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REGISTERED NUMBER: 05058857

| REPORT OF THE DIRECTORS AND

| UNAUDITED FINANCIAL STATEMENTS

| FOR THE YEAR ENDED 31 JULY 2025

| FOR

| RONALD CHARLES ASSOCIATES LIMITED

RONALD CHARLES ASSOCIATES LIMITED (REGISTERED NUMBER: 05058857) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

Page |

| Company Information | 1 |

| Report of the Directors | 2 |

| Income Statement | 3 |

| Balance Sheet | 4 |

| Statement of Changes in Equity | 6 |

| Notes to the Financial Statements | 7 |

| RONALD CHARLES ASSOCIATES LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 JULY 2025

| DIRECTORS: | R C Irani

| Mrs L A Irani

| SECRETARY: | Mrs L A Irani

| REGISTERED OFFICE: | Bellefield House

| 104 New London Road

| Chelmsford

| Essex

| CM2 0RG

| REGISTERED NUMBER: | 05058857

| ACCOUNTANTS: | Lucentum Business Services Ltd

| Beckwith Barn

| Warren Estate

| Lordship Road

| Chelmsford

| Essex

| CM1 3WT

RONALD CHARLES ASSOCIATES LIMITED (REGISTERED NUMBER: 05058857) |

REPORT OF THE DIRECTORS

FOR THE YEAR ENDED 31 JULY 2025

The directors present their report with the financial statements of the company for the year ended 31 July 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of introductory services.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 August 2024 to the date of this report.

R C Irani

Mrs L A Irani

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

R C Irani - Director

17 October 2025

RONALD CHARLES ASSOCIATES LIMITED (REGISTERED NUMBER: 05058857) |

INCOME STATEMENT

FOR THE YEAR ENDED 31 JULY 2025

| 2025 |  | 2024

£ | £ |

TURNOVER | 47,653 |  | 413,634 |  |

Cost of sales | - |  | 225 |  |

GROSS PROFIT | 47,653 |  | 413,409 |  |

Administrative expenses | 455,676 |  | 663,364 |  |

OPERATING LOSS | (408,023 | ) | (249,955 | ) |

Interest receivable and similar income | 1,256 |  | 1,691 |  |

(406,767 | ) | (248,264 | ) |

Interest payable and similar expenses | 1,742 |  | 192 |  |

LOSS BEFORE TAXATION | (408,509 | ) | (248,456 | ) |

Tax on loss | 186 |  | (27,077 | ) |

LOSS FOR THE FINANCIAL YEAR | (408,695 | ) | (221,379 | ) |

RONALD CHARLES ASSOCIATES LIMITED (REGISTERED NUMBER: 05058857) |

BALANCE SHEET

31 JULY 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | 75,422 |  |

Tangible assets | 5 | - |  | 7,130 |  |

Investments | 6 | - |  | 15,305 |  |

- |  | 97,857 |  |

CURRENT ASSETS

Debtors | 7 | 5,054 |  | 300,274 |  |

Cash in hand | 18,314 |  | 58,360 |  |

23,368 |  | 358,634 |  |

CREDITORS

Amounts falling due within one year | 8 | 68,428 |  | 185,222 |  |

NET CURRENT (LIABILITIES)/ASSETS | (45,060 | ) | 173,412 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | (45,060 | ) | 271,269 |  |

CREDITORS

Amounts falling due after more than one year | 9 | 92,366 |  | - |  |

NET (LIABILITIES)/ASSETS | (137,426 | ) | 271,269 |  |

CAPITAL AND RESERVES

Called up share capital | 10 | 2 |  | 2 |  |

Retained earnings | 11 | (137,428 | ) | 271,267 |  |

SHAREHOLDERS' FUNDS | (137,426 | ) | 271,269 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 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.

