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REGISTERED NUMBER: 04624813 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Reactor Limited

Reactor Limited (Registered number: 04624813)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Reactor Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: G.S Hodgson





REGISTERED OFFICE: 15 Peacock House
38 St Giles Road
London
SE5 7RG





REGISTERED NUMBER: 04624813 (England and Wales)





ACCOUNTANTS: Thornton Springer LLP
Chartered Accountants
67 Westow Street
London
SE19 3RW

Reactor Limited (Registered number: 04624813)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £   
FIXED ASSETS
Tangible assets 5 535 643
Investments 6 100,000 100,000
Investment property 7 166,000 166,000
266,535 266,643

CURRENT ASSETS
Debtors 8 3,469 3,422
Investments 9 65,000 65,000
Cash at bank 52,399 104,029
120,868 172,451
CREDITORS
Amounts falling due within one year 10 (166,092 ) (176,528 )
NET CURRENT LIABILITIES (45,224 ) (4,077 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

221,311

262,566

PROVISIONS FOR LIABILITIES (15,943 ) (15,943 )
NET ASSETS 205,368 246,623

CAPITAL AND RESERVES
Called up share capital 100 100
Non distributable reserves 80,919 80,919
Retained earnings 124,349 165,604
SHAREHOLDERS' FUNDS 205,368 246,623

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Reactor Limited (Registered number: 04624813)

Balance Sheet - continued
30 April 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 director and authorised for issue on 25 December 2024 and were signed by:





G.S Hodgson - Director


Reactor Limited (Registered number: 04624813)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Reactor Limited 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. STATEMENT OF COMPLIANCE

This is the first year of adoption of FRS102 section 1A. The transitional adjustments are included in the notes to the financial statements.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the recognition of certain financial assets and liabilities measured at fair value.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Investments in associates
Investments in associate undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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

Deferred tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the balance sheet date that are expected to apply to the reversal of the timing difference.

Reactor Limited (Registered number: 04624813)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023
and 30 April 2024 6,196
DEPRECIATION
At 1 May 2023 5,553
Charge for year 108
At 30 April 2024 5,661
NET BOOK VALUE
At 30 April 2024 535
At 30 April 2023 643

6. FIXED ASSET INVESTMENTS
Investment
in
Partnership
£   
COST
At 1 May 2023
and 30 April 2024 100,000
NET BOOK VALUE
At 30 April 2024 100,000
At 30 April 2023 100,000

7. INVESTMENT PROPERTY

Investment properties are initially recognised at cost which includes purchase cost and any directly attributable expenditure. Investment properties are measured at fair value. The surplus or deficit arising on the revaluation of investment properties at their fair values are recognised in the income statement.

Fair value at 30 April 2024 is represented by:
£   
Valuation in 2015 65,832
Valuation in 2016 5,000
Valuation in 2017 26,000
Cost 69,168
166,000

Reactor Limited (Registered number: 04624813)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors 3,469 3,422

9. CURRENT ASSET INVESTMENTS
30.4.24 30.4.23
£    £   
Listed investments 65,000 65,000

10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts - 121
Taxation and social security 733 164
Other creditors 165,359 176,243
166,092 176,528