The Social Refinery Ltd - Filleted accounts

Registered number

14144291

The Social Refinery Ltd

Filleted Accounts

31 March 2026

The Social Refinery Ltd
Registered number:		14144291
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Intangible assets	3		4,000			8,000
Tangible assets	4		1,387			655
			5,387			8,655

Current assets
Debtors	5	7,805			7,613
Cash at bank and in hand		14,084			14,624
		21,889			22,237

Creditors: amounts falling due within one year	6	(26,221)			(30,658)

Net current liabilities			(4,332)			(8,421)

Net assets			1,055			234

Capital and reserves
Called up share capital			100			100
Profit and loss account			955			134

Shareholders' funds			1,055			234

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.



___________________________________
Arron George
Director
Approved by the board on 6 October 2026

The Social Refinery Ltd
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	25% Reducing balance
	Fixtures, fittings, tools and equipment	25% Reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		2		2


3	Intangible fixed assets				£
	Goodwill:

	Cost
	At 1 April 2025				20,000
	At 31 March 2026				20,000

	Amortisation
	At 1 April 2025				12,000
	Provided during the year				4,000
	At 31 March 2026				16,000

	Net book value
	At 31 March 2026				4,000
	At 31 March 2025				8,000

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 April 2025				874
	Additions				1,194
	At 31 March 2026				2,068

	Depreciation
	At 1 April 2025				219
	Charge for the year				462
	At 31 March 2026				681

	Net book value
	At 31 March 2026				1,387
	At 31 March 2025				655


5	Debtors		2026		2025
£				£

	Trade debtors		7,345		7,613
	Other debtors		460		-
			7,805		7,613


6	Creditors: amounts falling due within one year		2026		2025
£				£

	Trade creditors		1,239		1,137
	Corporation tax		8,508		9,483
	Directors loan		16,324		19,598
	Taxation and social security costs		-		290
	Other creditors		150		150
			26,221		30,658


7	Other information

	The Social Refinery Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	33 Chalice Way
	Eagle Farm South
	Milton Keynes
	MK10 9RY