Company No: 11727310 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2024		2023
		£		£
Fixed assets
Tangible assets	3	249,241		129,249
Investments	4	17,322		17,322
		266,563		146,571
Current assets
Debtors	5	11,145,794		10,971,628
Investments	6	325,000		0
Cash at bank and in hand	7	24,559,739		20,858,636
		36,030,533		31,830,264
Creditors: amounts falling due within one year	8	( 4,033,123)		( 303,693)
Net current assets		31,997,410		31,526,571
Total assets less current liabilities		32,263,973		31,673,142
Net assets		32,263,973		31,673,142
Capital and reserves
Called-up share capital	9	201		201
Profit and loss account		32,263,772		31,672,941
Total shareholder's funds		32,263,973		31,673,142

For the financial year ending 30 September 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of R.B.S Hampshire Limited (registered number: 11727310) were approved and authorised for issue by the Director on 23 September 2025. They were signed on its behalf by:

R A Barney-Smith Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

R.B.S Hampshire Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 264 Banbury Road, Oxford, OX2 7DY, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover represents investment income as detailed below.

Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

Dividend income

Dividend income from investments is recognised when the shareholders' rights to receive payment have been established (provided that it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably).

Taxation

Current tax
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement 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 arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that
are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets
and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Vehicles

15 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is credited or charged to profit or loss.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Tangible assets

	Vehicles		Total
	£		£
Cost
At 01 October 2023	139,729		139,729
Additions	156,819		156,819
At 30 September 2024	296,548		296,548
Accumulated depreciation
At 01 October 2023	10,480		10,480
Charge for the financial year	36,827		36,827
At 30 September 2024	47,307		47,307
Net book value
At 30 September 2024	249,241		249,241
At 30 September 2023	129,249		129,249

4. Fixed asset investments

Investments in subsidiaries

	2024
	£
Cost
At 01 October 2023	17,322
Additions	2
Disposals	( 2)
At 30 September 2024	17,322
Carrying value at 30 September 2024	17,322
Carrying value at 30 September 2023	17,322

5. Debtors

	2024		2023
	£		£
Amounts owed by Group undertakings	11,100,044		10,587,993
Amounts owed by director	0		254,832
Deferred tax asset	16,497		0
Other debtors	29,253		128,803
	11,145,794		10,971,628

6. Current asset investments

	2024		2023
	£		£
Other investments – at cost less impairment	325,000		325,000

7. Cash and cash equivalents

	2024		2023
	£		£
Cash at bank and in hand	24,559,739		20,858,636

8. Creditors: amounts falling due within one year

	2024		2023
	£		£
Trade creditors	195,552		271,068
Amounts owed to Group undertakings	4		2
Taxation and social security	210,703		6,402
Other creditors	3,626,864		26,221
	4,033,123		303,693

9. Called-up share capital

	2024		2023
	£		£
Allotted, called-up and fully-paid
201 Ordinary shares of £ 1.00 each	201		201

10. Related party transactions

Transactions with entities in which the entity itself has a participating interest

	2024		2023
	£		£
Amounts owed to the Company relating to amounts paid on behalf of joint ventures, associates and other entities in which the Company has a participating interest	11,100,044		10,587,993
Amounts by to the Company to joint ventures, associates and other entities in which the Company has a participating interest	4		2

Transactions with the entity's director

	2024		2023
	£		£
Director's current account	(3,620,362)		254,834

Interest was charged in the year at a rate of 2.25% on any overdrawn balance amounting to £472.