Accounts filed on 31-07-2018


Registered number: 06974831






REACH INTERNET LTD


ACCOUNTS

FOR THE YEAR ENDED 31/07/2018
























Prepared By:
RAGAVAN AND CO LTD
CHARTERED CERTIFIED ACCOUNTANTS
240 GROVE LANE
BIRMINGHAM
WEST MIDLANDS
B20 2EY


ACCOUNTS
FOR THE YEAR ENDED 31/07/2018





DIRECTORS
HARMOHAN PAL SOOD


REGISTERED OFFICE
Suite 22
Telford Business Centre
Telford
Shropshire
TF7 4QN


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 06974831



BANKERS
HSBC



ACCOUNTANTS
RAGAVAN AND CO LTD
CHARTERED CERTIFIED ACCOUNTANTS
240 GROVE LANE
BIRMINGHAM
WEST MIDLANDS
B20 2EY


ACCOUNTS
FOR THEYEARENDED31/07/2018



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/07/2018

			2018		2017
	Notes		£		£

FIXED ASSETS
Tangible assets	2		44,960		54,376

CURRENT ASSETS
Debtors	3	446,540		215,801
Cash at bank and in hand		95,545		251,969
		542,085		467,770
CREDITORS: Amounts falling due within one year	4	120,661		115,537
NET CURRENT ASSETS			421,424		352,233
TOTAL ASSETS LESS CURRENT LIABILITIES			466,384		406,609

CAPITAL AND RESERVES

Called up share capital	6		100		100
Profit and loss account			466,284		406,509
SHAREHOLDERS' FUNDS			466,384		406,609

For the year ending 31/07/2018 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 23/04/2019 and signed on their behalf by



.............................
HARMOHAN PAL SOOD
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		straight line 10%
Commercial Vehicles		straight line 10%




1c. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.




3. DEBTORS	2018	2017
	£	£
Amounts falling due within one year
Trade debtors	434,875	214,767
VAT	4,123	-
Directors current account	7,542	1,034
	446,540	215,801




4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2018	2017
	£	£
UK corporation tax	45,316	36,084
VAT	-	18,114
PAYE control	587	1,736
Trade creditors	71,354	56,287
Other creditors	1,204	1,116
Accruals	2,200	2,200
	120,661	115,537




6. SHARE CAPITAL	2018	2017
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each	100	100
	100	100