RONALD CHARLES ASSOCIATES LIMITED (REGISTERED NUMBER: 05058857) |

BALANCE SHEET - continued

31 JULY 2025

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 17 October 2025 and were signed on its behalf by:

R C Irani - Director

RONALD CHARLES ASSOCIATES LIMITED (REGISTERED NUMBER: 05058857) |

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 JULY 2025

| Called up |

| share |  | Retained |  | Total

| capital |  | earnings |  | equity

£ | £ | £ |

Balance at 1 August 2023 | 2 |  | 493,646 |  | 493,648 |  |

Changes in equity

Dividends | - |  | (1,000 | ) | (1,000 | ) |

Total comprehensive income | - |  | (221,379 | ) | (221,379 | ) |

Balance at 31 July 2024 | 2 |  | 271,267 |  | 271,269 |  |

Changes in equity

Total comprehensive income | - |  | (408,695 | ) | (408,695 | ) |

Balance at 31 July 2025 | 2 |  | (137,428 | ) | (137,426 | ) |

RONALD CHARLES ASSOCIATES LIMITED (REGISTERED NUMBER: 05058857) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

1. | STATUTORY INFORMATION

| Ronald Charles Associates Limited is a private company, limited by shares , registered in Not specified/Other. 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, rebates, value added tax and other sales taxes.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Patents and licences are being amortised evenly over their estimated useful life of five years.

| Tangible fixed assets

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

| Plant and machinery | - | Straight line over 5 years

| 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.

RONALD CHARLES ASSOCIATES LIMITED (REGISTERED NUMBER: 05058857) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JULY 2025

2. | ACCOUNTING POLICIES - continued

| 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 3 (2024 - 4 ) .

4. | INTANGIBLE FIXED ASSETS

| Patents

| and

| licences

£ |

| COST

| At 1 August 2024 | 196,751 |  |

| Disposals | (196,751 | ) |

| At 31 July 2025 | - |  |

| AMORTISATION

| At 1 August 2024 | 121,329 |  |

| Eliminated on disposal | (121,329 | ) |

| At 31 July 2025 | - |  |

| NET BOOK VALUE

| At 31 July 2025 | - |  |

| At 31 July 2024 | 75,422 |  |

5. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

£ |

| COST

| At 1 August 2024 | 33,959 |  |

| Additions | 7,154 |  |

| Disposals | (41,113 | ) |

| At 31 July 2025 | - |  |

| DEPRECIATION

| At 1 August 2024 | 26,829 |  |

| Eliminated on disposal | (26,829 | ) |

| At 31 July 2025 | - |  |

| NET BOOK VALUE

| At 31 July 2025 | - |  |

| At 31 July 2024 | 7,130 |  |

RONALD CHARLES ASSOCIATES LIMITED (REGISTERED NUMBER: 05058857) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JULY 2025

6. | FIXED ASSET INVESTMENTS

| Investments (neither listed nor unlisted) were as follows:

2025 | 2024 |

£ | £ |

| Other investments | - |  | 15,305 |  |

| The company disposed of the investments on 26 September 2024.

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | - |  | 242,934 |  |

| Other debtors | 5,054 |  | 57,340 |  |

5,054 |  | 300,274 |  |

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 6,590 |  | - |  |

| Trade creditors | 341 |  | 5,189 |  |

| Taxation and social security | 5,763 |  | 2,426 |  |

| Other creditors | 55,734 |  | 177,607 |  |

68,428 |  | 185,222 |  |

9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans | 92,366 |  | - |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 59,292 |  | - |  |

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 2 | Ordinary | £1 | 2 |  | 2 |  |

RONALD CHARLES ASSOCIATES LIMITED (REGISTERED NUMBER: 05058857) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JULY 2025

11. | RESERVES

| Retained

| earnings

£ |

| At 1 August 2024 | 271,267 |  |

| Deficit for the year | (408,695 | ) |

| At 31 July 2025 | (137,428 | ) |

12. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| Included in other creditors is £47,623 (2024: £170,137) due to the directors of the company.

| The Loan is interest free and repayable on demand.