Registration number: 08735418

RS Sales Nottingham Limited

trading as RS Motorhomes

Directors' Report for the Year Ended 28 February 2025

The directors present their report and the abridged financial statements for the year ended 28 February 2025.

Directors of the company

The directors who held office during the year were as follows:

Mrs Alison Rowe

Mr Michael Rowe

Principal activity

The principal activity of the company is Sale and manufacture of motorhomes

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 29 November 2025 and signed on its behalf by:
 

......................................... Mrs Alison Rowe Director

......................................... Mr Michael Rowe Director

RS Sales Nottingham Limited

trading as RS Motorhomes

(Registration number: 08735418)
Abridged Balance Sheet as at 28 February 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	5	55,095	110,211
Tangible assets	6	409,992	458,303
		465,087	568,514
Current assets
Stocks	7	1,584,773	1,704,498
Debtors	8	(262,047)	24,780
Cash at bank and in hand		141,189	80,541
		1,463,915	1,809,819
Prepayments and accrued income		32,396	11,496
Creditors: Amounts falling due within one year		(1,186,367)	(709,170)
Net current assets		309,944	1,112,145
Total assets less current liabilities		775,031	1,680,659
Creditors: Amounts falling due after more than one year		(433,958)	(924,692)
Accruals and deferred income		(632,324)	(705,459)
Net (liabilities)/assets		(291,251)	50,508
Capital and reserves
Called up share capital	9	10	10
Retained earnings		(291,261)	50,498
Shareholders' (deficit)/funds		(291,251)	50,508

For the financial year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

RS Sales Nottingham Limited

trading as RS Motorhomes

(Registration number: 08735418)
Abridged Balance Sheet as at 28 February 2025

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 29 November 2025 and signed on its behalf by:
 

......................................... Mrs Alison Rowe Director

......................................... Mr Michael Rowe Director

RS Sales Nottingham Limited

trading as RS Motorhomes

Notes to the Unaudited Abridged Financial Statements for the Year Ended 28 February 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Bullhassocks Farm Pelfintax
Westwoodside
Doncaster
South Yorkshire
DN9 2EL

These financial statements were authorised for issue by the Board on 29 November 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

RS Sales Nottingham Limited

trading as RS Motorhomes

Notes to the Unaudited Abridged Financial Statements for the Year Ended 28 February 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% reducing balance
Motor vehicles	25% reducing balance
Office equipment	25% straight line

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	14.3% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

RS Sales Nottingham Limited

trading as RS Motorhomes

Notes to the Unaudited Abridged Financial Statements for the Year Ended 28 February 2025

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

RS Sales Nottingham Limited

trading as RS Motorhomes

Notes to the Unaudited Abridged Financial Statements for the Year Ended 28 February 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 22 (2024 - 20).

4	Loss/profit before tax

Arrived at after charging/(crediting)

	2025 £	2024 £
Depreciation expense	58,003	72,483
Amortisation expense	55,116	55,116

RS Sales Nottingham Limited

trading as RS Motorhomes

Notes to the Unaudited Abridged Financial Statements for the Year Ended 28 February 2025

5	Intangible assets

	Total £
Cost or valuation
At 1 March 2024	387,774
At 28 February 2025	387,774
Amortisation
At 1 March 2024	277,563
Amortisation charge	55,116
At 28 February 2025	332,679
Carrying amount
At 28 February 2025	55,095
At 29 February 2024	110,211

6	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 March 2024	247,087	542,634	60,772	850,493
Additions	-	943	8,750	9,693
At 28 February 2025	247,087	543,577	69,522	860,186
Depreciation
At 1 March 2024	-	343,203	48,987	392,190
Charge for the year	-	52,870	5,134	58,004
At 28 February 2025	-	396,073	54,121	450,194
Carrying amount
At 28 February 2025	247,087	147,504	15,401	409,992
At 29 February 2024	247,087	199,431	11,785	458,303

RS Sales Nottingham Limited

trading as RS Motorhomes

Notes to the Unaudited Abridged Financial Statements for the Year Ended 28 February 2025

Included within the net book value of land and buildings above is £247,087 (2024 - £247,087) in respect of short leasehold land and buildings.
 

7

Stocks

	2025 £	2024 £
Work in progress	522,119	504,424
Other inventories	1,062,654	1,200,074
	1,584,773	1,704,498

8

Debtors

Debtors includes £Nil (2024 - £Nil) due after more than one year.

9	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	10	10	10	10