REGISTERED NUMBER: 08235749 (England and Wales)

Financial Statements

for the Year Ended 30 September 2025

for

RJK Projects Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R J Kirkland

I A Reynolds

REGISTERED OFFICE:

Overley House

Overley Lane

Alrewas

Burton-on-Trent

Staffordshire

DE13 7DF

REGISTERED NUMBER:

08235749 (England and Wales)

AUDITORS:

Bourne & Co

Statutory Auditors

6 Lichfield Street

Burton-on-Trent

Staffordshire

DE14 3RD

FIXED ASSETS

Tangible assets

4

682,450

548,463

CURRENT ASSETS

Debtors

5

2,702,118

3,778,657

Cash at bank and in hand

281,911

158,574

2,984,029

3,937,231

CREDITORS

Amounts falling due within one year

6

1,315,702

2,312,768

NET CURRENT ASSETS

1,668,327

1,624,463

TOTAL ASSETS LESS CURRENT LIABILITIES

2,350,777

2,172,926

CREDITORS

Amounts falling due after more than one year

7

(294,798

)

(174,990

)

PROVISIONS FOR LIABILITIES

9

(78,910

)

(113,010

)

NET ASSETS

1,977,069

1,884,926

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

1,976,969

1,884,826

SHAREHOLDERS' FUNDS

1,977,069

1,884,926

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 8 June 2026 and were signed on its behalf by:

R J Kirkland - Director

1.	STATUTORY INFORMATION

RJK Projects 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.

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.

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 recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised.

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

- the amount of turnover can be measured reliably.

- it is probable that the Company will receive the consideration due under the contract.

- the stage of completion of the contract at the end of the reporting period can be measured reliably and

- the costs incurred and the costs to complete the contract can be measured reliably.

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery - 15% reducing balance

Motor vehicles - 25% reducing balance

Office equipment - 15% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively, if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible

to known amounts of cash with insignificant risk of change in value.

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.

Finance costs

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Pension

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a seperate entity. Once the contributions have been paid the Company has no further obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held seperately from the Company in independently administered funds.

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 October 2024

492,088

68,023

301,030

861,141

Additions

-

-

293,800

293,800

Disposals

(29,500

)

-

(20,620

)

(50,120

)

At 30 September 2025

462,588

68,023

574,210

1,104,821

DEPRECIATION

At 1 October 2024

155,141

48,107

109,430

312,678

Charge for year

48,862

2,959

80,542

132,363

Eliminated on disposal

(18,374

)

-

(4,296

)

(22,670

)

At 30 September 2025

185,629

51,066

185,676

422,371

NET BOOK VALUE

At 30 September 2025

276,959

16,957

388,534

682,450

At 30 September 2024

336,947

19,916

191,600

548,463

The net book value of tangible fixed assets held under finance leases or hire purchase contracts at 30 September 2025 was £534,114 (2024: £480,309), comprising plant and machinery of £245,405 (2024: £288,709) and motor vehicles of £333,211 (2024: £191,600).

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

as

restated

£

£

Trade debtors

18,839

1,057,057

Amounts owed by group undertakings

503,160

-

Other debtors

1,713,580

1,827,680

Tax

439,773

301,567

Prepayments and accrued income

26,766

592,353

2,702,118

3,778,657

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

as

restated

£

£

Hire purchase contracts (see note 8)

100,240

144,501

Trade creditors

873,124

761,260

Tax

203,107

397,097

Social security and other taxes

54,639

53,136

Other creditors

38,331

832,688

Accruals and deferred income

46,261

124,086

1,315,702

2,312,768

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

as

restated

£

£

Hire purchase contracts (see note 8)

294,798

174,990

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

30.9.25

30.9.24

as

restated

£

£

Net obligations repayable:

Within one year

100,240

144,501

Between one and five years

294,798

174,990

395,038

319,491

Non-cancellable

operating leases

30.9.25

30.9.24

as

restated

£

£

Within one year

4,224

4,224

Between one and five years

3,520

7,744

7,744

11,968

9.	PROVISIONS FOR LIABILITIES

30.9.25

30.9.24

as

restated

£

£

Deferred tax

Accelerated capital allowances

78,910

114,010

Short term timing differences

-

(1,000

)

78,910

113,010

Deferred

tax

£

Balance at 1 October 2024

113,010

Provided during year

(34,100

)

Balance at 30 September 2025

78,910

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.25

30.9.24

value:

as restated

£

£

50

IAR shares

£1

50

50

50

RJK shares

£1

50

50

100

100

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

The Report of the Auditors was unqualified.

David Meadows BA FCA (Senior Statutory Auditor)

for and on behalf of Bourne & Co

12.	PENSION COMMITMENTS

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund.

The pension cost charge represents contributions payable by the Company to the fund and amounted to £31,017 (2024 - £30,756). Contributions totalling £831 were payable to the fund (2024 - £3,973) at the balance sheet date and are included in creditors.

13.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, amounts were advanced to directors totalling £775,868 (2024 - £1,035,167). amounts were repaid totalling £443,691 (2024 - £1,059,333). Interest of £38,746 (2024 - £146,395) has been charged to the directors. At the balance sheet date an amount of £1,303.031 is owed to the company by the directors (2024 - £893,532).

14.	ULTIMATE CONTROLLING PARTY

The controlling party is Maplevale Holdings Limited.

On 1 October 2024, Maplevale Holdings Ltd became the company’s immediate and ultimate parent undertaking following a share-for-share exchange.

The directors consider Maplevale Holdings Ltd to be the company’s ultimate controlling party as at the balance sheet date by virtue of its ownership of the company’s share capital.