0 false false false false false false false false false false true false false false false false false No description of principal activity 2024-08-01 Sage Accounts Production Advanced 2024 - FRS102_2024 152,436 122,647 14,039 136,686 15,750 29,789 xbrli:pure xbrli:shares iso4217:GBP NI608277 2024-08-01 2025-07-31 NI608277 2025-07-31 NI608277 2024-07-31 NI608277 2023-08-01 2024-07-31 NI608277 2024-07-31 NI608277 2023-07-31 NI608277 core:FurnitureFittings 2024-08-01 2025-07-31 NI608277 bus:Director2 2024-08-01 2025-07-31 NI608277 core:FurnitureFittings 2024-07-31 NI608277 core:FurnitureFittings 2025-07-31 NI608277 core:AfterOneYear 2025-07-31 NI608277 core:AfterOneYear 2024-07-31 NI608277 core:WithinOneYear 2025-07-31 NI608277 core:WithinOneYear 2024-07-31 NI608277 core:ShareCapital 2025-07-31 NI608277 core:ShareCapital 2024-07-31 NI608277 core:RetainedEarningsAccumulatedLosses 2025-07-31 NI608277 core:RetainedEarningsAccumulatedLosses 2024-07-31 NI608277 core:FurnitureFittings 2024-07-31 NI608277 bus:SmallEntities 2024-08-01 2025-07-31 NI608277 bus:AuditExemptWithAccountantsReport 2024-08-01 2025-07-31 NI608277 bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 NI608277 bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 NI608277 bus:FullAccounts 2024-08-01 2025-07-31
COMPANY REGISTRATION NUMBER: NI608277

RKO Developments Limited

Filleted Unaudited Financial Statements

For the year ended

31 July 2025

RKO Developments Limited

Statement of Financial Position

31 July 2025

| 2025 | 2024
Note | £ | £ | £

Fixed assets

Tangible assets | 4 |  | 15,750 | 29,789

Current assets

Debtors | 5 | 21,960 |  | 23,770
Cash at bank and in hand | 2,663 |  | 202
| -------- |  | --------
| 24,623 |  | 23,972

Creditors: amounts falling due within one year | 6 | 612,154 |  | 606,421
| --------- |  | ---------
Net current liabilities |  | 587,531 | 582,449
|  | --------- | ---------
Total assets less current liabilities |  | ( 571,781) | ( 552,660)

Creditors: amounts falling due after more than one year | 7 |  | 8,657 | 17,256
|  | --------- | ---------
Net liabilities |  | ( 580,438) | ( 569,916)
|  | --------- | ---------

Capital and reserves

Called up share capital |  | 2 | 2
Profit and loss account |  | ( 580,440) | ( 569,918)
|  | --------- | ---------
Shareholder deficit |  | ( 580,438) | ( 569,916)
|  | --------- | ---------

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 income and retained earnings has not been delivered.
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

RKO Developments Limited

Statement of Financial Position (continued)

31 July 2025
These financial statements were approved by the board of directors and authorised for issue on 14 April 2026 , and are signed on behalf of the board by:

Ms C E Leak |
Director |

Company registration number: NI608277

RKO Developments Limited

Notes to the Financial Statements

Year ended 31 July 2025
1. General information
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is Bridge House 3, Bridge Street Kilkeel, Newry, County Down, Northern Ireland, BT34 4AD.
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.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
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.
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.
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:

| Fixtures and fittings | - | 20% straight line

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
4. Tangible assets

| Fixtures and fittings | Total
| £ | £
Cost |  |
At 1 August 2024 and 31 July 2025 | 152,436 | 152,436
| --------- | ---------
Depreciation |  |
At 1 August 2024 | 122,647 | 122,647
Charge for the year | 14,039 | 14,039
| --------- | ---------
At 31 July 2025 | 136,686 | 136,686
| --------- | ---------
Carrying amount |  |
At 31 July 2025 | 15,750 | 15,750
| --------- | ---------
At 31 July 2024 | 29,789 | 29,789
| --------- | ---------

5. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 21,958 | 21,958
Other debtors | 2 | 1,812
| -------- | --------
| 21,960 | 23,770
| -------- | --------

6. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Social security and other taxes | 1,133 | –
Other creditors | 611,021 | 606,421
| --------- | ---------
| 612,154 | 606,421
| --------- | ---------

7. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 8,657 | 17,256
| ------- | --------