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REGISTERED NUMBER: 12233991 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

RGE Recycling Ltd

RGE Recycling Ltd (Registered number: 12233991)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RGE Recycling Ltd

Company Information
for the Year Ended 30 September 2024







DIRECTORS: Mr R G Eastwood
Mrs M R Eastwood





SECRETARY: Mrs M R Eastwood





REGISTERED OFFICE: Trade Fair House
2 West Court
Enterprise Road
Maidstone
Kent
ME15 6JD





REGISTERED NUMBER: 12233991 (England and Wales)





ACCOUNTANTS: Accsys Accountants Limited
Chartered Accountants
Trade Fair House
2 West Court
Enterprise Road
Maidstone
Kent
ME15 6JD

RGE Recycling Ltd (Registered number: 12233991)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 683,655 432,942
Investments 5 200,000 200,000
883,655 632,942

CURRENT ASSETS
Stocks 43,500 25,000
Debtors 6 174,358 133,420
Cash at bank 164,723 260,335
382,581 418,755
CREDITORS
Amounts falling due within one year 7 258,902 318,628
NET CURRENT ASSETS 123,679 100,127
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,007,334

733,069

CREDITORS
Amounts falling due after more than one year 8 225,672 34,771
NET ASSETS 781,662 698,298

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 781,659 698,295
781,662 698,298

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

RGE Recycling Ltd (Registered number: 12233991)

Balance Sheet - continued
30 September 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 June 2025 and were signed on its behalf by:




Mr R G Eastwood - Director



Mrs M R Eastwood - Director


RGE Recycling Ltd (Registered number: 12233991)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 year was 11 (2023 - 8 ) .

RGE Recycling Ltd (Registered number: 12233991)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 October 2023 492,382 26,652 155,295 5,228 679,557
Additions 525,884 8,899 - 475 535,258
Disposals (246,850 ) - - - (246,850 )
At 30 September 2024 771,416 35,551 155,295 5,703 967,965
DEPRECIATION
At 1 October 2023 181,430 9,090 54,324 1,771 246,615
Charge for year 96,316 4,813 25,243 1,226 127,598
Eliminated on disposal (89,903 ) - - - (89,903 )
At 30 September 2024 187,843 13,903 79,567 2,997 284,310
NET BOOK VALUE
At 30 September 2024 583,573 21,648 75,728 2,706 683,655
At 30 September 2023 310,952 17,562 100,971 3,457 432,942

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 October 2023
and 30 September 2024 200,000
NET BOOK VALUE
At 30 September 2024 200,000
At 30 September 2023 200,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 166,825 128,069
Other debtors 7,533 5,351
174,358 133,420

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 67,988 20,387
Trade creditors 52,285 139,258
Taxation and social security 123,382 86,806
Other creditors 5,247 62,177
258,902 318,628

RGE Recycling Ltd (Registered number: 12233991)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans 11,967 16,959
Hire purchase contracts 213,705 17,812
225,672 34,771