REACT VENTURES LIMITED


Director	REDFERN, Philip Anthony


Registered Address	Carleton House
	136 Gray Street
	Workington
	CA14 2LU


Registered Number	11842531 (England and Wales)

Statement of Financial Position
31 October 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investments	3		3,463,684		3,463,684
			3,463,684		3,463,684
Current assets
Debtors		100		100
Cash at bank and on hand		5		41
		105		141
Creditors amounts falling due within one year	4	(290,951)		(290,951)
Net current assets (liabilities)			(290,846)		(290,810)
Total assets less current liabilities			3,172,838		3,172,874
Creditors amounts falling due after one year	5		(935,599)		(935,599)
Net assets			2,237,239		2,237,275
Capital and reserves
Called up share capital			100		100
Profit and loss account			2,237,139		2,237,175
Shareholders' funds			2,237,239		2,237,275

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 1 June 2026, and are signed on its behalf by:

REDFERN, Philip Anthony
Director
Registered Company No. 11842531

REACT VENTURES LIMITED

Notes to the Financial Statements
for the year ended 31 October 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Dividend income
	Dividend income is recognised when the right to receive payment is established.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the Income Statement.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the Income Statement.

	Trade and other creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Financial instruments
	The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Fixed asset investments

	Investments in groups¹	Total
	£	£
Cost or valuation
At 01 November 24	3,463,684	3,463,684
At 31 October 25	3,463,684	3,463,684
Net book value
At 31 October 25	3,463,684	3,463,684
At 31 October 24	3,463,684	3,463,684

	Notes
	¹Investments in group undertakings and participating interests

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Other creditors	290,951	290,951
Total	290,951	290,951

5.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	935,599	935,599
Total	935,599	935,599

6.	Parent-subsidiary relationships
	The company, and the group headed by it, qualify as a small group and as such the parent and the group are exempt from producing group accounts.