Company No: 08452699 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Brian Dennis Clark
	Sandra Elizabeth Clark
	David Michael Knighton
	Kerry Marie Knighton
	Joshua Parker-Bishop

REGISTERED OFFICE	Eagle House
	28 Billing Road
	Northampton
	NN1 5AJ
	United Kingdom

COMPANY NUMBER

08452699 (England and Wales)

ACCOUNTANT	Shaw Gibbs Limited
	Eagle House
	28 Billing Road
	Northampton
	NN1 5AJ

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	5	27,302		49,415
		27,302		49,415
Current assets
Stocks	6	1,110,345		772,300
Debtors	7	600,834		561,137
Cash at bank and in hand	8	423,468		519,036
		2,134,647		1,852,473
Creditors: amounts falling due within one year	9	( 423,619)		( 428,848)
Net current assets		1,711,028		1,423,625
Total assets less current liabilities		1,738,330		1,473,040
Creditors: amounts falling due after more than one year	10	( 7,860)		( 23,580)
Provision for liabilities	11, 12	( 6,826)		( 12,354)
Net assets		1,723,644		1,437,106
Capital and reserves
Called-up share capital	13	60		60
Capital redemption reserve		30		30
Profit and loss account		1,723,554		1,437,016
Total shareholders' funds		1,723,644		1,437,106

For the financial year ending 31 March 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 financial statements for the financial year in accordance with section 476;
• The directors acknowledge 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 RGS Technical & Engineering Services Limited (registered number: 08452699) were approved and authorised for issue by the Board of Directors on 04 December 2025. They were signed on its behalf by:

David Michael Knighton 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

RGS Technical & Engineering Services 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 Eagle House, 28 Billing Road, Northampton, NN1 5AJ, 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 £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

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 is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

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 is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

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

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

Plant and machinery	4 years straight line
Vehicles	4 years straight line
Computer equipment	3 years straight line

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

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.

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 Profit and Loss Account 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.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Financial instruments

Cash and cash equivalents in the balance sheet comprise cash at banks and in hand and short term deposits with an original maturity date of three months or less.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the statement of comprehensive income under administrative expenses.

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 entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

2. Critical accounting judgements and key sources of estimation uncertainty

The preparation of financial statements requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the company accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements are disclosed within the individual accounting policies above.

3. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	4		4

4. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 April 2024	22,316		22,316
At 31 March 2025	22,316		22,316
Accumulated amortisation
At 01 April 2024	22,316		22,316
At 31 March 2025	22,316		22,316
Net book value
At 31 March 2025	0		0
At 31 March 2024	0		0

5. Tangible assets

	Plant and machinery		Vehicles		Computer equipment		Total
	£		£		£		£
Cost
At 01 April 2024	14,220		63,546		29,110		106,876
Disposals	0		( 16,995)		0		( 16,995)
At 31 March 2025	14,220		46,551		29,110		89,881
Accumulated depreciation
At 01 April 2024	8,441		23,676		25,344		57,461
Charge for the financial year	3,555		14,824		1,964		20,343
Disposals	0		( 15,225)		0		( 15,225)
At 31 March 2025	11,996		23,275		27,308		62,579
Net book value
At 31 March 2025	2,224		23,276		1,802		27,302
At 31 March 2024	5,779		39,870		3,766		49,415

6. Stocks

	2025		2024
	£		£
Stocks	1,110,345		772,300

7. Debtors

	2025		2024
	£		£
Trade debtors	269,446		271,633
Other debtors	331,388		289,504
	600,834		561,137

8. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	423,468		519,036
Less: Bank overdrafts	0		( 38,658)
	423,468		480,378

9. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank overdrafts	0		38,658
Trade creditors	179,788		148,797
Accruals	17,677		28,126
Corporation tax	198,374		188,131
Other taxation and social security	2,307		2,300
Obligations under finance leases and hire purchase contracts	15,720		15,720
Other creditors	9,753		7,116
	423,619		428,848

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

	2025		2024
	£		£
Obligations under finance leases and hire purchase contracts (secured)	7,860		23,580

The hire purchase contracts are secured on the related assets.

11. Provision for liabilities

	2025		2024
	£		£
Deferred tax	6,826		12,354

12. Deferred tax

	2025		2024
	£		£
At the beginning of financial year	( 12,354)		( 4,774)
Credited/(charged) to the Profit and Loss Account	5,528		( 7,580)
At the end of financial year	( 6,826)		( 12,354)

13. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
60 Ordinary shares of £ 1.00 each	60		60