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COMPANY REGISTRATION NUMBER: 08657072

Ringley Park Properties Limited

Filleted Unaudited Financial Statements

30 June 2025

Ringley Park Properties Limited

Financial Statements

Year ended 30 June 2025

Contents | Page

Chartered accountants report to the board of directors on the preparation of the unaudited statutory financial statements | 1

Statement of financial position | 2

Notes to the financial statements | 4

Ringley Park Properties Limited

Chartered Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Ringley Park Properties Limited

Year ended 30 June 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ringley Park Properties Limited for the year ended 30 June 2025, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at www.icas.com/accountspreparationguidance. This report is made solely to the Board of Directors of Ringley Park Properties Limited, as a body. Our work has been undertaken solely to prepare for your approval the financial statements of Ringley Park Properties Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with the requirements of ICAS as detailed at www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ringley Park Properties Limited and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that Ringley Park Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ringley Park Properties Limited. You consider that Ringley Park Properties Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Ringley Park Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
GILLILAND & COMPANY Chartered Accountants
216 West George Street Glasgow G2 2PQ
13 April 2026

Ringley Park Properties Limited

Statement of Financial Position

30 June 2025

| 2025 | 2024
Note | £ | £ | £

Fixed assets

Tangible assets | 5 |  | 5,133,353 | 4,923,308

Current assets

Debtors | 6 | 575,960 |  | 457,494
Cash at bank and in hand | 142,190 |  | 107,312
| --------- |  | ---------
| 718,150 |  | 564,806

Creditors: amounts falling due within one year | 7 | 699,046 |  | 800,253
| --------- |  | ---------
Net current assets/(liabilities) |  | 19,104 | ( 235,447)
|  | ------------ | ------------
Total assets less current liabilities |  | 5,152,457 | 4,687,861

Creditors: amounts falling due after more than one year | 8 |  | 2,657,508 | 2,449,508

Provisions

Taxation including deferred tax |  | 519,448 | 464,100
|  | ------------ | ------------
Net assets |  | 1,975,501 | 1,774,253
|  | ------------ | ------------

Capital and reserves

Called up share capital |  | 1 | 1
Non-distributable reserves |  | 1,645,580 | 1,479,674
Profit and loss account |  | 329,920 | 294,578
|  | ------------ | ------------
Shareholders funds |  | 1,975,501 | 1,774,253
|  | ------------ | ------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Ringley Park Properties Limited

Statement of Financial Position (continued)

30 June 2025
These financial statements were approved by the board of directors and authorised for issue on 13 April 2026 , and are signed on behalf of the board by:

Mr R A Caplan
Director

Company registration number: 08657072

Ringley Park Properties Limited

Notes to the Financial Statements

Year ended 30 June 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 5 Bollinway, Hale, Cheshire, England, WA150NZ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Equipment | - | 25% reducing balance

Investment property
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).
5. Tangible assets

| Land and buildings | Equipment | Total
| £ | £ | £
Cost or valuation |  |  |
At 1 July 2024 | 4,920,000 | 4,318 | 4,924,318
Additions | 3,105 | 1,074 | 4,179
Disposals | ( 25,000) | – | ( 25,000)
Revaluations | 231,895 | – | 231,895
| ------------ | ------- | ------------
At 30 June 2025 | 5,130,000 | 5,392 | 5,135,392
| ------------ | ------- | ------------
Depreciation |  |  |
At 1 July 2024 | – | 1,010 | 1,010
Charge for the year | – | 1,029 | 1,029
| ------------ | ------- | ------------
At 30 June 2025 | – | 2,039 | 2,039
| ------------ | ------- | ------------
Carrying amount |  |  |
At 30 June 2025 | 5,130,000 | 3,353 | 5,133,353
| ------------ | ------- | ------------
At 30 June 2024 | 4,920,000 | 3,308 | 4,923,308
| ------------ | ------- | ------------

The company's investment properties were valued by the directors at the year end after taking appropriate professional advice. In accordance with Financial Reporting Standard 102, investment properties are revalued with any surplus or deficit being transferred to a non-distributable reserve. Accordingly, such assets are not depreciated as this would conflict in the Directors' opinion, with the requirement to give a true and fair view. It is not possible to quantify the depreciation which would otherwise have been charged.
6. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 12,414 | 13,204
Other debtors | 563,546 | 444,290
| --------- | ---------
| 575,960 | 457,494
| --------- | ---------

7. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Trade creditors | 8,873 | 3,202
Corporation tax | 41,871 | 53,726
Other creditors | 648,302 | 743,325
| --------- | ---------
| 699,046 | 800,253
| --------- | ---------

Bank of Scotland Plc has been granted standard securities over the property portfolio in respect of term loan borrowings.
8. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 2,657,508 | 2,449,508
| ------------ | ------------

9. Directors' advances, credits and guarantees
As at 30th June 2025 Mr and Mrs Caplan were owed £640,843 (2024: £738,680). This amount is interest free, unsecured and has no fixed date for repayment.
10. Related party transactions
At the 30th June 2025 an amount of £27,028 (2024: £31,193) was due to Ecosse Estates Limited, a company in which Mr & Mrs Caplan have an interest. At the 30th June 2025 an amount of £45,723 (2024: £58,223) was due from RIMO Properties Limited, a company in which Mr R A Caplan has an interest. At the 30th June 2025 an amount of £21,823 (2024: £44,823) was due from Discount Plumbing Direct Limited, a company in which Mr R A Caplan has an interest. At the 30th June 2025 an amount of £1,680 (2024: £1,680) was due from Boychick Limited, a company in which Mr R A Caplan has an interest. The amounts mentioned above are interest free, unsecured and have no fixed date for repayment.
11. Controlling party
The company was under the control of Mr R A Caplan and Mrs A T Caplan throughout the current and previous years.