1 April 2024 false Taxfiler 2024.6 11898281 business:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11898281 2024-03-31 11898281 2024-04-01 2025-03-31 11898281 business:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 11898281 business:AbridgedAccounts 2024-04-01 2025-03-31 11898281 2025-03-31 11898281 business:Director1 2024-04-01 2025-03-31 11898281 business:Director2 2024-04-01 2025-03-31 11898281 business:RegisteredOffice 2024-04-01 2025-03-31 11898281 2024-03-31 11898281 core:WithinOneYear 2025-03-31 11898281 core:WithinOneYear 2024-03-31 11898281 core:AfterOneYear 2025-03-31 11898281 core:AfterOneYear 2024-03-31 11898281 core:ShareCapital core:PreviouslyStatedAmount 2025-03-31 11898281 core:ShareCapital core:PreviouslyStatedAmount 2024-03-31 11898281 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-03-31 11898281 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-03-31 11898281 core:PreviouslyStatedAmount 2025-03-31 11898281 core:PreviouslyStatedAmount 2024-03-31 11898281 business:SmallEntities 2024-04-01 2025-03-31 11898281 countries:EnglandWales 2024-04-01 2025-03-31 11898281 business:OrdinaryShareClass1 2024-04-01 2025-03-31 11898281 business:OrdinaryShareClass1 2023-04-01 2024-03-31 11898281 2023-04-01 2024-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 11898281 (England and Wales)
WE RECREATE LIMITED Unaudited accounts for the year ended 31 March 2025
WE RECREATE LIMITED Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
- 2 -
WE RECREATE LIMITED Company Information for the year ended 31 March 2025
Directors
Iwona Barszczewska Artur Przybysz
Company Number
11898281 (England and Wales)
Registered Office
38 Sefton Park Road Bristol BS7 9AJ United Kingdom
Accountants
Evans Entwistle Office 12a Equinox South, Great Park Road Bradley Stoke Bristol BS32 4QL
- 3 -
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of WE RECREATE LIMITED for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of WE RECREATE LIMITED for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle Member in Practice Office 12a Equinox South, Great Park Road Bradley Stoke Bristol BS32 4QL 13 August 2025
- 4 -
WE RECREATE LIMITED Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
3,350
-
Tangible assets
5
42,332
43,249
45,682
43,249
Current assets
Debtors
139,219
42,303
Cash at bank and in hand
142,784
226,771
282,003
269,074
Creditors: amounts falling due within one year
(106,274)
(107,686)
Net current assets
175,729
161,388
Total assets less current liabilities
221,411
204,637
Creditors: amounts falling due after more than one year
(39,382)
(30,860)
Net assets
182,029
173,777
Capital and reserves
Called up share capital
6
100
100
Profit and loss account
181,929
173,677
Shareholders' funds
182,029
173,777
For the year ending 31 March 2025 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 13 August 2025 and were signed on its behalf by
Iwona Barszczewska Director Company Registration No. 11898281
- 5 -
WE RECREATE LIMITED Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
WE RECREATE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11898281. The registered office is 38 Sefton Park Road, Bristol, BS7 9AJ, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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 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:
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
- 6 -
WE RECREATE LIMITED Notes to the Accounts for the year ended 31 March 2025
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Intangible fixed assets
Total
£
Cost
At 1 April 2024
-
Additions
4,187
At 31 March 2025
4,187
Amortisation
At 1 April 2024
-
Charge for the year
837
At 31 March 2025
837
Net book value
At 31 March 2025
3,350
5
Tangible fixed assets
Total
£
Cost or valuation
At 1 April 2024
112,365
Additions
21,250
At 31 March 2025
133,615
Depreciation
At 1 April 2024
69,116
Charge for the year
22,167
At 31 March 2025
91,283
Net book value
At 31 March 2025
42,332
At 31 March 2024
43,249
6
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
7
Average number of employees
During the year the average number of employees was 3 (2024: 3).
- 7 -