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REGISTERED NUMBER: 03564276















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Re10 Restructuring and Advisory Limited

Re10 Restructuring and Advisory Limited (Registered number: 03564276)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Re10 Restructuring and Advisory Limited

Company Information
for the Year Ended 31 August 2024







DIRECTOR: N Patel





SECRETARY: N Patel





REGISTERED OFFICE: Suite 35
Unit 2
94a Wycliffe Road
Northampton
NN15JF





REGISTERED NUMBER: 03564276





ACCOUNTANTS: Fischer Pryce & Co
Rookery Wood House
Loudwater Lane
Rickmansworth
Hertfordshire
WD3 4HP

Re10 Restructuring and Advisory Limited (Registered number: 03564276)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 68,984 103,476
Tangible assets 5 64,207 73,379
133,191 176,855

CURRENT ASSETS
Debtors 6 1,014 14,398
Cash at bank 34,109 46,118
35,123 60,516
CREDITORS
Amounts falling due within one year 7 167,492 177,452
NET CURRENT LIABILITIES (132,369 ) (116,936 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

822

59,919

CREDITORS
Amounts falling due after more than one year 8 38,107 38,107
NET (LIABILITIES)/ASSETS (37,285 ) 21,812

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (37,286 ) 21,811
SHAREHOLDERS' FUNDS (37,285 ) 21,812

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

Re10 Restructuring and Advisory Limited (Registered number: 03564276)

Balance Sheet - continued
31 August 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 31 May 2025 and were signed by:





N Patel - Director


Re10 Restructuring and Advisory Limited (Registered number: 03564276)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Re10 Restructuring and Advisory Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of eight years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant & Machinery written off over 3 years

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Re10 Restructuring and Advisory Limited (Registered number: 03564276)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2023
and 31 August 2024 275,936
AMORTISATION
At 1 September 2023 172,460
Charge for year 34,492
At 31 August 2024 206,952
NET BOOK VALUE
At 31 August 2024 68,984
At 31 August 2023 103,476

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023
and 31 August 2024 102,538
DEPRECIATION
At 1 September 2023 29,159
Charge for year 9,172
At 31 August 2024 38,331
NET BOOK VALUE
At 31 August 2024 64,207
At 31 August 2023 73,379

Plant & Machinery 3years

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors - 14,398
Other debtors 1,014 -
1,014 14,398

Re10 Restructuring and Advisory Limited (Registered number: 03564276)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Finance leases - 14,298
Amounts owed to group undertakings 164,530 154,430
Taxation and social security (270 ) 6,783
Other creditors 3,232 1,941
167,492 177,452

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.8.24 31.8.23
£    £   
Finance leases 38,107 38,107