Company registration number: 07087656
Unaudited financial statements
for the year ended 31 March 2025
for
Resolute Solutions Limited
Pages for filing with the Registrar
Company registration number: 07087656
Resolute Solutions Limited
Balance sheet
as at 31 March 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 261,584 284,445
261,584 284,445
Current assets
Stocks 1,885 6,533
Debtors 34,925 130,371
Cash at bank and in hand 16,495 45,238
53,305 182,142
Creditors: amounts falling due within one
year
(104,593) (261,117)
Net current liabilities (51,288) (78,975)
Total assets less current liabilities 210,296 205,470
Creditors: Amounts falling due after more
than one year
5 (70,778) (81,568)
NET ASSETS 139,518 123,902
Capital and reserves
Called up share capital 10 10
Profit and loss account 139,508 123,892
TOTAL EQUITY 139,518 123,902
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 07087656
Resolute Solutions Limited
Balance sheet - continued
as at 31 March 2025
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr A Rule, Director
30 April 2025
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Resolute Solutions Limited
Notes to the financial statements
for the year ended 31 March 2025
1 Company information
Resolute Solutions Limited is a private company registered in England and Wales. Its registered number is 07087656. The company is limited by shares. Its registered office is 7 Henderson Close, Hastings, East Sussex, TN34 2DU.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in 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.
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.
Land and buildings:
Land and buildings - 2% reducing balance
Plant and machinery etc.:
Plant and machinary - 25% reducing balance
Fixtures and fittings - 25% reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 33% straight line
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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Resolute Solutions Limited
Notes to the financial statements - continued
for the year ended 31 March 2025
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 2 (2024 - 2).
4 Tangible fixed assets
Land and
buildings
Plant and
machinery
etc.
Totals
£ £ £
Cost
At 1 April 2024 246,866 140,616 387,482
At 31 March 2025 246,866 140,616 387,482
Depreciation
At 1 April 2024 31,759 71,278 103,037
Charge for year 4,937 17,924 22,861
At 31 March 2025 36,696 89,202 125,898
Net book value
At 31 March 2025 210,170 51,414 261,584
At 31 March 2024 215,107 69,338 284,445
5 Creditors: amounts falling due after more than five years
2025 2024
£ £
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Resolute Solutions Limited
Notes to the financial statements - continued
for the year ended 31 March 2025
5 Creditors: amounts falling due after more than five years - continued
2025 2024
£ £
Repayable by instalments
Bank loans 70,778 81,568
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