Company No: 01206657 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	4	486,593		439,431
		486,593		439,431
Current assets
Stocks	5	220,446		329,296
Debtors	6	3,006,175		2,769,760
Cash at bank and in hand		22,756		157,228
		3,249,377		3,256,284
Creditors: amounts falling due within one year	7	( 2,052,794)		( 1,837,161)
Net current assets		1,196,583		1,419,123
Total assets less current liabilities		1,683,176		1,858,554
Creditors: amounts falling due after more than one year	8	( 404,161)		( 501,584)
Provision for liabilities		( 104,453)		( 92,199)
Net assets		1,174,562		1,264,771
Capital and reserves
Called-up share capital		2,000		2,000
Profit and loss account		1,172,562		1,262,771
Total shareholder's funds		1,174,562		1,264,771

For the financial year ending 31 January 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements of RDS (MME) Ltd. (registered number: 01206657) were approved and authorised for issue by the Director on 29 October 2025. They were signed on its behalf by:

K Mellor 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

RDS (MME) Ltd. (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 14 Airfield Road, Christchurch, BH23 3TG, 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 £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer. Revenue from services is recognised as they are delivered.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at 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 tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill	5 years straight line
Website costs	3 years straight line

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, reducing balance] basis over its expected useful life, as follows:

Leasehold improvements	depreciated over the life of the lease
Plant and machinery	20 % reducing balance
Vehicles	4 years straight line

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.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

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

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	18		17

3. Intangible assets

	Goodwill		Website costs		Total
	£		£		£
Cost
At 01 February 2024	82,137		13,176		95,313
At 31 January 2025	82,137		13,176		95,313
Accumulated amortisation
At 01 February 2024	82,137		13,176		95,313
At 31 January 2025	82,137		13,176		95,313
Net book value
At 31 January 2025	0		0		0
At 31 January 2024	0		0		0

4. Tangible assets

	Leasehold improve- ments		Plant and machinery		Vehicles		Total
	£		£		£		£
Cost
At 01 February 2024	70,432		593,418		155,408		819,258
Additions	73,283		90,000		44,894		208,177
Disposals	0		0		( 69,300)		( 69,300)
At 31 January 2025	143,715		683,418		131,002		958,135
Accumulated depreciation
At 01 February 2024	11,570		269,317		98,940		379,827
Charge for the financial year	10,040		106,936		42,307		159,283
Disposals	0		0		( 67,568)		( 67,568)
At 31 January 2025	21,610		376,253		73,679		471,542
Net book value
At 31 January 2025	122,105		307,165		57,323		486,593
At 31 January 2024	58,862		324,101		56,468		439,431

5. Stocks

	2025		2024
	£		£
Stocks	220,446		329,296

6. Debtors

	2025		2024
	£		£
Trade debtors	463,150		468,702
Amounts owed by Group undertakings	1,709,035		1,715,372
Amounts owed by related parties	317,990		0
Other debtors	516,000		585,686
	3,006,175		2,769,760

7. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	101,310		47,500
Trade creditors	160,708		318,550
Amounts owed to Group undertakings	106,180		0
Amounts owed to connected companies	189,491		151,591
Amounts owed to related parties	357,098		0
Taxation and social security	337,947		304,780
Obligations under finance leases and hire purchase contracts (secured)	152,461		136,203
Other creditors	647,599		878,537
	2,052,794		1,837,161

8. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	54,042		102,292
Obligations under finance leases and hire purchase contracts (secured)	175,087		206,823
Other creditors	175,032		192,469
	404,161		501,584

9. Ultimate controlling party

Parent Company:

MME Holdings Ltd