Rye Van and Rural Vehicle Servicing Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 05920356 (England and Wales)

RYE VAN AND RURAL VEHICLE SERVICING LTD

TRADING AS

RVS BECKLEY

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

Mr D N Ramus

Mrs H S Ramus

SECRETARY:

Mrs H S Ramus

REGISTERED OFFICE:

Landgate Chambers

24 Landgate

Rye

East Sussex

TN31 7LJ

REGISTERED NUMBER:

05920356 (England and Wales)

ACCOUNTANTS:

Gibbons Mannington & Phipps LLP

Chartered Accountants

Landgate Chambers

24 Landgate

Rye

East Sussex

TN31 7LJ

FIXED ASSETS

Tangible assets

4

346,212

369,640

CURRENT ASSETS

Stocks

4,209

3,659

Debtors

5

12,823

10,831

Cash at bank and in hand

1,297

2,504

18,329

16,994

CREDITORS

Amounts falling due within one year

6

83,288

76,908

NET CURRENT LIABILITIES

(64,959

)

(59,914

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

281,253

309,726

CREDITORS

Amounts falling due after more than
one year

7

139,983

163,646

NET ASSETS

141,270

146,080

CAPITAL AND RESERVES

Called up share capital

10

257,000

Retained earnings

(115,730

)

(110,920

)

SHAREHOLDERS' FUNDS

141,270

146,080

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 August 2026 and were signed on its behalf by:

Mr D N Ramus - Director

1.	STATUTORY INFORMATION

Rye Van and Rural Vehicle Servicing Ltd is a private company, limited by shares , registered in England and Wales. 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 represents net invoiced sales of goods and services, excluding value added tax. It comprises amounts receivable from vehicle servicing, repair and maintenance services.

Revenue from services is recognised when the services have been completed and revenue from the sale of goods is recognised when control of the goods has passed to the customer.

TANGIBLE FIXED ASSETS

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

Freehold property

-

2% on cost

Plant and machinery

-

15% on reducing balance

Fixtures, fittings and equipment

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% 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.

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 5 (2025 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures,

fittings

Freehold

Plant and

and

property

machinery

equipment

£

COST

At 1 March 2025

351,328

192,349

29,970

Additions

-

3,874

-

At 28 February 2026

351,328

196,223

29,970

DEPRECIATION

At 1 March 2025

69,817

136,387

25,833

Charge for year

7,026

11,576

1,565

At 28 February 2026

76,843

147,963

27,398

NET BOOK VALUE

At 28 February 2026

274,485

48,260

2,572

At 28 February 2025

281,511

55,962

4,137

Motor

Computer

vehicles

equipment

Totals

£

COST

At 1 March 2025

53,503

5,299

632,449

Additions

-

3,874

At 28 February 2026

53,503

5,299

636,323

DEPRECIATION

At 1 March 2025

26,412

4,360

262,809

Charge for year

6,646

489

27,302

At 28 February 2026

33,058

4,849

290,111

NET BOOK VALUE

At 28 February 2026

20,445

450

346,212

At 28 February 2025

27,091

939

369,640

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

2,676

2,222

Other debtors

10,147

8,609

12,823

10,831

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts

5,870

4,168

Hire purchase contracts (see note 8)

5,430

Trade creditors

28,398

26,098

Taxation and social security

5,236

5,235

Other creditors

38,354

35,977

83,288

76,908

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2026

2025

£

Bank loans

119,732

121,396

Hire purchase contracts (see note 8)

9,503

14,932

Other creditors

10,748

27,318

139,983

163,646

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

100,201

102,268

8.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2026

2025

£

Gross obligations repayable:

Within one year

7,075

Between one and five years

12,381

19,455

19,456

26,530

Finance charges repayable:

Within one year

1,645

Between one and five years

2,878

4,523

6,168

Net obligations repayable:

Within one year

5,430

Between one and five years

9,503

14,932

14,933

20,362

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

Natwest loan

123,988

125,564

The Natwest loan is secured by way of a fixed and floating charge over all property and assets of the company. It has also been secured against private property owned by the directors.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

72,000

Ordinary A

£1

72,000

28,000

Ordinary B

£1

28,000

157,000

Ordinary C non voting

£1

157,000

257,000

11.	GOING CONCERN

The accounts have been prepared on a going concern basis. The directors have review the ongoing financial requirements of the company and have no reason to believe the company will not be able to trade for the foreseeable future.