RSS FAST FOOD SUPPLIERS LTD

Company Registration Number:
09342809 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

RSS FAST FOOD SUPPLIERS LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

RSS FAST FOOD SUPPLIERS LTD

Balance sheet

As at 31 December 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 225,646 167,791
Total fixed assets: 225,646 167,791
Current assets
Stocks: 250,750 224,150
Debtors:   954,006 870,700
Cash at bank and in hand: 77,614 64,856
Total current assets: 1,282,370 1,159,706
Creditors: amounts falling due within one year: 4 (933,172) (871,726)
Net current assets (liabilities): 349,198 287,980
Total assets less current liabilities: 574,844 455,771
Creditors: amounts falling due after more than one year: 5 (161,698) (105,277)
Total net assets (liabilities): 413,146 350,494
Capital and reserves
Called up share capital: 60,000 60,000
Profit and loss account: 353,146 290,494
Shareholders funds: 413,146 350,494

The notes form part of these financial statements

RSS FAST FOOD SUPPLIERS LTD

Balance sheet statements

For the year ending 31 December 2024 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 11 June 2025
and signed on behalf of the board by:

Name: Selvarajah Jithenthrakumar
Status: Director

The notes form part of these financial statements

RSS FAST FOOD SUPPLIERS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

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

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Fixtures, fittings, tools and equipment - 15% reducing balance Motor Vehicles 15% reducing balance

Valuation and information policy

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

Other accounting policies

Debtors: Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. Creditors: Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. Taxation: A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Provision: Provisions (i.e., liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

RSS FAST FOOD SUPPLIERS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 19 8

RSS FAST FOOD SUPPLIERS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 307,203
Additions 97,675
At 31 December 2024 404,878
Depreciation
At 01 January 2024 139,412
Charge for year 39,820
At 31 December 2024 179,232
Net book value
At 31 December 2024 225,646
At 31 December 2023 167,791

RSS FAST FOOD SUPPLIERS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Creditors: amounts falling due within one year note

Accruals - £31,900 Obligations under finance lease and hire purchase contracts - £15,925 Trade creditors - £740,719 Corporation tax - £49,029 Other taxes and social security costs - £7,975 Other creditors - £87,624

RSS FAST FOOD SUPPLIERS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due after more than one year note

Obligations under finance lease and hire purchase contracts - £161,698