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Company Registration No. 12600133 (England and Wales)
RESSI LTD Unaudited accounts for the year ended 31 May 2024
RESSI LTD Unaudited accounts Contents
Page
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RESSI LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
189 
236 
Investment property
325,000 
325,000 
325,189 
325,236 
Current assets
Inventories
39,099 
64,727 
Debtors
47,091 
59,839 
Cash at bank and in hand
26,948 
66,813 
113,138 
191,379 
Creditors: amounts falling due within one year
(183,697)
(297,259)
Net current liabilities
(70,559)
(105,880)
Total assets less current liabilities
254,630 
219,356 
Creditors: amounts falling due after more than one year
(218,047)
(218,047)
Net assets
36,583 
1,309 
Capital and reserves
Called up share capital
102 
102 
Profit and loss account
36,481 
1,207 
Shareholders' funds
36,583 
1,309 
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 January 2025 and were signed on its behalf by
JM Fortnum Director Company Registration No. 12600133
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RESSI LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
RESSI LTD is a private company, limited by shares, registered in England and Wales, registration number 12600133. The registered office is 137-139 HIGH STREET, BECKENHAM, KENT, BR3 1AG, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance basis
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 June 2023
340 
At 31 May 2024
340 
Depreciation
At 1 June 2023
104 
Charge for the year
47 
At 31 May 2024
151 
Net book value
At 31 May 2024
189 
At 31 May 2023
236 
5
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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