1 May 2024 false No description of principal activity Taxfiler 2024.6 11322314 business:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 11322314 2024-04-30 11322314 2024-05-01 2025-04-30 11322314 business:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 11322314 business:FilletedAccounts 2024-05-01 2025-04-30 11322314 2025-04-30 11322314 business:Director1 2024-05-01 2025-04-30 11322314 business:Director2 2024-05-01 2025-04-30 11322314 business:Director3 2024-05-01 2025-04-30 11322314 business:RegisteredOffice 2024-05-01 2025-04-30 11322314 2024-04-30 11322314 core:WithinOneYear 2025-04-30 11322314 core:WithinOneYear 2024-04-30 11322314 core:ShareCapital core:PreviouslyStatedAmount 2025-04-30 11322314 core:ShareCapital core:PreviouslyStatedAmount 2024-04-30 11322314 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-04-30 11322314 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-04-30 11322314 core:PreviouslyStatedAmount 2025-04-30 11322314 core:PreviouslyStatedAmount 2024-04-30 11322314 business:SmallEntities 2024-05-01 2025-04-30 11322314 countries:EnglandWales 2024-05-01 2025-04-30 11322314 core:PlantMachinery 2024-05-01 2025-04-30 11322314 core:MotorVehicles 2024-05-01 2025-04-30 11322314 core:FurnitureFittings 2024-05-01 2025-04-30 11322314 core:ComputerEquipment 2024-05-01 2025-04-30 11322314 core:PlantMachinery 2024-04-30 11322314 core:MotorVehicles 2024-04-30 11322314 core:ComputerEquipment 2024-04-30 11322314 core:PlantMachinery 2025-04-30 11322314 core:MotorVehicles 2025-04-30 11322314 core:ComputerEquipment 2025-04-30 11322314 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure
Company Registration No. 11322314 (England and Wales)
Reconal Ltd Unaudited accounts for the year ended 30 April 2025
Reconal Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Reconal Ltd Company Information for the year ended 30 April 2025
Directors
Marcin Doniesiewicz Jozef Bytnar Joanna Kotula
Company Number
11322314 (England and Wales)
Registered Office
The Square Basing View Basingstoke RG21 4EB England
- 3 -
Reconal Ltd Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
31,795
28,559
Current assets
Debtors
5
2,739,485
1,272,665
Cash at bank and in hand
9,321
121,628
2,748,806
1,394,293
Creditors: amounts falling due within one year
6
(2,469,494)
(1,201,731)
Net current assets
279,312
192,562
Net assets
311,107
221,121
Capital and reserves
Called up share capital
100
100
Profit and loss account
311,007
221,021
Shareholders' funds
311,107
221,121
For the year ending 30 April 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 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 of Directors and authorised for issue on 15 January 2026 and were signed on its behalf by
Marcin Doniesiewicz Director Company Registration No. 11322314
- 4 -
Reconal Ltd Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
Reconal Ltd is a private company, limited by shares, registered in England and Wales, registration number 11322314. The registered office is The Square, Basing View, Basingstoke, RG21 4EB, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the income statement, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Foreign exchange
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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
- 5 -
Reconal Ltd Notes to the Accounts for the year ended 30 April 2025
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Judgements in applying accounting policies and key sources of estimation uncertainty
The preparation of financial statements in compliance with FRS 102 Section 1A requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting polices. In preparing these financial statements, the directors have made the following judgements: Determine whether there are indicators of impairment of the company's inventories/tangible fixed assets. Factors taken into consideration in reaching such a decision include the economic viability and expected future financial performance of the asset and where it is a component of a larger cash-generating unit, the viability and expected future performance of that unit. Other key sources of estimation uncertainty: Tangible fixed assets (note 8) Tangible fixed assets are depreciated over their useful lives taking into account residual values, where appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending on a number of factors. In re-assessing asset lives, factors such as technological innovation, product life cycles and maintenance programmes are taken into account. Residual value assessments consider issues such as future market conditions, the remaining life of the asset and projected disposal values.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 May 2024
19,483
-
33,353
52,836
Additions
1,531
8,000
3,436
12,967
At 30 April 2025
21,014
8,000
36,789
65,803
Depreciation
At 1 May 2024
9,351
-
14,926
24,277
Charge for the year
2,816
1,705
5,210
9,731
At 30 April 2025
12,167
1,705
20,136
34,008
Net book value
At 30 April 2025
8,847
6,295
16,653
31,795
At 30 April 2024
10,132
-
18,427
28,559
- 6 -
Reconal Ltd Notes to the Accounts for the year ended 30 April 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
77,298
-
Trade debtors
1,916,024
878,705
Accrued income and prepayments
742,539
392,336
Other debtors
3,624
1,624
2,739,485
1,272,665
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
-
4,259
Trade creditors
2,122,194
954,627
Taxes and social security
201,859
132,773
Other creditors
33,961
2,700
Loans from directors
83,102
83,201
Accruals
28,378
24,171
2,469,494
1,201,731
7
Average number of employees
During the year the average number of employees was 19 (2024: 20).
- 7 -