Company Registration No. 10702230 (England and Wales)
RS FURNITURE LTD
Unaudited accounts
for the year ended 31 March 2026
RS FURNITURE LTD
Unaudited accounts
Contents
RS FURNITURE LTD
Company Information
for the year ended 31 March 2026
Directors
Andrew Reed
Deborah Reed
Company Number
10702230 (England and Wales)
Registered Office
LYNTHWAITE HOUSE DENSHAW ROAD
DELPH
OLDHAM
LANCASHIRE
OL3 5TL
UNITED KINGDOM
Accountants
Paul Austen Associates Ltd
Riverside
Mountbatten Way
Congleton
Cheshire
CW12 1DY
RS FURNITURE LTD
Statement of financial position
as at 31 March 2026
Intangible assets
4,590
5,355
Tangible assets
31,800
50,800
Inventories
334,035
343,067
Cash at bank and in hand
39,704
29,649
Creditors: amounts falling due within one year
(382,877)
(412,335)
Net current assets
37,981
27,017
Total assets less current liabilities
74,371
83,172
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
65,844
83,072
Shareholders' funds
65,944
83,172
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 September 2026 and were signed on its behalf by
Andrew Reed
Director
Company Registration No. 10702230
RS FURNITURE LTD
Notes to the Accounts
for the year ended 31 March 2026
RS FURNITURE LTD is a private company, limited by shares, registered in England and Wales, registration number 10702230. The registered office is LYNTHWAITE HOUSE DENSHAW ROAD, DELPH, OLDHAM, LANCASHIRE, OL3 5TL, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 March 2026 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2024.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% straight line
4
Intangible fixed assets
Goodwill
RS FURNITURE LTD
Notes to the Accounts
for the year ended 31 March 2026
5
Tangible fixed assets
Motor vehicles
Charge for the year
19,000
Amounts falling due within one year
Accrued income and prepayments
23,562
66,636
7
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
73,386
53,311
Obligations under finance leases and hire purchase contracts
19,736
32,131
Trade creditors
72,855
102,247
Amounts owed to group undertakings and other participating interests
28,661
66,501
Taxes and social security
8,409
5,786
Loans from directors
140,854
141,147
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan
141,147
-
294
140,853
RS FURNITURE LTD
Notes to the Accounts
for the year ended 31 March 2026
10
Average number of employees
During the year the average number of employees was 5 (2025: 5).