Company Registration No. 13333709 (England and Wales)
Rea's Place Limited
Unaudited accounts
for the year ended 31 March 2026
Rea's Place Limited
Unaudited accounts
Contents
Rea's Place Limited
Company Information
for the year ended 31 March 2026
Directors
Jehona Tmava
Avni Sopa
Company Number
13333709 (England and Wales)
Registered Office
Rea's Place 33
Hodford Road
London
NW11 8NL
ENGLAND
Accountants
Solid Ltd
Eagle House
163 City Road
London
EC1V 1NR
Rea's Place Limited
Accountants' report
Accountants' report to the board of directors of Rea's Place Limited on the preparation of the unaudited statutory accounts for the year ended 31 March 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Rea's Place Limited for the year ended
31 March 2026 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Rea's Place Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Rea's Place Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Rea's Place Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Rea's Place Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Rea's Place Limited. You consider that Rea's Place Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Rea's Place Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Solid Ltd
Eagle House
163 City Road
London
EC1V 1NR
22 May 2026
Rea's Place Limited
Statement of financial position
as at 31 March 2026
Intangible assets
574
4,019
Tangible assets
3,346
3,559
Cash at bank and in hand
6,893
14,242
Creditors: amounts falling due within one year
(15,301)
(17,518)
Net current assets
4,976
6,460
Called up share capital
100
100
Profit and loss account
(261)
4,881
Shareholders' funds
8,896
14,038
For the year ending 31 March 2026 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 21 May 2026 and were signed on its behalf by
Avni Sopa
Director
Company Registration No. 13333709
Rea's Place Limited
Notes to the Accounts
for the year ended 31 March 2026
Rea's Place Limited is a private company, limited by shares, registered in England and Wales, registration number 13333709. The registered office is Rea's Place 33, Hodford Road , London, NW11 8NL, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
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% Straight Line
Fixtures & fittings
25% Straight Line
Business valuation and Goodwill
The business valuation has been done when transferring goodwill on incorporation. Goodwill is valued by using Turnover approach and a multiplier based on factors such as levels of business growth and profitability in the Unlicensed restaurants and cafes industry.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill is amortised on a systematic basis over its useful life of 5 years.
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.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Rea's Place Limited
Notes to the Accounts
for the year ended 31 March 2026
Cash and cash equivalents
Cash and cash equivalents are basic financial instruments and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.
Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2025
8,860
10,396
19,256
At 31 March 2026
9,538
11,316
20,854
At 1 April 2025
7,096
8,601
15,697
Charge for the year
868
943
1,811
At 31 March 2026
7,964
9,544
17,508
At 31 March 2026
1,574
1,772
3,346
At 31 March 2025
1,764
1,795
3,559
Rea's Place Limited
Notes to the Accounts
for the year ended 31 March 2026
Amounts falling due within one year
Accrued income and prepayments
3,081
386
7
Creditors: amounts falling due within one year
2026
2025
Trade creditors
3,346
3,215
Taxes and social security
3,300
5,058
Other creditors
3,560
1,652
Loans from directors
1,210
1,451
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 5 (2025: 3).