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Company Registration No. 08688531 (England and Wales)
Retiron Limited Unaudited accounts for the year ended 31 October 2024
Retiron Limited Unaudited accounts Contents
Page
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Retiron Limited Company Information for the year ended 31 October 2024
Director
Mr Ian Mashford
Company Number
08688531 (England and Wales)
Registered Office
1 WHITEBEAM CLOSE PAIGNTON DEVON TQ3 3GA
Accountants
M A Walker & Associates Willow Ridge 1 Whitebeam Close Paignton Devon TQ3 3GA
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Retiron Limited Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
8,012 
11,216 
Tangible assets
593 
698 
8,605 
11,914 
Current assets
Debtors
- 
2,500 
Cash at bank and in hand
18,907 
28,639 
18,907 
31,139 
Creditors: amounts falling due within one year
(8,288)
(10,845)
Net current assets
10,619 
20,294 
Net assets
19,224 
32,208 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
19,222 
32,206 
Shareholders' funds
19,224 
32,208 
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 21 January 2025 and were signed on its behalf by
Mr Ian Mashford Director Company Registration No. 08688531
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Retiron Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Retiron Limited is a private company, limited by shares, registered in England and Wales, registration number 08688531. The registered office is 1 WHITEBEAM CLOSE, PAIGNTON, DEVON, TQ3 3GA.
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:
Computer equipment
15%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 November 2023
32,043 
At 31 October 2024
32,043 
Amortisation
At 1 November 2023
20,827 
Charge for the year
3,204 
At 31 October 2024
24,031 
Net book value
At 31 October 2024
8,012 
At 31 October 2023
11,216 
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Retiron Limited Notes to the Accounts for the year ended 31 October 2024
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 November 2023
2,457 
At 31 October 2024
2,457 
Depreciation
At 1 November 2023
1,759 
Charge for the year
105 
At 31 October 2024
1,864 
Net book value
At 31 October 2024
593 
At 31 October 2023
698 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
2,500 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
875 
888 
Taxes and social security
6,565 
8,651 
Other creditors
388 
4,918 
Loans from directors
460 
(3,612)
8,288 
10,845 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mr Ian Mashford
Loan to Director
3,612 
- 
3,612 
- 
3,612 
- 
3,612 
- 
Loan made to Director and repaid within 9 months of year end
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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