IRIS Accounts Production v24.1.0.578 10651765 Board of Directors Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh106517652023-03-31106517652024-03-31106517652023-04-012024-03-31106517652022-03-31106517652022-04-012023-03-31106517652023-03-3110651765ns15:EnglandWales2023-04-012024-03-3110651765ns14:PoundSterling2023-04-012024-03-3110651765ns10:Director12023-04-012024-03-3110651765ns10:Director22023-04-012024-03-3110651765ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3110651765ns10:SmallEntities2023-04-012024-03-3110651765ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3110651765ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3110651765ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3110651765ns10:FullAccounts2023-04-012024-03-3110651765ns10:RegisteredOffice2023-04-012024-03-3110651765ns5:CurrentFinancialInstruments2024-03-3110651765ns5:CurrentFinancialInstruments2023-03-3110651765ns5:Non-currentFinancialInstruments2024-03-3110651765ns5:Non-currentFinancialInstruments2023-03-3110651765ns5:ShareCapital2024-03-3110651765ns5:ShareCapital2023-03-3110651765ns5:RetainedEarningsAccumulatedLosses2024-03-3110651765ns5:RetainedEarningsAccumulatedLosses2023-03-3110651765ns5:PlantMachinery2023-03-3110651765ns5:PlantMachinery2023-04-012024-03-3110651765ns5:PlantMachinery2024-03-3110651765ns5:PlantMachinery2023-03-3110651765ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3110651765ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
















REKAM LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






REKAM LTD (REGISTERED NUMBER: 10651765)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


REKAM LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: K Singara
Mrs R L Singara





REGISTERED OFFICE: 188 Station Road
Harrow
Harrow
Middlesex
HA1 2RH





REGISTERED NUMBER: 10651765 (England and Wales)





ACCOUNTANTS: Vinney Ross & Co Ltd
Office on the Hill, Suite 5
37 Stanmore Hill
Stanmore
Middlesex
HA7 3DS

REKAM LTD (REGISTERED NUMBER: 10651765)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 53,465 35,129

CURRENT ASSETS
Stocks 34,850 18,550
Debtors 5 8,007 8,007
Cash at bank and in hand 7,060 6,815
49,917 33,372
CREDITORS
Amounts falling due within one year 6 1,610 31,409
NET CURRENT ASSETS 48,307 1,963
TOTAL ASSETS LESS CURRENT
LIABILITIES

101,772

37,092

CREDITORS
Amounts falling due after more
than one year

7

47,139

-
NET ASSETS 54,633 37,092

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 54,533 36,992
SHAREHOLDERS' FUNDS 54,633 37,092

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

REKAM LTD (REGISTERED NUMBER: 10651765)

BALANCE SHEET - continued
31 MARCH 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2024 and were signed on its behalf by:




K Singara - Director



Mrs R L Singara - Director


REKAM LTD (REGISTERED NUMBER: 10651765)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Rekam Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 2 ) .

REKAM LTD (REGISTERED NUMBER: 10651765)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 63,657
Additions 36,158
At 31 March 2024 99,815
DEPRECIATION
At 1 April 2023 28,528
Charge for year 17,822
At 31 March 2024 46,350
NET BOOK VALUE
At 31 March 2024 53,465
At 31 March 2023 35,129

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 8,007 8,007

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1 3,002
Taxation and social security 1,584 8,088
Other creditors 25 20,319
1,610 31,409

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 47,139 -

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 47,139 -