CURRENT LIABILITIES(2,757,305)(2,545,768)
PROVISIONS FOR LIABILITIES AND CHARGES6100,050100,050
NET LIABILITIES(2,857,355)(2,645,818)
CAPITAL AND RESERVES
Called up share capital711
Profit and loss account(2,857,356)(2,645,819)
SHAREHOLDERS' FUNDS(2,857,355)(2,645,818)
For the year ending 28 February 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 18 November 2024 and signed on their behalf by
.............................
Nick Jenkins
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
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Long Leasehold Propertiesstraight 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
PropertiesTotal
££
Cost
At 1 March 2023151,078151,078
At 28 February 2024151,078151,078
Depreciation
At 1 March 20238,6538,653
For the year1,4531,453
At 28 February 202410,10610,106
Net Book Amounts
At 28 February 2024140,972140,972
At 28 February 2023142,425142,425

Reefdene Limited

3. STOCK 20242023
££
Stock comprises:
Stock1,677,6371,677,637
1,677,6371,677,637
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
VAT1,6731,698
Trade creditors3002,169
Accruals1,8751,875
Loans4,572,8674,360,841
4,576,7154,366,583
5. EMPLOYEES
20242023
No.No.
Average number of employees--
6. PROVISIONS FOR LIABILITIES 20242023
££
Other provisions100,050100,050
100,050100,050
Payment of the provision is contingent on the occurrence of a specific future event.
7. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
1 Ordinary shares of £1 each11
11

Reefdene Limited

8. CONTROLLING PARTY
The company is controlled by Nick Jenkins.