REGISTERED NUMBER: 02226246 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

Rushserve Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs R Richardson

REGISTERED OFFICE:

Oriel House

2 - 8 Oriel Road

Bootle

Merseyside

L20 7EP

REGISTERED NUMBER:

02226246 (England and Wales)

ACCOUNTANTS:

SB&P

Chartered Accountants

Oriel House

2/8 Oriel Road

Bootle

Merseyside

L20 7EP

BANKERS:

National Westminster Bank plc

146 Widnes Road

Widnes

Cheshire

WA8 6BB

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

58,270

65,040

58,270

65,040

CURRENT ASSETS

Stocks

388,201

368,330

Debtors

6

1,099,882

906,802

Cash at bank and in hand

2,130,997

2,280,259

3,619,080

3,555,391

CREDITORS

Amounts falling due within one year

7

912,399

700,697

NET CURRENT ASSETS

2,706,681

2,854,694

TOTAL ASSETS LESS CURRENT LIABILITIES

2,764,951

2,919,734

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

2,764,851

2,919,634

SHAREHOLDERS' FUNDS

2,764,951

2,919,734

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 her 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 23 September 2025 and were signed by:

Mrs R Richardson - Director

1.	STATUTORY INFORMATION

Rushserve 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 represents the value of goods sold during the period excluding value added tax and trade discounts.Turnover is recognised when goods are physically delivered to the customer.

Where customers pay in advance for goods, the amount is recorded as deferred income until the goods have been delivered.

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.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Patents & licences

The above assets are to be amortised at 10% on a straight line basis in order to write off each asset over its estimated useful life.

Tangible fixed assets

Fixed assets are recognised at historical cost less depreciation. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

- 5% reducing balance

Plant and machinery

- 25% reducing balance

Fixtures and fittings

- 25% reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition.

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 represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

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 14 (2024 - 14 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

and 31 March 2025

94,221

AMORTISATION

At 1 April 2024

and 31 March 2025

94,221

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

135,986

36,563

125,179

297,728

DEPRECIATION

At 1 April 2024

88,789

29,754

114,145

232,688

Charge for year

2,310

1,702

2,758

6,770

At 31 March 2025

91,099

31,456

116,903

239,458

NET BOOK VALUE

At 31 March 2025

44,887

5,107

8,276

58,270

At 31 March 2024

47,197

6,809

11,034

65,040

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

824,229

624,596

Other debtors

117,835

157,205

VAT

149,896

115,201

Prepayments and accrued income

7,922

9,800

1,099,882

906,802

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

434,223

455,027

Tax

228,745

174,549

Social security and other taxes

21,415

21,049

Pension control

21,184

1,357

Other creditors

86,196

4,018

Directors' current accounts

79,781

26,653

Accrued expenses

40,855

18,044

912,399

700,697

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1

100

100