Registration number: 14141862

Responsible Sourcing Scheme Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

Responsible Sourcing Scheme Limited

Company Information

Directors

S D Carter N C Bragg M D Burks A Hawkins S D Harper S Blackhurst C Dawson

Registered office

BGA House Nottingham Road Louth Lincolnshire LN11 0WB

Responsible Sourcing Scheme Limited

(Registration number: 14141862)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	285	-
Other financial assets	5	1	1
		286	1
Current assets
Debtors	6	7,493	5,549
Cash at bank and in hand		12,365	11,171
		19,858	16,720
Creditors: Amounts falling due within one year	7	(7,462)	(3,966)
Net current assets		12,396	12,754
Net assets		12,682	12,755
Reserves
Retained earnings		12,682	12,755
Surplus		12,682	12,755

For the financial year ending 31 December 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 23 April 2026 and signed on its behalf by:
 

......................................... S D Harper Director

Responsible Sourcing Scheme Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by guarantee incorporated in England and Wales and the company registration number is 14141862.

These financial statements cover the individual entity, Responsible Sourcing Scheme Limited.

The address of its registered office is:
BGA House
Nottingham Road
Louth
Lincolnshire
LN11 0WB

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 including 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.

The financial statements have been prepared in sterling and are rounded to the nearest pound.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the Company’s activities.

The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

Tax

The company trades as a mutual society and accordingly no corporation tax is chargeable on its excess of income over expenditure arising from its activities with members. Corporation tax chargeable on other income of the company at rates current during the period of the accounts.

Intangible assets

Intangible assets have a finite useful life and are carried at cost less accumulated amortisation and any accumulated impairment losses.

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
Website	25% straight line

Investments

Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Responsible Sourcing Scheme Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

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

Trade debtors are recognised at the transaction price.

Trade creditors

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

Trade creditors are recognised at the transaction price.

3	Staff numbers

The average number of persons employed by the Company during the year, was 0 (2024 - 0).

Responsible Sourcing Scheme Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4	Intangible assets

	Website  £	Total £
Cost or valuation
Additions acquired separately	301	301
At 31 December 2025	301	301
Amortisation
Amortisation charge	16	16
At 31 December 2025	16	16
Carrying amount
At 31 December 2025	285	285

5	Other financial assets (current and non-current)

	Financial assets at cost less impairment £	Total £
Non-current financial assets
Cost or valuation
At 1 January 2025	1	1
At 31 December 2025	1	1
Carrying amount
At 31 December 2025	1	1

6

Debtors

Current	2025 £	2024 £
Trade debtors	5,880	4,200
Prepayments and accrued income	14	14
Other debtors	1,599	1,335
	7,493	5,549

Responsible Sourcing Scheme Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	5,962	2,848
Taxation and social security	-	3
Accruals and deferred income	1,500	1,115
	7,462	3,966