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Company Registration No. 13796897 (England and Wales)
RWS Developments (IOW) Ltd Unaudited accounts for the year ended 31 December 2025
RWS Developments (IOW) Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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RWS Developments (IOW) Ltd Company Information for the year ended 31 December 2025
Directors
Jonathan Shears Carl Brett Butler-Western Samuel Mark Rees
Company Number
13796897 (England and Wales)
Registered Office
Fortis House Cothey Way Ryde Isle of Wight PO33 1QT England
Accountants
Vision Accounting Fortis House Cothey Way Ryde Isle of Wight PO33 1QT
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RWS Developments (IOW) Ltd Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Current assets
Inventories
4
401,826
48,667
Debtors
5
15,338
20,250
Cash at bank and in hand
21,742
76
438,906
68,993
Creditors: amounts falling due within one year
6
(302,141)
(71,167)
Net current assets/(liabilities)
136,765
(2,174)
Total assets less current liabilities
136,765
(2,174)
Creditors: amounts falling due after more than one year
7
(142,320)
-
Net liabilities
(5,555)
(2,174)
Capital and reserves
Called up share capital
3
3
Profit and loss account
(5,558)
(2,177)
Shareholders' funds
(5,555)
(2,174)
For the year ending 31 December 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 9 February 2026 and were signed on its behalf by
Jonathan Shears Director Company Registration No. 13796897
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RWS Developments (IOW) Ltd Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
RWS Developments (IOW) Ltd is a private company, limited by shares, registered in England and Wales, registration number 13796897. The registered office is Fortis House, Cothey Way, Ryde, Isle of Wight, PO33 1QT, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes interest charges from borrowing that are directly attributable.
4
Inventories
2025
2024
£
£
Work in progress
401,826
48,667
401,826
48,667
Work in progress in relation to ongoing construction for development projects.
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
15,338
-
Amounts falling due after more than one year
Other debtors
-
20,250
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
37,139
-
Taxes and social security
2,896
-
Other creditors
198,200
13,500
Loans from directors
62,897
57,247
Accruals
1,009
420
302,141
71,167
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RWS Developments (IOW) Ltd Notes to the Accounts for the year ended 31 December 2025
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
142,320
-
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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