REGISTERED NUMBER: 04361872 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

RONAN DEVELOPMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mark Lyndon Ronan

REGISTERED OFFICE:

Upper Bagden House

Bagden Lane

Clayton West

Huddersfield

West Yorkshire

HD8 9LQ

REGISTERED NUMBER:

04361872 (England and Wales)

ACCOUNTANTS:

Walter Dawson & Son

Chartered Accountants

16 Omega Business Village

Thurston Road

Northallerton

North Yorkshire

DL6 2NJ

FIXED ASSETS

Tangible assets

3

149,915

178,240

CURRENT ASSETS

Stocks

1,018,000

748,000

Debtors

4

1,251,813

379,870

Cash at bank

41,173

1,168,091

2,310,986

2,295,961

CREDITORS

Amounts falling due within one year

5

305,134

294,076

NET CURRENT ASSETS

2,005,852

2,001,885

TOTAL ASSETS LESS CURRENT LIABILITIES

2,155,767

2,180,125

PROVISIONS FOR LIABILITIES

9,138

9,632

NET ASSETS

2,146,629

2,170,493

CAPITAL AND RESERVES

Called up share capital

300,000

300,000

Profit and loss account

1,846,629

1,870,493

2,146,629

2,170,493

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 8 April 2026 and were signed by:

Mark Lyndon Ronan - Director

1.	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.

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.

Leasehold Improvements

-

2% on cost

Plant and machinery

-

33% on cost

Fixtures and fittings

-

33% on cost

Motor vehicles

-

20% on reducing balance

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.

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 profit or loss in the period to which they relate.

Income recognition

Income is recognised when goods have been delivered to customers such that the risks and rewards of ownership have transferred to them.

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making

due allowance for obsolete and slow moving items.

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.

2.	EMPLOYEES AND DIRECTORS

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

3.	TANGIBLE FIXED ASSETS

Fixtures

Leasehold

Plant and

and

Motor

Improvements

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 October 2024

89,634

59,559

118,537

273,041

540,771

Additions

-

-

1,332

-

1,332

Disposals

-

-

(1,324

)

(41,021

)

(42,345

)

At 30 September 2025

89,634

59,559

118,545

232,020

499,758

DEPRECIATION

At 1 October 2024

12,513

59,458

116,293

174,267

362,531

Charge for year

1,793

78

1,810

18,202

21,883

Eliminated on disposal

-

-

(1,315

)

(33,256

)

(34,571

)

At 30 September 2025

14,306

59,536

116,788

159,213

349,843

NET BOOK VALUE

At 30 September 2025

75,328

23

1,757

72,807

149,915

At 30 September 2024

77,121

101

2,244

98,774

178,240

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

512,814

284,096

Amounts owed by related party

698,076

50,834

Other debtors

40,923

44,940

1,251,813

379,870

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

97,808

82,459

Taxation and social security

77,002

102,577

Other creditors

130,324

109,040

305,134

294,076

6.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the pension scheme are held separately from those of the company in an independently administered fund. The pension cost represents contributions payable by the company to the fund and amounted to £1,202 (2024: £1,187). Contributions totalling £nil (2024: £100) were payable to the fund at the year end and are included in creditors.

7.	RELATED PARTY DISCLOSURES

As at 30th September 2025 £61,076 (2024: £50,834) was owed from a connected company.

As at 30th September 2025 £37,000 (2024: £nil) was owed from a connected company.