| Rhosneigr Developments Ltd |
| Registered number: |
15480822 |
| Balance Sheet |
| as at 28 February 2026 |
|
| Notes |
|
|
2026 |
|
|
2025 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
3 |
|
|
353,364 |
|
|
353,364 |
| Tangible assets |
4 |
|
|
646,636 |
|
|
646,636 |
|
|
|
|
1,000,000 |
|
|
1,000,000 |
|
| Current assets |
| Debtors |
5 |
|
482,660 |
|
|
221,501 |
| Cash at bank and in hand |
|
|
2,975 |
|
|
5,010 |
|
|
|
485,635 |
|
|
226,511 |
|
| Creditors: amounts falling due within one year |
6 |
|
(1,629,702) |
|
|
(1,324,711) |
|
| Net current liabilities |
|
|
|
(1,144,067) |
|
|
(1,098,200) |
|
| Net liabilities |
|
|
|
(144,067) |
|
|
(98,200) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
(144,167) |
|
|
(98,300) |
|
| Shareholder's funds |
|
|
|
(144,067) |
|
|
(98,200) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Emma Erraji |
| Director |
| Approved by the board on 22 May 2026 |
|
| Rhosneigr Developments Ltd |
| Notes to the Accounts |
| for the year ended 28 February 2026 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Intangible fixed assets |
|
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life. Depreciation is not provided in the year of acquisition. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
| 2 |
Employees |
2026 |
|
2025 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Intangible fixed assets |
£ |
|
Goodwill: |
|
|
Cost |
|
At 1 March 2025 |
353,364 |
|
At 28 February 2026 |
353,364 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 28 February 2026 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 28 February 2026 |
353,364 |
|
At 28 February 2025 |
353,364 |
|
|
|
|
|
|
|
|
|
|
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years. |
|
|
| 4 |
Tangible fixed assets |
|
|
|
|
Land and buildings |
|
Plant and machinery etc |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 March 2025 |
625,000 |
|
21,636 |
|
646,636 |
|
At 28 February 2026 |
625,000 |
|
21,636 |
|
646,636 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 28 February 2026 |
- |
|
- |
|
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 28 February 2026 |
625,000 |
|
21,636 |
|
646,636 |
|
At 28 February 2025 |
625,000 |
|
21,636 |
|
646,636 |
|
|
| 5 |
Debtors |
2026 |
|
2025 |
| £ |
£ |
|
|
Inter-company debtors |
|
474,581 |
|
- |
|
Other debtors |
8,079 |
|
221,501 |
|
|
|
|
|
|
482,660 |
|
221,501 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Trade creditors |
1,619,702 |
|
175,000 |
|
Other creditors |
10,000 |
|
1,149,711 |
|
|
|
|
|
|
1,629,702 |
|
1,324,711 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
Rhosneigr Developments Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
C/O P1 Accounting Services Ltd |
|
C11 Tweedale Industrial Estate |
|
Madeley |
|
Telford |
|
TF7 4JR |