REGISTERED NUMBER: 09875824 (England and Wales)

Financial Statements

for the Year Ended 30 November 2025

for

Reuseabox Ltd.

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J A Good

REGISTERED OFFICE:

Freeman Road

North Hykeham

Lincoln

Lincolnshire

LN6 9AP

REGISTERED NUMBER:

09875824 (England and Wales)

ACCOUNTANTS:

Nicholsons

Chartered Accountants

Newland House

The Point

Weaver Road

LINCOLN

Lincolnshire

LN6 3QN

FIXED ASSETS

Intangible assets

4

80,747

81,311

Tangible assets

5

3,736,921

3,662,191

3,817,668

3,743,502

CURRENT ASSETS

Stocks

258,058

230,172

Debtors

196,140

271,411

Cash at bank and in hand

54,849

76,671

509,047

578,254

CREDITORS

Amounts falling due within one year

686,619

619,733

NET CURRENT LIABILITIES

(177,572

)

(41,479

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,640,096

3,702,023

CREDITORS

Amounts falling due after more than one year

(2,854,230

)

(2,734,441

)

PROVISIONS FOR LIABILITIES

(57,846

)

(57,846

)

NET ASSETS

728,020

909,736

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

728,019

909,735

728,020

909,736

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 November 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 August 2026 and were signed by:

J A Good - Director

1.	STATUTORY INFORMATION

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Computer software

Computer software is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property - 15% reducing balance

Plant and machinery - 25% reducing balance

Fixtures and fittings - 25% reducing balance

Motor vehicles - 25% reducing balance

Computer equipment - 25% reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets and depreciated over the shorter of the lease term or their useful lives.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2024 - 21 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 December 2024

111,307

Additions

22,260

At 30 November 2025

133,567

AMORTISATION

At 1 December 2024

29,996

Amortisation for year

22,824

At 30 November 2025

52,820

NET BOOK VALUE

At 30 November 2025

80,747

At 30 November 2024

81,311

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 December 2024

3,854,609

Additions

165,360

Disposals

(164,141

)

At 30 November 2025

3,855,828

DEPRECIATION

At 1 December 2024

192,418

Charge for year

37,830

Eliminated on disposal

(111,341

)

At 30 November 2025

118,907

NET BOOK VALUE

At 30 November 2025

3,736,921

At 30 November 2024

3,662,191

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

Additions

159,000

At 30 November 2025

159,000

DEPRECIATION

Charge for year

3,313

At 30 November 2025

3,313

NET BOOK VALUE

At 30 November 2025

155,687

6.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

30/11/25

30/11/24

£

£

Net obligations repayable:

Within one year

22,143

29,479

Between one and five years

129,167

29,473

151,310

58,952

7.	SECURED DEBTS

The following secured debts are included within creditors:

30/11/25

30/11/24

£

£

Hire purchase contracts

151,310

58,952

Mortgage

2,584,735

2,640,000

2,736,045

2,698,952

The amount due under hire purchase agreements is secured on the asset to which it relates.

The mortgage is secured over the property at Freeman Road, North Hykeham.