IRIS Accounts Production v24.3.2.46 13811807 Board of Directors 1.1.23 30.12.23 30.12.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh138118072022-12-31138118072023-12-30138118072023-01-012023-12-30138118072021-12-20138118072021-12-212022-12-31138118072022-12-3113811807ns15:EnglandWales2023-01-012023-12-3013811807ns14:PoundSterling2023-01-012023-12-3013811807ns10:Director12023-01-012023-12-3013811807ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3013811807ns10:SmallEntities2023-01-012023-12-3013811807ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3013811807ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3013811807ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3013811807ns10:FullAccounts2023-01-012023-12-301381180712023-01-012023-12-3013811807ns5:CurrentFinancialInstruments2023-12-3013811807ns5:CurrentFinancialInstruments2022-12-3113811807ns5:ShareCapital2023-12-3013811807ns5:ShareCapital2022-12-3113811807ns5:RetainedEarningsAccumulatedLosses2023-12-3013811807ns5:RetainedEarningsAccumulatedLosses2022-12-3113811807ns10:RegisteredOffice2023-01-012023-12-3013811807ns5:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3013811807ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-01-012023-12-3013811807ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2022-12-3113811807ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-12-3013811807ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2022-12-3113811807ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3013811807ns5:WithinOneYearns5:CurrentFinancialInstruments2022-12-31
REGISTERED NUMBER: 13811807 (England and Wales)














Unaudited Financial Statements

for the Period 1 January 2023 to 30 December 2023

for

Reel Me Ltd

Reel Me Ltd (Registered number: 13811807)






Contents of the Financial Statements
for the Period 1 January 2023 to 30 December 2023




Page

Balance Sheet 1

Notes to the Financial Statements 2


Reel Me Ltd (Registered number: 13811807)

Balance Sheet
30 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 80,799 80,799

CURRENT ASSETS
Debtors 5 430 430

CREDITORS
Amounts falling due within one year 6 105,034 104,034
NET CURRENT LIABILITIES (104,604 ) (103,604 )
TOTAL ASSETS LESS CURRENT LIABILITIES (23,805 ) (22,805 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (23,905 ) (22,905 )
SHAREHOLDERS' FUNDS (23,805 ) (22,805 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 December 2023 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.

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 and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 January 2025 and were signed on its behalf by:





Mr J M Lissauer - Director


Reel Me Ltd (Registered number: 13811807)

Notes to the Financial Statements
for the Period 1 January 2023 to 30 December 2023

1. STATUTORY INFORMATION

Reel Me Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 13811807

Registered office: Ebenezer House
Ryecroft
Newcastle-under-Lyme
Staffordshire
ST5 2BE

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The financial statements have been prepared on a going concern basis not withstanding the deficit in net assets. The main creditors of the company are the directors with the balance owing to them totalling £101,614. The directors have confirmed their continued support of the company.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website development costs are being amortised evenly over their estimated useful life of ten years.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 period 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2022 - 2 ) .

Reel Me Ltd (Registered number: 13811807)

Notes to the Financial Statements - continued
for the Period 1 January 2023 to 30 December 2023

4. INTANGIBLE FIXED ASSETS
Website
development
costs
£   
COST
At 1 January 2023
and 30 December 2023 89,777
AMORTISATION
At 1 January 2023
and 30 December 2023 8,978
NET BOOK VALUE
At 30 December 2023 80,799
At 31 December 2022 80,799

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 430 430

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 420 420
Other creditors 104,614 103,614
105,034 104,034