Company Registration No. 12251445 (England and Wales)
The Ragan Investment Company Limited
Unaudited accounts
for the year ended 31 March 2025
The Ragan Investment Company Limited
Unaudited accounts
Contents
The Ragan Investment Company Limited
Company Information
for the year ended 31 March 2025
Directors
Paul Ragan
Sarah Bethan Ragan
Company Number
12251445 (England and Wales)
Registered Office
Unit 3, Centre Court
Treforest Industrial Estate
Pontypridd
CF37 5YR
Accountants
R H Jeffs & Rowe Ltd
27-28 Gelliwastad Road
Pontypridd
CF37 2BW
The Ragan Investment Company Limited
Statement of financial position
as at 31 March 2025
Tangible assets
11,187
291,924
Investments
315,540
1,707,169
Debtors
4,138,862
4,402,505
Cash at bank and in hand
115,328
43,778
Creditors: amounts falling due within one year
(193,590)
(432,416)
Net current assets
4,060,600
4,013,867
Total assets less current liabilities
4,387,328
6,012,961
Creditors: amounts falling due after more than one year
(1,626,286)
(5,532,024)
Net assets
2,761,042
480,937
Called up share capital
100
100
Profit and loss account
2,760,942
480,837
Shareholders' funds
2,761,042
480,937
For the year ending 31 March 2025 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 20 November 2025 and were signed on its behalf by
Paul Ragan
Director
Company Registration No. 12251445
The Ragan Investment Company Limited
Notes to the Accounts
for the year ended 31 March 2025
The Ragan Investment Company Limited is a private company, limited by shares, registered in England and Wales, registration number 12251445. The registered office is Unit 3, Centre Court, Treforest Industrial Estate, Pontypridd, CF37 5YR .
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
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
12.5% Straight Line
Fixtures & fittings
20% Straight Line
Investments in shares are included at fair value.
Transactions, and monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
The Ragan Investment Company Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2024
321,415
8,062
329,477
Additions
5,325
4,201
9,526
Disposals
(321,414)
(1,083)
(322,497)
At 31 March 2025
5,326
11,180
16,506
At 1 April 2024
33,481
4,072
37,553
Charge for the year
33,980
1,595
35,575
On disposals
(66,961)
(848)
(67,809)
At 31 March 2025
500
4,819
5,319
At 31 March 2025
4,826
6,361
11,187
At 31 March 2024
287,934
3,990
291,924
6
Investments
Other investments
Valuation at 1 April 2024
1,707,169
Fair value adjustments
5,261
Valuation at 31 March 2025
315,540
The company holds an interest in the ordinary share capital of the following companies:
SCS Wales Ltd - 50%
Veezu Holdings Ltd - 2.5%
UPVC (Electrical & Plumbing) Ltd - 95%
The companies are all registered in England & Wales
Amounts falling due within one year
Amounts falling due after more than one year
The Ragan Investment Company Limited
Notes to the Accounts
for the year ended 31 March 2025
8
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
-
270,642
Trade creditors
3,290
20,348
Taxes and social security
190,278
68,482
9
Creditors: amounts falling due after more than one year
2025
2024
Amounts owed to group undertakings and other participating interests
-
95,382
Loans from directors
1,626,286
5,436,642
Allotted, called up and fully paid:
50 Ordinary A shares of £1 each
50
50
50 Ordinary B shares of £1 each
50
50
11
Transactions with related parties
Other debtors comprise balances due from related companies.
12
Average number of employees
During the year the average number of employees was 3 (2024: 3).