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REGISTERED NUMBER: 07956538 (England and Wales)










RSS (Leisure) Limited

Unaudited Financial Statements

for the Year Ended 28 February 2023






RSS (Leisure) Limited (Registered number: 07956538)






Contents of the Financial Statements
for the year ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


RSS (Leisure) Limited

Company Information
for the year ended 28 February 2023







DIRECTOR: Mr R E Littman





REGISTERED OFFICE: Irish Square
Upper Denbigh Road
St Asaph
Denbighshire
LL17 0RN





REGISTERED NUMBER: 07956538 (England and Wales)





ACCOUNTANTS: Salisbury & Company
Chartered Accountants
Irish Square
Upper Denbigh Road
St Asaph
Denbighshire
LL17 0RN

RSS (Leisure) Limited (Registered number: 07956538)

Balance Sheet
28 February 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 4 81,136 96,740
Cash at bank 490,681 478,141
571,817 574,881
CREDITORS
Amounts falling due within one year 5 39,519 5,410
NET CURRENT ASSETS 532,298 569,471
TOTAL ASSETS LESS CURRENT
LIABILITIES

532,298

569,471

CREDITORS
Amounts falling due after more than one
year

6

31,366

42,014
NET ASSETS 500,932 527,457

CAPITAL AND RESERVES
Called up share capital 210 210
Retained earnings 500,722 527,247
SHAREHOLDERS' FUNDS 500,932 527,457

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 November 2023 and were signed by:





Mr R E Littman - Director


RSS (Leisure) Limited (Registered number: 07956538)

Notes to the Financial Statements
for the year ended 28 February 2023

1. STATUTORY INFORMATION

RSS (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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 2 (2022 - 2 ) .

4. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Trade debtors 1,323 6,273
Other debtors - 654
1,323 6,927

Amounts falling due after more than one year:
Amounts owed by participating interests 79,813 89,813

Aggregate amounts 81,136 96,740

RSS (Leisure) Limited (Registered number: 07956538)

Notes to the Financial Statements - continued
for the year ended 28 February 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 150 150
Taxation and social security 41,139 7,110
Other creditors (1,770 ) (1,850 )
39,519 5,410

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 31,366 42,014

7. ULTIMATE CONTROLLING PARTY

Ultimate control of the company lies with Mr R E Littman and his family.