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REGISTERED NUMBER: 11471643 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 31 March 2025

for

R and B Finance Limited

R and B Finance Limited (Registered number: 11471643)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


R and B Finance Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: R A Smith
Mrs B M Smith
S Howe
C J Simpson





REGISTERED OFFICE: 88 Meeting House Lane
Balsall Common
Coventry
West Midlands
CV7 8GE





REGISTERED NUMBER: 11471643 (England and Wales)





ACCOUNTANTS: Bates Weston LLP
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ

R and B Finance Limited (Registered number: 11471643)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 498 1,068

CURRENT ASSETS
Debtors 5 54,360,942 53,425,154
Cash at bank 5,998,196 6,493,909
60,359,138 59,919,063
CREDITORS
Amounts falling due within one year 6 186,554 1,352,433
NET CURRENT ASSETS 60,172,584 58,566,630
TOTAL ASSETS LESS CURRENT
LIABILITIES

60,173,082

58,567,698

CAPITAL AND RESERVES
Called up share capital 53,740,534 53,740,534
Retained earnings 6,432,548 4,827,164
60,173,082 58,567,698

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 August 2025 and were signed on its behalf by:





R A Smith - Director


R and B Finance Limited (Registered number: 11471643)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

R and B Finance Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is made up of interest income on loans, arrangement fees and interest income on treasury deposits. Turnover is recognised in the period in which it becomes due to the company.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2024
and 31 March 2025 5,105
DEPRECIATION
At 1 April 2024 4,037
Charge for year 570
At 31 March 2025 4,607
NET BOOK VALUE
At 31 March 2025 498
At 31 March 2024 1,068

5. DEBTORS
2025 2024
£    £   
Amounts falling due within one year:
Loans 18,843,253 4,994,487
Directors' current accounts 1,321 8,162
Prepayments 221 253
18,844,795 5,002,902

R and B Finance Limited (Registered number: 11471643)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

5. DEBTORS - continued
2025 2024
£    £   
Amounts falling due after more than one year:
Loans 35,516,147 48,422,252

Aggregate amounts 54,360,942 53,425,154

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 6,456 2,460
Tax 162,602 887,450
Social security and other taxes 8,676 9,030
R and B Investments (2012) Limited - 450,433
Other creditors 5,520 600
Accrued expenses 3,300 2,460
186,554 1,352,433