2023-02-012024-01-312024-01-31false12403544RESSO GROUP LIMITED2024-10-2964209iso4217:GBPxbrli:pure124035442023-02-01124035442024-01-31124035442023-02-012024-01-31124035442022-02-01124035442023-01-31124035442022-02-012023-01-3112403544bus:SmallEntities2023-02-012024-01-3112403544bus:AuditExempt-NoAccountantsReport2023-02-012024-01-3112403544bus:FullAccounts2023-02-012024-01-3112403544bus:PrivateLimitedCompanyLtd2023-02-012024-01-3112403544core:WithinOneYear2024-01-3112403544core:AfterOneYear2024-01-3112403544core:WithinOneYear2023-01-3112403544core:AfterOneYear2023-01-3112403544core:ShareCapital2024-01-3112403544core:SharePremium2024-01-3112403544core:RevaluationReserve2024-01-3112403544core:OtherReservesSubtotal2024-01-3112403544core:RetainedEarningsAccumulatedLosses2024-01-3112403544core:ShareCapital2023-01-3112403544core:SharePremium2023-01-3112403544core:RevaluationReserve2023-01-3112403544core:OtherReservesSubtotal2023-01-3112403544core:RetainedEarningsAccumulatedLosses2023-01-3112403544core:LandBuildings2024-01-3112403544core:PlantMachinery2024-01-3112403544core:Vehicles2024-01-3112403544core:FurnitureFittings2024-01-3112403544core:OfficeEquipment2024-01-3112403544core:NetGoodwill2024-01-3112403544core:IntangibleAssetsOtherThanGoodwill2024-01-3112403544core:ListedExchangeTraded2024-01-3112403544core:UnlistedNon-exchangeTraded2024-01-3112403544core:LandBuildings2023-01-3112403544core:PlantMachinery2023-01-3112403544core:Vehicles2023-01-3112403544core:FurnitureFittings2023-01-3112403544core:OfficeEquipment2023-01-3112403544core:NetGoodwill2023-01-3112403544core:IntangibleAssetsOtherThanGoodwill2023-01-3112403544core:ListedExchangeTraded2023-01-3112403544core:UnlistedNon-exchangeTraded2023-01-3112403544core:LandBuildings2023-02-012024-01-3112403544core:PlantMachinery2023-02-012024-01-3112403544core:Vehicles2023-02-012024-01-3112403544core:FurnitureFittings2023-02-012024-01-3112403544core:OfficeEquipment2023-02-012024-01-3112403544core:NetGoodwill2023-02-012024-01-3112403544core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3112403544core:ListedExchangeTraded2023-02-012024-01-3112403544core:UnlistedNon-exchangeTraded2023-02-012024-01-3112403544core:MoreThanFiveYears2023-02-012024-01-3112403544core:Non-currentFinancialInstruments2024-01-3112403544core:Non-currentFinancialInstruments2023-01-3112403544dpl:CostSales2023-02-012024-01-3112403544dpl:DistributionCosts2023-02-012024-01-3112403544core:LandBuildings2023-02-012024-01-3112403544core:PlantMachinery2023-02-012024-01-3112403544core:Vehicles2023-02-012024-01-3112403544core:FurnitureFittings2023-02-012024-01-3112403544core:OfficeEquipment2023-02-012024-01-3112403544dpl:AdministrativeExpenses2023-02-012024-01-3112403544core:NetGoodwill2023-02-012024-01-3112403544core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3112403544dpl:GroupUndertakings2023-02-012024-01-3112403544dpl:ParticipatingInterests2023-02-012024-01-3112403544dpl:GroupUndertakingscore:ListedExchangeTraded2023-02-012024-01-3112403544core:ListedExchangeTraded2023-02-012024-01-3112403544dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-02-012024-01-3112403544core:UnlistedNon-exchangeTraded2023-02-012024-01-3112403544dpl:CostSales2022-02-012023-01-3112403544dpl:DistributionCosts2022-02-012023-01-3112403544core:LandBuildings2022-02-012023-01-3112403544core:PlantMachinery2022-02-012023-01-3112403544core:Vehicles2022-02-012023-01-3112403544core:FurnitureFittings2022-02-012023-01-3112403544core:OfficeEquipment2022-02-012023-01-3112403544dpl:AdministrativeExpenses2022-02-012023-01-3112403544core:NetGoodwill2022-02-012023-01-3112403544core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3112403544dpl:GroupUndertakings2022-02-012023-01-3112403544dpl:ParticipatingInterests2022-02-012023-01-3112403544dpl:GroupUndertakingscore:ListedExchangeTraded2022-02-012023-01-3112403544core:ListedExchangeTraded2022-02-012023-01-3112403544dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-02-012023-01-3112403544core:UnlistedNon-exchangeTraded2022-02-012023-01-3112403544core:NetGoodwill2024-01-3112403544core:IntangibleAssetsOtherThanGoodwill2024-01-3112403544core:LandBuildings2024-01-3112403544core:PlantMachinery2024-01-3112403544core:Vehicles2024-01-3112403544core:FurnitureFittings2024-01-3112403544core:OfficeEquipment2024-01-3112403544core:AfterOneYear2024-01-3112403544core:WithinOneYear2024-01-3112403544core:ListedExchangeTraded2024-01-3112403544core:UnlistedNon-exchangeTraded2024-01-3112403544core:ShareCapital2024-01-3112403544core:SharePremium2024-01-3112403544core:RevaluationReserve2024-01-3112403544core:OtherReservesSubtotal2024-01-3112403544core:RetainedEarningsAccumulatedLosses2024-01-3112403544core:NetGoodwill2023-01-3112403544core:IntangibleAssetsOtherThanGoodwill2023-01-3112403544core:LandBuildings2023-01-3112403544core:PlantMachinery2023-01-3112403544core:Vehicles2023-01-3112403544core:FurnitureFittings2023-01-3112403544core:OfficeEquipment2023-01-3112403544core:AfterOneYear2023-01-3112403544core:WithinOneYear2023-01-3112403544core:ListedExchangeTraded2023-01-3112403544core:UnlistedNon-exchangeTraded2023-01-3112403544core:ShareCapital2023-01-3112403544core:SharePremium2023-01-3112403544core:RevaluationReserve2023-01-3112403544core:OtherReservesSubtotal2023-01-3112403544core:RetainedEarningsAccumulatedLosses2023-01-3112403544core:NetGoodwill2022-02-0112403544core:IntangibleAssetsOtherThanGoodwill2022-02-0112403544core:LandBuildings2022-02-0112403544core:PlantMachinery2022-02-0112403544core:Vehicles2022-02-0112403544core:FurnitureFittings2022-02-0112403544core:OfficeEquipment2022-02-0112403544core:AfterOneYear2022-02-0112403544core:WithinOneYear2022-02-0112403544core:ListedExchangeTraded2022-02-0112403544core:UnlistedNon-exchangeTraded2022-02-0112403544core:ShareCapital2022-02-0112403544core:SharePremium2022-02-0112403544core:RevaluationReserve2022-02-0112403544core:OtherReservesSubtotal2022-02-0112403544core:RetainedEarningsAccumulatedLosses2022-02-0112403544core:AfterOneYear2023-02-012024-01-3112403544core:WithinOneYear2023-02-012024-01-3112403544core:Non-currentFinancialInstrumentscore:CostValuation2023-02-012024-01-3112403544core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-02-012024-01-3112403544core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-02-012024-01-3112403544core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-02-012024-01-3112403544core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-02-012024-01-3112403544core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-02-012024-01-3112403544core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-02-012024-01-3112403544core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-02-012024-01-3112403544core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-02-012024-01-3112403544core:Non-currentFinancialInstrumentscore:CostValuation2024-01-3112403544core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-01-3112403544core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-01-3112403544core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-01-3112403544core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-01-3112403544core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-01-3112403544core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-01-3112403544core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-01-3112403544core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-01-3112403544core:Non-currentFinancialInstrumentscore:CostValuation2023-01-3112403544core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-01-3112403544core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-01-3112403544core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-01-3112403544core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-01-3112403544core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-01-3112403544core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-01-3112403544core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-01-3112403544core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-01-3112403544bus:Director12023-02-012024-01-3112403544bus:Director22023-02-012024-01-3112403544bus:Director32023-02-012024-01-31

