Company registration number 09405244 (England and Wales)
25 Rodney Street Limited
Annual report and unaudited financial statements
For the year ended 26 January 2025
25 Rodney Street Limited
Company information
Directors
T A McLean
Mrs M C McLean
Company number
09405244
Registered office
Pacific Chambers, 11-13 Victoria Street
Liverpool
Merseyside
England
L2 5QQ
25 Rodney Street Limited
Contents
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 6
25 Rodney Street Limited
Statement of financial position
As at 26 January 2025
26 January 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
3,788
4,710
Investment property
4
1,110,101
545,070
1,113,889
549,780
Current assets
Debtors
5
696
7,569
Cash at bank and in hand
7,947
10,193
8,643
17,762
Creditors: amounts falling due within one year
6
(795,662)
(282,053)
Net current liabilities
(787,019)
(264,291)
Total assets less current liabilities
326,870
285,489
Creditors: amounts falling due after more than one year
7
(114,549)
(144,957)
Net assets
212,321
140,532
Capital and reserves
Called up share capital
8
100
2
Share premium account
72,748
-
0
Profit and loss reserves
9
139,473
140,530
Total equity
212,321
140,532
25 Rodney Street Limited
Statement of financial position (continued)
As at 26 January 2025
26 January 2025
- 2 -

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 26th January 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 26th January 2024 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.

These financial statements have been prepared and delivered 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 18 March 2026 and are signed on its behalf by:
T A McLean
Director
Company registration number 09405244 (England and Wales)
25 Rodney Street Limited
Notes to the financial statements
For the year ended 26 January 2025
- 3 -
1
Accounting policies
Company information

25 Rodney Street 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.

1.1
Basis of preparation

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.

The presentation currency of the financial statements is the Pound Sterling (£).

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Revenue

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

1.3
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
1.4
Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

1.5
Taxation

Taxation for the period 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

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.

25 Rodney Street Limited
Notes to the financial statements (continued)
For the year ended 26 January 2025
1
Accounting policies
(Continued)
- 4 -
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 period 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.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the income statement, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.6
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.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
3
3
25 Rodney Street Limited
Notes to the financial statements (continued)
For the year ended 26 January 2025
- 5 -
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 27 January 2024
27,386
Additions
350
At 26 January 2025
27,736
Depreciation and impairment
At 27 January 2024
22,676
Depreciation charged in the year
1,272
At 26 January 2025
23,948
Carrying amount
At 26 January 2025
3,788
At 26 January 2024
4,710
4
Investment property
2025
£
Fair value
At 27 January 2024
545,070
Additions
565,031
At 26 January 2025
1,110,101
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
696
7,569
25 Rodney Street Limited
Notes to the financial statements (continued)
For the year ended 26 January 2025
- 6 -
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
30,409
28,388
Trade creditors
-
0
9,570
Taxation and social security
5,219
1,670
Other creditors
760,034
242,425
795,662
282,053
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
114,549
144,957
8
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and not fully paid
Ordinary of £1 each
2
2
100
2

[Where there is unpaid share capital, disclose for each class of share capital the number of shares issued and fully paid, and issued but not fully paid.]

9
Profit and loss reserves
2025
2024
£
£
At the beginning of the year
140,530
138,309
Adjusted balance
140,530
138,309
(Loss)/profit for the year
(1,057)
2,221
At the end of the year
139,473
140,530
10
Related party transactions

Included in other creditors is an amount of £19,837 owed to the directors at the year end.

2025-01-26 2024-01-27 false false false 18 March 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity T A McLean Mrs M C McLean 09405244 2024-01-27 2025-01-26 09405244 bus:Director1 2024-01-27 2025-01-26 09405244 bus:Director2 2024-01-27 2025-01-26 09405244 bus:RegisteredOffice 2024-01-27 2025-01-26 09405244 2025-01-26 09405244 2024-01-26 09405244 core:OtherPropertyPlantEquipment 2025-01-26 09405244 core:OtherPropertyPlantEquipment 2024-01-26 09405244 core:CurrentFinancialInstruments 2025-01-26 09405244 core:CurrentFinancialInstruments 2024-01-26 09405244 core:Non-currentFinancialInstruments 2025-01-26 09405244 core:Non-currentFinancialInstruments 2024-01-26 09405244 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-26 09405244 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-26 09405244 core:ShareCapital 2025-01-26 09405244 core:ShareCapital 2024-01-26 09405244 core:SharePremium 2025-01-26 09405244 core:SharePremium 2024-01-26 09405244 core:RetainedEarningsAccumulatedLosses 2025-01-26 09405244 core:RetainedEarningsAccumulatedLosses 2024-01-26 09405244 core:ShareCapitalOrdinaryShareClass1 2025-01-26 09405244 core:ShareCapitalOrdinaryShareClass1 2024-01-26 09405244 core:RetainedEarningsAccumulatedLosses 2024-01-26 09405244 core:RetainedEarningsAccumulatedLosses 2023-01-31 09405244 core:FurnitureFittings 2024-01-27 2025-01-26 09405244 2023-02-01 2024-01-26 09405244 core:OtherPropertyPlantEquipment 2024-01-26 09405244 core:OtherPropertyPlantEquipment 2024-01-27 2025-01-26 09405244 2024-01-26 09405244 bus:OrdinaryShareClass1 2024-01-27 2025-01-26 09405244 bus:OrdinaryShareClass1 2025-01-26 09405244 bus:OrdinaryShareClass1 2024-01-26 09405244 bus:PrivateLimitedCompanyLtd 2024-01-27 2025-01-26 09405244 bus:SmallCompaniesRegimeForAccounts 2024-01-27 2025-01-26 09405244 bus:FRS102 2024-01-27 2025-01-26 09405244 bus:AuditExemptWithAccountantsReport 2024-01-27 2025-01-26 09405244 bus:FullAccounts 2024-01-27 2025-01-26 xbrli:pure xbrli:shares iso4217:GBP