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REGISTERED NUMBER: 12855931 (England and Wales)















Unaudited Financial Statements

for the Period 1 October 2023 to 31 December 2024

for

Refundee Limited

Refundee Limited (Registered number: 12855931)

Contents of the Financial Statements
for the Period 1 October 2023 to 31 December 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Refundee Limited

Company Information
for the Period 1 October 2023 to 31 December 2024







DIRECTORS: S Van Eeden
W Ayles
A Fallah
S J Mcfadden





REGISTERED OFFICE: 86-90 3rd Floor
Paul Street
London
EC2A 4NE





REGISTERED NUMBER: 12855931 (England and Wales)





ACCOUNTANTS: Professional Trust Group Limited
Chartered Accountants
7 Kendon Business Park
Maritime Close
Rochester
Kent
ME2 4JF

Refundee Limited (Registered number: 12855931)

Balance Sheet
31 December 2024

31.12.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 23,086 10,828

CURRENT ASSETS
Debtors 5 295,745 207,539
Cash at bank and in hand 896,618 465,571
1,192,363 673,110
CREDITORS
Amounts falling due within one year 6 575,543 332,788
NET CURRENT ASSETS 616,820 340,322
TOTAL ASSETS LESS CURRENT
LIABILITIES

639,906

351,150

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 639,905 351,149
639,906 351,150

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 16 June 2025 and were signed on its behalf by:





S J Mcfadden - Director


Refundee Limited (Registered number: 12855931)

Notes to the Financial Statements
for the Period 1 October 2023 to 31 December 2024


1. STATUTORY INFORMATION

Refundee 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 (revenue)
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or of receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Revenue from a contract to provide services is recognised in the period in which the services are
provided when all of the following conditions are satisfied:
- the amount of revenue can be measured reliably;
- it is probable that the company will receive the consideration due under the contract;
- the stage of completion of the contract at the end of the reporting period can be measured reliably; and
- the costs incurred and the costs to complete the contract can be measured reliably.

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

Taxation
Taxation for the period 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 period 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.

Refundee Limited (Registered number: 12855931)

Notes to the Financial Statements - continued
for the Period 1 October 2023 to 31 December 2024


2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 40 (2023 - 13 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023 16,108
Additions 21,713
At 31 December 2024 37,821
DEPRECIATION
At 1 October 2023 5,280
Charge for period 9,455
At 31 December 2024 14,735
NET BOOK VALUE
At 31 December 2024 23,086
At 30 September 2023 10,828

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 30.9.23
£    £   
Trade debtors 160,670 99,074
Other debtors 135,075 108,465
295,745 207,539

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 30.9.23
£    £   
Taxation and social security 521,838 297,406
Other creditors 53,705 35,382
575,543 332,788