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COMPANY REGISTRATION NUMBER: 07903968
RESILIENTI (ROSSINGTON) LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 January 2025
RESILIENTI (ROSSINGTON) LIMITED
FINANCIAL STATEMENTS
YEAR ENDED 31 JANUARY 2025
Contents
Page
Officers and professional advisers
1
Statement of financial position
2
Notes to the financial statements
4
RESILIENTI (ROSSINGTON) LIMITED
OFFICERS AND PROFESSIONAL ADVISERS
Director
A N Richardson
Registered office
The Paddocks
1 Moor Lane
Aubourn
Lincoln
Lincolnshire
England
LN5 9DX
Accountants
Streets LLP
Chartered Accountants
Tower House
Lucy Tower Street
Lincoln
Lincolnshire
LN1 1XW
RESILIENTI (ROSSINGTON) LIMITED
STATEMENT OF FINANCIAL POSITION
31 January 2025
2025
2024
Note
£
£
£
Fixed assets
Tangible assets
4
545,252
545,252
Current assets
Debtors
5
102,727
108,177
Cash at bank and in hand
14,131
14,378
-----------
-----------
116,858
122,555
Creditors: amounts falling due within one year
6
87,351
83,097
-----------
-----------
Net current assets
29,507
39,458
-----------
-----------
Total assets less current liabilities
574,759
584,710
Creditors: amounts falling due after more than one year
7
90,290
124,275
-----------
-----------
Net assets
484,469
460,435
-----------
-----------
RESILIENTI (ROSSINGTON) LIMITED
STATEMENT OF FINANCIAL POSITION (continued)
31 January 2025
2025
2024
Note
£
£
£
Capital and reserves
Called up share capital
100
100
Revaluation reserve
140,000
140,000
Profit and loss account
344,369
320,335
-----------
-----------
Shareholders funds
484,469
460,435
-----------
-----------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 19 June 2025 , and are signed on behalf of the board by:
A N Richardson
Director
Company registration number: 07903968
RESILIENTI (ROSSINGTON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 JANUARY 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Paddocks, 1 Moor Lane, Aubourn, Lincoln, Lincolnshire, LN5 9DX, England.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The directors make estimates and assumptions about the future. These estimates and assumptions impact recognised assets and liabilities, as well as revenue and expenses and other disclosures. These estimates are based on historical experience and on various assumptions considered reasonable under the prevailing conditions. The actual outcome may diverge from these estimates if other assumptions are made, or other conditions arise. The estimates and assumptions that may have a significant effect on the carrying amounts of assets and liabilities within financial year include: Tangible fixed assets are recognised at cost or valuation, less accumulated depreciation and any impairments. Depreciation takes place over the estimated useful life, down to the assessed residual value. The carrying amount of the company's fixed assets is tested as soon as changed conditions show that a need for impairment has arisen. The recoverability of trade debtors and associated provisioning is considered on a regular basis. When calculating the debtor provision, the directors consider the age of the debts and the financial position of its customers.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Investment property
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cashgenerating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
Other financial instruments, including derivatives, are recognised at fair value, with any subsequent changes to fair value recognised in profit or loss.
4. Tangible assets
Land and buildings
£
Cost
At 1 February 2024 and 31 January 2025
545,252
-----------
Depreciation
At 1 February 2024 and 31 January 2025
-----------
Carrying amount
At 31 January 2025
545,252
-----------
At 31 January 2024
545,252
-----------
Investment properties are revalued each year by the director at open market value. At 31 January 2025 the historical cost of investment properties was £405,252 (2024: £405,252). Investment properties are not depreciated.
5. Debtors
2025
2024
£
£
Trade debtors
320
6,270
Amounts owed by group undertakings and undertakings in which the company has a participating interest
102,407
101,907
-----------
-----------
102,727
108,177
-----------
-----------
6. Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
2,758
3,120
Corporation tax
6,964
9,330
Social security and other taxes
2,752
2,873
Other creditors
74,877
67,774
---------
---------
87,351
83,097
---------
---------
7. Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
90,290
124,275
---------
-----------
8. Related party transactions
A N Richardson , sole director and shareholder in Resilienti (Rossington) Limited, is also a director and shareholder in Mampro Limited and sole director and shareholder in Kat-Oli Limited. The companies are registered in England and Wales, numbers 01154636 and 08260860. At the beginning of the year the company owed £158,260 to Mampro Limited. Interest is charged on this balance at 2% per annum. The balance still outstanding as at the year end is £124,275. The term of this loan is 5 years and will conclude in July 2028. No further transactions with related parties were undertaken such as required to be disclosed in accordance with FRS102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
9. Controlling party
The ultimate controlling party is A N Richardson.