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REGISTERED NUMBER: 10769294 (England and Wales)











Financial Statements

for the Year Ended 31 May 2023

for

RESPLENDERE LTD

RESPLENDERE LTD (REGISTERED NUMBER: 10769294)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RESPLENDERE LTD

Company Information
for the Year Ended 31 May 2023







DIRECTORS: Mr H V B Drummond
Ms C D Drummond





REGISTERED OFFICE: 42 Lytton Road
Barnet
Hertfordshire
EN5 5BY





REGISTERED NUMBER: 10769294 (England and Wales)





ACCOUNTANTS: Jeff Lermer & Associates
Chartered Accountants
42 Lytton Road
Barnet
Hertfordshire
EN5 5BY

RESPLENDERE LTD (REGISTERED NUMBER: 10769294)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1 1
Investment property 5 275,310 289,075
275,311 289,076

CURRENT ASSETS
Debtors 6 1,350 1,050
Cash at bank 1,516 1,420
2,866 2,470
CREDITORS
Amounts falling due within one year 7 213,014 243,995
NET CURRENT LIABILITIES (210,148 ) (241,525 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

65,163

47,551

PROVISIONS FOR LIABILITIES 8 - 2,615
NET ASSETS 65,163 44,936

CAPITAL AND RESERVES
Called up share capital 9 100 100
Non-distributable reserves - 11,150
Retained earnings 65,063 33,686
SHAREHOLDERS' FUNDS 65,163 44,936

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 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.

RESPLENDERE LTD (REGISTERED NUMBER: 10769294)

Balance Sheet - continued
31 May 2023


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 Board of Directors and authorised for issue on 15 February 2024 and were signed on its behalf by:





Ms C D Drummond - Director


RESPLENDERE LTD (REGISTERED NUMBER: 10769294)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

Resplendere Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable excluding discounts and rebates.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. FIXED ASSET INVESTMENTS
Other
investme
£   
COST
At 1 June 2022
and 31 May 2023 1
NET BOOK VALUE
At 31 May 2023 1
At 31 May 2022 1

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2022 289,075
Revaluations (13,765 )
At 31 May 2023 275,310
NET BOOK VALUE
At 31 May 2023 275,310
At 31 May 2022 289,075

RESPLENDERE LTD (REGISTERED NUMBER: 10769294)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

5. INVESTMENT PROPERTY - continued

Fair value at 31 May 2023 is represented by:
£   
Valuation in 2020 13,765
Valuation in 2023 (13,765 )
Cost 275,310
275,310

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Prepayments and accrued income 1,350 1,050

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Amounts owed to group undertakings 1 1
Tax 2,460 2,562
Other creditors 1,400 1,400
Directors' current accounts 207,473 238,351
Accruals and deferred income 1,680 1,681
213,014 243,995

8. PROVISIONS FOR LIABILITIES
31.5.23 31.5.22
£    £   
Deferred tax - 2,615

Deferred
tax
£   
Balance at 1 June 2022 2,615
Provided during year (2,615 )
Balance at 31 May 2023 -

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.23 31.5.22
value: £    £   
99 A Ordinary £1 99 99
1 B Ordinary £1 1 1
100 100

RESPLENDERE LTD (REGISTERED NUMBER: 10769294)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

10. RELATED PARTY DISCLOSURES

At the date of balance sheet included within creditors is £207,473 (2022: £238,351) owed and payable to the directors. This amount is interest free and repayable on demand.