Company Registration No. 13736936 (England and Wales)
Redeployable Limited
Unaudited accounts
for the year ended 31 December 2024
Redeployable Limited
Unaudited accounts
Contents
Redeployable Limited
Company Information
for the year ended 31 December 2024
Company Number
13736936 (England and Wales)
Registered Office
71-75 Shelton Street
London
WC2H 9JQ
Accountants
Multiply Accountancy Limited
71-75 Shelton Street
London
WC2H 9JQ
Redeployable Limited
Statement of financial position
as at 31 December 2024
Intangible assets
33,984
17,802
Tangible assets
4,195
4,069
Cash at bank and in hand
35,394
50,330
Creditors: amounts falling due within one year
(242,691)
(78,395)
Net current liabilities
(152,279)
(5,865)
Total assets less current liabilities
(114,100)
16,006
Creditors: amounts falling due after more than one year
-
(26,260)
Net liabilities
(114,100)
(10,254)
Called up share capital
121
114
Share premium
435,055
281,234
Profit and loss account
(549,276)
(291,602)
Shareholders' funds
(114,100)
(10,254)
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 September 2025 and were signed on its behalf by
Benjamin Read
Director
Company Registration No. 13736936
Redeployable Limited
Notes to the Accounts
for the year ended 31 December 2024
Redeployable Limited is a private company, limited by shares, registered in England and Wales, registration number 13736936. The registered office is 71-75 Shelton Street, London, WC2H 9JQ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
These financial statements have been prepared on a going concern basis. At the balance sheet date, the company’s net liabilities amounted to £113,842. Since the year end, the company has raised additional funds of £370,768 from shareholders/investors. The directors have considered the impact of this fundraising together with the company’s forecast cash flows and available facilities.
On this basis, the directors consider that the company has adequate resources to continue in operational existence for at least 12 months from the date of approval of these financial statements. Accordingly, the financial statements have been prepared on a going concern basis.
Redeployable Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Intangible fixed assets
Other
At 31 December 2024
85,617
At 31 December 2024
51,633
At 31 December 2024
33,984
At 31 December 2023
17,802
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2024
171
5,434
5,605
At 31 December 2024
171
7,180
7,351
At 1 January 2024
57
1,479
1,536
Charge for the year
43
1,577
1,620
At 31 December 2024
100
3,056
3,156
At 31 December 2024
71
4,124
4,195
At 31 December 2023
114
3,955
4,069
Amounts falling due within one year
Trade debtors
52,920
19,785
Accrued income and prepayments
2,098
2,415
Redeployable Limited
Notes to the Accounts
for the year ended 31 December 2024
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
9,187
1,118
Taxes and social security
56,104
22,867
Other creditors
116,754
909
Loans from directors
60,646
18,251
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 6 (2023: 5).