REGISTERED NUMBER: 03703060 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Reso Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Y L P Lazareff

S K Lazareff

REGISTERED OFFICE:

Unit 1 & 2 Frosbury Farm

Gravetts Lane

Worplesdon

Surrey

GU3 3JW

REGISTERED NUMBER:

03703060 (England and Wales)

ACCOUNTANTS:

EWP Limited

20 Anchor Terrace

3-13 Southwark Bridge Road

London

SE1 9HQ

FIXED ASSETS

Tangible assets

4

23,704

37,018

Investments

5

881

881

24,585

37,899

CURRENT ASSETS

Stocks

958,509

493,495

Debtors

6

1,031,230

887,775

Cash at bank

206,621

568,277

2,196,360

1,949,547

CREDITORS

Amounts falling due within one year

7

907,245

834,451

NET CURRENT ASSETS

1,289,115

1,115,096

TOTAL ASSETS LESS CURRENT LIABILITIES

1,313,700

1,152,995

CREDITORS

Amounts falling due after more than one year

8

(13,333

)

(53,333

)

PROVISIONS FOR LIABILITIES

(5,926

)

(9,255

)

NET ASSETS

1,294,441

1,090,407

CAPITAL AND RESERVES

Called up share capital

1,800

1,800

Capital redemption reserve

200

200

Retained earnings

1,292,441

1,088,407

1,294,441

1,090,407

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 Board of Directors and authorised for issue on 29 October 2025 and were signed on its behalf by:

S K Lazareff - Director

1.	STATUTORY INFORMATION

Reso 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.

Preparation of consolidated financial statements

The financial statements contain information about Reso Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated 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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 20 (2024 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

141,430

Additions

11,078

At 31 March 2025

152,508

DEPRECIATION

At 1 April 2024

104,412

Charge for year

24,392

At 31 March 2025

128,804

NET BOOK VALUE

At 31 March 2025

23,704

At 31 March 2024

37,018

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

881

NET BOOK VALUE

At 31 March 2025

881

At 31 March 2024

881

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

658,050

721,327

Other debtors

373,180

166,448

1,031,230

887,775

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

40,000

40,000

Trade creditors

512,414

460,925

Taxation and social security

229,246

193,333

Other creditors

125,585

140,193

907,245

834,451

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

13,333

53,333

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

13,333

53,333

9.	SECURED DEBTS

The bank loan is secured by a debenture, incorporating a fixed and floating charge over the company's current and future assets. The total balance outstanding at the year end is £53,333 (2023: £93,333).