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Company Registration No. 11401181 (England and Wales)
Reconome Technologies Ltd. Unaudited accounts for the year ended 30 June 2024
Reconome Technologies Ltd. Unaudited accounts Contents
Page
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Reconome Technologies Ltd. Company Information for the year ended 30 June 2024
Director
Nicholas Hajime Rawkins
Company Number
11401181 (England and Wales)
Registered Office
Arch 255 Joseph Ray Road London E11 4RA England
Accountants
Kim Pearson Green Caterpillar Consulting Ltd
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Reconome Technologies Ltd. Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,429 
5,970 
Current assets
Inventories
98,000 
98,000 
Debtors
416,636 
206,884 
Cash at bank and in hand
23,087 
1,381 
537,723 
306,265 
Creditors: amounts falling due within one year
(1,148,078)
(509,195)
Net current liabilities
(610,355)
(202,930)
Total assets less current liabilities
(602,926)
(196,960)
Creditors: amounts falling due after more than one year
(125,295)
(186,251)
Net liabilities
(728,221)
(383,211)
Capital and reserves
Called up share capital
5,673 
5,635 
Share premium
524,467 
474,504 
Profit and loss account
(1,258,361)
(863,350)
Shareholders' funds
(728,221)
(383,211)
For the year ending 30 June 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 27 March 2025 and were signed on its behalf by
Nicholas Hajime Rawkins Director Company Registration No. 11401181
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Reconome Technologies Ltd. Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Reconome Technologies Ltd. is a private company, limited by shares, registered in England and Wales, registration number 11401181. The registered office is Arch 255 Joseph Ray Road, London, E11 4RA, 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.
3
Accounting policies
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.
Basis of preparation
These accounts are prepared on a going concern basis, under the historical cost convention, as modified by the recognition of certain financial assets and liabilities measured at fair value. The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.
Presentation currency
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
-20%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 July 2023
11,891 
Additions
3,355 
At 30 June 2024
15,246 
Depreciation
At 1 July 2023
5,921 
Charge for the year
1,896 
At 30 June 2024
7,817 
Net book value
At 30 June 2024
7,429 
At 30 June 2023
5,970 
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Reconome Technologies Ltd. Notes to the Accounts for the year ended 30 June 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
98,507 
61,794 
Accrued income and prepayments
192,488 
19,407 
Other debtors
125,641 
125,683 
416,636 
206,884 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
60,956 
60,956 
VAT
71,376 
23,711 
Trade creditors
174,282 
49,919 
Taxes and social security
54,050 
15,141 
Other creditors
319,430 
108,730 
Loans from directors
392,152 
243,313 
Accruals
75,832 
7,425 
1,148,078 
509,195 
Including in the creditors balance is a Bounce-back loan £5,400 (2022 : £5,400), and a term loan facility from GLIF £55,556 (2022: nil)
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
125,295 
186,251 
The creditors- amounts falling due after one year relates to a Bounce-back loan £10,325 (2022 : £15,748) and term loan facility from GLIF £175,926 (2022: nil).
8
Operating lease commitments
2024 
2023 
£ 
£ 
At 30 June 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
- 
53,483 
Later than one year and not later than five years
- 
594 
- 
54,077 
9
Transactions with related parties
During the year there were nil (2022: nil) related party transactions.
10
Average number of employees
During the year the average number of employees was 15 (2023: 15).
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