Company registration number 01676417 (England and Wales)
RCS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
RCS LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 7
RCS LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
468,377
514,652
Investment property
4
3,400,000
3,400,000
Investments
5
50,001
50,076
3,918,378
3,964,728
Current assets
Debtors
6
980,708
889,177
Cash at bank and in hand
51,656
44,477
1,032,364
933,654
Creditors: amounts falling due within one year
7
(144,468)
(187,052)
Net current assets
887,896
746,602
Total assets less current liabilities
4,806,274
4,711,330
Creditors: amounts falling due after more than one year
8
-
0
(340,971)
Provisions for liabilities
(425,400)
(434,333)
Net assets
4,380,874
3,936,026
Capital and reserves
Called up share capital
60,000
60,000
Share premium account
300,456
300,456
Revaluation reserve
9
986,548
986,548
Capital redemption reserve
7,367
7,367
Profit and loss reserves
3,026,503
2,581,655
Total equity
4,380,874
3,936,026
RCS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2025
31 December 2025
- 2 -

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

T he 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

The financial statements were approved by the board of directors and authorised for issue on 23 February 2026 and are signed on its behalf by:
M J Todd
Director
Company registration number 01676417 (England and Wales)
RCS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 3 -
1
Accounting policies
Company information

RCS Limited is a private company limited by shares incorporated in England and Wales. The registered office is Randall Park Way, Retford, Nottinghamshire, United Kingdom, DN22 7WF.

1.1
Basis of preparation

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 a mounts 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 and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

1.2
Turnover

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
7% / 25% on reducing balance basis or straight line over 3 / 5 / 10 years
Motor vehicles
25% on reducing balance basis

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.

1.4
Investment property

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 a t the reporting end date. Changes in fair value are recognised in profit or loss.

1.5
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

RCS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 4 -

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

1.6
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.8
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Employees

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

2025
2024
Number
Number
Total
6
7
RCS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 5 -
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2025
1,174,196
Additions
11,232
Disposals
(9,921)
At 31 December 2025
1,175,507
Depreciation and impairment
At 1 January 2025
659,544
Depreciation charged in the year
57,507
Eliminated in respect of disposals
(9,921)
At 31 December 2025
707,130
Carrying amount
At 31 December 2025
468,377
At 31 December 2024
514,652
4
Investment property
2025
£
Fair value
At 1 January 2025 and 31 December 2025
3,400,000

The fair value of the investment property has been arrived at on the basis of a valuation carried out by the directors. On 29 November 2022 there was a valuation report issued by Musson Liggins Chartered Surveyors, who are not connected with the company providing a valuation at that time of £3.2m. The valuation was made on an open market value basis..

5
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
50,001
50,076

The subsidiary undertakings of the company are Snap Ltd and Twoprint Ltd. Both of these companies are 100% owned and have the registered address of : Randall Business Centre, Randall Park Way, Retford, Nottinghamshire, DN22 7WF.

A S Supplies (Retford) Ltd which was 75% owned is in administration at the year end.

RCS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
5
Fixed asset investments
(Continued)
- 6 -
Movements in fixed asset investments
Shares in subsidiaries
£
Cost or valuation
At 1 January 2025
50,076
Disposals
(75)
At 31 December 2025
50,001
Carrying amount
At 31 December 2025
50,001
At 31 December 2024
50,076
6
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
5,672
1,975
Amounts owed by group undertakings
642,275
10,604
Other debtors
138,985
598,272
786,932
610,851
2025
2024
Amounts falling due after more than one year:
£
£
Amounts owed by group undertakings
-
0
84,954
Other debtors
193,776
193,372
193,776
278,326
Total debtors
980,708
889,177
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
5,000
10,000
Trade creditors
68,656
74,131
Taxation and social security
45,246
32,208
Other creditors
25,566
70,713
144,468
187,052
RCS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 7 -
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
-
0
5,000
Other creditors
-
0
335,971
-
0
340,971
9
Revaluation reserve
2025
2024
£
£
At the beginning and end of the year
986,548
986,548
10
Related party transactions
Transactions with related parties

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

AS Supplies (Retford Ltd)

Subsidiary (not wholly owned)

At the balance sheet date the company was owed £106,004 (2024: £84,954). This was by way of a loan and had fixed repayment terms.

As the subsidiary was in administration at the year end date a provision to write off the full loan amount has been made.

11
Ultimate controlling party

The company was controlled throughout the current and previous year by it's directors, M J Todd and C E Todd, by virtue of their combined majority holding in its ordinary share capital.

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