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Company Registration No. 14923833 (England and Wales)
Rewired Brand Ltd Unaudited accounts for the year ended 30 June 2024
Rewired Brand Ltd Unaudited accounts Contents
Page
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Rewired Brand Ltd Company Information for the year ended 30 June 2024
Directors
K Meacham R Wilson
Company Number
14923833 (England and Wales)
Registered Office
Unit 6 Parkside Road Kendal LA9 7EN
Accountants
Parkin Finance Limited
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Rewired Brand Ltd Statement of financial position as at 30 June 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
867 
Current assets
Inventories
19,346 
Debtors
4,917 
Cash at bank and in hand
16,425 
40,688 
Creditors: amounts falling due within one year
(30,891)
Net current assets
9,797 
Total assets less current liabilities
10,664 
Provisions for liabilities
Deferred tax
(165)
Net assets
10,499 
Capital and reserves
Called up share capital
100 
Profit and loss account
10,399 
Shareholders' funds
10,499 
For the year ending 30 June 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 February 2025 and were signed on its behalf by
R Wilson Director Company Registration No. 14923833
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Rewired Brand Ltd Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Rewired Brand Ltd is a private company, limited by shares, registered in England and Wales, registration number 14923833. The registered office is Unit 6 Parkside Road, Kendal, LA9 7EN.
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 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
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:
Plant & machinery
15% reducing balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Rewired Brand Ltd Notes to the Accounts for the year ended 30 June 2024
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 July 2023
- 
Additions
1,020 
At 30 June 2024
1,020 
Depreciation
Charge for the year
153 
At 30 June 2024
153 
Net book value
At 30 June 2024
867 
5
Debtors
2024 
£ 
Amounts falling due within one year
VAT
2,178 
Trade debtors
2,739 
4,917 
6
Creditors: amounts falling due within one year
2024 
£ 
Trade creditors
11,893 
Taxes and social security
2,509 
Other creditors
15,489 
Loans from directors
100 
Accruals
900 
30,891 
7
Average number of employees
During the year the average number of employees was 0.
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