REGISTERED NUMBER: 11557729 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

RIPE NOW PROPERTY LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R A Cullum

E Masias Malaga

L W Parkinson

REGISTERED OFFICE:

Network House

Station Yard

Thame

Oxfordshire

OX9 3UH

REGISTERED NUMBER:

11557729 (England and Wales)

AUDITORS:

HB&O Ltd

Chartered Accountants and Statutory Auditor

Highdown House

11 Highdown Road

Leamington Spa

Warwickshire

CV31 1XT

FIXED ASSETS

Tangible assets

4

981,156

7,066

Investment property

5

2,850,000

2,850,000

3,831,156

2,857,066

CURRENT ASSETS

Debtors

112,885

7,270

Cash at bank

92,339

14,054

205,224

21,324

CREDITORS

Amounts falling due within one year

1,173,048

108,902

NET CURRENT LIABILITIES

(967,824

)

(87,578

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,863,332

2,769,488

CREDITORS

Amounts falling due after more than one year

6

(1,145,678

)

(1,200,081

)

PROVISIONS FOR LIABILITIES

(42,133

)

(42,594

)

NET ASSETS

1,675,521

1,526,813

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

1,674,521

1,525,813

1,675,521

1,526,813

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 November 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 15 May 2026 and were signed on its behalf by:

R A Cullum - Director

1.	STATUTORY INFORMATION

Ripe Now Property Ltd 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 (£).

The financial statements represent the accounting period from 1 December 2024 to 30 November 2025 and will therefore not be entirely comparable with the previous accounting period.

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.

The accounts have been prepared in accordance with applicable accounting standards. The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year.

Going concern

At the period end the company had net current liabilities.

At the time of approving the financial statements, the directors have a reasonable expectation that, with continued group support, the company has adequate resources to continue in operational existence for the foreseeable future and meet its debts as they fall due.

Thus, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Critical accounting judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Critical accounting estimates

The following estimates have had the most significant effect on amounts recognised in the financial statements:

Valuation of investment property

The financial statements include an investment property held at valuation, which is a significant estimate. In order to arrive at a reliable estimate, the directors and key management may make use of professional valuers or else make their own assessments. However, significant changes to the assumptions underlying the calculations, or significant changes in market conditions could result in significant changes to the carrying value of investment property over the next financial period.

Tangible fixed assets

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

Fixtures & fittings

-

15% on cost

Assets under construction

-

not provided

Tangible fixed assets are carried at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

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

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement.

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 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 AND DIRECTORS

The average number of employees during the year was 3 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 December 2024

12,289

Additions

975,933

At 30 November 2025

988,222

DEPRECIATION

At 1 December 2024

5,223

Charge for year

1,843

At 30 November 2025

7,066

NET BOOK VALUE

At 30 November 2025

981,156

At 30 November 2024

7,066

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 December 2024

and 30 November 2025

2,850,000

NET BOOK VALUE

At 30 November 2025

2,850,000

At 30 November 2024

2,850,000

Fair value at 30 November 2025 is represented by:

£

Valuation in 2025

163,309

Cost

2,686,691

2,850,000

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

2025

2024

£

£

Repayable otherwise than by instalments

Bank loans

-

963,110

7.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

1,199,138

1,250,000

The bank loan is secured by way of a fixed and floating charge on the company's assets.

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Gregg Olner MPhil BA (Hons) FCA (Senior Statutory Auditor)

for and on behalf of HB&O Ltd

9.	CAPITAL COMMITMENTS

2025

2024

£

£

Contracted but not provided for in the

financial statements

524,000

-

10.	CONTROLLING INTERESTS

The company is controlled by Goldcup Fresh Holdings Limited.

Goldcup Fresh Holdings Limited is controlled by E Masias Malaga.