14 false false false false false false false false false false true false false false false false true true No description of principal activity 2024-09-01 Sage Accounts Production Advanced 2025 - FRS102_2025 xbrli:pure xbrli:shares iso4217:GBP 05101417 2024-09-01 2025-08-31 05101417 2025-08-31 05101417 2024-08-31 05101417 2023-09-01 2024-08-31 05101417 2024-08-31 05101417 2023-08-31 05101417 bus:Director7 2024-09-01 2025-08-31 05101417 core:WithinOneYear 2025-08-31 05101417 core:WithinOneYear 2024-08-31 05101417 core:ShareCapital 2025-08-31 05101417 core:ShareCapital 2024-08-31 05101417 core:RetainedEarningsAccumulatedLosses 2025-08-31 05101417 core:RetainedEarningsAccumulatedLosses 2024-08-31 05101417 bus:Director1 2024-09-01 2025-08-31 05101417 bus:SmallEntities 2024-09-01 2025-08-31 05101417 bus:AuditExemptWithAccountantsReport 2024-09-01 2025-08-31 05101417 bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 05101417 bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 05101417 bus:AbridgedAccounts 2024-09-01 2025-08-31 05101417 core:FurnitureFittings 2024-09-01 2025-08-31 05101417 core:MotorVehicles 2024-09-01 2025-08-31
COMPANY REGISTRATION NUMBER: 05101417

Recycle IT 4 U Limited

Filleted Unaudited Abridged Financial Statements

31 August 2025

Recycle IT 4 U Limited

Abridged Statement of Financial Position

31 August 2025

| 2025 | 2024
Note | £ | £ | £

Fixed assets

Tangible assets | 5 |  | 49,621 | 25,520

Current assets

Stocks | 17,930 |  | 6,382
Debtors | 45,704 |  | 40,145
Cash at bank and in hand | 52,518 |  | 120,646
| --------- |  | ---------
| 116,152 |  | 167,173

Creditors: amounts falling due within one year | 51,764 |  | 53,738
| --------- |  | ---------
Net current assets |  | 64,388 | 113,435
|  | --------- | ---------
Total assets less current liabilities |  | 114,009 | 138,955

Provisions

Taxation including deferred tax |  | 6,380 | 5,600
|  | --------- | ---------
Net assets |  | 107,629 | 133,355
|  | --------- | ---------

Capital and reserves

Called up share capital |  | 1,000 | 1,000
Profit and loss account |  | 106,629 | 132,355
|  | --------- | ---------
Shareholders funds |  | 107,629 | 133,355
|  | --------- | ---------

These abridged financial statements have been prepared and delivered 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'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .
All of the members have consented to the preparation of the abridged statement of financial position for the year ending 31 August 2025 in accordance with Section 444(2A) of the Companies Act 2006.

Recycle IT 4 U Limited

Abridged Statement of Financial Position (continued)

31 August 2025
These abridged financial statements were approved by the board of directors and authorised for issue on 9 April 2026 , and are signed on behalf of the board by:

Mr M.J.Y. Dar
Director

Company registration number: 05101417

Recycle IT 4 U Limited

Notes to the Abridged Financial Statements

Year ended 31 August 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 Unit 1, Cedar Court, Halesfield 17, Telford, Shropshire, TF7 4PF.
2. Statement of compliance
These abridged 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 abridged 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 abridged financial statements are prepared in sterling, which is the functional currency of the entity.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) Disclosures in respect of financial instruments have not been presented.
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 and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income tax
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Tangible assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended
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:

| Fixtures and fittings | - | 4 years
| Motor vehicles | - | 4 years

Impairment of fixed assets
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Finance leases and hire purchase contracts
Assets held under finance leases and hire purchase contracts are recognised in the abridged 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.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the abridged statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
Defined contribution plans
The company operates a defined contribution pensions scheme and the pension charge represents the amounts payable by the company to the fund in respect of the year.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 14 (2024: 12 ).
5. Tangible assets

| £
Cost |
At 1 September 2024 | 74,600
Additions | 48,165
Disposals | ( 21,095)
| ---------
At 31 August 2025 | 101,670
| ---------
Depreciation |
At 1 September 2024 | 49,080
Charge for the year | 18,790
Disposals | ( 15,821)
| ---------
At 31 August 2025 | 52,049
| ---------
Carrying amount |
At 31 August 2025 | 49,621
| ---------
At 31 August 2024 | 25,520
| ---------