RF Global Solutions Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: SC272974 (Scotland)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

RF Global Solutions Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

8

DIRECTOR:

A Stuart

SECRETARY:

A Stuart

REGISTERED OFFICE:

22-24 Blythswood Square

Glasgow

G2 4BG

REGISTERED NUMBER:

SC272974 (Scotland)

ACCOUNTANTS:

Wallace White Accountants

2nd Floor

22-24 Blythswood Square

Glasgow

G2 4BG

FIXED ASSETS

Tangible assets

4

61,005

105,029

CURRENT ASSETS

Stocks

115,800

215,800

Debtors

5

424,045

251,988

Cash at bank

898,641

833,730

1,438,486

1,301,518

CREDITORS

Amounts falling due within one year

6

423,345

497,125

NET CURRENT ASSETS

1,015,141

804,393

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,076,146

909,422

CREDITORS

Amounts falling due after more than one
year

7

(54,519

)

(75,089

)

PROVISIONS FOR LIABILITIES

(6,269

)

(16,652

)

NET ASSETS

1,015,358

817,681

CAPITAL AND RESERVES

Called up share capital

50

Retained earnings

1,015,308

817,631

SHAREHOLDERS' FUNDS

1,015,358

817,681

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 30 November 2025 and were signed by:

A Stuart - Director

1.	STATUTORY INFORMATION

RF Global Solutions Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on cost

Motor vehicles

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 13 (2024 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 October 2024

190,117

505,397

695,514

Additions

-

34,683

At 30 September 2025

190,117

540,080

730,197

DEPRECIATION

At 1 October 2024

190,117

400,368

590,485

Charge for year

-

78,707

At 30 September 2025

190,117

479,075

669,192

NET BOOK VALUE

At 30 September 2025

-

61,005

At 30 September 2024

-

105,029

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 October 2024

and 30 September 2025

144,154

DEPRECIATION

At 1 October 2024

108,116

Charge for year

36,038

At 30 September 2025

144,154

NET BOOK VALUE

At 30 September 2025

-

At 30 September 2024

36,038

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

Trade debtors

219,814

229,795

Other debtors

204,231

22,193

424,045

251,988

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

Bank loans and overdrafts

-

26,366

Hire purchase contracts

20,570

Trade creditors

45,226

106,365

Taxation and social security

143,206

121,940

Other creditors

214,343

221,884

423,345

497,125

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30.9.25

30.9.24

£

Hire purchase contracts

54,519

75,089

8.	SECURED DEBTS

The following secured debts are included within creditors:

30.9.25

30.9.24

£

Bank loans

-

26,366

Hire purchase contracts

75,089

95,659

Debt Factors

-

189,351

75,089

311,376

Advances made by the company's debt factors are secured over trade debtors.

Hire purchase creditors are secured over the assets to which they relate.

The bank loan is secured by a standard security over the company's property and a bond and floating charge over its assets.

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2025 and 30 September 2024:

30.9.25

30.9.24

£

A Stuart

Balance outstanding at start of year

(768

)

(768

)

Amounts advanced

187,985

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

187,217

(768

)

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 September 2025 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Wallace White Accountants

2nd Floor

22-24 Blythswood Square

Glasgow

G2 4BG

30 November 2025