24 January 2024 v2025.9.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activity0falsetruexbrli:purexbrli:sharesiso4217:GBP154397242024-01-242025-01-31154397242025-01-3115439724core:WithinOneYear2025-01-3115439724core:ShareCapital2025-01-3115439724core:RetainedEarningsAccumulatedLosses2025-01-3115439724bus:Director12024-01-242025-01-3115439724bus:RegisteredOffice2024-01-242025-01-3115439724core:PlantMachinery2024-01-242025-01-3115439724core:PlantMachinery2025-01-311543972412024-01-242025-01-3115439724countries:EnglandWales2024-01-242025-01-3115439724bus:AuditExemptWithAccountantsReport2024-01-242025-01-3115439724bus:PrivateLimitedCompanyLtd2024-01-242025-01-3115439724bus:SmallEntities2024-01-242025-01-3115439724bus:FullAccounts2024-01-242025-01-31
Company registration number:
15439724
Respiro Kit Limited
Unaudited Filleted Financial Statements for the period ended
31 January 2025
Respiro Kit Limited
Report to the board of directors on the preparation of the unaudited statutory financial statements of Respiro Kit Limited
Period ended
31 January 2025
As described on the statement of financial position, the Board of Directors of
Respiro Kit Limited
are responsible for the preparation of the financial statements for the period ended
31 January 2025
, which comprise the primary_statements_list. This report is made solely to the directors of Respiro Kit Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Respiro Kit Limited and state those matters that we have agreed to state to the directors, as a body, in this report in accordance with the requirements of Institute Of Financial Accountants (IFA). To the fullest extent permitted by the law, we do not accept or assume responsibility to anyone other than Respiro Kit Limited and its directors as a body for our work or for this report.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
Proacc Associates Ltd
1087 Stockport road
Manchester
M19 2RE
United Kingdom
Date:
12 February 2025
Respiro Kit Limited
Statement of Financial Position
31 January 2025
31 Jan 2025
Note£
Fixed assets  
Tangible assets 5
472
 
Current assets  
Cash at bank and in hand
14
 
Creditors: amounts falling due within one year 6
(6,513
)
Net current liabilities
(6,499
)
Total assets less current liabilities (6,027 )
Capital and reserves  
Called up share capital
1
 
Profit and loss account
(6,028
)
Shareholders deficit
(6,027
)
For the period ending
31 January 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
12 February 2025
, and are signed on behalf of the board by:
Muhammad Raza Rathore
Director
Company registration number:
15439724
Respiro Kit Limited
Notes to the Financial Statements
Period ended
31 January 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Unit C Aldow Enterprise Park
,
Blackett Street
,
Manchester
,
M12 6AE
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.
All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4 Average number of employees

The average number of persons employed by the company during the period was Nil.

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
24 January 2024
-  
Additions
524
 
At
31 January 2025
524
 
Depreciation  
At
24 January 2024
-  
Charge
52
 
At
31 January 2025
52
 
Carrying amount  
At
31 January 2025
472
 

6 Creditors: amounts falling due within one year

31 Jan 2025
£
Trade creditors
201
 
Other creditors
6,312
 
6,513