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REGISTERED NUMBER: 01034007 (England and Wales)

















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Retirement Services Limited

Retirement Services Limited (Registered number: 01034007)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Retirement Services Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: J Renshaw-Smith
G Renshaw-Smith





REGISTERED OFFICE: Unit 4, Meersbrook Centre
19 Valley Road
Sheffield
South Yorkshire
S8 9FT





REGISTERED NUMBER: 01034007 (England and Wales)





ACCOUNTANTS: SMH Haywood & Co Limited
24-26 Mansfield Road
Rotherham
South Yorkshire
S60 2DT

Retirement Services Limited (Registered number: 01034007)

Balance Sheet
30 September 2024

2024 2023
Notes £    £   
FIXED ASSETS
Investments 4 690 690

CURRENT ASSETS
Debtors 5 113,005 205,204
Cash at bank 90,383 134,335
203,388 339,539
CREDITORS
Amounts falling due within one year 6 (146,700 ) (213,641 )
NET CURRENT ASSETS 56,688 125,898
TOTAL ASSETS LESS CURRENT LIABILITIES 57,378 126,588

CREDITORS
Amounts falling due after more than one
year

7

(3,003

)

(6,923

)
NET ASSETS 54,375 119,665

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 54,275 119,565
SHAREHOLDERS' FUNDS 54,375 119,665

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Retirement Services Limited (Registered number: 01034007)

Balance Sheet - continued
30 September 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 April 2025 and were signed on its behalf by:





G Renshaw-Smith - Director


Retirement Services Limited (Registered number: 01034007)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Retirement 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.

Taxation
Taxation for the year comprises current and deferred tax. 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 or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
2024 2023
£    £   
Investment in subsidiaries 690 690

Retirement Services Limited (Registered number: 01034007)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. FIXED ASSET INVESTMENTS - continued

The company holds 100% of the share capital of Melbourne Services Limited, a dormant company. The aggregate amount of capital and reserves is £5,000 (2023 - £5,000) and the profit/(loss) for the year is £nil (2023 - £nil).

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 9,032 9,008
Other debtors 103,973 196,196
113,005 205,204

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 3,918 3,821
Trade creditors 103,634 119,404
Amounts owed to group undertakings 5,000 5,000
Taxation and social security 3,649 13,613
Other creditors 30,499 71,803
146,700 213,641

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 3,003 6,923

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
55 A Ordinary £1 55 55
45 B Ordinary £1 45 45
100 100

9. RELATED PARTY DISCLOSURES

The company's income is derived from the management of properties in which Lifestyle Gold Limited has a material interest. Charges received totalled £88,000 (2023 - £83,000). The directors were also directors of Lifestyle Gold Limited during the year.

At the year end the company was owed £73,153 (2023 - £154,033) by Samara Limited, a company of which G. Renshaw-Smith and J. Renshaw-Smith are also directors of. During the year loans relating to Lifestyle Gold Limited have been assigned to Samara Limited.

At the year end the company owed the directors £19,741 (2023 - £60,381).

Retirement Services Limited (Registered number: 01034007)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

10. ULTIMATE CONTROLLING PARTY

The company is controlled by G. Renshaw-Smith.