Rfactory Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 08383416

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,988		2,110
Investments	5		402		402

			2,390		2,512
CURRENT ASSETS
Debtors	6	831		993
Cash at bank and in hand		2,042		5,600

		2,873		6,593
Creditors: Amounts Falling Due Within One Year	7	(53,143 )		(59,861 )

NET CURRENT ASSETS (LIABILITIES)			(50,270 )		(53,268 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(47,880 )		(50,756 )

NET LIABILITIES			(47,880 )		(50,756 )

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			(47,980 )		(50,856 )

SHAREHOLDERS' FUNDS			(47,880)		(50,756)

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Rfactory Ltd

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 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

Ms Sonal Darbar Director	Mr Jeffrey Boccaccio Director
30/12/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Rfactory Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08383416 . The registered office is Avondale House, 262 Uxbridge Road, Hatch End, HA5 4HS.

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. 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	25% Reducing balance
Fixtures & Fittings	25% Reducing balance

2.4. 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: 2 (2023: 2)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 January 2024	5,214	312	5,526
Additions	540	-	540

As at 31 December 2024	5,754	312	6,066

Depreciation
As at 1 January 2024	3,222	194	3,416
Provided during the period	633	29	662

As at 31 December 2024	3,855	223	4,078

...CONTINUED

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Rfactory Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Net Book Value
As at 31 December 2024	1,899	89	1,988

As at 1 January 2024	1,992	118	2,110

5. Investments

	Listed
	£
Cost or Valuation
As at 1 January 2024	402

As at 31 December 2024	402

Provision
As at 1 January 2024	-

As at 31 December 2024	-

Net Book Value
As at 31 December 2024	402

As at 1 January 2024	402

6. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	667	667
VAT	164	326

	831	993

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Bank loans and overdrafts	840	486
Other taxes and social security	70	70
Other creditors - Jeff Credit Card	672	590
Other creditors (1) - Out of Pocket Expenses Claim	280	278
Accruals and deferred income	-	100
Directors' loan accounts	51,281	58,337

	53,143	59,861

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

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