Registered number
10380552
Recline@eeze Ltd
Filleted Accounts
30 September 2024
Recline@eeze Ltd
Registered number: 10380552
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 2,393 1,597
Current assets
Stocks 47,500 55,000
Debtors 4 11,150 16,823
Cash at bank and in hand 40,830 39,342
99,480 111,165
Creditors: amounts falling due within one year 5 (54,288) (69,385)
Net current assets 45,192 41,780
Total assets less current liabilities 47,585 43,377
Creditors: amounts falling due after more than one year 6 - (353)
Net assets 47,585 43,024
Capital and reserves
Called up share capital 1 1
Profit and loss account 47,584 43,023
Shareholder's funds 47,585 43,024
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
D Bohm
Director
Approved by the board on 26 June 2025
Recline@eeze Ltd
Notes to the Accounts
for the year ended 30 September 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 October 2023 2,814
Additions 1,380
At 30 September 2024 4,194
Depreciation
At 1 October 2023 1,217
Charge for the year 584
At 30 September 2024 1,801
Net book value
At 30 September 2024 2,393
At 30 September 2023 1,597
4 Debtors 2024 2023
£ £
Trade debtors 10,381 16,054
Other debtors 769 769
11,150 16,823
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 3,313 3,313
Trade creditors 30,874 36,011
Taxation and social security costs 3,174 (519)
Other creditors 16,927 30,580
54,288 69,385
6 Creditors: amounts falling due after one year 2024 2023
£ £
Other creditors - 353
7 Other information
Recline@eeze Ltd is a private company limited by shares and incorporated in England. Its registered office is:
76 Park Street
Horsham
RH12 4BX
Recline@eeze Ltd 10380552 false 2023-10-01 2024-09-30 2024-09-30 VT Final Accounts April 2024 D Bohm No description of principal activity 10380552 2022-10-01 2023-09-30 10380552 core:WithinOneYear 2023-09-30 10380552 core:AfterOneYear 2023-09-30 10380552 core:ShareCapital 2023-09-30 10380552 core:RetainedEarningsAccumulatedLosses 2023-09-30 10380552 2023-10-01 2024-09-30 10380552 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 10380552 bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 10380552 bus:Director40 2023-10-01 2024-09-30 10380552 1 2023-10-01 2024-09-30 10380552 2 2023-10-01 2024-09-30 10380552 core:PlantMachinery 2023-10-01 2024-09-30 10380552 countries:England 2023-10-01 2024-09-30 10380552 bus:FRS102 2023-10-01 2024-09-30 10380552 bus:FilletedAccounts 2023-10-01 2024-09-30 10380552 2024-09-30 10380552 core:WithinOneYear 2024-09-30 10380552 core:AfterOneYear 2024-09-30 10380552 core:ShareCapital 2024-09-30 10380552 core:RetainedEarningsAccumulatedLosses 2024-09-30 10380552 core:PlantMachinery 2024-09-30 10380552 2023-09-30 10380552 core:PlantMachinery 2023-09-30 iso4217:GBP xbrli:pure