Reyelise Limited - Filleted accounts

Registered number

10557555

Reyelise Limited

Filleted Accounts

31 January 2025

Reyelise Limited
Registered number:		10557555
Balance Sheet
as at 31 January 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		4,610			6,176

Current assets
Debtors	4	88,713			5,717
Cash at bank		43,943			25,878
		132,656			31,595

Creditors: amounts falling due within one year	5	(25,346)			20,675

Net current assets			107,310			52,270

Net assets			111,920			58,446

Capital and reserves
Called up share capital			1,000			1,000
Profit and loss account			110,920			57,446

Shareholder's funds			111,920			58,446

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.




Mr S Liaskos
Director
Approved by the board on 29 October 2025

Reyelise Limited
Notes to the Accounts
for the year ended 31 January 2025


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 the rendering of IT services.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment	over 5 years

	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. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		1		1


3	Tangible fixed assets
					Computer equipment
£
	Cost
	At 1 February 2024				15,974
	At 31 January 2025				15,974

	Depreciation
	At 1 February 2024				9,798
	Charge for the year				1,566
	At 31 January 2025				11,364

	Net book value
	At 31 January 2025				4,610
	At 31 January 2024				6,176


4	Debtors		2025		2024
£				£

	Trade debtors		88,713		5,717


5	Creditors: amounts falling due within one year		2025		2024
£				£

	Trade creditors		(11,394)		(27,961)
	Taxation and social security costs		35,686		6,153
	Other creditors		1,054		1,133
			25,346		(20,675)


6	Other information

	Reyelise Limited is a private company limited by shares and incorporated in England. Its registered office is:
	63/66 Hatton Garden
	Fifth Floor, Suite 23
	London
	EC1N 8LE