IRIS Accounts Production v26.1.0.640 11388124 Board of Directors Board of Directors 1.6.25 31.12.25 31.12.25 0 0 false true false false true false Fair value model ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 11388124 2025-05-31 11388124 2025-12-31 11388124 2025-06-01 2025-12-31 11388124 2024-05-31 11388124 2024-06-01 2025-05-31 11388124 2025-05-31 11388124 ns15:EnglandWales 2025-06-01 2025-12-31 11388124 ns14:PoundSterling 2025-06-01 2025-12-31 11388124 ns10:Director1 2025-06-01 2025-12-31 11388124 ns10:Director2 2025-06-01 2025-12-31 11388124 ns10:PrivateLimitedCompanyLtd 2025-06-01 2025-12-31 11388124 ns10:SmallEntities 2025-06-01 2025-12-31 11388124 ns10:AuditExempt-NoAccountantsReport 2025-06-01 2025-12-31 11388124 ns10:SmallCompaniesRegimeForDirectorsReport 2025-06-01 2025-12-31 11388124 ns10:SmallCompaniesRegimeForAccounts 2025-06-01 2025-12-31 11388124 ns10:FullAccounts 2025-06-01 2025-12-31 11388124 ns10:OrdinaryShareClass1 2025-06-01 2025-12-31 11388124 ns10:RegisteredOffice 2025-06-01 2025-12-31 11388124 ns5:CurrentFinancialInstruments 2025-12-31 11388124 ns5:CurrentFinancialInstruments 2025-05-31 11388124 ns5:Non-currentFinancialInstruments 2025-12-31 11388124 ns5:Non-currentFinancialInstruments 2025-05-31 11388124 ns5:ShareCapital 2025-12-31 11388124 ns5:ShareCapital 2025-05-31 11388124 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 11388124 ns5:RetainedEarningsAccumulatedLosses 2025-05-31 11388124 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2025-12-31 11388124 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2025-05-31 11388124 ns5:MoreThanFiveYears ns5:Non-currentFinancialInstruments 2025-12-31 11388124 ns5:MoreThanFiveYears ns5:Non-currentFinancialInstruments 2025-05-31 11388124 ns5:Secured 2025-12-31 11388124 ns5:Secured 2025-05-31 11388124 ns10:OrdinaryShareClass1 2025-12-31

REGISTERED NUMBER: 11388124 (England and Wales)

FINANCIAL STATEMENTS

FOR THE PERIOD

1 JUNE 2025 TO 31 DECEMBER 2025

FOR

RICKARD DEVELOPMENT COMPANY LIMITED

RICKARD DEVELOPMENT COMPANY LIMITED (REGISTERED NUMBER: 11388124) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE PERIOD 1 JUNE 2025 TO 31 DECEMBER 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| RICKARD DEVELOPMENT COMPANY LIMITED |

COMPANY INFORMATION

FOR THE PERIOD 1 JUNE 2025 TO 31 DECEMBER 2025

| DIRECTORS: | D F Brooklyn

| S F Hempsall

| REGISTERED OFFICE: | Fox Hill Lodge

| Great Shelford

| Cambridge

| Cambridgeshire

| CB22 5AN

| REGISTERED NUMBER: | 11388124 (England and Wales)

| ACCOUNTANTS: | TC Group

| 1st Floor

| 5-7 Portugal Place

| Cambridge

| Cambridgeshire

| CB5 8AF

RICKARD DEVELOPMENT COMPANY LIMITED (REGISTERED NUMBER: 11388124) |

BALANCE SHEET

31 DECEMBER 2025

| 2025 |  | 2025

| Notes | £ | £ |

FIXED ASSETS

Investment property | 5 | 3,543,488 |  | 3,543,488 |  |

CURRENT ASSETS

Debtors | 6 | 51,395 |  | - |  |

Prepayments and accrued income | 1,465 |  | 13,002 |  |

Cash and cash equivalents | 7,077 |  | 31,874 |  |

59,937 |  | 44,876 |  |

CREDITORS

Amounts falling due within one year | 7 | (19,357 | ) | (19,580 | ) |

NET CURRENT ASSETS | 40,580 |  | 25,296 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 3,584,068 |  | 3,568,784 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (3,795,555 | ) | (3,855,544 | ) |

ACCRUALS AND DEFERRED INCOME | (30,324 | ) | (10,365 | ) |

NET LIABILITIES | (241,811 | ) | (297,125 | ) |

CAPITAL AND RESERVES

Called up share capital | 10 | 2 |  | 2 |  |

Retained earnings | (241,813 | ) | (297,127 | ) |

SHAREHOLDERS' FUNDS | (241,811 | ) | (297,125 | ) |

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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.

RICKARD DEVELOPMENT COMPANY LIMITED (REGISTERED NUMBER: 11388124) |

BALANCE SHEET - continued

31 DECEMBER 2025

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 14 May 2026 and were signed on its behalf by:

D F Brooklyn - Director

S F Hempsall - Director

RICKARD DEVELOPMENT COMPANY LIMITED (REGISTERED NUMBER: 11388124) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD 1 JUNE 2025 TO 31 DECEMBER 2025

1. | STATUTORY INFORMATION

| Rickard Development Company 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.

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

2. | STATEMENT OF COMPLIANCE

| 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.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention.

| At the balance sheet date current liabilities exceeded current assets by £241,811 ( 31 May 2025 - £297,125). The financial statements have been prepared on a going concern basis as the company continues to receive the support of the shareholders where required to ensure it meets all liabilities as they fall due.

| Related party exemption

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

| Turnover

| Turnover is rental income receivable net of value added tax.

| 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.

| Financial instruments

| Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was NIL (2025 - NIL).

RICKARD DEVELOPMENT COMPANY LIMITED (REGISTERED NUMBER: 11388124) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1 JUNE 2025 TO 31 DECEMBER 2025

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 June 2025

| and 31 December 2025 | 3,543,488 |  |

| NET BOOK VALUE

| At 31 December 2025 | 3,543,488 |  |

| At 31 May 2025 | 3,543,488 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2025 |

£ | £ |

| Trade debtors | 51,395 |  | - |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2025 |

£ | £ |

| Bank loans and overdrafts | 7,497 |  | 16,798 |  |

| VAT | 1,415 |  | 2,782 |  |

| Other creditors | 10,445 |  | - |  |

19,357 |  | 19,580 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2025 |

£ | £ |

| Bank loans - 1-2 years | 835,000 |  | 835,829 |  |

| Other loans - 1-2 years | 2,960,555 |  | 3,019,715 |  |

3,795,555 |  | 3,855,544 |  |

9. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2025 |

£ | £ |

| Bank loans | 842,497 |  | 852,627 |  |

| Bank loans are secured by way of a fixed charge against all company properties.

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2025 |

| value: | £ | £ |

| 2 | ordinary | £1 | 2 |  | 2 |  |