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Company No: 06779183 (England and Wales)

# RANSOMSPARES.CO.UK LIMITED

### Unaudited Financial Statements
For the financial year ended 31 December 2025
Pages for filing with the registrar

RANSOMSPARES.CO.UK LIMITED

## Unaudited Financial Statements

For the financial year ended 31 December 2025

Contents

RANSOMSPARES.CO.UK LIMITED

## BALANCE SHEET

As at 31 December 2025
RANSOMSPARES.CO.UK LIMITED

## BALANCE SHEET (continued)

As at 31 December 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 4 | 228,682 |  | 359,877
Investments | 5 | 258,318 |  | 437,600
|  | 487,000 |  | 797,477
Current assets |  |  |  |
Stocks |  | 622,641 |  | 610,489
Debtors | 6 | 220,284 |  | 335,574
Cash at bank and in hand |  | 684,965 |  | 463,101
|  | 1,527,890 |  | 1,409,164
Creditors: amounts falling due within one year | 7 | ( 1,191,582) |  | ( 645,032)
Net current assets |  | 336,308 |  | 764,132
Total assets less current liabilities |  | 823,308 |  | 1,561,609
Provision for liabilities | 8 | 0 |  | ( 86,554)
Net assets |  | 823,308 |  | 1,475,055
Capital and reserves |  |  |  |
Called-up share capital |  | 100 |  | 100
Profit and loss account |  | 823,208 |  | 1,474,955
Total shareholders' funds |  | 823,308 |  | 1,475,055

For the financial 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.

Directors' responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Ransomspares.co.uk Limited (registered number: 06779183) were approved and authorised for issue by the Board of Directors on 13 April 2026. They were signed on its behalf by:

L M Gilbert Director |  | D Gilbert Director

RANSOMSPARES.CO.UK LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025
RANSOMSPARES.CO.UK LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Ransomspares.co.uk Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit 3 Flushing Meadow, Yeobridge Trade Park, Yeovil, BA21 5DL, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

##### Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date that are expected to apply when the timing differences reverse. Deferred tax assets and liabilities are not discounted.
Deferred tax liabilities are presented within provisions for liabilities on the balance sheet.

##### Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill | 4 years straight line

###### Goodwill

Goodwill arises on business combinations and represents any excess of consideration given over the fair value of the identifiable assets and liabilities acquired. Goodwill is initially recognised as an intangible asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Leasehold improvements | 10 years straight line
Vehicles | 10 years straight line
Fixtures and fittings | 20 % reducing balance
Computer equipment | 33 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

##### Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.
At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

Other financial assets
Other financial assets, including investments in cryptocurrencies, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss.

##### Ordinary share capital

The ordinary share capital of the Company is presented as equity.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 25 |  | 24

#### 3. Intangible assets

| Goodwill |  | Total
| £ |  | £
Cost |  |  |
At 01 January 2025 | 24,000 |  | 24,000
At 31 December 2025 | 24,000 |  | 24,000
Accumulated amortisation |  |  |
At 01 January 2025 | 24,000 |  | 24,000
At 31 December 2025 | 24,000 |  | 24,000
Net book value |  |  |
At 31 December 2025 | 0 |  | 0
At 31 December 2024 | 0 |  | 0

#### 4. Tangible assets

| Leasehold improve- ments |  | Vehicles |  | Fixtures and fittings |  | Computer equipment |  | Total
| £ |  | £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |  |  |
At 01 January 2025 | 112,763 |  | 274,873 |  | 39,560 |  | 181,638 |  | 608,834
Additions | 0 |  | 0 |  | 633 |  | 4,269 |  | 4,902
Disposals | 0 |  | ( 116,270) |  | 0 |  | 0 |  | ( 116,270)
At 31 December 2025 | 112,763 |  | 158,603 |  | 40,193 |  | 185,907 |  | 497,466
Accumulated depreciation |  |  |  |  |  |  |  |  |
At 01 January 2025 | 32,868 |  | 63,743 |  | 30,282 |  | 122,064 |  | 248,957
Charge for the financial year | 10,061 |  | 15,860 |  | 1,930 |  | 20,559 |  | 48,410
Disposals | 0 |  | ( 28,583) |  | 0 |  | 0 |  | ( 28,583)
At 31 December 2025 | 42,929 |  | 51,020 |  | 32,212 |  | 142,623 |  | 268,784
Net book value |  |  |  |  |  |  |  |  |
At 31 December 2025 | 69,834 |  | 107,583 |  | 7,981 |  | 43,284 |  | 228,682
At 31 December 2024 | 79,895 |  | 211,130 |  | 9,278 |  | 59,574 |  | 359,877

#### 5. Fixed asset investments

| Other investments |  | Total
| £ |  | £
Cost or valuation before impairment |  |  |
At 01 January 2025 | 950,000 |  | 950,000
At 31 December 2025 | 950,000 |  | 950,000
Provisions for impairment |  |  |
At 01 January 2025 | 512,400 |  | 512,400
Impairment | 179,282 |  | 179,282
At 31 December 2025 | 691,682 |  | 691,682
Carrying value at 31 December 2025 | 258,318 |  | 258,318
Carrying value at 31 December 2024 | 437,600 |  | 437,600

The other investments (cryptocurrency) were revalued at 31 December 2025 by the directors on an open market basis. The directors have considered the valuation of all other investments at the balance sheet date and the conclusion drawn is that they remain materially correct.

#### 6. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 36,116 |  | 0
Amounts owed by directors | 1,400 |  | 189,762
Prepayments | 10,698 |  | 10,380
Corporation tax | 0 |  | 65,295
Other debtors | 172,070 |  | 70,137
| 220,284 |  | 335,574

#### 7. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Trade creditors | 949,257 |  | 462,460
Accruals | 36,592 |  | 22,139
Other taxation and social security | 199,742 |  | 155,560
Other creditors | 5,991 |  | 4,873
| 1,191,582 |  | 645,032

#### 8. Provision for liabilities

| 2025 |  | 2024
| £ |  | £
Deferred tax | 0 |  | 86,554

#### 9. Related party transactions

Transactions with the entity's directors

Advances

The directors loan account(s) are repayable on demand and interest has been charged on overdrawn balance(s) exceeding £10,000 at the official HMRC rates.
At 1 January 2025 the balance owed from the directors was £189,762. During the year, the company made advances to directors amounting to £10,134 and received repayments of £189,762 leaving a balance due from the directors of £10,134.
At 1 January 2024 the balance owed from the directors was £159,181. During the year, the company made advances to directors amounting to £200,581 and received repayments of £170,000 leaving a balance due from the directors of £189,762.