RESSO GROUP LIMITED

Registered Number
12403544
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2024

RESSO GROUP LIMITED
Company Information
for the year from 1 February 2023 to 31 January 2024

Directors

J Patel
H Patel
D Patel

Registered Address

2nd Floor, Grove House
55 Lowlands Road
Harrow
HA1 3AW

Registered Number

12403544 (England and Wales)
RESSO GROUP LIMITED
Balance Sheet as at
31 January 2024

Notes

2024

2023

£

£

£

£

Current assets
Debtors3199,805100,000
Current asset investments4800800
Cash at bank and on hand21,331126,794
221,936227,594
Creditors amounts falling due within one year5(990)(1,185)
Net current assets (liabilities)220,946226,409
Total assets less current liabilities220,946226,409
Net assets220,946226,409
Capital and reserves
Called up share capital901901
Profit and loss account220,045225,508
Shareholders' funds220,946226,409
The financial statements were approved and authorised for issue by the Board of Directors on 29 October 2024, and are signed on its behalf by:
H Patel
Director
J Patel
Director

Registered Company No. 12403544
RESSO GROUP LIMITED
Notes to the Financial Statements
for the year ended 31 January 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
2.Average number of employees

20242023
Average number of employees during the year33
3.Debtors: amounts due within one year

2024

2023

££
Other debtors199,805100,000
Total199,805100,000
4.Current asset investments
5.Creditors: amounts due within one year

2024

2023

££
Other creditors-195
Accrued liabilities and deferred income990990
Total9901,185
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
6.Related party transactions
Debtors include following intercompany balance at the balance sheet date :- Resso Holding Limited - £99,805 { 2023 - £195 (Cr.) } Apex Reality Ltd - £100,000 { 2023 - £100,000 }