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Company Registration No. 14181024 (England and Wales)
RRR RETAIL LTD Unaudited accounts for the year ended 30 June 2024
RRR RETAIL LTD Unaudited accounts Contents
Page
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RRR RETAIL LTD Company Information for the year ended 30 June 2024
Directors
Raviteja Reddy BHEEMU Meruga Madhavi
Company Number
14181024 (England and Wales)
Registered Office
83 MILLBROOK ROAD EAST SOUTHAMPTON HAMPSHIRE SO15 1HP UNITED KINGDOM
Accountants
Equifin Accountancy Ltd Unit A-4 Livingstone Court 55 Peel Road Harrow Middlesex HA3 7QT
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RRR RETAIL LTD Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
25,800 
34,400 
Tangible assets
13,942 
6,278 
39,742 
40,678 
Current assets
Inventories
17,850 
16,350 
Debtors
1,500 
7,500 
Cash at bank and in hand
12,834 
4,255 
32,184 
28,105 
Creditors: amounts falling due within one year
(13,245)
(13,733)
Net current assets
18,939 
14,372 
Total assets less current liabilities
58,681 
55,050 
Creditors: amounts falling due after more than one year
(51,647)
(49,347)
Net assets
7,034 
5,703 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
7,033 
5,702 
Shareholders' funds
7,034 
5,703 
For the year ending 30 June 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.
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 25 June 2025 and were signed on its behalf by
Raviteja Reddy BHEEMU Director Company Registration No. 14181024
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RRR RETAIL LTD Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
RRR RETAIL LTD is a private company, limited by shares, registered in England and Wales, registration number 14181024. The registered office is 83 MILLBROOK ROAD EAST, SOUTHAMPTON, HAMPSHIRE, SO15 1HP, UNITED KINGDOM.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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:
Plant & machinery
20% on Straight line method
Fixtures & fittings
20% on Straight line method
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Amortised over 10 years of useful life.
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RRR RETAIL LTD Notes to the Accounts for the year ended 30 June 2024
4
Intangible fixed assets
Other 
£ 
Cost
At 1 July 2023
43,000 
At 30 June 2024
43,000 
Amortisation
At 1 July 2023
8,600 
Charge for the year
8,600 
At 30 June 2024
17,200 
Net book value
At 30 June 2024
25,800 
At 30 June 2023
34,400 
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2023
2,400 
5,448 
7,848 
Additions
11,150 
- 
11,150 
At 30 June 2024
13,550 
5,448 
18,998 
Depreciation
At 1 July 2023
480 
1,090 
1,570 
Charge for the year
2,614 
872 
3,486 
At 30 June 2024
3,094 
1,962 
5,056 
Net book value
At 30 June 2024
10,456 
3,486 
13,942 
At 30 June 2023
1,920 
4,358 
6,278 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
1,500 
1,500 
Amounts falling due after more than one year
Other debtors
- 
6,000 
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RRR RETAIL LTD Notes to the Accounts for the year ended 30 June 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
7,500 
- 
VAT
335 
341 
Trade creditors
356 
- 
Taxes and social security
1,840 
631 
Other creditors
1,214 
6,750 
Loans from directors
- 
4,411 
Accruals
2,000 
1,600 
13,245 
13,733 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
15,630 
- 
Loans from directors
36,017 
49,347 
51,647 
49,347 
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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