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COMPANY REGISTRATION NUMBER: 07445725

REJOICE LIMITED

Unaudited Financial Statements

30 November 2025

REJOICE LIMITED

Financial Statements

Year ended 30 November 2025

Contents | Page

Director's report | 1

Statement of income and retained earnings | 2

Statement of financial position | 3

Notes to the financial statements | 4

REJOICE LIMITED

Director's Report

Year ended 30 November 2025
The director presents her report and the unaudited financial statements of the company for the year ended 30 November 2025 .
Director
The director who served the company during the year was as follows:

MRS U B WEMAMBU |

Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 30 January 2026 and signed on behalf of the board by:

MRS U B WEMAMBU |
Director |

Registered office:
112 ONSLOW ROAD
CROYDON
SURREY
UK
CR0 3NL

REJOICE LIMITED

Statement of Income and Retained Earnings

Year ended 30 November 2025

| 2025 | 2024
Note | £ | £
Turnover | 9,339 | 13,891

Cost of sales | 1,288 | 2,111
| ------- | --------
Gross profit | 8,051 | 11,780

Administrative expenses | 14,394 | 14,943
| -------- | --------
Operating loss | ( 6,343) | ( 3,163)

|  | -------- | --------
Loss before taxation | 4 | ( 6,343) | ( 3,163)

Tax on loss | – | –
| ------- | -------
Loss for the financial year and total comprehensive income | ( 6,343) | ( 3,163)
| ------- | -------

Retained losses at the start of the year | ( 18,775) | ( 15,612)
| -------- | --------
Retained losses at the end of the year | ( 25,118) | ( 18,775)
| -------- | --------

All the activities of the company are from continuing operations.

REJOICE LIMITED

Statement of Financial Position

30 November 2025

| 2025 | 2024
Note | £ | £ | £

Fixed assets

Tangible assets | 5 |  | 1,560 | 6,751

Current assets

Cash at bank and in hand | 987 |  | 850

Creditors: amounts falling due within one year | 6 | 8,444 |  | 12,751
| ------- |  | --------
Net current liabilities |  | 7,457 | 11,901
|  | ------- | --------
Total assets less current liabilities |  | ( 5,897) | ( 5,150)

Creditors: amounts falling due after more than one year | 7 |  | 19,121 | 13,525
|  | -------- | --------
Net liabilities |  | ( 25,018) | ( 18,675)
|  | -------- | --------

Capital and reserves

Called up share capital |  | 100 | 100
Profit and loss account |  | ( 25,118) | ( 18,775)
|  | -------- | --------
Shareholders deficit |  | ( 25,018) | ( 18,675)
|  | -------- | --------

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 30 January 2026 , and are signed on behalf of the board by:

MRS U B WEMAMBU |
Director |

Company registration number: 07445725

REJOICE LIMITED

Notes to the Financial Statements

Year ended 30 November 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 112 ONSLOW ROAD, CROYDON, SURREY, CR0 3NL, UK.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Plant & Machinery | - | 25% straight line
| Fixtures & Fittings | - | 25% straight line
| Motor Vehicles | - | 25% straight line
| Office Equipment | - | 25% straight line

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Finance leases and hire purchase contracts
Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Profit before taxation
Profit before taxation is stated after charging:

| 2025 | 2024
| £ | £
Depreciation of tangible assets | 5,191 | 5,192
| ------- | -------

5. Tangible assets

| Plant and machinery | Fixtures and fittings | Motor vehicles | Equipment | Total
| £ | £ | £ | £ | £
Cost |  |  |  |  |
At 1 December 2024 and 30 November 2025 | 1,520 | 468 | 18,027 | 750 | 20,765
| ------- | ---- | -------- | ---- | --------
Depreciation |  |  |  |  |
At 1 December 2024 | 1,108 | 341 | 12,018 | 547 | 14,014
Charge for the year | 380 | 117 | 4,507 | 187 | 5,191
| ------- | ---- | -------- | ---- | --------
At 30 November 2025 | 1,488 | 458 | 16,525 | 734 | 19,205
| ------- | ---- | -------- | ---- | --------
Carrying amount |  |  |  |  |
At 30 November 2025 | 32 | 10 | 1,502 | 16 | 1,560
| ------- | ---- | -------- | ---- | --------
At 30 November 2024 | 412 | 127 | 6,009 | 203 | 6,751
| ------- | ---- | -------- | ---- | --------

6. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 7,860 | 12,317
Other creditors | 584 | 434
| ------- | --------
| 8,444 | 12,751
| ------- | --------

7. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Other creditors | 19,121 | 13,525
| -------- | --------

8. Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:

| 2025
|  | Balance brought forward | Advances/ (credits) to the director | Balance outstanding
|  | £ | £ | £
| MRS U B WEMAMBU | (8,599) | ( 9,542) | ( 18,141)
|  | ------- | ------- | --------

| 2024
|  | Balance brought forward | Advances/ (credits) to the director | Balance outstanding
|  | £ | £ | £
| MRS U B WEMAMBU | ( 3,170) | ( 5,428) | ( 8,598)
|  | ------- | ------- | -------

Directors advances, credits and guarantees disclosed as follows:(a) its amounts (£18,140.42); (b) at the interest rate of 2.8% APR; (c) to be repaid within 5 years & (d) repayment of the credits commences first month after the end of the accounting period.
9. Related party transactions
The company was under the control of Mrs Bridget WEMAMBU-MOEDU throughout the current and previous year. Mrs Bridget WEMAMBU-MOEDU is the managing director and majority shareholder. No transactions with related parties were undertaken such as are required to be disclosed under the Financial Reporting Standard for Smaller Entities 2015.