REGISTERED NUMBER: 04905344 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

RCR Southport Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R J Handley

SECRETARY:

Mrs C H M Handley

REGISTERED OFFICE:

C/O Satterthwaite Brooks &, Pomfret

Oriel House

2 - 8 Oriel Road

Bootle

Merseyside

L20 7EP

REGISTERED NUMBER:

04905344 (England and Wales)

ACCOUNTANTS:

SB&P

Chartered Accountants

Oriel House

2-8 Oriel Road

Bootle

Liverpool

Merseyside

L20 7EP

BANKERS:

HSBC Bank PLC

197 Stanley Road

Bootle

Liverpool

Merseyside

L20 3DX

FIXED ASSETS

Intangible assets

4

-

5

Tangible assets

5

-

435,639

-

435,644

CURRENT ASSETS

Debtors

6

292,500

10,725

Cash at bank and in hand

31,532

31,750

324,032

42,475

CREDITORS

Amounts falling due within one year

7

23,229

27,154

NET CURRENT ASSETS

300,803

15,321

TOTAL ASSETS LESS CURRENT LIABILITIES

300,803

450,965

CREDITORS

Amounts falling due after more than one year

8

(1,631

)

(9,816

)

PROVISIONS FOR LIABILITIES

-

(445

)

NET ASSETS

299,172

440,704

CAPITAL AND RESERVES

Called up share capital

10

2

2

Retained earnings

299,170

440,702

SHAREHOLDERS' FUNDS

299,172

440,704

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 director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 June 2025 and were signed by:

R J Handley - Director

1.	STATUTORY INFORMATION

RCR Southport Ltd 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Plant and machinery - 25% on reducing balance

Computer equipment - 25% on reducing balance

Fixtures & fittings - 25% on reducing balance

In the view of the director, the freehold property has not been depreciated as the value is more than the present book value.

Government grants

Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Going concern

These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company during this uncertain period.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

54,830

AMORTISATION

At 1 April 2024

54,825

Charge for year

5

At 31 March 2025

54,830

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

5

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

433,292

42,139

5,819

1,132

482,382

Disposals

(433,292

)

(42,139

)

(5,819

)

(1,132

)

(482,382

)

At 31 March 2025

-

-

-

-

-

DEPRECIATION

At 1 April 2024

-

40,413

5,266

1,064

46,743

Eliminated on disposal

-

(40,413

)

(5,266

)

(1,064

)

(46,743

)

At 31 March 2025

-

-

-

-

-

NET BOOK VALUE

At 31 March 2025

-

-

-

-

-

At 31 March 2024

433,292

1,726

553

68

435,639

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

292,500

10,725

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

8,158

8,158

Taxation and social security

9,719

4,815

Other creditors

5,352

14,181

23,229

27,154

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

1,631

9,816

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

9,789

17,974

The bank loan is secured by a fixed and floating charge over all current and future assets of the company.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

2

Ordinary

£1

2

2

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

R J Handley

Balance outstanding at start of year

10,032

11,505

Amounts advanced

8,657

20,527

Amounts repaid

(18,689

)

(22,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

10,032