Company Registration No. 05676768 (England and Wales)
Retra Limited
Unaudited accounts
for the period from 1 May 2023 to 31 March 2024
Retra Limited
Unaudited accounts
Contents
Retra Limited
Company Information
for the period from 1 May 2023 to 31 March 2024
Directors
Mr John Harter
Mr David Harter
Company Number
05676768 (England and Wales)
Registered Office
Tawny Cottage
Lower End
Alvescot
Bampton
Oxfordshire
OX18 2QA
England
Accountants
Crescent Accountancy Ltd
17 Black Bourton Road
Carterton
Oxfordshire
OX18 3HQ
Retra Limited
Statement of financial position
as at 31 March 2024
Tangible assets
19,265
23,267
Creditors: amounts falling due within one year
(119,049)
(109,215)
Net current liabilities
(119,049)
(109,215)
Net liabilities
(99,784)
(85,948)
Called up share capital
1,000
1,000
Profit and loss account
(100,784)
(86,948)
Shareholders' funds
(99,784)
(85,948)
For the period ending 31 March 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 1 December 2024 and were signed on its behalf by
Mr John Harter
Director
Company Registration No. 05676768
Retra Limited
Notes to the Accounts
for the period from 1 May 2023 to 31 March 2024
Retra Limited is a private company, limited by shares, registered in England and Wales, registration number 05676768. The registered office is Tawny Cottage, Lower End, Alvescot, Bampton, Oxfordshire, OX18 2QA, England.
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.
These financial statements for the period from 1 May 2023 to 31 March 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 May 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
20% Straight Line
Motor vehicles
20% Straight Line
Fixtures & fittings
20% Straight Line
Computer equipment
20% Straight Line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 May 2023
85,183
22,154
107,337
At 31 March 2024
85,183
22,154
107,337
At 1 May 2023
62,346
21,724
84,070
Charge for the period
3,904
98
4,002
At 31 March 2024
66,250
21,822
88,072
At 31 March 2024
18,933
332
19,265
At 30 April 2023
22,837
430
23,267
Retra Limited
Notes to the Accounts
for the period from 1 May 2023 to 31 March 2024
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
17
154
Amounts owed to group undertakings and other participating interests
22,148
8,448
Loans from directors
94,304
98,033
6
Transactions with related parties
The Amount of £22,148 under Current liabilities represent inter-company loan between Retra Limited and Harter Land Limited.
7
Average number of employees
During the period the average number of employees was 0 (2023: 0).