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Registered number: 04268456
Reeceryan Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2025
Castle & Co
16-18 West Street
Rochford
SS4 1AJ
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Abridged Balance Sheet
Registered number: 04268456
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 122,076 132,126
Tangible Assets 5 62,676 83,324
Investments 6 1,010 -
185,762 215,450
CURRENT ASSETS
Debtors 183,374 120,548
Cash at bank and in hand 220,853 198,063
404,227 318,611
Creditors: Amounts Falling Due Within One Year (438,811 ) (423,148 )
NET CURRENT ASSETS (LIABILITIES) (34,584 ) (104,537 )
TOTAL ASSETS LESS CURRENT LIABILITIES 151,178 110,913
Creditors: Amounts Falling Due After More Than One Year (43,603 ) (61,675 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (15,669 ) (15,832 )
NET ASSETS 91,906 33,406
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 91,806 33,306
SHAREHOLDERS' FUNDS 91,906 33,406
Page 1
Page 2
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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Anthony Lindberg
Director
12/12/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Reeceryan Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 04268456 . The registered office is 16-18 West Street, Rochford, Essex, SS4 1AJ.
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 sale of goods and 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 - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... 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:
Leasehold 33.3% Straight Line
Plant & Machinery 20% Straight Line
Motor Vehicles 20% Straight Line
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 year 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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2024: 14)
12 14
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4. Intangible Assets
Total
£
Cost
As at 1 April 2024 252,449
As at 31 March 2025 252,449
Amortisation
As at 1 April 2024 120,323
Provided during the period 10,050
As at 31 March 2025 130,373
Net Book Value
As at 31 March 2025 122,076
As at 1 April 2024 132,126
5. Tangible Assets
Total
£
Cost
As at 1 April 2024 175,841
As at 31 March 2025 175,841
Depreciation
As at 1 April 2024 92,517
Provided during the period 20,648
As at 31 March 2025 113,165
Net Book Value
As at 31 March 2025 62,676
As at 1 April 2024 83,324
6. Investments
Total
£
Cost or Valuation
As at 1 April 2024 -
Additions 1,010
As at 31 March 2025 1,010
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 1,010
As at 1 April 2024 -
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7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 5