2018-01-01
06651869
2018-12-31
06651869
2018-01-01
2018-12-31
06651869
2017-12-31
06651869
2017-01-01
2017-12-31
06651869
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06651869
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2018-12-31
06651869
uk-core:ShareCapital
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06651869
uk-core:ShareCapital
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uk-core:RetainedEarningsAccumulatedLosses
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uk-bus:Director1
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2018-12-31
06651869
uk-core:FurnitureFittings
2018-01-01
2018-12-31
06651869
uk-core:ComputerEquipment
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2018-12-31
06651869
uk-core:ComputerEquipment
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uk-bus:PrivateLimitedCompanyLtd
2018-01-01
2018-12-31
| Registered Number:06651869 |
For the year ended 31 December 2018
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2018
Reclaims4u Ltd.
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Reclaims4u Ltd.
Statement of Financial Position
31/12/2017
31/12/2018
| Property, plant and equipment |
1,562
1,952
2
1,562
1,952
| Trade and other receivables |
38,709
18,968
3
175,593
| Cash and cash equivalents |
435,401
454,369
214,302
| Trade and other payables: amounts falling due within one |
| year |
(170,595)
(265,628)
4
43,707
188,741
Net current assets
| Total assets less current liabilities |
190,303
45,659
(296)
(370)
| Provisions for liabilities |
190,007
Net assets
45,289
2
2
190,005
45,287
190,007
45,289
Shareholders' funds
| For the year ended 31 December 2018 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 of its financial statements for the year ended 31 December 2018 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Mr Ohiunkunofan Ajulo Director |
| These financial statements were approved and authorised for issue by the Board on 15 February 2019 and were signed by: |
| The notes form part of these financial statements |
1 of 3
4
For the year ended 31 December 2018
Reclaims4u Ltd.
Notes to the Financial Statements
Statutory Information
| Reclaims4u Ltd. is a private limited company, limited by shares, domiciled in England and Wales, registration number |
| 06651869. |
24 Harkness Street
Manchester
M12 6BT
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Computer equipment
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
| 2. Property, plant and equipment |
3,360
2,440
920
920
2,440
3,360
| Provision for depreciation and impairment |
1,408
488
920
Charge for year
390
390
-
1,798
878
920
-
1,562
1,562
-
1,952
1,952
2 of 3
5
For the year ended 31 December 2018
Reclaims4u Ltd.
Notes to the Financial Statements Continued
| 3. Trade and other receivables |
31/12/2017
31/12/2018
4,578
9,979
14,390
28,730
38,709
18,968
| 4. Trade and other payables: amounts falling due within one year |
31/12/2017
31/12/2018
9,924
14,944
| Amounts owed to group undertaking and undertaking in which the |
| company has a participating interest |
145,000
107,000
| Taxation and social security |
89,789
37,463
20,915
11,188
265,628
170,595
3 of 3
