Company Registration No. 8353876 (England and Wales)
REFC LIMITED
Unaudited accounts
for the year ended 31 March 2024
REFC LIMITED
Unaudited accounts
Contents
REFC LIMITED
Company Information
for the year ended 31 March 2024
Company Number
8353876 (England and Wales)
Registered Office
3 CADBURY CLOSE
LONDON
N20 9BD
ENGLAND
REFC LIMITED
Statement of financial position
as at 31 March 2024
Tangible assets
81,658
14,446
Cash at bank and in hand
26,991
59,936
Creditors: amounts falling due within one year
(132,905)
(116,135)
Net current (liabilities)/assets
(8,279)
104,309
Total assets less current liabilities
73,379
118,755
Creditors: amounts falling due after more than one year
(857,514)
(926,495)
Net liabilities
(784,135)
(807,740)
Called up share capital
300
300
Profit and loss account
(784,435)
(808,040)
Shareholders' funds
(784,135)
(807,740)
For the year 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 director acknowledges his 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 and authorised for issue on 17 March 2025 and were signed on its behalf by
Nir Yedid
Director
Company Registration No. 8353876
REFC LIMITED
Notes to the Accounts
for the year ended 31 March 2024
REFC LIMITED is a private company, limited by shares, registered in England and Wales, registration number 8353876. The registered office is 3 CADBURY CLOSE, LONDON, N20 9BD, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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:
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
-
86,063
86,063
At 31 March 2024
84,273
86,063
170,336
At 1 April 2023
-
71,617
71,617
Charge for the year
2,615
14,446
17,061
At 31 March 2024
2,615
86,063
88,678
At 31 March 2024
81,658
-
81,658
At 31 March 2023
-
14,446
14,446
Amounts falling due within one year
Other debtors
97,635
160,508
REFC LIMITED
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
11,843
-
Other creditors
117,012
112,085
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
857,514
926,495
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
100 Ordinary B shares of £1 each
100
100
100 Ordinary C shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).