REGISTERED NUMBER: 10562807 (England and Wales)

RSB INVESTMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

31 JANUARY 2024 TO 29 JANUARY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Bakshi

Mrs R S Bakshi

REGISTERED OFFICE:

Churchgate House

3 Church Road

Whitchurch

Cardiff

SOUTH GLAMORGAN

CF14 2DX

REGISTERED NUMBER:

10562807 (England and Wales)

FIXED ASSETS

Investment property

4

250,000

250,000

CURRENT ASSETS

Debtors

5

136,490

134,690

Cash at bank

1,443

2,791

137,933

137,481

CREDITORS

Amounts falling due within one year

6

321,881

264,151

NET CURRENT LIABILITIES

(183,948

)

(126,670

)

TOTAL ASSETS LESS CURRENT LIABILITIES

66,052

123,330

CREDITORS

Amounts falling due after more than one year

7

(39,771

)

(89,771

)

PROVISIONS FOR LIABILITIES

10

(15,979

)

(15,979

)

NET ASSETS

10,302

17,580

CAPITAL AND RESERVES

Called up share capital

11

100

100

Fair value reserve

12

68,122

68,122

Retained earnings

12

(57,920

)

(50,642

)

SHAREHOLDERS' FUNDS

10,302

17,580

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 January 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 January 2026 and were signed on its behalf by:

S Bakshi - Director

1.	STATUTORY INFORMATION

RSB Investments 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.

Going concern

The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future. In making their assessment, the directors have reviewed the balance sheet, the likely future cashflows of the business and has considered the facilities that are available to the company along with their continued support.

The directors have considered the ongoing impact of Covid-19 on the operations of the entity and the entity's ability to continue as a going concern. The directors have and continue to take a number of actions to financially safeguard the company and minimise the effects of the Covid 19.

At the date of approving the financial statements the Directors have reasonable expectations that the company has adequate resources to continue in operational existence for the foreseeable future and that the going concern basis of accounting remains appropriate. The directors continue to adopt the going concern basis of accounting in preparing the financial statements

Significant judgements and estimates

In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

Investment properties - The fair value of investment properties involved the use of professional valuation techniques, which are reviewed annually by management. Where factors that could impact the fair value are identified, appropriate adjustments are made through the income statement

Investment property

Investment properties are held to generate rental income and capital appreciation. Investment properties are initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Investment properties are subsequently remeasured at fair value. An assessment of investment property fair value is performed annually. Any changes in fair value are recognised in the income statement.

Deferred tax is recognised on any fair value changes at the rate that would apply to the sale of the investment property, unless the property has a limited useful life and is held as part of a business model to consume all of the economic benefits associated with it.

Taxation

Taxation for the period 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 period 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.

Other income

Rendering of services

Turnover is recognised at the fair value of the consideration received or receivable for the services provided to the customer during the normal course of business. Turnover is recognised at the point when all benefits of the services provided are transferred to the customer.

Rental Income

Turnover is recognised at the fair value of rent received or receivable in the normal course of business. Rental income is recognised in the period which it relates.

Financial instruments

The company has elected to apply the provisions of Section 11 "Basic Financial Instruments".

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. Financial assets are liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other debtors, loans to related companies and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the financial asset is measured at the present value of the future receipts discounted at a market rate of interest.

Basic financial liabilities

Basic financial liabilities, including trade and other creditors, loans to related companies and bank loans are initially recognised at transaction price unless the arrangement constitutes a financial transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

Cash & Cash equivalents

Cash and cash equivalents are basic financial instruments and include cash in hand and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2024 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

COST

At 31 January 2024

and 29 January 2025

250,000

NET BOOK VALUE

At 29 January 2025

250,000

At 30 January 2024

250,000

The property is initially recognised at cost which is deemed to be its fair value. The property value is reviewed on an annual basis and subsequently remeasured by the directors with reference to a rental yield calculation to determine its fair value.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Connected company loan

136,490

134,690

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Tax

28

28

Directors' loan accounts

7,953

50,223

Other Loans

313,900

213,900

321,881

264,151

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 8)

39,771

89,771

8.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due between two and five years:

Bank loans - 2-5 years

39,771

89,771

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

39,771

89,771

The bank loan is secured by a fixed charge on the investment property held in the company.

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

15,979

15,979

Deferred

tax

£

Balance at 31 January 2024

15,979

Balance at 29 January 2025

15,979

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

50

Class A

£1.00

50

50

50

Class B

£1.00

50

50

100

100

12.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 31 January 2024

(50,642

)

68,122

17,480

Deficit for the period

(7,278

)

(7,278

)

At 29 January 2025

(57,920

)

68,122

10,202

13.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 29 January 2025 £7,953 (2024:£50,223) was owed to the directors and this balance is included within creditors falling due within one year.

Amounts advanced by the directors are on an interest free basis and repayable on demand.

14.	RELATED PARTY DISCLOSURES

As at 29 January 2025 an amount of £136,490 was owed to the company by R S Bakshi Limited (2024:£134,690) a company under common control. All amounts due from the company are interest free and considered repayable on demand.

15.	ULTIMATE CONTROLLING PARTY