RPU GROUP Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 00667842

RPU GROUP Limited

Filleted Unaudited Financial Statements

31 March 2026

RPU GROUP Limited

Statement of Financial Position

31 March 2026

	2026	2025
Note	£	£

Fixed assets

Tangible assets	5	23,890,000	18,375,000
Investments	6	100	100
		------------	------------
		23,890,100	18,375,100

Current assets

Debtors	7	343,697	1,524,407
Cash at bank and in hand		2,189,106	791,103
		-----------	-----------
		2,532,803	2,315,510

Creditors: amounts falling due within one year	8	1,178,590	532,595
		-----------	-----------
Net current assets		1,354,213	1,782,915
		------------	------------
Total assets less current liabilities		25,244,313	20,158,015

Creditors: amounts falling due after more than one year	9	16,847,749	9,025,796

Provisions	( 149,000)	–
	------------	------------
Net assets	8,545,564	11,132,219
	------------	------------

Capital and reserves

Called up share capital	171,500	171,500
Capital redemption reserve	150,000	150,000
Profit and loss account	8,224,064	10,810,719
	-----------	------------
Shareholders funds	8,545,564	11,132,219
	-----------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 31 March 2026 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 year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

RPU GROUP Limited

Statement of Financial Position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 12 May 2026 , and are signed on behalf of the board by:

A D Upton

Director

Company registration number: 00667842

RPU GROUP Limited

Notes to the Financial Statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Norfolk House, 90 Grey Street, Newcastle Upon Tyne, NE1 6BZ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity, rounded to the nearest £1.

Revenue recognition

Turnover represents the income (excluding VAT) derived from the rental and management of properties. Rental income is recognised on a straight line basis over the term of the lease. Other income representing service charge and insurance is recognised on a receivable basis.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Investments in associates

Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 4 (2025: 4 ).

5. Tangible assets

	Investment property
	£
Cost or valuation
At 1 April 2025	18,375,000
Additions	5,998,206
Revaluations	( 483,206)
	------------
At 31 March 2026	23,890,000
	------------
Depreciation
At 1 April 2025 and 31 March 2026	–
	------------
Carrying amount
At 31 March 2026	23,890,000
	------------
At 31 March 2025	18,375,000
	------------

Investment properties were valued by the directors at 31 March 2026 at an open market valuation based on an independent valuation.

6. Investments

	Shares in participating interests
	£
Cost
At 1 April 2025 and 31 March 2026	250,000
	---------
Impairment
At 1 April 2025 and 31 March 2026	249,900
	---------

Carrying amount
At 31 March 2026	100
	---------
At 31 March 2025	100
	---------

7. Debtors

	2026	2025
	£	£
Trade debtors	35,713	87,911
Other debtors	307,984	1,436,496
	---------	-----------
	343,697	1,524,407
	---------	-----------

8. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	64,173	54,518
Social security and other taxes	75,707	73,763
Other creditors	1,038,710	404,314
	-----------	---------
	1,178,590	532,595
	-----------	---------

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

	2026	2025
	£	£
Bank loans and overdrafts	13,000,000	8,457,754
Other creditors	3,847,749	568,042
	------------	-----------
	16,847,749	9,025,796
	------------	-----------

Bank loans totalling £13,000,000 (2025: £8,457,754) are secured by a charge over the company's investment properties.

10. Other financial commitments

The company's assets have been provided as security under a cross guarantee in respect of commitments not included on the balance sheet.