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Company Registration No. 06201195 (England and Wales)
REACT - ACTING FOR BUSINESS LTD Unaudited accounts for the year ended 31 March 2024
REACT - ACTING FOR BUSINESS LTD Unaudited accounts Contents
Page
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REACT - ACTING FOR BUSINESS LTD Company Information for the year ended 31 March 2024
Directors
Miles Andrew Cherry Rochelle Susan Cherry Adrian Cook
Secretary
Anthony John Cherry
Company Number
06201195 (England and Wales)
Registered Office
1 Holywell Hill St Albans Herts AL1 1ER
Accountants
Sandeep Madlani (FCCA) Prism Accountancy Chartered Certified Accountants 16 Rickmansworth Road, Pinner Middlesex HA5 3TG
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REACT - ACTING FOR BUSINESS LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
(2,365)
1,736 
Current assets
Inventories
44,965 
62,990 
Debtors
399,747 
274,967 
Cash at bank and in hand
585,869 
686,136 
1,030,581 
1,024,093 
Creditors: amounts falling due within one year
(242,593)
(223,139)
Net current assets
787,988 
800,954 
Total assets less current liabilities
785,623 
802,690 
Creditors: amounts falling due after more than one year
(108,013)
(167,105)
Net assets
677,610 
635,585 
Capital and reserves
Called up share capital
2 
2 
Share premium
5,000 
5,000 
Profit and loss account
672,608 
630,583 
Shareholders' funds
677,610 
635,585 
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 24 December 2024 and were signed on its behalf by
Miles Andrew Cherry Director Company Registration No. 06201195
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REACT - ACTING FOR BUSINESS LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
REACT - ACTING FOR BUSINESS LTD is a private company, limited by shares, registered in England and Wales, registration number 06201195. The registered office is 1 Holywell Hill, St Albans, Herts, AL1 1ER.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
20% on cost
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2023
20,505 
At 31 March 2024
20,505 
Depreciation
At 1 April 2023
18,769 
Charge for the year
4,101 
At 31 March 2024
22,870 
Net book value
At 31 March 2024
(2,365)
At 31 March 2023
1,736 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
362,422 
207,642 
Other debtors
37,325 
67,325 
399,747 
274,967 
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REACT - ACTING FOR BUSINESS LTD Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
35,807 
45,642 
Trade creditors
129,737 
132,356 
Taxes and social security
37,338 
21,430 
Loans from directors
10,190 
10,190 
Accruals
29,521 
13,521 
242,593 
223,139 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
108,013 
167,105 
8
Average number of employees
During the year the average number of employees was 8 (2023: 9).
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