Receptional Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08924793 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

RECEPTIONAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R W Brown

J P Deaville

M Loughlin

Mrs E A Brown

SECRETARY:

R W Brown

REGISTERED OFFICE:

Church View Chambers

38 Market Square

Toddington

Bedfordshire

LU5 6BS

REGISTERED NUMBER:

08924793 (England and Wales)

ACCOUNTANTS:

Landers Accountants Ltd

Church View Chambers

38 Market Square

Toddington

Bedfordshire

LU5 6BS

FIXED ASSETS

Property, plant and equipment

4

137,222

103,021

CURRENT ASSETS

Debtors

5

606,668

548,666

Cash at bank

651,033

428,472

1,257,701

977,138

CREDITORS

Amounts falling due within one year

6

449,096

433,243

NET CURRENT ASSETS

808,605

543,895

TOTAL ASSETS LESS CURRENT
LIABILITIES

945,827

646,916

PROVISIONS FOR LIABILITIES

27,271

20,709

NET ASSETS

918,556

626,207

CAPITAL AND RESERVES

Called up share capital

1,072

Retained earnings

917,484

625,135

918,556

626,207

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 23 October 2025 and were signed on its behalf by:

J P Deaville - Director

M Loughlin - Director

1.	STATUTORY INFORMATION

Receptional Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page, and its place of business is Trinity Gardens, 9-11 Bromham Road, Bedford, Bedfordshire, MK40 2BP.

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Revenue

Revenue (also described as sales or turnover) is the value of work (net of VAT) performed during the year with respect to services.

Revenue Recognition

Revenue is recognised on the provision of services on a percentage degree of completion basis calculated by reference to the time expended compared to the total anticipated time.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

10% on cost

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 45 (2024 - 47 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

COST

At 1 April 2024

72,205

28,074

111,532

211,811

Additions

40,142

1,192

21,083

62,417

At 31 March 2025

112,347

29,266

132,615

274,228

DEPRECIATION

At 1 April 2024

35,951

14,505

58,334

108,790

Charge for year

9,265

2,170

16,781

28,216

At 31 March 2025

45,216

16,675

75,115

137,006

NET BOOK VALUE

At 31 March 2025

67,131

12,591

57,500

137,222

At 31 March 2024

36,254

13,569

53,198

103,021

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

426,894

438,674

Other debtors

179,774

109,992

606,668

548,666

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

80,696

44,299

Amounts owed to group undertakings

58,084

120,997

Taxation and social security

240,416

152,827

Other creditors

69,900

115,120

449,096

433,243

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.25

31.3.24

£

Within one year

59,434

Between one and five years

137,420

187,663

In more than five years

-

9,191

196,854

256,288

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

Director 1

Balance outstanding at start of year

-

434

Amounts repaid

-

(434

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

Director 2

Balance outstanding at start of year

(257

)

117

Amounts repaid

-

(374

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(257

)

(257

)

Director 3

Balance outstanding at start of year

3,000

5,000

Amounts repaid

(3,000

)

(2,000

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

3,000

9.	PARENT COMPANY

The parent company is Receptional Holdings Limited, and its registered office is Church View Chambers, 38 Market Square, Toddington, Bedfordshire, LU5 6BS.