IRIS Accounts Production v24.3.0.553 03752884 director 1.6.23 31.5.24 31.5.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh037528842023-05-31037528842024-05-31037528842023-06-012024-05-31037528842022-05-31037528842022-06-012023-05-31037528842023-05-3103752884ns15:EnglandWales2023-06-012024-05-3103752884ns14:PoundSterling2023-06-012024-05-3103752884ns10:Director12023-06-012024-05-3103752884ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3103752884ns10:SmallEntities2023-06-012024-05-3103752884ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3103752884ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3103752884ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3103752884ns10:FullAccounts2023-06-012024-05-3103752884ns10:CompanySecretary12023-06-012024-05-3103752884ns10:RegisteredOffice2023-06-012024-05-3103752884ns5:CurrentFinancialInstruments2024-05-3103752884ns5:CurrentFinancialInstruments2023-05-3103752884ns5:Non-currentFinancialInstruments2024-05-3103752884ns5:Non-currentFinancialInstruments2023-05-3103752884ns5:ShareCapital2024-05-3103752884ns5:ShareCapital2023-05-3103752884ns5:RetainedEarningsAccumulatedLosses2024-05-3103752884ns5:RetainedEarningsAccumulatedLosses2023-05-3103752884ns5:PlantMachinery2023-06-012024-05-3103752884ns5:MotorVehicles2023-06-012024-05-3103752884ns5:ComputerEquipment2023-06-012024-05-3103752884ns5:PlantMachinery2023-05-3103752884ns5:MotorVehicles2023-05-3103752884ns5:ComputerEquipment2023-05-3103752884ns5:PlantMachinery2024-05-3103752884ns5:MotorVehicles2024-05-3103752884ns5:ComputerEquipment2024-05-3103752884ns5:PlantMachinery2023-05-3103752884ns5:MotorVehicles2023-05-3103752884ns5:ComputerEquipment2023-05-3103752884ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-05-3103752884ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-06-012024-05-3103752884ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-05-3103752884ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-05-3103752884ns5:WithinOneYearns5:CurrentFinancialInstruments2024-05-3103752884ns5:WithinOneYearns5:CurrentFinancialInstruments2023-05-31
REGISTERED NUMBER: 03752884 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

RESOLUTE ENGINEERING SERVICES LIMITED

RESOLUTE ENGINEERING SERVICES LIMITED (REGISTERED NUMBER: 03752884)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RESOLUTE ENGINEERING SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: D L Milne





SECRETARY: Miss J McEvansoneya





REGISTERED OFFICE: Unit B1F
Fairoaks Airport
Chobham
Surrey
GU24 8HU





REGISTERED NUMBER: 03752884 (England and Wales)





ACCOUNTANTS: L E Marshall & Co
Chartered Accountants
Unit B1F
Fairoaks Airport
Chobham
Surrey
GU24 8HU

RESOLUTE ENGINEERING SERVICES LIMITED (REGISTERED NUMBER: 03752884)

BALANCE SHEET
31 MAY 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,749 8,586

CURRENT ASSETS
Stocks 1,000 1,000
Debtors 5 36,102 40,195
Cash at bank - 3,316
37,102 44,511
CREDITORS
Amounts falling due within one year 6 60,302 75,763
NET CURRENT LIABILITIES (23,200 ) (31,252 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(17,451

)

(22,666

)

CREDITORS
Amounts falling due after more than one
year

7

1,907

5,092
NET LIABILITIES (19,358 ) (27,758 )

CAPITAL AND RESERVES
Called up share capital 50 50
Retained earnings (19,408 ) (27,808 )
SHAREHOLDERS' FUNDS (19,358 ) (27,758 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

RESOLUTE ENGINEERING SERVICES LIMITED (REGISTERED NUMBER: 03752884)

BALANCE SHEET - continued
31 MAY 2024


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 director and authorised for issue on 5 February 2025 and were signed by:





D L Milne - Director


RESOLUTE ENGINEERING SERVICES LIMITED (REGISTERED NUMBER: 03752884)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1. STATUTORY INFORMATION

Resolute Engineering Services 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
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 10% on cost
Motor vehicles - 20% on cost
Computer equipment - 25% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value. Cost is ascertained by the use of the first-in first-out method of cost calculation. Net realisable value is based on an estimated selling price, less further costs to be incurred to completion and disposal. Provision is also made for obsolete, slow-moving and defective items, where appropriate.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

RESOLUTE ENGINEERING SERVICES LIMITED (REGISTERED NUMBER: 03752884)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 June 2023 384 13,990 566 14,940
Disposals - - (566 ) (566 )
At 31 May 2024 384 13,990 - 14,374
DEPRECIATION
At 1 June 2023 192 5,596 566 6,354
Charge for year 39 2,798 - 2,837
Eliminated on disposal - - (566 ) (566 )
At 31 May 2024 231 8,394 - 8,625
NET BOOK VALUE
At 31 May 2024 153 5,596 - 5,749
At 31 May 2023 192 8,394 - 8,586

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 June 2023
and 31 May 2024 13,990
DEPRECIATION
At 1 June 2023 5,596
Charge for year 2,798
At 31 May 2024 8,394
NET BOOK VALUE
At 31 May 2024 5,596
At 31 May 2023 8,394

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 30,460 32,642
Other debtors 5,642 7,553
36,102 40,195

RESOLUTE ENGINEERING SERVICES LIMITED (REGISTERED NUMBER: 03752884)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 1,746 -
Hire purchase contracts 3,185 3,185
Trade creditors 9,697 29,878
Taxation and social security 12,393 8,416
Other creditors 33,281 34,284
60,302 75,763

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Hire purchase contracts 1,907 5,092