RESOLUTIONS LIMITED

Company Registration Number:
04338457 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

RESOLUTIONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

RESOLUTIONS LIMITED

Balance sheet

As at 31 December 2022


Notes

2022

2021


£

£
Fixed assets
Investments: 3 71,000 71,000
Total fixed assets: 71,000 71,000
Current assets
Debtors:   5 8,610
Cash at bank and in hand: 78,238 118,669
Total current assets: 78,243 127,279
Creditors: amounts falling due within one year:   (32,976) (67,907)
Net current assets (liabilities): 45,267 59,372
Total assets less current liabilities: 116,267 130,372
Provision for liabilities:   (8,286)
Total net assets (liabilities): 116,267 122,086
Capital and reserves
Called up share capital: 150 150
Revaluation reserve:42,2012,201
Profit and loss account: 113,916 119,735
Shareholders funds: 116,267 122,086

The notes form part of these financial statements

RESOLUTIONS LIMITED

Balance sheet statements

For the year ending 31 December 2022 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 14 November 2023
and signed on behalf of the board by:

Name: Janet Doyle
Status: Director

The notes form part of these financial statements

RESOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

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

Turnover policy

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

Other accounting policies

Investment property:Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. 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. 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.

RESOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 2021
Average number of employees during the period 1 4

RESOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Fixed investments

NBV as of December 2022 remains the same as all previous years dating back to 2016 (£71,000).

RESOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Revaluation reserve

2022
£
Balance at 01 January 2022 2,201
Surplus or deficit after revaluation 0
Balance at 31 December 2022 2,201