IRIS Accounts Production v25.1.4.42 04812684 director 1.2.24 31.1.25 31.1.25 14.7.25 false true false false true false Auditors Opinion iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh048126842024-01-31048126842025-01-31048126842024-02-012025-01-31048126842023-01-31048126842023-02-012024-01-31048126842024-01-3104812684ns15:EnglandWales2024-02-012025-01-3104812684ns14:PoundSterling2024-02-012025-01-3104812684ns10:Director12024-02-012025-01-3104812684ns10:PrivateLimitedCompanyLtd2024-02-012025-01-3104812684ns10:SmallEntities2024-02-012025-01-3104812684ns10:Audited2024-02-012025-01-3104812684ns10:SmallCompaniesRegimeForDirectorsReport2024-02-012025-01-3104812684ns10:SmallCompaniesRegimeForAccounts2024-02-012025-01-3104812684ns10:FullAccounts2024-02-012025-01-3104812684ns10:CompanySecretary12024-02-012025-01-3104812684ns10:RegisteredOffice2024-02-012025-01-3104812684ns5:CurrentFinancialInstruments2025-01-3104812684ns5:CurrentFinancialInstruments2024-01-3104812684ns5:ShareCapital2025-01-3104812684ns5:ShareCapital2024-01-3104812684ns5:RetainedEarningsAccumulatedLosses2025-01-3104812684ns5:RetainedEarningsAccumulatedLosses2024-01-3104812684ns5:PlantMachinery2024-01-3104812684ns5:PlantMachinery2024-02-012025-01-3104812684ns5:PlantMachinery2025-01-3104812684ns5:PlantMachinery2024-01-3104812684ns5:WithinOneYearns5:CurrentFinancialInstruments2025-01-3104812684ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-3104812684ns5:WithinOneYear2025-01-3104812684ns5:WithinOneYear2024-01-3104812684ns5:BetweenOneFiveYears2025-01-3104812684ns5:BetweenOneFiveYears2024-01-3104812684ns5:AllPeriods2025-01-3104812684ns5:AllPeriods2024-01-31
REGISTERED NUMBER: 04812684 (England and Wales)















Financial Statements for the Year Ended 31 January 2025

for

Re-Scan Limited

Re-Scan Limited (Registered number: 04812684)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Re-Scan Limited

Company Information
for the Year Ended 31 January 2025







DIRECTOR: N R Ramsden



SECRETARY: Mrs L J Metcalf



REGISTERED OFFICE: Adam Smith Street
Grimsby
North East Lincs
DN31 1SJ



REGISTERED NUMBER: 04812684 (England and Wales)



AUDITORS: Xeinadin Audit Limited
8th Floor, Becket House
36 Old Jewry
London
EC2R 8DD



BANKERS: HSBC Bank PLC
55 Victoria Street
Grimsby
North East Lincs
DN31 1UX

Re-Scan Limited (Registered number: 04812684)

Balance Sheet
31 January 2025

31.1.25 31.1.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 53,097 40,287

CURRENT ASSETS
Stocks 16,729 8,546
Debtors 5 364,590 32,480
Cash at bank and in hand 2,510 238,690
383,829 279,716
CREDITORS
Amounts falling due within one year 6 61,371 26,372
NET CURRENT ASSETS 322,458 253,344
TOTAL ASSETS LESS CURRENT
LIABILITIES

375,555

293,631

PROVISIONS FOR LIABILITIES 13,274 7,654
NET ASSETS 362,281 285,977

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 362,179 285,875
SHAREHOLDERS' FUNDS 362,281 285,977

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 14 July 2025 and were signed by:





N R Ramsden - Director


Re-Scan Limited (Registered number: 04812684)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

Re-Scan 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover represents amounts receivable for goods and services and is the amount derived from ordinary activities, net of VAT and trade discounts.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction can be measured reliably.

System sales and installations are recognised in the income statement as the equipment is delivered and as the installation works is completed.

Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight line method.

Depreciation is provided on the following basis:

Plant and machinery - 5 years straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the income statement.

Stocks
Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell, after making due allowance for slow moving items. Stock is valued at standard cost.


Re-Scan Limited (Registered number: 04812684)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

2. ACCOUNTING POLICIES - continued
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.

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 in which they are paid.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2024 45,692
Additions 25,802
Disposals (2,624 )
At 31 January 2025 68,870
DEPRECIATION
At 1 February 2024 5,405
Charge for year 10,893
Eliminated on disposal (525 )
At 31 January 2025 15,773
NET BOOK VALUE
At 31 January 2025 53,097
At 31 January 2024 40,287

Re-Scan Limited (Registered number: 04812684)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade debtors 33,458 19,395
Amounts owed by group undertakings 320,000 -
Other debtors 11,132 13,085
364,590 32,480

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade creditors 9,867 5,064
Taxation and social security 28,051 11,668
Other creditors 23,453 9,640
61,371 26,372

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.1.25 31.1.24
£    £   
Within one year 1,787 3,575
Between one and five years - 1,787
1,787 5,362

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Jennifer Toulson FCA (Senior Statutory Auditor)
for and on behalf of Xeinadin Audit Limited

9. CONTINGENT LIABILITIES

The bank holds an unlimited Multilateral Guarantee between D B Ramsden & Company Limited, Ron Ramsdens Limited, George Street Builders Limited and Re-Scan Limited dated 3 January 2013, as approved by the board 6 March 2013.

At the balance sheet date the total of the contingent liability under the guarantee was £Nil (2024:£1,659,373).

10. RELATED PARTY DISCLOSURES

During the year the company had the following related party transactions:

31.1.25 31.1.24
£ £
Sales and recharges to related parties 21,501 14,168
Purchases and recharges from related parties 28,860 27,480
Loans to related parties 320,000 -

The related parties are companies of which Mr N Ramsden is also a director.