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REGISTERED NUMBER: 08282642 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

RESOURCE RECOVERY LIMITED

RESOURCE RECOVERY LIMITED (REGISTERED NUMBER: 08282642)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RESOURCE RECOVERY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTOR: R Wyndham-Lewis





REGISTERED OFFICE: Little Greenfield
School Road
Appledore
Kent
TN26 2BA





REGISTERED NUMBER: 08282642 (England and Wales)





ACCOUNTANTS: Pike Martyn
Little Greenfield
School Road
Appledore
Kent
TN26 2BA

RESOURCE RECOVERY LIMITED (REGISTERED NUMBER: 08282642)

BALANCE SHEET
30 NOVEMBER 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,558,625 2,559,701
Investments 5 500 500
2,559,125 2,560,201

CURRENT ASSETS
Debtors 6 6,445 4,688
Cash at bank 227,809 20,504
234,254 25,192
CREDITORS
Amounts falling due within one year 7 38,040 120,049
NET CURRENT ASSETS/(LIABILITIES) 196,214 (94,857 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,755,339

2,465,344

CREDITORS
Amounts falling due after more than
one year

8

(1,165,623

)

(1,093,223

)

PROVISIONS FOR LIABILITIES (34,200 ) (34,200 )
NET ASSETS 1,555,516 1,337,921

RESOURCE RECOVERY LIMITED (REGISTERED NUMBER: 08282642)

BALANCE SHEET - continued
30 NOVEMBER 2024

30.11.24 30.11.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 9 100 100
Other reserves 145,800 145,800
Retained earnings 1,409,616 1,192,021
SHAREHOLDERS' FUNDS 1,555,516 1,337,921

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

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

The director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 August 2025 and were signed by:





R Wyndham-Lewis - Director


RESOURCE RECOVERY LIMITED (REGISTERED NUMBER: 08282642)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024


1. STATUTORY INFORMATION

Resource Recovery 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.

TANGIBLE FIXED ASSETS
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Land and buildings are not depreciated which is not in accordance with either the Financial Reporting Standard 102-1A or the requirements of the Companies Act 2006 which state that all assets should be depreciated over their economic life.

The director considers that this departure from the requirement of the standard and the Companies Act 2006 is required in order to give a true and fair value.

Land and buildings are measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings 33% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

INVESTMENTS IN SUBSIDIARIES
Investments in subsidiary undertakings are recognised at cost.


RESOURCE RECOVERY LIMITED (REGISTERED NUMBER: 08282642)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024


2. ACCOUNTING POLICIES - continued
TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

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

RESOURCE RECOVERY LIMITED (REGISTERED NUMBER: 08282642)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 December 2023 2,558,625 3,230 2,900 2,564,755
Disposals - - (2,900 ) (2,900 )
At 30 November 2024 2,558,625 3,230 - 2,561,855
DEPRECIATION
At 1 December 2023 - 2,154 2,900 5,054
Charge for year - 1,076 - 1,076
Eliminated on disposal - - (2,900 ) (2,900 )
At 30 November 2024 - 3,230 - 3,230
NET BOOK VALUE
At 30 November 2024 2,558,625 - - 2,558,625
At 30 November 2023 2,558,625 1,076 - 2,559,701

5. FIXED ASSET INVESTMENTS
Shares in
group
undertaki
£   
COST
At 1 December 2023
and 30 November 2024 500
NET BOOK VALUE
At 30 November 2024 500
At 30 November 2023 500

RESOURCE RECOVERY LIMITED (REGISTERED NUMBER: 08282642)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Other debtors 2,049 1,974
Prepayments and accrued income 4,396 2,714
6,445 4,688

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans and overdrafts - 101,500
Trade creditors 2,752 3,220
Tax 8,653 -
Social security and other taxes 42 35
Other creditors 2,971 9,784
Accruals and deferred income 23,622 5,510
38,040 120,049

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.11.24 30.11.23
£    £   
Other creditors 1,165,623 1,093,223

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.24 30.11.23
value: £    £   
100 Ordinary 1.00 100 100