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REGISTERED NUMBER: 11023097 (England and Wales)








FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

FOR

R & R LEISURE LIMITED

R & R LEISURE LIMITED (REGISTERED NUMBER: 11023097)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R & R LEISURE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2022







DIRECTORS: Mrs R Radwell
R B Dixon-Box
J R Dixon-Box
Ms J L Swift





REGISTERED OFFICE: 3 Russell Cotes Road
Bournemouth
Dorset
BH1 3AB





REGISTERED NUMBER: 11023097 (England and Wales)





ACCOUNTANTS: Carter & Coley
Chartered Accountants
3 Durrant Road
Bournemouth
Dorset
BH2 6NE

R & R LEISURE LIMITED (REGISTERED NUMBER: 11023097)

BALANCE SHEET
31 MARCH 2022

2022 2021
Notes £    £   
CURRENT ASSETS
Debtors 6 2,719 3,182
Cash at bank 29,285 17,811
32,004 20,993
CREDITORS
Amounts falling due within one year 7 39,288 37,538
NET CURRENT LIABILITIES (7,284 ) (16,545 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(7,284

)

(16,545

)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (7,285 ) (16,546 )
(7,284 ) (16,545 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

R & R LEISURE LIMITED (REGISTERED NUMBER: 11023097)

BALANCE SHEET - continued
31 MARCH 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 August 2022 and were signed on its behalf by:





Mrs R Radwell - Director


R & R LEISURE LIMITED (REGISTERED NUMBER: 11023097)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022


1. STATUTORY INFORMATION

R & R Leisure Limited is a private company, limited by shares , registered in England and Wales. 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Despite creditors exceeding debtors the accounts have been prepared on a going concern basis as the parent company has indicated that it will continue to support the company.

Turnover
Turnover represents services provided during the period, excluding Value Added Tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of three 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.
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


R & R LEISURE LIMITED (REGISTERED NUMBER: 11023097)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022


2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2021 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2021
and 31 March 2022 10,000
AMORTISATION
At 1 April 2021
and 31 March 2022 10,000
NET BOOK VALUE
At 31 March 2022 -
At 31 March 2021 -

R & R LEISURE LIMITED (REGISTERED NUMBER: 11023097)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022


5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2021
and 31 March 2022 956
DEPRECIATION
At 1 April 2021
and 31 March 2022 956
NET BOOK VALUE
At 31 March 2022 -
At 31 March 2021 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Other debtors 2,719 3,182

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors - 24
Amounts owed to group undertakings 28,850 25,850
Taxation and social security 782 -
Other creditors 9,656 11,664
39,288 37,538

8. RELATED PARTY DISCLOSURES

TRANSACTIONS WITH DIRECTORS AND THEIR ASSOCIATES

Non interest bearing loans on which no terms of repayment have been agreed. The amount due to the directors at the balance seet date amounted to £4,864 (2021 - £4,864).

TRANSACTIONS WITH GROUP COMPANIES

Non interest bearing loans on which no terms of repayment have been agreed. The amount due to group companies at the balance sheet date amounted to £28,850 (2021 - £25,850).

R & R LEISURE LIMITED (REGISTERED NUMBER: 11023097)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022


9. ULTIMATE PARENT COMPANY

In the opinion of the directors, with effect from 31 December 2020 the company's ultimate parent company was Marsham Court Hotel Limited (company number 03272908 registered in England & Wales).