RCB BONDS PLC

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +52.2%

  £471,000 → £717,000

• Cash

  -67.1%

  £419,000 → £138,000

• Net assets

  +4.1%

  £73,000 → £76,000

• Employees

  —

  Not reported

• Operating profit

  -20%

  £5,000 → £4,000

• Profit before tax

  -20%

  £5,000 → £4,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. RCB BONDS PLC 2021-09-10 → present
2. RETAIL CHARITY BONDS PLC 2014-03-14 → 2021-09-10

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Price Bailey LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “On 2 April 2025 the Company sold £8m of the 4.5% bonds due 2026 secured on a loan to Belong Limited ("Belong") that had been retained by the Company. At the same time a further £8m was advanced to Belong under the loan on which the Belong bonds are secured.”
• “On 30 April 2025 Hightown Housing Association repaid its loan from the Company, and the Company accordingly redeemed the £27m 4.4% bonds due 2025 in full.”
• “On 7 July 2025 the Company issued £40m 7.50% bonds, due 2030 (including retained bonds) secured on a loan (the "Belong 2030 Loan") to Belong Limited ("Belong") (the "Belong 2030 Bonds"). The total principal amount of Belong 2030 Bonds retained was £11m.”
• “On 9 July 2025, Belong purchased £28m of the Company's 4.5% bonds due 2026 secured on a loan to Belong Limited (the "Belong 2026 Bonds"), which were immediately surrendered for cancellation and the corresponding amount of the relevant loan to Belong (the "Belong 2026 Loan") was deemed to be repaid.”
• “Between 21 July 2025 and 28 August 2025 the Company sold £1.25m of the Belong 2030 Bonds that had been retained by the Company. Upon each sale, a corresponding amount was advanced to Belong under the Belong 2030 Loan.”
• “Between 10 September 2025 and 20 November 2025, the Company sold £1m of the Belong 2030 Bonds that had been retained by the Company. Upon each sale, a corresponding amount was advanced to Belong under the Belong 2030 Loan.”
• “On 20 November 2025, Belong purchased £250k of the Company's 4.5% bonds due 2026 secured on a loan to Belong Limited (the "Belong 2026 Bonds"), which were immediately surrendered for cancellation and the corresponding amount of the relevant loan to Belong (the "Belong 2026 Loan") was deemed to be repaid.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

11

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.