RewardPay Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 11874388

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		10,244		12,355
Investments	5		105		105

			10,349		12,460
CURRENT ASSETS
Debtors	6	191,658		66,026
Cash at bank and in hand		1,588		10,906

		193,246		76,932
Creditors: Amounts Falling Due Within One Year	7	(2,092 )		(9,092 )

NET CURRENT ASSETS (LIABILITIES)			191,154		67,840

TOTAL ASSETS LESS CURRENT LIABILITIES			201,503		80,300

Creditors: Amounts Falling Due After More Than One Year	8		(245,735 )		(32,160 )

NET (LIABILITIES)/ASSETS			(44,232 )		48,140

CAPITAL AND RESERVES
Called up share capital	9		200		200
Share premium account			5		-
Profit and Loss Account			(44,437 )		47,940

SHAREHOLDERS' FUNDS			(44,232)		48,140

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RewardPay Ltd

Balance Sheet (continued)

As At 31 March 2025

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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Richard Syme

Director

10/11/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

RewardPay Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11874388 . The registered office is 35-37 Exchange Street, Norwich, NR2 1DP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets relate to trademarks and other intangible assets. They are amortised to profit and loss account over their estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

33% Straight Line

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

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RewardPay Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Intangible Assets

	Other
	£
Cost
As at 1 April 2024	21,108

As at 31 March 2025	21,108

Amortisation
As at 1 April 2024	8,753
Provided during the period	2,111

As at 31 March 2025	10,864

Net Book Value
As at 31 March 2025	10,244

As at 1 April 2024	12,355

5. Investments

	Unlisted
	£
Cost or Valuation
As at 1 April 2024	105

As at 31 March 2025	105

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	105

As at 1 April 2024	105

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	7,210	6,115
Amounts owed by group undertakings	141,139	-
Amounts owed by participating interests	42,889	22,999
Other debtors	420	36,912

	191,658	66,026

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RewardPay Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	-	300
Other creditors	1,530	7,553
Taxation and social security	562	1,239

	2,092	9,092

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Amounts owed to participating interests	245,735	32,160

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	200	200

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2025
	£	£	£	£	£
Mr Richard Syme	-	418	-	-	418

The above loan is unsecured, interest free and repayable on demand. The loan was repaid in full within 9 months of the year end.

11. Related Party Transactions

At the period end the company was owed £184,028 (2024: £22,999) from and owed £245,735 (2024 - £22,096) to related parties. The amount owed to related parties is due after 12 months.

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