Company Registration No. 07415382 (England and Wales)
Re-worked Limited
Unaudited accounts
for the year ended 31 March 2024
Re-worked Limited
Unaudited accounts
Contents
Re-worked Limited
Company Information
for the year ended 31 March 2024
Directors
Adam Fairweather
Rosalie McMillan
John Hinnigan
Colin Nunn
Company Number
07415382 (England and Wales)
Registered Office
Re Worked Ltd
Kingsway
Fforestfach
Swansea
West Glamorgan
SA5 4DL
Wales
Accountants
SA Ledgers Ltd
57 Canbury Park Road
Kingston
KT2 6LQ
Re-worked Limited
Statement of financial position
as at 31 March 2024
Intangible assets
666
4,293
Tangible assets
1,538,048
1,690,309
Inventories
563,457
504,961
Cash at bank and in hand
427,867
943,743
Creditors: amounts falling due within one year
(331,278)
(368,672)
Net current assets
799,228
1,282,894
Total assets less current liabilities
2,337,942
2,977,496
Creditors: amounts falling due after more than one year
(361,040)
(433,724)
Net assets
1,976,902
2,543,772
Called up share capital
13,304
13,304
Share premium
1,865,200
1,865,200
Profit and loss account
98,398
665,268
Shareholders' funds
1,976,902
2,543,772
For the year ending 31 March 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 November 2024 and were signed on its behalf by
Rosalie McMillan
Director
Company Registration No. 07415382
Re-worked Limited
Notes to the Accounts
for the year ended 31 March 2024
Re-worked Limited is a private company, limited by shares, registered in England and Wales, registration number 07415382. The registered office is Re Worked Ltd, Kingsway, Fforestfach, Swansea, West Glamorgan, SA5 4DL, Wales.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Re-worked Limited
Notes to the Accounts
for the year ended 31 March 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2023
1,097,204
865,485
94,826
19,957
2,077,472
Additions
21,810
49,103
-
329
71,242
At 31 March 2024
1,119,014
914,588
94,826
20,286
2,148,714
At 1 April 2023
11,395
350,070
11,568
14,130
387,163
Charge for the year
28,383
173,531
18,965
2,624
223,503
At 31 March 2024
39,778
523,601
30,533
16,754
610,666
At 31 March 2024
1,079,236
390,987
64,293
3,532
1,538,048
At 31 March 2023
1,085,809
515,415
83,258
5,827
1,690,309
Amounts falling due within one year
Trade debtors
40,316
160,302
Accrued income and prepayments
6,289
7,018
Other debtors
92,577
35,542
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
106,091
95,480
Taxes and social security
20,572
28,502
Other creditors
96,810
96,761
Deferred income
51,836
95,962
8
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
361,040
433,724
9
Average number of employees
During the year the average number of employees was 22 (2023: 28).