REGISTERED NUMBER: 09399174

Unaudited Financial Statements

for the Period 1 January 2024 to 30 June 2025

for

Reserec Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

Fixed assets

Tangible assets

4

-

935

Current assets

Debtors

5

8,560

15,453

Cash at bank

56,942

92,211

65,502

107,664

Creditors

Amounts falling due within one year

6

2,848

3,035

Net current assets

62,654

104,629

Total assets less current liabilities

62,654

105,564

Capital and reserves

Called up share capital

7

95

95

Share premium

908,235

908,235

Retained earnings

(845,676

)

(802,766

)

Shareholders' funds

62,654

105,564

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2025 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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 October 2025 and were signed by:

J Y Gorla - Director

1.	Statutory information

Reserec Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address are as below:

Registered number:

09399174

Registered office:

Pound House

62a Highgate High Street

London

N6 5HX

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.

Fixtures and fittings

-

20% on cost

Computer equipment

-

20% on cost

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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.

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 period was 1 (2023 - 2 ) .

4.	Tangible fixed assets

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

Cost

At 1 January 2024

and 30 June 2025

806

21,477

22,283

Depreciation

At 1 January 2024

770

20,578

21,348

Charge for period

36

899

935

At 30 June 2025

806

21,477

22,283

Net book value

At 30 June 2025

-

-

-

At 31 December 2023

36

899

935

5.

Debtors: amounts falling due within one year

2025

2023

£

£

Other debtors

-

11,070

Directors' current accounts

5,103

-

VAT

3,457

2,313

Prepayments

-

2,070

8,560

15,453

6.

Creditors: amounts falling due within one year

2025

2023

£

£

Trade creditors

-

138

Social security and other taxes

-

2,843

Other creditors

2,848

54

2,848

3,035

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2023

value:

£

£

94,810

Ordinary 0.1p

0.1p

95

95

8.	Ultimate controlling party

The ultimate controlling party is J Y Gorla.