| REGISTERED NUMBER: |
| REASONCLEVER COMPANY LIMITED |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED |
| 30 JANUARY 2026 |
| REGISTERED NUMBER: |
| REASONCLEVER COMPANY LIMITED |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED |
| 30 JANUARY 2026 |
| REASONCLEVER COMPANY LIMITED (REGISTERED NUMBER: 02783141) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 JANUARY 2026 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Chartered Accountants' Report | 8 |
| REASONCLEVER COMPANY LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30 JANUARY 2026 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Ground Floor Cardigan House |
| Castle Court |
| Swansea Enterprise Park |
| Swansea |
| SA7 9LA |
| BANKERS: |
| 4A Vaughan Street |
| Llanelli |
| SA15 3TY |
| REASONCLEVER COMPANY LIMITED (REGISTERED NUMBER: 02783141) |
| BALANCE SHEET |
| 30 JANUARY 2026 |
| 2026 | 2025 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CREDITORS |
| Amounts falling due after more than one year | 7 |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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. |
| REASONCLEVER COMPANY LIMITED (REGISTERED NUMBER: 02783141) |
| BALANCE SHEET - continued |
| 30 JANUARY 2026 |
| The financial statements were approved by the director and authorised for issue on |
| REASONCLEVER COMPANY LIMITED (REGISTERED NUMBER: 02783141) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 JANUARY 2026 |
| 1. | STATUTORY INFORMATION |
| Reasonclever Company Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover comprises revenue from the sale of food, drinks and other café products, net of discounts and refunds. Revenue is recognised when control of the goods passes to the customer, being at the point of sale. |
| Tangible fixed assets |
| Short leasehold | - |
| Plant and Machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Investment Property |
| Investment properties are measured initially at cost, including transaction costs. Subsequent to initial recognition, investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the statement of comprehensive income. |
| Investment properties are derecognised when either they have been disposed of or when the |
| investment property is permanently withdrawn from use and no future economic benefit is expected |
| from its disposal. |
| No rental income was received from the investment property during the first year of acquiring. |
| 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. |
| REASONCLEVER COMPANY LIMITED (REGISTERED NUMBER: 02783141) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 JANUARY 2026 |
| 2. | ACCOUNTING POLICIES - continued |
| Debtors |
| Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. |
| Cash at bank and in hand |
| Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. |
| Creditors and provisions |
| Creditors and provisions are recognised where the company has a present obligation (legal and constructive) resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. |
| Financial instruments |
| The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. |
| Functional and Presentation Currency |
| The company's functional and presentation currency is pounds sterling. |
| Going Concern |
| The accounts have been prepared on the going concern basis, on the understanding that the director and shareholder will continue to financially support the company for a period of 12 months from the date of these financial statements. This support will be reviewed at that time. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Investment | Short | Plant and |
| Property | leasehold | Machinery |
| £ | £ | £ |
| COST |
| At 31 January 2025 |
| and 30 January 2026 |
| DEPRECIATION |
| At 31 January 2025 |
| Charge for year |
| At 30 January 2026 |
| NET BOOK VALUE |
| At 30 January 2026 |
| At 30 January 2025 |
| REASONCLEVER COMPANY LIMITED (REGISTERED NUMBER: 02783141) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 JANUARY 2026 |
| 4. | TANGIBLE FIXED ASSETS - continued |
| Fixtures |
| and | Motor |
| fittings | vehicles | Totals |
| £ | £ | £ |
| COST |
| At 31 January 2025 |
| and 30 January 2026 |
| DEPRECIATION |
| At 31 January 2025 |
| Charge for year |
| At 30 January 2026 |
| NET BOOK VALUE |
| At 30 January 2026 |
| At 30 January 2025 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2026 | 2025 |
| £ | £ |
| Other debtors |
| Deferred tax asset |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2026 | 2025 |
| £ | £ |
| Bank loans and overdrafts |
| Tax |
| Social security and other taxes |
| Other creditors |
| Directors' loan accounts | 124,272 | 123,274 |
| Accrued expenses |
| Included within creditors is an amount of £124,271 (2025: £123,274) due to the director. The balance is interest-free and repayable on demand. |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2026 | 2025 |
| £ | £ |
| Bank loans - 1-2 years |
| Bank loans - 2-5 years |
| REASONCLEVER COMPANY LIMITED (REGISTERED NUMBER: 02783141) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 JANUARY 2026 |
| 8. | RELATED PARTY DISCLOSURES |
| Included within other creditors is an amount of £52,058 (2025: £53,004) due to BJ's 2010 Limited, a company of which Mr B James is also a director. |
| Included within other debtors is an amount of £280 due from Reasonswift Company Ltd, a company of which Mr B James is also a director. |
| CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR |
| ON THE UNAUDITED FINANCIAL STATEMENTS OF |
| REASONCLEVER COMPANY LIMITED |
| The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Reasonclever Company Limited for the year ended 30 January 2026 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us. |
| As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
| This report is made solely to the director of Reasonclever Company Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Reasonclever Company Limited and state those matters that we have agreed to state to the director of Reasonclever Company Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Reasonclever Company Limited and its director for our work or for this report. |
| It is your duty to ensure that Reasonclever Company Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Reasonclever Company Limited. You consider that Reasonclever Company 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 financial statements of Reasonclever Company 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 financial statements. |
| Ground Floor Cardigan House |
| Castle Court |
| Swansea Enterprise Park |
| Swansea |
| SA7 9LA |
| Date: ............................................. |