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REGISTERED NUMBER: 12016564 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2024

FOR

MY REFACTORY LIMITED

MY REFACTORY LIMITED (REGISTERED NUMBER: 12016564)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MY REFACTORY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH APRIL 2024







DIRECTOR: S Carrie





SECRETARY:





REGISTERED OFFICE: Morley Street
Hull
East Yorkshire
HU8 8DN





REGISTERED NUMBER: 12016564 (England and Wales)





ACCOUNTANTS: Flemingate - Accountancy and Taxation
1 Village Courtyard
High Street
Holme on Spalding Moor
York
North Yorkshire
YO43 4AA

MY REFACTORY LIMITED (REGISTERED NUMBER: 12016564)

BALANCE SHEET
30TH APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 34,107 19,282

CURRENT ASSETS
Stocks 5 4,000 -
Debtors 6 401 78,127
Cash at bank and in hand 12,852 5,223
17,253 83,350
CREDITORS
Amounts falling due within one year 7 74,954 55,203
NET CURRENT (LIABILITIES)/ASSETS (57,701 ) 28,147
TOTAL ASSETS LESS CURRENT
LIABILITIES

(23,594

)

47,429

PROVISIONS FOR LIABILITIES - 3,664
NET (LIABILITIES)/ASSETS (23,594 ) 43,765

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (23,694 ) 43,665
SHAREHOLDERS' FUNDS (23,594 ) 43,765

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th 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.

MY REFACTORY LIMITED (REGISTERED NUMBER: 12016564)

BALANCE SHEET - continued
30TH 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 25th January 2025 and were signed by:





S Carrie - Director


MY REFACTORY LIMITED (REGISTERED NUMBER: 12016564)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024

1. STATUTORY INFORMATION

My Refactory 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. 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

MY REFACTORY LIMITED (REGISTERED NUMBER: 12016564)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1st May 2023 13,161 11,903 25,064
Additions 15,843 5,000 20,843
At 30th April 2024 29,004 16,903 45,907
DEPRECIATION
At 1st May 2023 3,652 2,130 5,782
Charge for year 3,803 2,215 6,018
At 30th April 2024 7,455 4,345 11,800
NET BOOK VALUE
At 30th April 2024 21,549 12,558 34,107
At 30th April 2023 9,509 9,773 19,282

5. STOCKS
30.4.24 30.4.23
£    £   
Stocks 4,000 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 401 70,174
VAT - 7,953
401 78,127

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 68,906 48,218
Tax - 5,585
VAT 4,648 -
Accrued expenses 1,400 1,400
74,954 55,203

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S Carrie.