REGISTERED NUMBER: 13084762 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

REFORM FINANCIAL LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr L J Bridges

REGISTERED OFFICE:

124 City Road

London

EC1V 2NX

REGISTERED NUMBER:

13084762 (England and Wales)

ACCOUNTANTS:

Peter Jarman LLP

trading as

Peter Jarman & Company

St James' Hall

Mill Road

Lancing

West Sussex

BN15 0PT

FIXED ASSETS

Tangible assets

4

299

398

CURRENT ASSETS

Debtors

5

59,024

47,973

Cash at bank

13,379

100,867

72,403

148,840

CREDITORS

Amounts falling due within one year

6

(12,309

)

(54,261

)

NET CURRENT ASSETS

60,094

94,579

TOTAL ASSETS LESS CURRENT LIABILITIES

60,393

94,977

PROVISIONS FOR LIABILITIES

7

(58

)

(76

)

NET ASSETS

60,335

94,901

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

60,135

94,701

60,335

94,901

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

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

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 Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 September 2025 and were signed by:

Mr L J Bridges - Director

1.	STATUTORY INFORMATION

Reform Financial 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

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 etc

-

25% on reducing balance

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

708

DEPRECIATION

At 1 January 2024

310

Charge for year

99

At 31 December 2024

409

NET BOOK VALUE

At 31 December 2024

299

At 31 December 2023

398

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

1,001

450

Amounts owed by group undertakings

58,023

47,523

59,024

47,973

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Taxation and social security

12,309

53,819

Other creditors

-

442

12,309

54,261

7.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

58

76

Deferred

tax

£

Balance at 1 January 2024

76

Provided during year

(18

)

Balance at 31 December 2024

58

8.	RELATED PARTY DISCLOSURES

Reform Financial Limited loaned £10,500 (2023: £47,523) in the year to Play9 Ltd, a company of which the sole director and shareholder of Reform Financial Limited is also the sole director and shareholder of Play9 Ltd. The amount owed at the end of the year totalled £58,023 (2023: £47,523).