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COMPANY REGISTRATION NUMBER: 14760287
RB & RB Holdings Limited
Filleted Unaudited Abridged Financial Statements
30 November 2024
RB & RB Holdings Limited
Abridged Financial Statements
Year Ended 30 November 2024
Contents
Page
Abridged statement of financial position
1
Notes to the abridged financial statements
3
RB & RB Holdings Limited
Abridged Statement of Financial Position
30 November 2024
2024
2023
Note
£
£
£
Fixed Assets
Tangible assets
5
86,725
68,660
Investments
6
537,704
537,704
---------
---------
624,429
606,364
Current Assets
Debtors
137,522
Cash at bank and in hand
352,158
2
---------
----
489,680
2
Creditors: amounts falling due within one year
32,897
21,555
---------
--------
Net Current Assets/(Liabilities)
456,783
( 21,553)
------------
---------
Total Assets Less Current Liabilities
1,081,212
584,811
Creditors: amounts falling due after more than one year
7,578
------------
---------
Net Assets
1,081,212
577,233
------------
---------
Capital and Reserves
Called up share capital
7
106
106
Profit and loss account
1,081,106
577,127
------------
---------
Shareholders Funds
1,081,212
577,233
------------
---------
These abridged 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 abridged statement of comprehensive income has not been delivered.
For the year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .
All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the year ending 30 November 2024 in accordance with Section 444(2A) of the Companies Act 2006.
RB & RB Holdings Limited
Abridged Statement of Financial Position (continued)
30 November 2024
These abridged financial statements were approved by the board of directors and authorised for issue on 7 August 2025 , and are signed on behalf of the board by:
Mr R Burton
Director
Company registration number: 14760287
RB & RB Holdings Limited
Notes to the Abridged Financial Statements
Year Ended 30 November 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Mansion House, 19 Kingfield Road, Sheffield, S11 9AS.
2. Statement of compliance
These abridged 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. The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The company has the financial support of fellow group companies and the directors. Therefore, the directors considers it appropriate to prepare the financial statements on a going concern basis.
Consolidation
The company has taken advantage of the option not to prepare consolidated abridged financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Motor vehicles
-
25% reducing balance
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Finance leases and hire purchase contracts
Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2023: 2 ).
5. Tangible assets
£
Cost
At 1 December 2023
68,660
Additions
35,230
---------
At 30 November 2024
103,890
---------
Depreciation
At 1 December 2023
Charge for the year
17,165
---------
At 30 November 2024
17,165
---------
Carrying amount
At 30 November 2024
86,725
---------
At 30 November 2023
68,660
---------
6. Investments
£
Cost
At 1 December 2023 and 30 November 2024
537,704
---------
Impairment
At 1 December 2023 and 30 November 2024
---------
Carrying amount
At 30 November 2024
537,704
---------
At 30 November 2023
537,704
---------
7. Called up share capital
Issued, called up and fully paid
2024
2023
No.
£
No.
£
Ordinary shares of £ 1 each
106
106
106
106
----
----
----
----
8. Directors' advances, credits and guarantees
Interest free loans were made to directors in the year as follows:
Advances Repayments At 30 Nov 2024
£ £ £
Directors loan account 296,022 (158,500) 137,522
9. Related party transactions
During the year the company received made loans to related parties. The balances outstanding due from related parties at 30 November 2024 are as follows:
20242023
££
Amounts owed to group undertakings236
The loans are interest free and repayable on demand.