Retail Resources Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08801730

Retail Resources Ltd

Filleted Unaudited Financial Statements

31 August 2025

Retail Resources Ltd

Statement of Financial Position

31 August 2025

	2025	2024
Note	£	£

Current assets

Debtors	5	313,082	302,155
Cash at bank and in hand		16,488	16,240
		---------	---------
		329,570	318,395

Creditors: amounts falling due within one year	6	463,391	468,653
		---------	---------
Net current liabilities		133,821	150,258
		---------	---------
Total assets less current liabilities		( 133,821)	( 150,258)

Creditors: amounts falling due after more than one year	7	4,977	15,244
		---------	---------
Net liabilities		( 138,798)	( 165,502)
		---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	( 138,898)	( 165,602)
	---------	---------
Shareholders deficit	( 138,798)	( 165,502)
	---------	---------

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 income statement has not been delivered.

For the year ending 31 August 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 .

Retail Resources Ltd

Statement of Financial Position (continued)

31 August 2025

These financial statements were approved by the board of directors and authorised for issue on 29 July 2026 , and are signed on behalf of the board by:

Mr L Heer
Director

Company registration number: 08801730

Retail Resources Ltd

Notes to the Financial Statements

Year ended 31 August 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 Old Mill, 9 Soar Lane, Leicester, LE3 5DE.

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 measured at fair value through profit or loss.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

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 15 (2024: 14 ).

5. Debtors

	2025	2024
	£	£
Trade debtors	10,927	–
Other debtors	302,155	302,155
	---------	---------
	313,082	302,155
	---------	---------

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	10,014	10,014
Trade creditors	1,501	1,500
Social security and other taxes	14,945	19,335
Other creditors	436,931	437,804
	---------	---------
	463,391	468,653
	---------	---------

7. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	4,977	15,244
	-------	--------

8. Going concern

The companies liabilities exceed its assets by £138,798 as at the year end. The directors have stated that they will continue to support the company and therefore the company will continue on a going concern basis.

9. Related party transactions

At the balance sheet date there are amounts owing to related parties under common control and mutual directors of £434,182 (2024: £434,182) included in other creditors, the loan is interest fee and payable on demand. At the balance sheet date there are amounts owing from a related party under common control and mutual directors of £2,220 (2024: £2,220) included in other debtors, the loan is interest free and payable on demand.