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Registered number: 04419777
RE House Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Clouders (Audit & Accounts) Ltd
Charter House, 103-105 Leigh Road
Leigh-On-Sea
Essex
SS9 1JL
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 04419777
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 6,579 13,159
Tangible Assets 5 146,517 112,652
153,096 125,811
CURRENT ASSETS
Debtors 6 226,708 185,863
Cash at bank and in hand 89,802 86,502
316,510 272,365
Creditors: Amounts Falling Due Within One Year 7 (99,571 ) (54,252 )
NET CURRENT ASSETS (LIABILITIES) 216,939 218,113
TOTAL ASSETS LESS CURRENT LIABILITIES 370,035 343,924
Creditors: Amounts Falling Due After More Than One Year 8 (7,372 ) (5,000 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (11,103 ) (5,044 )
NET ASSETS 351,560 333,880
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 351,460 333,780
SHAREHOLDERS' FUNDS 351,560 333,880
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.
On behalf of the board
Mrs Carol Carr
Director
24/12/2025
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
RE House Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04419777 . The registered office is 105 Leigh Road, Leigh-On-Sea, Essex, SS9 1JL.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of twenty 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 No depreciation
Fixtures & Fittings 25% reducing balance
Computer Equipment 33% straight line
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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.
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 assets reflect 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: 10)
12 10
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 106,424
As at 31 March 2025 106,424
Amortisation
As at 1 April 2024 93,265
Provided during the period 6,580
As at 31 March 2025 99,845
Net Book Value
As at 31 March 2025 6,579
As at 1 April 2024 13,159
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5. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 92,464 54,121 15,808 162,393
Additions - 48,475 450 48,925
As at 31 March 2025 92,464 102,596 16,258 211,318
Depreciation
As at 1 April 2024 - 34,602 15,139 49,741
Provided during the period - 14,619 441 15,060
As at 31 March 2025 - 49,221 15,580 64,801
Net Book Value
As at 31 March 2025 92,464 53,375 678 146,517
As at 1 April 2024 92,464 19,519 669 112,652
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 12,000 17,856
Other debtors 209,780 168,007
Other taxes and social security 4,928 -
226,708 185,863
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 216 216
Bank loans and overdrafts 5,159 4,000
Corporation tax 13,183 13,183
Other taxes and social security - 1,885
Other creditors 36,500 8,500
Accrued expenses 2,113 5,759
Directors' loan accounts 42,400 20,709
99,571 54,252
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8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 7,372 5,000
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
10. Dividends
2025 2024
£ £
On equity shares:
Interim dividend paid 500 1,000
11. Related Party Transactions
The company maintained a loan account with Roach Properties Ltd. One of the directors of RE House Limited is also the director of this company. At the year-end, £200,780 (2024 - £159,007) was owed to the company and is shown in other debtors.
The company maintained a loan account with Times & Space Ltd. One of the directors of RE House Limited is also the director of this company. At the year-end, £36,500 (2024 - £7,900) was owed to the company and is shown in other creditors.
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