THE RESOURCES GROUP LIMITED

THE RESOURCES GROUP LIMITED

THE RESOURCES GROUP LIMITED - Company Information

Print Friendly Version

THE RESOURCES GROUP LIMITED

Company Registration Number:
05339659 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

THE RESOURCES GROUP LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

THE RESOURCES GROUP LIMITED

Balance sheet

As at 31 December 2022


Notes
2022
2021


£
£
Fixed assets
Intangible assets: 3 436,715 481,842
Tangible assets: 4 3,203 10,990
Investments: 5 403 403
Total fixed assets: 440,321 493,235
Current assets
Debtors:   1,337,124 1,285,441
Cash at bank and in hand: 784,023 1,132,534
Total current assets: 2,121,147 2,417,975
Creditors: amounts falling due within one year:   (955,276) (1,043,422)
Net current assets (liabilities): 1,165,871 1,374,553
Total assets less current liabilities: 1,606,192 1,867,788
Creditors: amounts falling due after more than one year:   (252,549) (671,786)
Total net assets (liabilities): 1,353,643 1,196,002
Capital and reserves
Called up share capital: 1,500 1,500
Other reserves: 1,500 1,500
Profit and loss account: 1,350,643 1,193,002
Shareholders funds: 1,353,643 1,196,002

The notes form part of these financial statements

THE RESOURCES GROUP LIMITED

Balance sheet statements

For the year ending 31 December 2022 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 2023
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 2022

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 2022

2. Employees

2022 2021
Average number of employees during the period 28 30

THE RESOURCES GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Intangible Assets

Total
Cost £
At 01 January 2022 1,024,001
Additions 74,486
At 31 December 2022 1,098,487
Amortisation
At 01 January 2022 542,159
Charge for year 119,613
At 31 December 2022 661,772
Net book value
At 31 December 2022 436,715
At 31 December 2021 481,842

THE RESOURCES GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Tangible Assets

Total
Cost £
At 01 January 2022 524,288
At 31 December 2022 524,288
Depreciation
At 01 January 2022 513,298
Charge for year 7,787
At 31 December 2022 521,085
Net book value
At 31 December 2022 3,203
At 31 December 2021 10,990

THE RESOURCES GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Fixed investments

Investment in subsidiaries

THE RESOURCES GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

6. Loans to directors

Name of director receiving advance or credit: Laurence Cave
Description of the loan: Directors Loan Account
£
Balance at 01 January 2022 203,000
Advances or credits made: 226,000
Advances or credits repaid: 203,000
Balance at 31 December 2022 226,000