Reeset.Earth Limited
Reeset.Earth Limited
Registered number: 12902577
Director's Report and
Unaudited Financial Statements
For The Year Ended
30 September 2021
CAT Accounts Ltd
Reeset.Earth Limited
Director's Report and Unaudited Financial Statements
For The Year Ended
30 September 2021
Director's Report and Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Company Information | 1 |
| Director's Report | 2 |
| Profit and Loss Account | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 5—6 |
Reeset.Earth Limited
Company Information
For The Year Ended
30 September 2021
Company Information
| Director |
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| Company Number |
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| Registered Office | 19 Hormead Road |
| London | |
| W9 3NG | |
| Accountants |
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| Ashford | |
| Middlesex | |
| TW15 2BQ | |
Reeset.Earth Limited
Company No. 12902577
Director's Report For The Year Ended
30 September 2021
Director's Report
The director presents his report and the financial statements for the year ended
30 September 2021
.
Statement of Director's Responsibilities
The director is responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the director is required to:
- select suitable accounting policies and then apply them consistently;
- make judgments and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
Directors
The directors who held office during the year were as follows:
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Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
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Director
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Reeset.Earth Limited
Profit and Loss Account
For The Year Ended
30 September 2021
Profit and Loss Account
| 2021 | ||
|---|---|---|
| Notes | £ | |
| TURNOVER |
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| Cost of sales |
( |
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| GROSS PROFIT |
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| Administrative expenses |
( |
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| OPERATING LOSS AND LOSS FOR THE FINANCIAL YEAR |
( |
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The notes on pages 5 to 6 form part of these financial statements.
Reeset.Earth Limited
Balance Sheet
As at
30 September 2021
Balance Sheet
| 2021 | |||
|---|---|---|---|
| Notes | £ | £ | |
| FIXED ASSETS | |||
| Tangible Assets | 3 |
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| CURRENT ASSETS | |||
| Debtors | 4 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 5 |
( |
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| NET CURRENT ASSETS (LIABILITIES) |
( |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||
| Called up share capital | 6 |
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| Profit and Loss Account |
( |
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| SHAREHOLDERS' FUNDS | 445 | ||
On behalf of the board
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Director
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The notes on pages 5 to 6 form part of these financial statements.
Reeset.Earth Limited
Notes to the Financial Statements
For The Year Ended
30 September 2021
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
1.3.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Plant & Machinery |
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2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows: 1
3.
Tangible Assets
| Plant & Machinery | |
|---|---|
| £ | |
| Cost | |
| As at
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| Additions |
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| As at
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| Depreciation | |
| As at
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| Provided during the period |
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| As at
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| Net Book Value | |
| As at
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| As at
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4.
Debtors
| 2021 | |
|---|---|
| £ | |
| Due within one year | |
| VAT |
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Reeset.Earth Limited
Notes to the Financial Statements (continued)
For The Year Ended
30 September 2021
5.
Creditors: Amounts Falling Due Within One Year
| 2021 | |
|---|---|
| £ | |
| Director's loan account |
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7.
General Information
Reeset.Earth Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
12902577
. The registered office is 19 Hormead Road, London, W9 3NG.