RFS (Staffs) Holding Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 11296406 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

RFS (STAFFS) HOLDING LIMITED

Page

Statement of Financial Position

1

to

2

Notes to the Financial Statements

3

to

7

FIXED ASSETS

Tangible assets

3

1,814,036

-

Investments

4

100

1,814,136

100

CURRENT ASSETS

Debtors

5

406,600

101

Cash at bank

541,413

-

948,013

101

CREDITORS

Amounts falling due within one year

6

(257,430

)

(300

)

NET CURRENT ASSETS/(LIABILITIES)

690,583

(199

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,504,719

(99

)

CREDITORS

Amounts falling due after more than one
year

7

(450,000

)

-

PROVISIONS FOR LIABILITIES

(260,565

)

-

NET ASSETS/(LIABILITIES)

1,794,154

(99

)

CAPITAL AND RESERVES

Called up share capital

200

Retained earnings

1,793,954

(299

)

1,794,154

(99

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 June 2026 and were signed on its behalf by:

D Reid - Director

1.	STATUTORY INFORMATION

RFS (Staffs) Holding Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

11296406

Registered office:

C/O DPC Accountants

Stone House, Stone Road Business Park

Stone Road

Stoke on Trent

Staffordshire

ST4 6SR

The presentation currency of the financial statements is the Pound Sterling (£).

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.

SIGNIFICANT JUDGEMENTS AND ESTIMATES

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

(i) Useful economic lives of tangible assets

The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are re-assessed annually. They are amended when necessary to reflect current estimates, based on technological advancement, future investments, economic utilisation and physical condition of the assets. See the notes to the financial statements for the carrying amount of the assets and the accounting policy for the useful economic lives for each class of assets.

REVENUE RECOGNITION

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

TANGIBLE FIXED ASSETS

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

Freehold land

-

not depreciated

Motor vehicles

-

20% reducing balance

INVESTMENTS IN SUBSIDIARIES

Investments in subsidiary undertakings are recognised at cost.

FINANCIAL INSTRUMENTS

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	TANGIBLE FIXED ASSETS

Freehold

Motor

land

vehicles

Totals

£

COST

Additions

771,773

1,358,260

2,130,033

Disposals

-

(71,604

)

(71,604

)

At 31 March 2026

771,773

1,286,656

2,058,429

DEPRECIATION

Charge for year

-

250,959

Eliminated on disposal

-

(6,566

)

(6,566

)

At 31 March 2026

-

244,393

NET BOOK VALUE

At 31 March 2026

771,773

1,042,263

1,814,036

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

COST

At 1 April 2025

and 31 March 2026

100

NET BOOK VALUE

At 31 March 2026

100

At 31 March 2025

100

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade debtors

90,000

-

Amounts owed by group undertakings

109,320

-

Other debtors

207,280

101

406,600

101

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Bank loans and overdrafts (see note 8)

50,000

-

Taxation and social security

207,430

-

Other creditors

-

300

257,430

300

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.26

31.3.25

£

Bank loans (see note 8)

450,000

-

Amounts falling due in more than five years:

Repayable by instalments

Bank loans payable more than

5 years by instalments

200,000

-

200,000

-

8.

LOANS

An analysis of the maturity of loans is given below:

31.3.26

31.3.25

£

Amounts falling due within one year or on demand:

Bank loans

50,000

-

Amounts falling due between one and two years:

Bank loans - 1-2 years

50,000

-

Amounts falling due between two and five years:

Bank loans - 2-5 years

200,000

-

Amounts falling due in more than five years:

Repayable by instalments

Bank loans payable more than

5 years by instalments

200,000

-

200,000

-

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

Bank loans

500,000

-

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

D Reid

Balance outstanding at start of year

-

Amounts advanced

100,284

-

Amounts repaid

(12,936

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

87,348

-

J Rhodes

Balance outstanding at start of year

-

Amounts advanced

106,369

-

Amounts repaid

(43,788

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

62,581

-

S A Reid

Balance outstanding at start of year

-

Amounts advanced

76,820

-

Amounts repaid

(45,911

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

30,909

-

C S Reid

Balance outstanding at start of year

-

Amounts advanced

72,966

-

Amounts repaid

(46,624

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

26,342

-

The directors had interest free loan during the year. By virtue of the loan accounts, a liability to taxation exists under section 455 CTA 2010 in the sum of £69,923 which will be repaid or discharged when the loans are repaid. The loans have been repaid within nine months of the year and therefore no provision for the taxation has been made.

11.	RELATED PARTY DISCLOSURES

All transactions undertaken with the directors are deemed to be conducted under normal market conditions and/or are not material.