Room For Ideas Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 06788914 (England and Wales)

Financial Statements for the Year Ended 31 December 2025

for

Room For Ideas Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D C Admans

Mrs C E Admans

SECRETARY:

Mrs C E Admans

REGISTERED OFFICE:

3 French Laurence Way

Chalgrove

Oxfordshire

OX44 7YE

REGISTERED NUMBER:

06788914 (England and Wales)

ACCOUNTANTS:

K P Cox Accounting Ltd

20 Wynton Close

Didcot

Oxfordshire

OX11 6FG

FIXED ASSETS

Tangible assets

4

15,309

18,461

CURRENT ASSETS

Debtors

5

5,104

4,466

Investments

6

1,200

Cash at bank

184,934

140,005

191,238

145,671

CREDITORS

Amounts falling due within one year

7

40,996

15,231

NET CURRENT ASSETS

150,242

130,440

TOTAL ASSETS LESS CURRENT
LIABILITIES

165,551

148,901

CAPITAL AND RESERVES

Called up share capital

8

2

Retained earnings

9

165,549

148,899

SHAREHOLDERS' FUNDS

165,551

148,901

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

The members have not required the company to obtain an audit of its financial statements for the year 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.

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 31 May 2026 and were signed on its behalf by:

D C Admans - Director

1.	STATUTORY INFORMATION

Room For Ideas 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.

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.

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.

Plant and machinery etc

-

33% on cost, 25% on reducing balance, 20% on reducing balance and 15% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

54,385

Additions

1,165

Disposals

(583

)

At 31 December 2025

54,967

DEPRECIATION

At 1 January 2025

35,924

Charge for year

4,119

Eliminated on disposal

(385

)

At 31 December 2025

39,658

NET BOOK VALUE

At 31 December 2025

15,309

At 31 December 2024

18,461

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade debtors

3,416

2,778

Other debtors

1,688

5,104

4,466

6.	CURRENT ASSET INVESTMENTS

31.12.25

31.12.24

£

Unlisted investments

1,200

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade creditors

5,388

3,433

Tax

16,460

7,719

Social security and other taxes

131

-

VAT

5,564

2,143

Other creditors

2,615

562

Directors' current accounts

10,018

57

Accrued expenses

820

1,317

40,996

15,231

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

2

Ordinary

£1

2

9.

RESERVES

Retained

earnings

£

At 1 January 2025

148,899

Profit for the year

56,650

Dividends

(40,000

)

At 31 December 2025

165,549