For the financial year ended 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year in question 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.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

R S Car Sales Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is 100 Barbirolli Square, Manchester, England, M2 3BD. The principle place of business is Zan Industrial Estate, Crewe Road, Wheelock, Sandbach, Cheshire, CW11 4QD.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of investment properties at fair value. The principal accounting policies adopted are set out below.

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

At the balance sheet date the company had negative reserves. The directors consider that the company will continue in operational existence for the foreseeable future, having regard to the ongoing financial support available from the directors and from a company under common control.

On this basis, the directors consider it appropriate to prepare the financial statements on a going concern basis.

Turnover is measured at the fair value of consideration received or receivable for rental income received properties, excluding discounts, rebates, value added tax and other sales taxes.

Turnover from a contract to provide services is recognised in the period in which the services are provided.

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Trade and other creditors

Trade and other creditors are initially recognised fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

The average monthly number of persons (including directors) employed by the company during the year was:

As at 31st July 2025, the directors deem the valuation of investment property to be a fair reflection of its market value.

The bank loan represents a mortgage that is secured by a legal charge over the company’s freehold property.

The company has granted a charge over its assets as security for a bank loan advanced to a company under common control.

During the year the company received income of £100,922 (2024: £49,539) from a company under common control.

Within Other creditors is an interest free loan from an entity under common control amounting to £605,065 (2024: £549,648).

The ultimate controlling parties are R Anderson and T Cheung by virtue of their majority shareholding in the business.