Company Registration No. 11739090 (England and Wales)
Retro Express Ltd
Unaudited accounts
for the year ended 31 December 2024
Retro Express Ltd
Unaudited accounts
Contents
Retro Express Ltd
Company Information
for the year ended 31 December 2024
Director
Shanta Harish Raghvani
Company Number
11739090 (England and Wales)
Registered Office
322 PLATT LANE
MANCHESTER
M14 7DA
UNITED KINGDOM
Accountants
S&H Accountants
35 School Walk
Manchester
M16 7GD
Retro Express Ltd
Statement of financial position
as at 31 December 2024
Cash at bank and in hand
4,128
60
Creditors: amounts falling due within one year
(37,736)
(42,353)
Net current assets
67,171
55,866
Total assets less current liabilities
67,271
60,768
Creditors: amounts falling due after more than one year
(26,396)
(31,952)
Called up share capital
100
100
Profit and loss account
40,775
28,716
Shareholders' funds
40,875
28,816
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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 June 2025 and were signed on its behalf by
Shanta Harish Raghvani
Director
Company Registration No. 11739090
Retro Express Ltd
Notes to the Accounts
for the year ended 31 December 2024
Retro Express Ltd is a private company, limited by shares, registered in England and Wales, registration number 11739090. The registered office is 322 PLATT LANE, MANCHESTER, M14 7DA, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% per annum on the basis of reducing balance
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Tangible fixed assets
Fixtures & fittings
Retro Express Ltd
Notes to the Accounts
for the year ended 31 December 2024
5
Investments
Subsidiary undertakings
Valuation at 1 January 2024
100
Valuation at 31 December 2024
100
Amounts falling due within one year
Amounts falling due after more than one year
Other debtors
92,749
94,929
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
7,207
4,875
Loans from directors
29,619
34,949
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).