IRIS Accounts Production v24.3.2.46 13552613 Board of Directors 1.9.23 31.8.24 31.8.24 false true false false true false Ordinary 1.00000 Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh135526132023-08-31135526132024-08-31135526132023-09-012024-08-31135526132022-08-31135526132022-09-012023-08-31135526132023-08-3113552613ns15:EnglandWales2023-09-012024-08-3113552613ns14:PoundSterling2023-09-012024-08-3113552613ns10:Director12023-09-012024-08-3113552613ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3113552613ns10:SmallEntities2023-09-012024-08-3113552613ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3113552613ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3113552613ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3113552613ns10:FullAccounts2023-09-012024-08-3113552613ns10:OrdinaryShareClass12023-09-012024-08-3113552613ns10:OrdinaryShareClass22023-09-012024-08-3113552613ns10:Director22023-09-012024-08-3113552613ns10:RegisteredOffice2023-09-012024-08-3113552613ns5:CurrentFinancialInstruments2024-08-3113552613ns5:CurrentFinancialInstruments2023-08-3113552613ns5:ShareCapital2024-08-3113552613ns5:ShareCapital2023-08-3113552613ns5:RetainedEarningsAccumulatedLosses2024-08-3113552613ns5:RetainedEarningsAccumulatedLosses2023-08-3113552613ns5:ComputerEquipment2023-09-012024-08-3113552613ns5:ComputerEquipment2023-08-3113552613ns5:ComputerEquipment2024-08-3113552613ns5:ComputerEquipment2023-08-3113552613ns5:AcceleratedTaxDepreciationDeferredTax2024-08-3113552613ns5:AcceleratedTaxDepreciationDeferredTax2023-08-3113552613ns5:DeferredTaxation2023-08-3113552613ns5:DeferredTaxation2023-09-012024-08-3113552613ns5:DeferredTaxation2024-08-3113552613ns10:OrdinaryShareClass12024-08-3113552613ns10:OrdinaryShareClass22024-08-31
REGISTERED NUMBER: 13552613 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 AUGUST 2024

FOR

REFR3SH LTD

REFR3SH LTD (REGISTERED NUMBER: 13552613)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


REFR3SH LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: Mr S M Fallon
Mrs H Fallon





REGISTERED OFFICE: 53 Gildredge Road
Eastbourne
East Sussex
BN21 4SF





REGISTERED NUMBER: 13552613 (England and Wales)





ACCOUNTANTS: Honey Barrett Limited
Chartered Accountants
53 Gildredge Road
Eastbourne
East Sussex
BN21 4SF

REFR3SH LTD (REGISTERED NUMBER: 13552613)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 470 706

CURRENT ASSETS
Debtors 6 4,900 5,600
Cash at bank 86,733 87,733
91,633 93,333
CREDITORS
Amounts falling due within one year 7 11,052 12,274
NET CURRENT ASSETS 80,581 81,059
TOTAL ASSETS LESS CURRENT
LIABILITIES

81,051

81,765

PROVISIONS FOR LIABILITIES 8 115 176
NET ASSETS 80,936 81,589

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 80,836 81,489
SHAREHOLDERS' FUNDS 80,936 81,589

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

REFR3SH LTD (REGISTERED NUMBER: 13552613)

BALANCE SHEET - continued
31 AUGUST 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 Profit & Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 January 2025 and were signed on its behalf by:





Mr S M Fallon - Director


REFR3SH LTD (REGISTERED NUMBER: 13552613)

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


1. STATUTORY INFORMATION

Refr3sh 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.
Equipment - 20% on cost

REFR3SH LTD (REGISTERED NUMBER: 13552613)

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


3. ACCOUNTING POLICIES - continued

Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities, like trade and other accounts receivable and payable, loans from banks and other third parties and loans to / from related parties.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the present value of the future cash flows and subsequently measured at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted transaction price less any impairment.

If the arrangements of a short term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of the estimated cash flows discounted at the asset's original effective rate.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the reporting date.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet and measured as detailed above.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Finance costs are charged to the profit and loss over the term of the financial asset / liability using the effective interest method so that the amount charged is at a constant rate on the carrying amount.


REFR3SH LTD (REGISTERED NUMBER: 13552613)

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


3. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss, 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.

4. EMPLOYEES AND DIRECTORS

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

REFR3SH LTD (REGISTERED NUMBER: 13552613)

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


5. TANGIBLE FIXED ASSETS
Equipmen
£   
COST
At 1 September 2023
and 31 August 2024 1,176
DEPRECIATION
At 1 September 2023 470
Charge for year 236
At 31 August 2024 706
NET BOOK VALUE
At 31 August 2024 470
At 31 August 2023 706

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Prepayments and accrued income 4,900 5,600

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Corporation tax 8,332 10,419
PAYE and social security 417 -
Directors' current accounts 1,103 739
Accruals and deferred income 1,200 1,116
11,052 12,274

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 115 176

REFR3SH LTD (REGISTERED NUMBER: 13552613)

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


8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 September 2023 176
Utilised during year (61 )
Balance at 31 August 2024 115

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
50 Ordinary £1 50 50
50 Ordinary £1 50 50
100 100