REGISTERED NUMBER: 09433391 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 May 2026

for

Rathstones Financial Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

L Baugh

Miss B Szabatka

SECRETARY:

L Baugh

REGISTERED OFFICE:

1 Minster Court

Tuscam Way

Camberley

Surrey

GU15 3YY

REGISTERED NUMBER:

09433391 (England and Wales)

ACCOUNTANTS:

Butt Miller

Chartered Accountants

1 Minster Court

Tuscam Way

Camberley

Surrey

GU15 3YY

CURRENT ASSETS

Debtors

5

6,488

40,863

Cash at bank

89

2,469

6,577

43,332

CREDITORS

Amounts falling due within one year

6

(7,811

)

(45,337

)

NET CURRENT LIABILITIES

(1,234

)

(2,005

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,234

)

(2,005

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(1,334

)

(2,105

)

SHAREHOLDERS' FUNDS

(1,234

)

(2,005

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 12 October 2026 and were signed on its behalf by:

L Baugh - Director

1.	STATUTORY INFORMATION

Rathstones Financial 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts and rebates.

Rathstones Financial Limited acts as an intermediary between its customers and the ultimate sellers of finance services. Commission is recognised at the point when the agreements are signed by the customers. Turnover comprises of sales of motor vehicles, commission and interest received.

Tangible fixed assets

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

Fixtures and fittings

-

25% on cost

Computer equipment

-

25% on cost

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 Statement of Financial Position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the Statement of Financial Position 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.

Going concern

After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 June 2025

and 31 May 2026

75

1,892

1,967

DEPRECIATION

At 1 June 2025

and 31 May 2026

75

1,892

1,967

NET BOOK VALUE

At 31 May 2026

-

-

-

At 31 May 2025

-

-

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

1,533

2,591

Director's current account

4,955

37,051

VAT

-

1,221

6,488

40,863

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

2,155

14,929

Preference shares

3,000

3,000

Trade creditors

-

2,853

Tax

181

24,555

Accruals

2,475

-

7,811

45,337

7.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Loan

2,155

4,424

The company's obligations regarding the above loan is secured via a personal guarantee from one of the directors, who has made personal assets available to the company to secure the liability.

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 May 2026 and 31 May 2025:

2026

2025

£

£

L Baugh and Miss B Szabatka

Balance outstanding at start of year

37,051

8,358

Amounts advanced

53,805

72,122

Amounts repaid

(85,901

)

(43,429

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

4,955

37,051

Loans from the company in excess of £20,000 are charged interest at HMRC's approved rate. All loans are unsecured and repayable on demand.