RHP Merchants and Construction Limited Filleted accounts for Companies House (small and micro)

RHP Merchants and Construction Limited

Statement of Financial Position

30 November 2025

	2025	2024
Note	£	£

Current assets

Debtors	3	145,603	151,164
Cash at bank and in hand		1	1
		---------	---------
		145,604	151,165

Creditors: amounts falling due within one year	4	665,187	647,070
		---------	---------
Net current liabilities		519,583	495,905
		---------	---------
Total assets less current liabilities		( 519,583)	( 495,905)

Creditors: amounts falling due after more than one year	5	19,785	27,748
		---------	---------
Net liabilities		( 539,368)	( 523,653)
		---------	---------

Capital and reserves

Called up share capital	1	1
Profit and loss account	( 539,369)	( 523,654)
	---------	---------
Shareholders deficit	( 539,368)	( 523,653)
	---------	---------

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 income statement has not been delivered.

For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act 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 27 August 2026 , and are signed on behalf of the board by:

Mr RL Hayward
Director

Company registration number: 05989655

RHP Merchants and Construction Limited

Notes to the Financial Statements

Year ended 30 November 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 3 Beachcliff The Esplanade, CF64 3AS, Penarth.

2. 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.

Going concern

The accounts show the company had net liabilities of £539,368 at the balance sheet date. The director had therefore had to consider the appropriateness of the going concern basis. The company has been able to finance its operations largely because of the support from the director and other creditors. Were this support not available, the company may not be able to continue trading. The director is confident that the company will be able to meet its obligations for at least the next twelve months with the continuing support of these creditors. He therefore considers it appropriate to prepare the accounts on the going concern basis.

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. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Financial instruments

Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship (see hedge accounting policy). 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.

3. Debtors

	2025	2024
	£	£
Trade debtors	225	5,975
Amounts owed by group undertakings and undertakings in which the company has a participating interest	145,378	145,189
	---------	---------
	145,603	151,164
	---------	---------

4. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	7,158	7,342
Trade creditors	14,744	18,348
Amounts owed to group undertakings and undertakings in which the company has a participating interest	46,577	–
Corporation tax	31,921	–
Social security and other taxes	710	16,149
Other creditors	564,077	605,231
	---------	---------
	665,187	647,070
	---------	---------

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

	2025	2024
	£	£
Bank loans and overdrafts	19,785	27,748
	--------	--------