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Company Registration No. 14206558 (England and Wales)
RESPUBLICA LTD Unaudited accounts for the year ended 31 December 2024
RESPUBLICA LTD Unaudited accounts Contents
Page
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RESPUBLICA LTD Company Information for the year ended 31 December 2024
Directors
Suraj Sharma Victoria Louise Sharma
Company Number
14206558 (England and Wales)
Registered Office
207 Regent Street London W1B 3HH England
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RESPUBLICA LTD Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,253,111 
802,114 
Current assets
Inventories
809 
809 
Debtors
6,565 
24,745 
Cash at bank and in hand
202,259 
15,198 
209,633 
40,752 
Creditors: amounts falling due within one year
(16,812)
(318,011)
Net current assets/(liabilities)
192,821 
(277,259)
Total assets less current liabilities
1,445,932 
524,855 
Creditors: amounts falling due after more than one year
(977,437)
(522,933)
Net assets
468,495 
1,922 
Capital and reserves
Called up share capital
1,020 
1,020 
Revaluation reserve
435,000 
- 
Profit and loss account
32,475 
902 
Shareholders' funds
468,495 
1,922 
For the year ending 31 December 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 7 January 2024 and were signed on its behalf by
Suraj Sharma Director Company Registration No. 14206558
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RESPUBLICA LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
RESPUBLICA LTD is a private company, limited by shares, registered in England and Wales, registration number 14206558. The registered office is 207 Regent Street, London, W1B 3HH, England.
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.
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:
Computer equipment
33.33% on cost
Presentation currency
The accounts are presented in £ sterling.
Turnover
The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts.
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At valuation 
At cost 
At cost 
At 1 January 2024
801,509 
- 
985 
802,494 
Additions
4,077 
10,029 
5,858 
19,964 
Revaluations
435,000 
- 
- 
435,000 
At 31 December 2024
1,240,586 
10,029 
6,843 
1,257,458 
Depreciation
At 1 January 2024
- 
- 
380 
380 
Charge for the year
- 
2,010 
1,957 
3,967 
At 31 December 2024
- 
2,010 
2,337 
4,347 
Net book value
At 31 December 2024
1,240,586 
8,019 
4,506 
1,253,111 
At 31 December 2023
801,509 
- 
605 
802,114 
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RESPUBLICA LTD Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
4,964 
- 
Other debtors
1,601 
24,745 
6,565 
24,745 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
2,901 
300,000 
Trade creditors
348 
6,261 
Taxes and social security
13,563 
11,750 
16,812 
318,011 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
550,000 
- 
Other creditors
427,437 
522,933 
977,437 
522,933 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares (Class A) of £1 each
1,000 
1,000 
20 Ordinary shares (Class B) of £1 each
20 
20 
1,020 
1,020 
9
Average number of employees
During the year the average number of employees was 6 (2023: 1).
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