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Registrar

Registration number: 03065050

RGP Solutions Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 April 2025

RGP Solutions Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 8

RGP Solutions Limited

Company Information

Directors | RB Guthrie J S Guthrie GW Pratt FA Pratt

Company secretary | GW Pratt

Registered office | 10 Redhills Road South Woodham Ferrers Chelmsford Essex CM3 5UP

Accountants | Lambert Chapman LLP Chartered Accountants3 Warners Mill Silks Way Braintree Essex CM7 3GB

RGP Solutions Limited

(Registration number: 03065050)
Balance Sheet as at 30 April 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 5 | 90,047 | 95,404
Current assets |  |  |
Stocks | 6 | 5,500 | 5,750
Debtors | 7 | 142,704 | 139,639
Cash at bank and in hand |  | 78,200 | 130,984
|  | 226,404 | 276,373
Creditors: Amounts falling due within one year | 8 | (121,512) | (136,329)
Net current assets |  | 104,892 | 140,044
Total assets less current liabilities |  | 194,939 | 235,448
Creditors: Amounts falling due after more than one year | 8 | (15,238) | (17,054)
Provisions for liabilities |  | (22,512) | (23,851)
Net assets |  | 157,189 | 194,543
Capital and reserves |  |  |
Called up share capital | 10 | 100 | 100
Retained earnings |  | 157,089 | 194,443
Shareholders' funds |  | 157,189 | 194,543

For the financial year ended 30 April 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 15 January 2026 and signed on its behalf by:

RB Guthrie
Director

GW Pratt
Company secretary and director

RGP Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

1 | General information

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

The address of its registered office is: 10 Redhills Road, South Woodham Ferrers, Chelmsford, Essex, CM3 5UP.

These financial statements were authorised for issue by the Board on 15 January 2026.

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 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 financial statements have been prepared using the historical cost convention.
These financial statements are presented in Sterling (£), which is the company's functional currency.

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 water treatment equipment has been provided and serviced and is ready for use by the customer.

Tax

Current Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation.

RGP Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Office equipment | 25% reducing balance method
Motor vehicles | 25% reducing balance method

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 | Straight line basis over 10 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

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

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors 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.

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.
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity.

RGP Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

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 7 (2024 - 7).

RGP Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 May 2024 | 16,000 | 16,000
Disposals | (16,000) | (16,000)
At 30 April 2025 | - | -
Amortisation
At 1 May 2024 | 16,000 | 16,000
Amortisation eliminated on disposals | (16,000) | (16,000)
At 30 April 2025 | - | -
Carrying amount
At 30 April 2025 | - | -

5 | Tangible assets

| Office equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 May 2024 | 59,267 | 151,989 | 211,256
Additions | - | 31,702 | 31,702
Disposals | - | (26,213) | (26,213)
At 30 April 2025 | 59,267 | 157,478 | 216,745
Depreciation
At 1 May 2024 | 51,297 | 64,554 | 115,851
Charge for the year | 1,992 | 21,492 | 23,484
Eliminated on disposal | - | (12,637) | (12,637)
At 30 April 2025 | 53,289 | 73,409 | 126,698
Carrying amount
At 30 April 2025 | 5,978 | 84,069 | 90,047
At 30 April 2024 | 7,970 | 87,434 | 95,404

RGP Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

6 | Stocks

| 2025 £ | 2024 £
Stock | 5,500 | 5,750

7 | Debtors

| 2025 £ | 2024 £
Trade debtors | 124,267 | 121,739
Other debtors | 15,935 | 15,934
Prepayments | 2,502 | 1,966
| 142,704 | 139,639

8 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 9 | 20,530 | 24,946
Trade creditors |  | 24,388 | 24,121
Taxation and social security |  | 62,125 | 83,762
Other creditors |  | 4,267 | 540
Accruals and deferred income |  | 10,202 | 2,960
|  | 121,512 | 136,329

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £20,530 (2024 - £24,946).

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 9 | 15,238 | 17,054

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £15,238 (2024 - £17,054).

RGP Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

9 | Loans and borrowings

Current loans and borrowings

| 2025 £ | 2024 £
Hire purchase contracts | 20,530 | 24,946

Non-current loans and borrowings

| 2025 £ | 2024 £
Hire purchase contracts | 15,238 | 17,054

10 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 100 | 100 | 100 | 100

11 | Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £8,095 (2024 - £16,926).