R B Management Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in Other.

The address of its registered office is:
12 Royal Avenue
Preston
Lancs
PR2 9XP
United Kingdom

These financial statements were authorised for issue by the Board on 16 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

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" Section 1A for small entities and the Companies Act 2006.

Basis of preparation

The accounts have been under the historical cost convention and in accordance with FRS 102, The Financila Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard.

The company's presentational currency is pounds sterling.

Revenue recognition

The company recognises revenuw when the amount of revenue can be reliably measures, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

R B Management Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024 (continued)

2	Accounting policies (continued)

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Computer equipment	15% reducing balance

Investments

Listed investments represent shares held on regulated investment markets and which are measured at fair value, with changes in fair value included in the profit and loss account. Unlisted investmentts are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

R B Management Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024 (continued)

2	Accounting policies (continued)

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Financial instruments

Classification
The Company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Company’s statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and liability simultaneously.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. As equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
 

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

R B Management Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024 (continued)

4	Tangible assets

	Fixtures and fittings  £	Total £
Cost or valuation
At 1 January 2024	2,692	2,692
At 31 December 2024	2,692	2,692
Depreciation
At 1 January 2024	2,038	2,038
Charge for the year	98	98
At 31 December 2024	2,136	2,136
Carrying amount
At 31 December 2024	556	556
At 31 December 2023	654	654

5	Other financial assets (current and non-current)

	2024 £	2023 £
Non-current financial assets
Financial assets at fair value through profit and loss	521,402	513,076

R B Management Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024 (continued)

5	Other financial assets (current and non-current) (continued)

	Financial assets at fair value through profit and loss £	Total £
Non-current financial assets
Cost or valuation
At 1 January 2024	513,076	513,076
Fair value adjustments	87,308	87,308
Additions	1,074,216	1,074,216
Disposals	(1,153,198)	(1,153,198)
At 31 December 2024	521,402	521,402
Carrying amount
At 31 December 2024	521,402	521,402

6

Debtors

Current	2024 £	2023 £
Other debtors	-	22,661
	-	22,661

7

Creditors

Creditors: amounts falling due within one year

	2024 £	2023 £
Other taxation and social security	7,367	-
Other payables	2,907	-
Accruals	1,800	1,080
	12,074	1,080

R B Management Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024 (continued)

8	Related party transactions

Loans to related parties

2024	Key management £
At start of period	21,779
Advances and repayments	(22,406)
Interest at 2.25%	627
At end of period	-

2023	Key management £
Advances and repayments	21,779
At end of period	21,779

Terms of loans to related parties

Loans owed by key management are repayable on demand.