REGISTERED NUMBER: 00856086 (England and Wales)

RALPH MARKS CONSTRUCTION LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr G W Marks

Mrs A A Peak

REGISTERED OFFICE:

Bridge Court

Bridge Street

Long Eaton

Nottinghamshire

NG10 4QQ

REGISTERED NUMBER:

00856086 (England and Wales)

ACCOUNTANTS:

Duncan and Toplis Limited

Pinnacle House

1 Pinnacle Way

Derby

Derbyshire

DE24 8ZS

FIXED ASSETS

Tangible assets

4

15,783

7,320

Investments

5

100

100

Investment property

6

1,470,400

1,470,400

1,486,283

1,477,820

CURRENT ASSETS

Stocks

746,168

836,870

Debtors

7

115,253

111,067

Cash at bank

535,038

607,028

1,396,459

1,554,965

CREDITORS

Amounts falling due within one year

8

836,535

945,869

NET CURRENT ASSETS

559,924

609,096

TOTAL ASSETS LESS CURRENT LIABILITIES

2,046,207

2,086,916

CREDITORS

Amounts falling due after more than one year

9

(5,251

)

(52,646

)

PROVISIONS FOR LIABILITIES

(3,946

)

(1,830

)

NET ASSETS

2,037,010

2,032,440

CAPITAL AND RESERVES

Called up share capital

10

3,400

3,400

Revaluation reserve

11

1,130,967

1,130,967

Retained earnings

902,643

898,073

SHAREHOLDERS' FUNDS

2,037,010

2,032,440

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 May 2026 and were signed on its behalf by:

Mr G W Marks - Director

1.	STATUTORY INFORMATION

Ralph Marks Construction 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.	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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements

The financial statements contain information about Ralph Marks Construction Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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 measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Construction contracts

When the outcome of a construction contract can be estimated reliably, contract costs and turnover are recognised by reference to the stage of completion at the statement of financial position date. Stage of completion is measured by reference to the date of the invoice.

Where the outcome cannot be measured reliably, contract costs are recognised as an expense in the period in which they are incurred and contract turnover is recognised to the extent of costs incurred that it is probable will be recoverable.

When it is probable that contract costs will exceed the total contract turnover, the expected loss is recognised as an expense immediately, with a corresponding provision.Turnover represents rents and other income from property investments excluding VAT.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the income statement.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Financial instruments

The company has chosen to adopt the FRS102 1A in respect of financial instruments.

Basic financial assets, including trade and other debtors and cash and bank balances are initially recognised at transaction price, unless the arrangement constitute a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

At the end of each reporting period, financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in the income statement.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position balance sheetdate.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the income statement in the period to which they relate.

Rental income

Rental income is recognised in the income statement on a straight-line basis over the term of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 September 2024

18,196

59,819

37,458

3,806

119,279

Additions

-

-

13,700

-

13,700

Disposals

-

-

(14,545

)

-

(14,545

)

At 31 August 2025

18,196

59,819

36,613

3,806

118,434

DEPRECIATION

At 1 September 2024

17,815

58,565

33,040

2,539

111,959

Charge for year

57

188

4,481

317

5,043

Eliminated on disposal

-

-

(14,351

)

-

(14,351

)

At 31 August 2025

17,872

58,753

23,170

2,856

102,651

NET BOOK VALUE

At 31 August 2025

324

1,066

13,443

950

15,783

At 31 August 2024

381

1,254

4,418

1,267

7,320

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 September 2024

and 31 August 2025

100

NET BOOK VALUE

At 31 August 2025

100

At 31 August 2024

100

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

and 31 August 2025

1,470,400

NET BOOK VALUE

At 31 August 2025

1,470,400

At 31 August 2024

1,470,400

Fair value at 31 August 2025 is represented by:

£

Valuation in 2023

1,130,967

Cost

339,433

1,470,400

If investment property had not been revalued it would have been included at the following historical cost:

31.8.25

31.8.24

£

£

Cost

339,433

339,433

Investment property was valued on an open market basis on 31 August 2023 by the directors .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

66,444

53,828

Other debtors

12,001

12,490

VAT

5,319

740

Prepayments and accrued income

31,489

44,009

115,253

111,067

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

10,582

63,749

Trade creditors

90,198

63,138

Amounts owed to group undertakings

252,886

238,782

Tax

8,499

17,420

Social security and other taxes

1,355

7,430

Other creditors

221,528

215,064

Directors' current accounts

122,387

216,436

Accruals and deferred income

129,100

123,850

836,535

945,869

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans - 1-2 years

5,251

39,603

Bank loans - 2-5 years

-

13,043

5,251

52,646

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

£

3,400

Ordinary shares

£1

3,400

3,400

11.

RESERVES

Revaluation

reserve

£

At 1 September 2024

and 31 August 2025

1,130,967