RG Group Ltd - Filleted accounts

Registered number

11436560

RG Group Ltd

Filleted Unaudited Financial Statements

31 December 2024

RG Group Ltd
Registered number:		11436560
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Investments	3		180			180

Current assets
Debtors	4	10,651,573			10,501,572
Cash at bank and in hand		586,730			36,853
		11,238,303			10,538,425


Net current assets			11,238,303			10,538,425

Net assets			11,238,483			10,538,605

Capital and reserves
Called up share capital			1			1
Profit and loss account			11,238,482			10,538,604

Shareholders' funds			11,238,483			10,538,605

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.




J Norris
Director
Approved by the board on 29 September 2025

RG Group Ltd
Notes to the Accounts
for the year ended 31 December 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). The financial statements contain information about RG Group Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements. The presentation currency of the financial statements is the Pound Sterling (£).

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments 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. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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. Current and deferred tax assets and liabilities are not discounted.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Going Concern
	The Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.


2	Employees	2024		2023
Number			Number

	Average number of persons employed by the company	0		0


3	Investments
Investments in
subsidiary
undertakings
£
	Cost
	At 1 January 2024			180

	At 31 December 2024			180

	Historical cost
	At 1 January 2024			180
	At 31 December 2024			180



4	Debtors	2024		2023
£			£

	Amounts owed by group undertakings	8,900,716		8,670,089
	Other debtors	1,750,857		1,831,483
		10,651,573		10,501,572


5	Related party transactions

	The company has taken advantage of the exemption, available under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.


6	Other information

	RG Group Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	5a Colbeck Mews
	London
	SW7 4LX