Rez Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

Registered number: 08003701

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		560		361

			560		361
CURRENT ASSETS
Debtors	5	-		11,596
Cash at bank and in hand		135,133		52,765

		135,133		64,361
Creditors: Amounts Falling Due Within One Year	6	(39,037 )		(5,656 )

NET CURRENT ASSETS (LIABILITIES)			96,096		58,705

TOTAL ASSETS LESS CURRENT LIABILITIES			96,656		59,066

NET ASSETS			96,656		59,066

CAPITAL AND RESERVES
Called up share capital	7		200		200
Profit and Loss Account			96,456		58,866

SHAREHOLDERS' FUNDS			96,656		59,066

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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges her 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

R Poroohan

Director

05/12/2025

The notes on pages 2 to 4 form part of these financial statements.

1. General Information

Rez Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08003701 . The registered office is 40-B Highlever Road, London, W10 6PT.

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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.2. Going Concern Disclosure

The financial statements have been prepared on a going concern basis. The company's business activities, performance and position together with its principal risks and uncertainties are likely to affect its future development and performance. The director, having made enquiries and reviewed the forecasts and in light of the opportunities and facilities available, have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, including reflecting on the impact of COVID19. Therefore, it is reasonable to continue to adopt the going concern basis in preparing the Annual Report and Accounts.

2.3. 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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts. The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity, and specific criteria have been met for each of the company's activities.

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:

Plant & Machinery

33.33% Reducing balance

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

2.6. Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

2.7. Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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Rez Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.8. Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

2.9 Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Plant & Machinery etc.
	£
Cost
As at 1 April 2024	2,855
Additions	479

As at 31 March 2025	3,334

Depreciation
As at 1 April 2024	2,494
Provided during the period	280

As at 31 March 2025	2,774

Net Book Value
As at 31 March 2025	560

As at 1 April 2024	361

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	-	11,596

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	31,651	5,656
Taxation and social security	7,386	-

	39,037	5,656

7. Share Capital

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

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Rez Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

8. Dividends

	2025	2024
	£	£
On equity shares:
Interim dividend paid	500	1,000

During the year, the company paid dividend of £500 (2024: £1,000).

9. Related Party Transactions

The company's key management personnel include only the director and received a compensation of £9,100 (2024: £9,700) and a dividend of £500. During the year, the director also incurred various administrative business expenses of £16,805 which remained outstanding. At the balance sheet date there was an outstanding loan owed to the director of £30,901 (2024: £4,995) at the year end. This loan was unsecured, interest free and repayable on demand.

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