THE RESOURCES GROUP LIMITED

THE RESOURCES GROUP LIMITED

THE RESOURCES GROUP LIMITED - Company Information

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THE RESOURCES GROUP LIMITED

Company Registration Number:
05339659 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2018

Period of accounts

Start date: 01 January 2018

End date: 31 December 2018

THE RESOURCES GROUP LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2018

Balance sheet
Notes

THE RESOURCES GROUP LIMITED

Balance sheet

As at 31 December 2018


Notes
2018
2017


£
£
Fixed assets
Intangible assets: 2 463,277 506,172
Tangible assets: 3 108,837 122,961
Investments: 4 403 403
Total fixed assets: 572,517 629,536
Current assets
Debtors:   1,540,101 1,355,799
Cash at bank and in hand: 472,697 189,092
Total current assets: 2,012,798 1,544,891
Creditors: amounts falling due within one year:   (1,351,896) (996,792)
Net current assets (liabilities): 660,902 548,099
Total assets less current liabilities: 1,233,419 1,177,635
Total net assets (liabilities): 1,233,419 1,177,635
Capital and reserves
Called up share capital: 1,500 1,500
Other reserves: 1,500 1,500
Profit and loss account: 1,230,419 1,174,635
Shareholders funds: 1,233,419 1,177,635

The notes form part of these financial statements

THE RESOURCES GROUP LIMITED

Balance sheet statements

For the year ending 31 December 2018 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 September 2019
and signed on behalf of the board by:

Name: Laurence Cave
Status: Director

The notes form part of these financial statements

THE RESOURCES GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

THE RESOURCES GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

2. Intangible Assets

Total
Cost £
At 01 January 2018 788,246
At 31 December 2018 788,246
Amortisation
At 01 January 2018 282,074
Charge for year 42,895
At 31 December 2018 324,969
Net book value
At 31 December 2018 463,277
At 31 December 2017 506,172

THE RESOURCES GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

3. Tangible Assets

Total
Cost £
At 01 January 2018 513,767
Additions 10,521
At 31 December 2018 524,288
Depreciation
At 01 January 2018 390,806
Charge for year 24,645
At 31 December 2018 415,451
Net book value
At 31 December 2018 108,837
At 31 December 2017 122,961

THE RESOURCES GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

4. Fixed investments

Shares held in fully owned subsidiary companies

THE RESOURCES GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

5. Loans to directors

Name of director receiving advance or credit: Laurence Cave
Description of the loan: Advance
£
Balance at 01 January 2018 75,000
Advances or credits made: 160,000
Advances or credits repaid: 75,000
Balance at 31 December 2018 160,000