IRIS Accounts Production v24.3.2.46 03341734 director 1.7.23 30.6.24 30.6.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh033417342023-06-30033417342024-06-30033417342023-07-012024-06-30033417342022-06-30033417342022-07-012023-06-30033417342023-06-3003341734ns15:EnglandWales2023-07-012024-06-3003341734ns14:PoundSterling2023-07-012024-06-3003341734ns10:Director12023-07-012024-06-3003341734ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3003341734ns10:SmallEntities2023-07-012024-06-3003341734ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3003341734ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3003341734ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3003341734ns10:FullAccounts2023-07-012024-06-300334173412023-07-012024-06-3003341734ns10:CompanySecretary12023-07-012024-06-3003341734ns10:RegisteredOffice2023-07-012024-06-3003341734ns5:CurrentFinancialInstruments2024-06-3003341734ns5:CurrentFinancialInstruments2023-06-3003341734ns5:Non-currentFinancialInstruments2024-06-3003341734ns5:Non-currentFinancialInstruments2023-06-3003341734ns5:ShareCapital2024-06-3003341734ns5:ShareCapital2023-06-3003341734ns5:RevaluationReserve2024-06-3003341734ns5:RevaluationReserve2023-06-3003341734ns5:RetainedEarningsAccumulatedLosses2024-06-3003341734ns5:RetainedEarningsAccumulatedLosses2023-06-3003341734ns5:PatentsTrademarksLicencesConcessionsSimilar2023-07-012024-06-3003341734ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-07-012024-06-3003341734ns5:ComputerSoftware2023-07-012024-06-3003341734ns5:LeaseholdImprovements2023-07-012024-06-3003341734ns5:FurnitureFittings2023-07-012024-06-3003341734ns5:PatentsTrademarksLicencesConcessionsSimilar2023-06-3003341734ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-06-3003341734ns5:ComputerSoftware2023-06-3003341734ns5:PatentsTrademarksLicencesConcessionsSimilar2024-06-3003341734ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2024-06-3003341734ns5:ComputerSoftware2024-06-3003341734ns5:PatentsTrademarksLicencesConcessionsSimilar2023-06-3003341734ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-06-3003341734ns5:ComputerSoftware2023-06-3003341734ns5:LeaseholdImprovements2023-06-3003341734ns5:FurnitureFittings2023-06-3003341734ns5:LeaseholdImprovements2024-06-3003341734ns5:FurnitureFittings2024-06-3003341734ns5:LeaseholdImprovements2023-06-3003341734ns5:FurnitureFittings2023-06-3003341734ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3003341734ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-3003341734ns5:RevaluationReserve2023-06-30
REGISTERED NUMBER: 03341734 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

REFERENCELINE LIMITED

REFERENCELINE LIMITED (REGISTERED NUMBER: 03341734)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 June 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


REFERENCELINE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 June 2024







DIRECTOR: C M Dealtry





SECRETARY: C M Dealtry





REGISTERED OFFICE: 3 Huron Drive
Liphook
Hampshire
GU30 7TY





REGISTERED NUMBER: 03341734 (England and Wales)





ACCOUNTANTS: Traviss & Co Ltd
Chartered Certified Accountants
Newtown House
38 Newtown Road
Liphook
Hampshire
GU30 7DX

REFERENCELINE LIMITED (REGISTERED NUMBER: 03341734)

BALANCE SHEET
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 486,990 459,933
Tangible assets 5 20,074 23,799
507,064 483,732

CURRENT ASSETS
Debtors 6 6,758 9,088
Cash at bank 1,238 12,807
7,996 21,895
CREDITORS
Amounts falling due within one year 7 13,166 17,874
NET CURRENT (LIABILITIES)/ASSETS (5,170 ) 4,021
TOTAL ASSETS LESS CURRENT
LIABILITIES

501,894

487,753

CREDITORS
Amounts falling due after more than one
year

8

176,500

166,500
NET ASSETS 325,394 321,253

CAPITAL AND RESERVES
Called up share capital 50,000 50,000
Revaluation reserve 9 300,000 300,000
Retained earnings (24,606 ) (28,747 )
SHAREHOLDERS' FUNDS 325,394 321,253

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

REFERENCELINE LIMITED (REGISTERED NUMBER: 03341734)

BALANCE SHEET - continued
30 June 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 March 2025 and were signed by:





C M Dealtry - Director


REFERENCELINE LIMITED (REGISTERED NUMBER: 03341734)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 June 2024


1. STATUTORY INFORMATION

Referenceline Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover
Turnover represents net invoices for services provided, excluding VAT. Charges for services still to be provided are carried forward as a current liability to be matched to the relevant period when the service is to be provided.

Trademarks & domain names
The cost of trademarks and domain names are not depreciated.

Software development
The cost of software is amortised over 7 years from the month in which the cost is incurred. This policy was implemented with effect from the current year to June 2024. Software was previously amortised over 5 years.

Database
The database was valued in 2009 with reference to the cost to compile the database and future earnings potential. The directors review the underlying assumptions on an annual basis.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Computer and other equipment - between 10% and 33%

Financial instruments
Cash & cash equivalents

Cash and cash equivalents in the balance sheet comprise cash at bank, cash in hand and short term deposits with an original maturity date of three months or less.

Short-term debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year, are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in other operating expenses.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

REFERENCELINE LIMITED (REGISTERED NUMBER: 03341734)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 June 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Trademark
& domain Software
names Database development Totals
£    £    £    £   
COST
At 1 July 2023 2,110 300,000 553,741 855,851
Additions - - 70,793 70,793
At 30 June 2024 2,110 300,000 624,534 926,644
AMORTISATION
At 1 July 2023 - - 395,918 395,918
Amortisation for year - - 43,736 43,736
At 30 June 2024 - - 439,654 439,654
NET BOOK VALUE
At 30 June 2024 2,110 300,000 184,880 486,990
At 30 June 2023 2,110 300,000 157,823 459,933

The accumulated database of references has been valued by the directors at £300,000 based on the cost to compile the database and the future earnings potential from the registered firms to which they relate.

5. TANGIBLE FIXED ASSETS
Improvements Computer
to and other
property equipment Totals
£    £    £   
COST
At 1 July 2023 33,033 9,547 42,580
Additions - 699 699
At 30 June 2024 33,033 10,246 43,279
DEPRECIATION
At 1 July 2023 10,953 7,828 18,781
Charge for year 3,298 1,126 4,424
At 30 June 2024 14,251 8,954 23,205
NET BOOK VALUE
At 30 June 2024 18,782 1,292 20,074
At 30 June 2023 22,080 1,719 23,799

REFERENCELINE LIMITED (REGISTERED NUMBER: 03341734)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 June 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 5,049 7,548
Other debtors 1,709 1,540
6,758 9,088

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 2,870 175
Taxation and social security 35 2,919
Other creditors 10,261 14,780
13,166 17,874

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 176,500 166,500

9. RESERVES
Revaluation
reserve
£   
At 1 July 2023
and 30 June 2024 300,000