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REGISTERED NUMBER: 03157239 (England and Wales)












Unaudited Financial Statements

for the Year Ended 29 February 2024

for

Research Selection Limited

Research Selection Limited (Registered number: 03157239)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


Research Selection Limited

Company Information
for the Year Ended 29 February 2024







DIRECTOR: V Begg





REGISTERED OFFICE: 1 Stanyards Courtyard
Stanyards Farm
Chertsey Road
Chobham
Surrey
GU24 8JE





REGISTERED NUMBER: 03157239 (England and Wales)





ACCOUNTANTS: Ahmad York Limited
Chartered Certified Accountants
1 Stanyards Courtyard
Stanyards Farm
Chertsey Road
Chobham
Surrey
GU24 8JE

Research Selection Limited (Registered number: 03157239)

Abridged Statement of Financial Position
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 1,663 97

CURRENT ASSETS
Debtors 1,054 1,054
Cash at bank 43,876 42,846
44,930 43,900
CREDITORS
Amounts falling due within one year 4,552 2,629
NET CURRENT ASSETS 40,378 41,271
TOTAL ASSETS LESS CURRENT
LIABILITIES

42,041

41,368

PROVISIONS FOR LIABILITIES 316 18
NET ASSETS 41,725 41,350

CAPITAL AND RESERVES
Called up share capital 67 67
Share premium 33 33
Retained earnings 41,625 41,250
SHAREHOLDERS' FUNDS 41,725 41,350

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Research Selection Limited (Registered number: 03157239)

Abridged Statement of Financial Position - continued
29 February 2024


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

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 29 February 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 November 2024 and were signed by:





V Begg - Director


Research Selection Limited (Registered number: 03157239)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Research Selection Limited 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.

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.

Turnover
Revenue 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.
Computer equipment - 25% on reducing balance

Financial instruments
The company only enters into basic financial instrument transactions in accordance with Section 11. Financial assets and liabilities are measured at cost and financial assets are assessed at the end of each reporting period for objective evidence of impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. PROPERTY, PLANT AND EQUIPMENT
Totals
£   
COST
At 1 March 2023 2,223
Additions 1,774
Disposals (2,223 )
At 29 February 2024 1,774
DEPRECIATION
At 1 March 2023 2,126
Charge for year 135
Eliminated on disposal (2,150 )
At 29 February 2024 111
NET BOOK VALUE
At 29 February 2024 1,663
At 28 February 2023 97