REGISTERED NUMBER: 02615607 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

FOR

RINK MEWS DEVELOPMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J L Hinton

Mrs H L Hinton

REGISTERED OFFICE:

The Old Council Chambers

Halford Street

Tamworth

Staffordshire

B79 7RB

REGISTERED NUMBER:

02615607 (England and Wales)

ACCOUNTANTS:

Philip Barnes & Co Limited

Chartered Accountants

The Old Council Chambers

Halford Street

Tamworth

Staffordshire

B79 7RB

FIXED ASSETS

Tangible assets

4

10,547

10,796

Investment property

5

1,100,000

1,100,000

1,110,547

1,110,796

CURRENT ASSETS

Debtors

6

256,047

250,160

Cash at bank

39,103

32,483

295,150

282,643

CREDITORS

Amounts falling due within one year

7

149,155

151,716

NET CURRENT ASSETS

145,995

130,927

TOTAL ASSETS LESS CURRENT LIABILITIES

1,256,542

1,241,723

PROVISIONS FOR LIABILITIES

2,700

2,700

NET ASSETS

1,253,842

1,239,023

CAPITAL AND RESERVES

Called up share capital

8

100

100

Fair value reserve

9

855,952

855,952

Retained earnings

9

397,790

382,971

SHAREHOLDERS' FUNDS

1,253,842

1,239,023

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 April 2026 and were signed on its behalf by:

J L Hinton - Director

1.	STATUTORY INFORMATION

Rink Mews Development 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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 significant accounting policies applied in the preparation of the financial statements are set out below. These policies have been consistently applied to all periods presented unless otherwise stated.

Turnover

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

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

-

15% reducing balance

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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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 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.

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 year 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.

3.

EMPLOYEES

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

property

fittings

Totals

£

£

£

COST

At 1 August 2024

and 31 July 2025

11,968

3,256

15,224

DEPRECIATION

At 1 August 2024

1,235

3,193

4,428

Charge for year

239

10

249

At 31 July 2025

1,474

3,203

4,677

NET BOOK VALUE

At 31 July 2025

10,494

53

10,547

At 31 July 2024

10,733

63

10,796

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2024

and 31 July 2025

1,100,000

NET BOOK VALUE

At 31 July 2025

1,100,000

At 31 July 2024

1,100,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

256,047

250,160

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

16,424

18,425

Taxation and social security

32,516

33,176

Other creditors

100,215

100,115

149,155

151,716

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

9.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 August 2024

382,971

855,952

1,238,923

Profit for the year

77,819

77,819

Dividends

(63,000

)

(63,000

)

At 31 July 2025

397,790

855,952

1,253,742

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 July 2025 and 31 July 2024:

2025

2024

£

£

J L Hinton and Mrs H L Hinton

Balance outstanding at start of year

62,723

260,328

Amounts advanced

51,876

63,070

Amounts repaid

(63,000

)

(260,675

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

51,599

62,723

The directors loan balance was repaid within 9 months of the year end and interest was charged at HMRC's approved rate.

11.	RELATED PARTY DISCLOSURES

Other related parties

Amounts due from related parties at the balance sheet date was £204,137 (2024 - £187,487).

Amounts due to related parties at the balance sheet date was £12,315 (2024 - £12,315).

All balances are interest free and repayable upon demand.