Company Registration No. 03664235 (England and Wales)
REID OFFICE SUPPLIES LIMITED
Unaudited accounts
for the year ended 31 May 2025
REID OFFICE SUPPLIES LIMITED
Unaudited accounts
Contents
REID OFFICE SUPPLIES LIMITED
Company Information
for the year ended 31 May 2025
Directors
Mr T.N. Reid
Mrs L.J. Reid
Company Number
03664235 (England and Wales)
Registered Office
2 Rhododendron Close
Ascot
Berkshire
SL5 8PL
England
Accountants
Stephen Beard Accountancy Services
10 Cheshire Road
Thame
Oxon
OX9 3LQ
REID OFFICE SUPPLIES LIMITED
Statement of financial position
as at 31 May 2025
Investment property
145,000
145,000
Cash at bank and in hand
579
1,420
Creditors: amounts falling due within one year
(8,215)
(7,813)
Net current liabilities
(6,820)
(5,588)
Total assets less current liabilities
138,330
139,587
Creditors: amounts falling due after more than one year
(5,500)
(8,485)
Net assets
132,830
131,102
Called up share capital
80
80
Revaluation reserve
31,850
31,850
Capital redemption reserve
20
20
Profit and loss account
100,880
99,152
Shareholders' funds
132,830
131,102
For the year ending 31 May 2025 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 13 November 2025 and were signed on its behalf by
Mr T.N. Reid
Director
Company Registration No. 03664235
REID OFFICE SUPPLIES LIMITED
Notes to the Accounts
for the year ended 31 May 2025
REID OFFICE SUPPLIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03664235. The registered office is 2 Rhododendron Close, Ascot, Berkshire, SL5 8PL, 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.
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
20% Straight line
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
REID OFFICE SUPPLIES LIMITED
Notes to the Accounts
for the year ended 31 May 2025
4
Tangible fixed assets
Plant & machinery
Fair value at 1 June 2024
145,000
The directors have assessed the freehold property fair value at £145,000.
The company ceased trading from the property on 1 March 2019, subsequently the property has been retained as an investment property.
6
Investments
Other investments
Valuation at 1 June 2024
150
Valuation at 31 May 2025
150
Amounts falling due within one year
Deferred tax asset
575
607
Accrued income and prepayments
241
198
8
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
908
845
Other creditors
3,000
3,000
Loans from directors
3,502
3,110
REID OFFICE SUPPLIES LIMITED
Notes to the Accounts
for the year ended 31 May 2025
9
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
5,500
8,485
10
Average number of employees
During the year the average number of employees was 1 (2024: 1).