0 9 July 2026 false false false false false false false false false false true false false false false false false No description of principal activity 2024-08-01 Sage Accounts Production Advanced 2025 - FRS102_2025 560,843 39,157 600,000 600,000 560,843 xbrli:pure xbrli:shares iso4217:GBP 14259606 2024-08-01 2025-10-31 14259606 2025-10-31 14259606 2024-07-31 14259606 2023-08-01 2024-07-31 14259606 2024-07-31 14259606 2023-07-31 14259606 bus:Director1 2024-08-01 2025-10-31 14259606 core:AfterOneYear 2025-10-31 14259606 core:AfterOneYear 2024-07-31 14259606 core:WithinOneYear 2025-10-31 14259606 core:WithinOneYear 2024-07-31 14259606 core:ShareCapital 2025-10-31 14259606 core:ShareCapital 2024-07-31 14259606 core:RetainedEarningsAccumulatedLosses 2025-10-31 14259606 core:RetainedEarningsAccumulatedLosses 2024-07-31 14259606 core:LandBuildings core:OwnedOrFreeholdAssets 2025-10-31 14259606 core:LandBuildings core:OwnedOrFreeholdAssets 2024-07-31 14259606 core:LandBuildings core:OwnedOrFreeholdAssets 2024-07-31 14259606 core:LandBuildings core:OwnedOrFreeholdAssets 2024-08-01 2025-10-31 14259606 bus:SmallEntities 2024-08-01 2025-10-31 14259606 bus:Audited 2024-08-01 2025-10-31 14259606 bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-10-31 14259606 bus:PrivateLimitedCompanyLtd 2024-08-01 2025-10-31 14259606 bus:FullAccounts 2024-08-01 2025-10-31
COMPANY REGISTRATION NUMBER: 14259606

RSP & Sons Limited

Filleted Financial Statements

31 October 2025

RSP & Sons Limited

Financial Statements

Period from 1 August 2024 to 31 October 2025

Contents | Page

Statement of financial position | 1

Notes to the financial statements | 2

RSP & Sons Limited

Statement of Financial Position

31 October 2025

| 31 Oct 25 | 31 Jul 24
Note | £ | £ | £

Fixed assets

Tangible assets | 4 | 600,000 |  | 560,843

Current assets

Cash at bank and in hand | 52,659 | 4,100 |

Creditors: amounts falling due within one year | 5 | 26,428 | 26,099 |
| -------- | -------- |
Net current assets/(liabilities) | 26,231 |  | ( 21,999)
| --------- |  | ---------
Total assets less current liabilities | 626,231 |  | 538,844

Creditors: amounts falling due after more than one year | 6 | 517,833 |  | 516,869
| --------- |  | ---------
Net assets | 108,398 |  | 21,975
| --------- |  | ---------

Capital and reserves

Called up share capital | 1 |  | 1
Profit and loss account | 108,397 |  | 21,974
| --------- |  | --------
Shareholder funds | 108,398 |  | 21,975
| --------- |  | --------

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 income and retained earnings has not been delivered.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements were approved by the board of directors and authorised for issue on 9 July 2026 , and are signed on behalf of the board by:

Mr R Packun |
Director |

Company registration number: 14259606

RSP & Sons Limited

Notes to the Financial Statements

Period from 1 August 2024 to 31 October 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Alex House, 260-268 Chapel Street, Salford, England, M3 5JZ.
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. To align the reporting dates within the Group, the accounting reference date was changed from 31 July 2025 to 31 October 2025. Accordingly, the financial statements have been prepared for a 15-month period ending 31 October 2025. As a result, the amounts presented in the income statement, statement of comprehensive income, statement of changes in equity, and related notes are not entirely comparable with the prior comparative 12-month period.
Going concern
The directors have a reasonable expectation that the company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
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.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Investment property | - | revalued to its fair value at each reporting date

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.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
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. Debt instruments are subsequently measured at amortised cost. 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. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Tangible assets

| Investment Property
| £
Cost or valuation |
At 1 August 2024 | 560,843
Revaluations | 39,157
| ---------
At 31 October 2025 | 600,000
| ---------
Depreciation |
At 1 August 2024 and 31 October 2025 | –
| ---------
Carrying amount |
At 31 October 2025 | 600,000
| ---------
At 31 July 2024 | 560,843
| ---------

Included within the above is investment property as follows:

| £
At 1 August 2024 | 560,843
Fair value adjustments | 39,157
| ---------
At 31 October 2025 | 600,000
| ---------

The director has valued the properties at 31 October 2025 based on a combination of current market conditions, rental yields and a valuation by MacMarshalls Limited, a local Chartered Surveyors. During the year, £55,055 income was received from the investment properties.
5. Creditors: amounts falling due within one year

| 31 Oct 25 | 31 Jul 24
| £ | £
Social security and other taxes | 1,864 | 876
Other creditors | 24,564 | 25,223
| -------- | --------
| 26,428 | 26,099
| -------- | --------

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

| 31 Oct 25 | 31 Jul 24
| £ | £
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 517,833 | 516,869
| --------- | ---------

7. Summary audit opinion
The auditor's report dated 9 July 2026 was unqualified .
The senior statutory auditor was Stuart Whitehead FCA , for and on behalf of Edwards Veeder LLP .
8. Related party transactions
At 31 October 2025 the company owed £23,220 (2024: £23,220) to a shareholder of its parent company. No interest has been charged to the company in respect of the balance which is repayable on demand and classified under other creditors. The company has taken advantage of the exemption available in Section 33 of FRS102 "Related Party Disclosures" whereby it has not disclosed transactions with the ultimate parent company or any wholly owned subsidiary undertaking of the group
9. Controlling party
The company's parent company is Autosave Holdings Limited, a company incorporated in England and Wales. The ultimate controlling party of the company is Mr R Packun .