RETAIL EXPRESS LIMITED

RETAIL EXPRESS LIMITED

RETAIL EXPRESS LIMITED - Company Information

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RETAIL EXPRESS LIMITED

Company Registration Number:
07726479 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2023

Period of accounts

Start date: 01 September 2022

End date: 31 August 2023

RETAIL EXPRESS LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2023

Balance sheet
Notes

RETAIL EXPRESS LIMITED

Balance sheet

As at 31 August 2023


Notes
2023
2022


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Total fixed assets: 0 0
Current assets
Debtors:   250,000 370,000
Total current assets: 250,000 370,000
Creditors: amounts falling due within one year:     (2,782,000)
Net current assets (liabilities): 250,000 (2,412,000)
Total assets less current liabilities: 250,000 (2,412,000)
Creditors: amounts falling due after more than one year:   (2,009,054) 0
Total net assets (liabilities): (1,759,054) (2,412,000)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (1,759,055) (2,412,001)
Shareholders funds: (1,759,054) (2,412,000)

The notes form part of these financial statements

RETAIL EXPRESS LIMITED

Balance sheet statements

For the year ending 31 August 2023 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 April 2024
and signed on behalf of the board by:

Name: Barry Edward Grange
Status: Director

The notes form part of these financial statements

RETAIL EXPRESS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

RETAIL EXPRESS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

2. Employees

2023 2022
Average number of employees during the period 35 31

RETAIL EXPRESS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Related party transactions

Name of the related party: Retail Express Holdings Ltd
Relationship:
Subsidiary Company - Retail Express Holdings owns 100% of Retail Express Ltd
Description of the Transaction: Retail Express Holdings provides long term loans to the company to fund R & D and provides facilities and space to support the work done by the company.
£
Balance at 01 September 2022 2,782,000
Balance at 31 August 2023 2,009,054