REGISTERED NUMBER: 07925835 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

RSS Wholesaling Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S B Sirpal

Mrs Rohini Aggarwal

Mrs Sonam Sharma

Miss Simran Sirpal

REGISTERED OFFICE:

274/276 Ladypool Road

Ladywood

Birmingham

West Midlands

B12 8LG

REGISTERED NUMBER:

07925835 (England and Wales)

FIXED ASSETS

Tangible assets

4

10,820

12,005

Investment property

5

2,195,000

2,205,000

2,205,820

2,217,005

CURRENT ASSETS

Debtors

6

89,246

94,246

Cash at bank

5,700

6,596

94,946

100,842

CREDITORS

Amounts falling due within one year

7

236,247

205,416

NET CURRENT LIABILITIES

(141,301

)

(104,574

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,064,519

2,112,431

CREDITORS

Amounts falling due after more than one year

8

(445,296

)

(506,488

)

PROVISIONS FOR LIABILITIES

(118,009

)

(120,805

)

NET ASSETS

1,501,214

1,485,138

CAPITAL AND RESERVES

Called up share capital

142

142

Retained earnings

1,501,072

1,484,996

SHAREHOLDERS' FUNDS

1,501,214

1,485,138

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 12 May 2026 and were signed on its behalf by:

Mrs S B Sirpal - Director

Mrs Rohini Aggarwal - Director

Miss Simran Sirpal - Director

Mrs Sonam Sharma - Director

1.	STATUTORY INFORMATION

RSS Wholesaling 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 as modified by the revaluation of certain assets.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year 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 year 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 September 2024

24,887

5,301

30,188

Additions

724

-

724

At 31 August 2025

25,611

5,301

30,912

DEPRECIATION

At 1 September 2024

14,604

3,579

18,183

Charge for year

1,651

258

1,909

At 31 August 2025

16,255

3,837

20,092

NET BOOK VALUE

At 31 August 2025

9,356

1,464

10,820

At 31 August 2024

10,283

1,722

12,005

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

2,205,000

Revaluations

(10,000

)

At 31 August 2025

2,195,000

NET BOOK VALUE

At 31 August 2025

2,195,000

At 31 August 2024

2,205,000

Investment property comprises of four residential and one commercial properties. The fair values of the investment properties has been arrived at on the basis of valuations carried out on 31 August 2025 by the Directors. The valuations were made on an open market values basis by reference to market evidence of similar properties transaction prices.

Fair value at 31 August 2025 is represented by:

£

Valuation in 2019

1,516

Valuation in 2020

196,000

Valuation in 2021

197,000

Valuation in 2022

86,000

Valuation in 2023

2,000

Valuation in 2024

105,000

Valuation in 2025

(10,000

)

Cost

1,617,484

2,195,000

6.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Amounts owed by associates

89,246

94,246

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

61,685

61,451

Trade creditors

1

-

Taxation and social security

6,931

4,048

Other creditors

167,630

139,917

236,247

205,416

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans

445,296

481,593

Amounts owed to group undertakings

-

16,638

Amounts owed to associates

-

8,257

445,296

506,488

Amounts falling due in more than five years:

Repayable by instalments

Bank loans (1)

48,163

58,046

Lloyds Loan (2)

-

19,746

Bank loan 00147615

380,842

403,801

Lloyds Loan ac2803

16,291

-

445,296

481,593

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.8.25

31.8.24

£

£

Bank loans

506,981

543,044

Bank loans are secured on investments properties owned by the company.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year Sirchem Ltd transferred in to the company £5,000 to repay outstanding loan. The four directors are also the directors of Sirchem Ltd, Mrs S Sirpal, Mrs R Aggarwal, Mrs S Sharma and Miss S Sirpal.

11.	ULTIMATE CONTROLLING PARTY

20% issued share capital is held by state of Mr R K Sirpal

20% issued share capital is held by Mrs S B Sirpal

20% issued share capital is held by the Sirpal Discretionary settlement No.1

20% issued share capital is held by the Sirpal Discretionary settlement No.2

20% issued share capital is held by the Sirpal Discretionary settlement No.3