REGISTERED NUMBER: 02759847 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2026

for

Rapid Loans Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Alexandra White

Vicki White

David Cedric Yannick Evina Si

SECRETARY:

Vicki White

REGISTERED OFFICE:

615 Woodborough Road

Mapperley

Nottingham

NG3 5QG

REGISTERED NUMBER:

02759847 (England and Wales)

FIXED ASSETS

Tangible assets

4

1,247

1,455

Investment property

5

778,991

643,991

780,238

645,446

CURRENT ASSETS

Stocks

58,210

74,190

Debtors

6

848,394

853,978

Cash at bank and in hand

89,572

261,100

996,176

1,189,268

CREDITORS

Amounts falling due within one year

7

9,360

9,714

NET CURRENT ASSETS

986,816

1,179,554

TOTAL ASSETS LESS CURRENT LIABILITIES

1,767,054

1,825,000

CAPITAL AND RESERVES

Called up share capital

8

1,000

1,000

Retained earnings

9

1,766,054

1,824,000

SHAREHOLDERS' FUNDS

1,767,054

1,825,000

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 3 September 2026 and were signed on its behalf by:

Vicki White - Director

Alexandra White - Director

David Cedric Yannick Evina Si - Director

1.	STATUTORY INFORMATION

Rapid Loans Limited 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.

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 invoice sale of goods and services excluding Value Added Tax.

Tangible fixed assets

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

Plant and Machinery etc - 10% per annum reducing balance.

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.

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 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2025

and 31 January 2026

2,078

DEPRECIATION

At 1 February 2025

623

Charge for year

208

At 31 January 2026

831

NET BOOK VALUE

At 31 January 2026

1,247

At 31 January 2025

1,455

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2025

643,991

Additions

135,000

At 31 January 2026

778,991

NET BOOK VALUE

At 31 January 2026

778,991

At 31 January 2025

643,991

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade debtors

848,394

853,978

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Taxation and social security

1,479

1,206

Other creditors

7,881

8,508

9,360

9,714

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.26

31.1.25

value:

£

£

1,000

Ordinary

£1

1,000

1,000

9.

RESERVES

Retained

earnings

£

At 1 February 2025

1,824,000

Deficit for the year

(28,196

)

Dividends

(29,750

)

At 31 January 2026

1,766,054

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Alan White.