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Company Registration No. 15419235 (England and Wales)
Refly Group Ltd Unaudited accounts for the period from 17 January 2024 to 31 January 2025
Refly Group Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Refly Group Ltd Company Information for the period from 17 January 2024 to 31 January 2025
Directors
Mohamed Eiweada Andrea Secchi Luciano Secchi Roberto Tamburelli
Secretary
Giave Secretaries Limited
Company Number
15419235 (England and Wales)
Registered Office
2nd Floor 22 Eastcheap London EC3M 1EU England
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Refly Group Ltd Statement of financial position as at 31 January 2025
2025
Notes
£
Current assets
Debtors
4
848,446
Cash at bank and in hand
163,960
1,012,406
Creditors: amounts falling due within one year
5
120
Net current assets
1,012,526
Net assets
1,012,526
Capital and reserves
Called up share capital
6
10,000
Capital contribution reserve
1,004,428
Profit and loss account
(1,902)
Shareholders' funds
1,012,526
For the period ending 31 January 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 9 February 2026 and were signed on its behalf by
Mohamed Eiweada Director Company Registration No. 15419235
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Refly Group Ltd Notes to the Accounts for the period from 17 January 2024 to 31 January 2025
1
Statutory information
Refly Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 15419235. The registered office is 2nd Floor, 22 Eastcheap, London, EC3M 1EU, 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 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. The Company's functional currency is EUR
Investments
Investments in shares are included at fair value.
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.
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.
Going concern
The Directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the Company's ability to continue as a going concern.
4
Debtors
2025
£
Amounts falling due within one year
Amounts due from group undertakings etc.
273,457
Other debtors
574,989
848,446
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Refly Group Ltd Notes to the Accounts for the period from 17 January 2024 to 31 January 2025
5
Creditors: amounts falling due within one year
2025
£
Other creditors
(120)
Amongst Other Creditors is an amount of £120, due from Mr Roberto Tamburelli, a shareholder of the company.
6
Share capital
2025
£
Allotted, called up and fully paid:
1,000,000 Ordinary shares of £0.01 each
10,000
7
Transactions with related parties
At the reporting date, an amount of £273,457 was owed to Refly Management Ltd, a wholly owned subsidiary, incorporated on 26/03/2024, with registered office at :13-14 Esplanade, St Helier, Jersey, JE1 1BD
8
Controlling party
Ultimate controlling party is Refly Holding Limited, a private Company limited by shares, with registered offices address at: 22 Eastcheap, 2nd Floor, London, England, EC3M 1EU. At the reporting date, the Parent held 98.8% of Refly Group Limited.
9
Average number of employees
During the period the average number of employees was 0.
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