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REGISTERED NUMBER: OC400120 (England and Wales)















REPORT OF THE MEMBERS AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

FOR

RESOLUTE OUTCOMES LLP

RESOLUTE OUTCOMES LLP (REGISTERED NUMBER: OC400120)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023










Page

General Information 1

Report of the Members 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


RESOLUTE OUTCOMES LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DESIGNATED MEMBERS: S Dennis
Mrs M Dennis





REGISTERED OFFICE: Frogs Meadow Victoria Terrace
Milton Combe
Yelverton
Devon
PL20 6HL





REGISTERED NUMBER: OC400120 (England and Wales)





ACCOUNTANTS: McKenzies
Chartered Accountants
2 Station Road West
Oxted
Surrey
RH8 9EP

RESOLUTE OUTCOMES LLP (REGISTERED NUMBER: OC400120)

REPORT OF THE MEMBERS
FOR THE YEAR ENDED 30 JUNE 2023


The members present their report with the financial statements of the LLP for the year ended 30 June 2023.

PRINCIPAL ACTIVITY
The principal activity of the LLP in the year under review was that of security consultancy and due diligence.

DESIGNATED MEMBERS
The designated members during the year under review were:

S Dennis
Mrs M Dennis

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The profit for the year before members' remuneration and profit shares was £10,152 (2022 - £11,351 profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:





S Dennis - Designated member


29 March 2024

RESOLUTE OUTCOMES LLP (REGISTERED NUMBER: OC400120)

INCOME STATEMENT
FOR THE YEAR ENDED 30 JUNE 2023

2023 2022
Notes £    £   

TURNOVER 19,656 16,100

Cost of sales 279 500
GROSS PROFIT 19,377 15,600

Administrative expenses 9,225 4,249
OPERATING PROFIT and
PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION AND
PROFIT SHARES AVAILABLE FOR
DISCRETIONARY DIVISION AMONG
MEMBERS




10,152




11,351

RESOLUTE OUTCOMES LLP (REGISTERED NUMBER: OC400120)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 299 599

CURRENT ASSETS
Debtors 1,566 -
Cash at bank 1,627 1,251
3,193 1,251
CREDITORS
Amounts falling due within one year 6 906 864
NET CURRENT ASSETS 2,287 387
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

2,586

986

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

2,586

986

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 2,586 986
Amounts due from members (1,566 ) -
1,020 986

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 30 June 2023.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

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

The financial statements were approved by the members of the LLP and authorised for issue on 29 March 2024 and were signed by:





S Dennis - Designated member

RESOLUTE OUTCOMES LLP (REGISTERED NUMBER: OC400120)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023


1. STATUTORY INFORMATION

Resolute Outcomes LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2022 - NIL).

4. OPERATING PROFIT

The operating profit is stated after charging:

2023 2022
£    £   
Depreciation - owned assets 300 592

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2022
and 30 June 2023 2,356
DEPRECIATION
At 1 July 2022 1,757
Charge for year 300
At 30 June 2023 2,057
NET BOOK VALUE
At 30 June 2023 299
At 30 June 2022 599

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 906 864

RESOLUTE OUTCOMES LLP (REGISTERED NUMBER: OC400120)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


7. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loan and other debts due to Members would rank behind other creditors.