REGISTERED NUMBER: |
Resus Investments Limited |
Unaudited Financial Statements |
for the Year Ended 31 January 2024 |
REGISTERED NUMBER: |
Resus Investments Limited |
Unaudited Financial Statements |
for the Year Ended 31 January 2024 |
Resus Investments Limited (Registered number: 13852368) |
Contents of the Financial Statements |
for the Year Ended 31 January 2024 |
Page |
Company information | 1 |
Balance sheet | 2 |
Notes to the financial statements | 4 |
Resus Investments Limited |
Company Information |
for the Year Ended 31 January 2024 |
Directors: |
Registered office: |
Registered number: |
Accountants: |
Chartered Accountants |
Mynshull House |
78 Churchgate |
Stockport |
Cheshire |
SK1 1YJ |
Resus Investments Limited (Registered number: 13852368) |
Balance Sheet |
31 January 2024 |
31.1.24 | 31.1.23 |
Notes | £ | £ |
Fixed assets |
Investment property | 4 |
Current assets |
Cash at bank |
Creditors |
Amounts falling due within one year | 5 | ( |
) | ( |
) |
Net current liabilities | ( |
) | ( |
) |
Total assets less current liabilities | ( |
) |
Provisions for liabilities | 6 | ( |
) |
Net assets/(liabilities) | ( |
) |
Capital and reserves |
Called up share capital | 7 |
Fair value reserve | 8 |
Retained earnings | ( |
) | ( |
) |
Shareholders' funds | ( |
) |
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. |
Resus Investments Limited (Registered number: 13852368) |
Balance Sheet - continued |
31 January 2024 |
The financial statements were approved by the Board of Directors and authorised for issue on |
Resus Investments Limited (Registered number: 13852368) |
Notes to the Financial Statements |
for the Year Ended 31 January 2024 |
1. | Statutory information |
Resus Investments Limited is a |
2. | Accounting policies |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
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 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. |
3. | Employees and directors |
The average number of employees during the year was |
4. | Investment property |
Total |
£ |
Fair value |
At 1 February 2023 |
Additions |
Valuation changes | 38,701 |
At 31 January 2024 |
Net book value |
At 31 January 2024 |
At 31 January 2023 |
Resus Investments Limited (Registered number: 13852368) |
Notes to the Financial Statements - continued |
for the Year Ended 31 January 2024 |
4. | Investment property - continued |
Fair value at 31 January 2024 is represented by: |
£ |
Valuation in 2024 | 230,000 |
If investment property had not been revalued it would have been included at the following historical cost: |
31.1.24 | 31.1.23 |
£ | £ |
Cost | 191,299 | 177,219 |
Investment property was valued on an open market basis on 31 January 2024 by the director . |
5. | Creditors: amounts falling due within one year |
31.1.24 | 31.1.23 |
£ | £ |
Directors' current accounts | 197,154 | 183,475 |
Accrued expenses |
6. | Provisions for liabilities |
31.1.24 | 31.1.23 |
£ | £ |
Deferred tax | 7,353 | - |
Deferred |
tax |
£ |
Provided during year |
Balance at 31 January 2024 |
7. | Called up share capital |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.1.24 | 31.1.23 |
value: | £ | £ |
Ordinary | £0.01 | 200 | 200 |
Resus Investments Limited (Registered number: 13852368) |
Notes to the Financial Statements - continued |
for the Year Ended 31 January 2024 |
8. | Reserves |
Fair |
value |
reserve |
£ |
Transfer from retained earnings | 31,348 |
At 31 January 2024 |
9. | Post balance sheet events |
The company obtained a mortgage with Landbay secured on the investment property held, the total loan repayable to Landbay is £166,950. |