R & R Holdings (Wrexham) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 09191589

R & R Holdings (Wrexham) Limited

Filleted Unaudited Financial Statements

31 March 2025

R & R Holdings (Wrexham) Limited

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed assets

Investments	5	100	100

Current assets

Debtors	6	1,967,160	1,842,961
Cash at bank and in hand		121,339	250,389
		------------	------------
		2,088,499	2,093,350

Creditors: amounts falling due within one year	7	11,074	18,921
		------------	------------
Net current assets		2,077,425	2,074,429
		------------	------------
Total assets less current liabilities		2,077,525	2,074,529
		------------	------------
Net assets		2,077,525	2,074,529
		------------	------------

Capital and reserves

Called up share capital	8	5,000	5,000
Profit and loss account		2,072,525	2,069,529
		------------	------------
Shareholders funds		2,077,525	2,074,529
		------------	------------

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 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

R & R Holdings (Wrexham) Limited

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 16 December 2025 , and are signed on behalf of the board by:

Mr S P M Wingett	Mrs C G Thomas
Director	Director

Company registration number: 09191589

R & R Holdings (Wrexham) Limited

Notes to the Financial Statements

Year ended 31 March 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 Unit 10, Edison Court, Ellice Way, Wrexham Technology Park, Wrexham, LL13 7YT.

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. The financial statements are prepared in sterling, which is the functional currency of the entity. The company has taken advantage of the exemption, under the terms of the Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", not to disclose the related party transactions with wholly owned subsidiaries within the group.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Income recognition

Turnover is recognised at the fair value of the consideration received or receivable for the provision of management services, and is shown net of VAT and other sales related taxes. Interest income is recognised in the Statement of income and retained earnings using the effective interest method. Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Taxation

The tax expense represents the sum of the tax currently payable and deferred tax. Current tax The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date. Deferred tax Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit. The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

Investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Equity instruments Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Investments

	Shares in group undertakings
	£
Cost
At 1 April 2024 and 31 March 2025	100
	----
Impairment
At 1 April 2024 and 31 March 2025	–
	----

Carrying amount
At 31 March 2025	100
	----
At 31 March 2024	100
	----

6. Debtors

	2025	2024
	£	£
Amounts owed by group undertakings falling due after more than one year	1,967,160	1,842,961
	------------	------------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Amounts owed to group undertakings and undertakings in which the company has a participating interest	2,000	2,001
Social security and other taxes	1,049	7,792
Other creditors	8,025	9,128
	--------	--------
	11,074	18,921
	--------	--------

8. Called up share capital

Authorised share capital

	2025		2024
	No.	£	No.	£
Ordinary A shares of £ 0.001 each	1,606,676	1,607	1,606,676	1,607
Ordinary B shares of £ 0.001 each	3,393,324	3,393	3,393,324	3,393
	------------	-------	------------	-------
	5,000,000	5,000	5,000,000	5,000
	------------	-------	------------	-------

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary A shares of £ 0.001 each	1,606,676	1,607	1,606,676	1,607
Ordinary B shares of £ 0.001 each	3,393,324	3,393	3,393,324	3,393
	------------	-------	------------	-------
	5,000,000	5,000	5,000,000	5,000
	------------	-------	------------	-------

In a previous period, the 5,000 Ordinary shares with a nominal value of £1 were sub-divided into 5,000,000 Ordinary shares with a nominal value of £0.001. On the same date, the 5,000,000 Ordinary shares were redesignated into 1,606,766 A Ordinary shares of £0.001 each and 3,393,324 B Ordinary shares of £0.001 each.

9. Directors' advances, credits and guarantees

The directors operated a loan account with the company. At the beginning of the period the amount owed to the directors by the company was £5,437 (2024 £9,437) and at the end of the period the company owed the directors £7,124 (2024 £5,437). The loan is interest free and repayable upon demand.

10. Related party transactions

The company has taken advantage of the exemption, under the terms of the Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", not to disclose the related party transactions with wholly owned subsidiaries within the group.

11. Controlling party

R & R Holdings (Wrexham) 23 Limited holds the entire share capital in R & R Holdings (Wrexham) Limited and is the ultimate parent company. The Registered office is Unit 10 Edison Court, Ellice Way, Wrexham Technology Park, Wrexham LL13 7YT