RX SECURITIES LIMITED - Filleted accounts

Registered number

08995119

RX SECURITIES LIMITED

Filleted Accounts

30 April 2026

RX SECURITIES LIMITED
Registered number:		08995119
Balance Sheet
as at 30 April 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	4		22,617			1,787

Current assets
Debtors	5	113,149			105,926
Cash at bank and in hand		2,205,194			2,136,715
		2,318,343			2,242,641

Creditors: amounts falling due within one year	6	(75,929)			(58,698)

Net current assets			2,242,414			2,183,943

Total assets less current liabilities			2,265,031			2,185,730


Provisions for liabilities			(5,654)			(448)


Net assets			2,259,377			2,185,282

Capital and reserves
Called up share capital			94,444			94,444
Profit and loss account			2,164,933			2,090,838

Shareholder's funds			2,259,377			2,185,282

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Samir Devani
Director
Approved by the board on 31 July 2026

RX SECURITIES LIMITED
Notes to the Accounts
for the year ended 30 April 2026


1	Accounting policies

	Accounting convention
	These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

	Turnover
	Turnover is recognised at the fair value of the consideration received for services provided in the normal course of business, and is shown net of VAT and other sales related taxes. Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures and Fittings			over 3 years
	Office equipment			over 3 years
	Motor vehicles			25% reducing balance

	Cash and cash equivalents
	Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

	Financial instruments
	The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
	Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
	Classification of financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractualarrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
	Basic financial liabilities Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

	Equity instruments
	Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs.Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2	Judgements and key sources of estimation uncertainty
	In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis.Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.


3	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					4		4


4	Tangible fixed assets
		Fixtures and fittings		Office Equipment		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 May 2025	-		9,165		-		9,165
	Additions	1,146		749		24,000		25,895
	At 30 April 2026	1,146		9,914		24,000		35,060

	Depreciation
	At 1 May 2025	-		7,378		-		7,378
	Charge for the year	255		810		4,000		5,065
	At 30 April 2026	255		8,188		4,000		12,443

	Net book value
	At 30 April 2026	891		1,726		20,000		22,617
	At 30 April 2025	-		1,787		-		1,787


5	Debtors					2026		2025
£							£

	Trade debtors					64,109		58,164
	Prepayments					15,335		15,241
	Accrued Income					27,123		30,000
	Other debtors					6,582		2,521
						113,149		105,926


6	Creditors: amounts falling due within one year					2026		2025
£							£

	Taxation and social security costs					34,262		51,825
	Other creditors					41,667		6,873
						75,929		58,698

	Creditors falling due within one year include loans from the director of £40,947 (2025: £556.02).


7	Provisions for liabilities					2026		2025
£							£

	Deferred tax liabilities					5,654		448

						5,654		448


8	Controlling party

	The company is controlled by its Director.


9	Called up share capital
		2026		2025		2026		2025
	Ordinary share capital	Number	Number		£		£
	Issued and fully paid
	A Ordinary shares of 1p each	8,500,000		8,500,000		85,000		85,000
	B Ordinary shares of 1p each	944,400		944,400		9,444		9,444

		9,444,400		9,444,400		94,444		94,444


10	Other information

	RX SECURITIES LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	23 Richmond Road
	New Barnet
	Barnet
	England
	EN5 1SA