Company registration number 15979418 (England and Wales)
RITE-FIX HOLDINGS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
RITE-FIX HOLDINGS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
RITE-FIX HOLDINGS LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
Notes
£
£
Fixed assets
Investments
3
7,035,000
Current assets
-
Creditors: amounts falling due within one year
4
(3,217,631)
Net current liabilities
(3,217,631)
Total assets less current liabilities
3,817,369
Creditors: amounts falling due after more than one year
5
(1,716,667)
Net assets
2,100,702
Capital and reserves
Called up share capital
1,210
Other reserves
2,099,492
Total equity
2,100,702

For the financial Period ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 29 May 2025 and are signed on its behalf by:
Mr P Richards
Director
Company registration number 15979418 (England and Wales)
RITE-FIX HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information

Rite-Fix Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is 13 Portland Road, Edgbaston, Birmingham, West Midlands, B16 9HN. The principal place of business is Unit 29, Monkspath Business Park, Highlands Road, Solihull, West Midlands, United Kingdom, B90 4NZ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

1.2
Fixed asset investments

Interests in subsidiaries 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.

1.3
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

2
Employees

The average monthly number of persons (including directors) employed by the company during the Period was:

2025
Number
Total
-
0
RITE-FIX HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2025
- 3 -
3
Fixed asset investments
2025
£
Shares in group undertakings and participating interests
7,035,000
Movements in fixed asset investments
Shares in subsidiaries
£
Cost or valuation
At 25 September 2024
-
Valuation changes
7,035,000
At 31 March 2025
7,035,000
Carrying amount
At 31 March 2025
7,035,000
4
Creditors: amounts falling due within one year
2025
£
Amounts owed to group undertakings
2,684,298
Other creditors
533,333
3,217,631
5
Creditors: amounts falling due after more than one year
2025
£
Other creditors
1,716,667
6
Related party transactions

On 21 October 2024 a fixed and floating charge was registered against the company. The charge is in respect of amounts owed to the other creditors.

7
Directors' transactions

On 21 October 2024 a fixed and floating charge was registered against the company. The charge is in respect of amounts owed to the directors and other creditors.

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