1 July 2024 false Taxfiler 2024.6 03386144 business:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 03386144 2024-06-30 03386144 2024-07-01 2025-06-30 03386144 business:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 03386144 business:FilletedAccounts 2024-07-01 2025-06-30 03386144 2025-06-30 03386144 business:Director1 2024-07-01 2025-06-30 03386144 business:RegisteredOffice 2024-07-01 2025-06-30 03386144 2024-06-30 03386144 core:WithinOneYear 2025-06-30 03386144 core:WithinOneYear 2024-06-30 03386144 core:AfterOneYear 2025-06-30 03386144 core:AfterOneYear 2024-06-30 03386144 core:ShareCapital core:PreviouslyStatedAmount 2025-06-30 03386144 core:ShareCapital core:PreviouslyStatedAmount 2024-06-30 03386144 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-06-30 03386144 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-06-30 03386144 core:PreviouslyStatedAmount 2025-06-30 03386144 core:PreviouslyStatedAmount 2024-06-30 03386144 business:SmallEntities 2024-07-01 2025-06-30 03386144 countries:EnglandWales 2024-07-01 2025-06-30 03386144 business:OrdinaryShareClass1 2024-07-01 2025-06-30 03386144 business:OrdinaryShareClass1 2023-07-01 2024-06-30 03386144 2023-07-01 2024-06-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 03386144 (England and Wales)
Recellular Investment Company Limited Unaudited accounts for the year ended 30 June 2025
Recellular Investment Company Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Recellular Investment Company Limited Company Information for the year ended 30 June 2025
Director
J D Womby
Company Number
03386144 (England and Wales)
Registered Office
Primary House Spring Gardens Macclesfield Cheshire SK10 2DX
Accountants
Taylor Consultancy, Chartered Certified Accountants Primary House Spring Gardens Macclesfield Cheshire SK10 2DX
- 3 -
Recellular Investment Company Limited Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
-
154,644
Investments
5
200
200
200
154,844
Current assets
Debtors
6
14,349
-
Creditors: amounts falling due within one year
7
(15,261)
(140,005)
Net current liabilities
(912)
(140,005)
Total assets less current liabilities
(712)
14,839
Creditors: amounts falling due after more than one year
8
-
(10,505)
Net (liabilities)/assets
(712)
4,334
Capital and reserves
Called up share capital
9
100
100
Profit and loss account
(812)
4,234
Shareholders' funds
(712)
4,334
For the year ending 30 June 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 director acknowledges his 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 11 March 2026 and were signed on its behalf by
J D Womby Director Company Registration No. 03386144
- 4 -
Recellular Investment Company Limited Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
Recellular Investment Company Limited is a private company, limited by shares, registered in England and Wales, registration number 03386144. The registered office is Primary House, Spring Gardens, Macclesfield, Cheshire, SK10 2DX.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Investment property
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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset. Deferred tax assets and liabilities are not discounted.
4
Investment property
2025
£
Fair value at 1 July 2024
154,644
Disposals
(154,644)
At 30 June 2025
-
The investment property relates in full to 6 Pierce Street, Macclesfield, Cheshire and is recorded at cost.
- 5 -
Recellular Investment Company Limited Notes to the Accounts for the year ended 30 June 2025
5
Investments
Subsidiary undertakings
£
Valuation at 1 July 2024
200
Valuation at 30 June 2025
200
The investment of £200 relates to the holding of 200 ordinary shares of £1 each in Recellular (UK) Limited ( company number 03236730 ) which is registered in England and Wales. Recellular (UK) Limited is 100% owned by Recellular Investment Company Limited.
6
Debtors
2025
2024
£
£
Amounts falling due after more than one year
Amounts due from group undertakings etc.
14,349
-
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
10,512
10,254
Amounts owed to group undertakings and other participating interests
4,749
129,751
15,261
140,005
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
10,505
9
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Transactions with related parties
Recellular (UK) Limited is a 100% owned subsidiary company. At the balance sheet date there was a loan from Recellular UK Limited to Recellular Investment Company of £4,749 ( 2024 £4,749 ) which is subject to interest at a commercial rate and is repayable upon demand. Mr J D Womby is a director and shareholder in both Recellular Investment Company Limited and Southpark Developments Limited. During the year Southpark Developments Limited charged Recellular Investment Company Limited management fee of £Nil ( 2024 £11,400 ). At the balance sheet date there was a loan to Southpark Developments Limited from Recellular Investment Company Limited of £14,349 ( 2024 (£125,002)) which is subject to interest at a commercial rate and is repayable upon demand.
- 6 -
Recellular Investment Company Limited Notes to the Accounts for the year ended 30 June 2025
11
Average number of employees
During the year the average number of employees was 1 (2024: 1).
- 7 -