RE10 (LONDON) LIMITED - Accounts to registrar (filleted) - small 18.2

RE10 (LONDON) LIMITED - Accounts to registrar (filleted) - small 18.2

RE10 (LONDON) LIMITED - Company Information

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REGISTERED NUMBER: 04905530















Unaudited Financial Statements for the Year Ended 31 August 2018

for

RE10 (LONDON) LIMITED
RE10 (LONDON) LIMITED (Registered number: 04905530)






Contents of the Financial Statements
for the Year Ended 31 August 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RE10 (LONDON) LIMITED

Company Information
for the Year Ended 31 August 2018







DIRECTOR: N Patel





SECRETARY: N. Patel





REGISTERED OFFICE: 58 Hugh Street
London
SW1V 4ER





REGISTERED NUMBER: 04905530





ACCOUNTANTS: Fischer Pryce & Co
58 Hugh Street
London
SW1V 4ER
Page 1
RE10 (LONDON) LIMITED (Registered number: 04905530)

Balance Sheet
31 August 2018

31.8.18 31.8.17
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 275,936 310,427
Tangible assets 5 2,116,240 2,087,136
Investments 6 100,000 200,000
2,492,176 2,597,563

CURRENT ASSETS
Debtors 7 140,308 106,436
Cash at bank 710,443 495,194
850,751 601,630
CREDITORS
Amounts falling due within one year 8 143,540 143,999
NET CURRENT ASSETS 707,211 457,631
TOTAL ASSETS LESS CURRENT
LIABILITIES
3,199,387
3,055,194

CREDITORS
Amounts falling due after more than one
year
9
1,571,633
2,199,246
NET ASSETS 1,627,754 855,948

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 1,627,753 855,947
1,627,754 855,948

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2018 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 notes form part of these financial statements

Page 2 continued...
RE10 (LONDON) LIMITED (Registered number: 04905530)

Balance Sheet - continued
31 August 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 on 30 May 2019 and were signed by:





N Patel - Director


The notes form part of these financial statements

Page 3
RE10 (LONDON) LIMITED (Registered number: 04905530)

Notes to the Financial Statements
for the Year Ended 31 August 2018

1. STATUTORY INFORMATION

RE10 (LONDON) LIMITED is a private company, limited by shares , registered in Not specified/Other. 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of thirty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost
less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - at varying rates on cost

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.

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 5 (2017 - 6 ) .

Page 4 continued...
RE10 (LONDON) LIMITED (Registered number: 04905530)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2018

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2017
and 31 August 2018 574,863
AMORTISATION
At 1 September 2017 264,436
Charge for year 34,491
At 31 August 2018 298,927
NET BOOK VALUE
At 31 August 2018 275,936
At 31 August 2017 310,427

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 September 2017 2,075,345 41,983 2,117,328
Additions 32,431 1 32,432
Disposals - (23,688 ) (23,688 )
At 31 August 2018 2,107,776 18,296 2,126,072
DEPRECIATION
At 1 September 2017 - 30,192 30,192
Charge for year - 3,328 3,328
Eliminated on disposal - (23,688 ) (23,688 )
At 31 August 2018 - 9,832 9,832
NET BOOK VALUE
At 31 August 2018 2,107,776 8,464 2,116,240
At 31 August 2017 2,075,345 11,791 2,087,136

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 September 2017 200,000
Disposals (100,000 )
At 31 August 2018 100,000
NET BOOK VALUE
At 31 August 2018 100,000
At 31 August 2017 200,000

Page 5 continued...
RE10 (LONDON) LIMITED (Registered number: 04905530)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2018

7. DEBTORS
31.8.18 31.8.17
£    £   
Amounts falling due within one year:
Trade debtors 47,145 26,773
Other debtors 25,663 25,663
72,808 52,436

Amounts falling due after more than one year:
Other debtors 67,500 54,000

Aggregate amounts 140,308 106,436

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.18 31.8.17
£    £   
Taxation and social security 75,603 54,820
Other creditors 67,937 89,179
143,540 143,999

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.18 31.8.17
£    £   
Bank loans 1,363,677 1,991,500
Other creditors 207,956 207,746
1,571,633 2,199,246

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 1,083,677 1,502,200

Page 6