R.N.CLARK & CO.,LIMITED


Directors	CONNON, Alyson Richmond
	WATSON-CLARK, Douglas John
	WATSON-CLARK, Nigel Robert


Registered Address	Oakbank
	Scotby
	Carlisle
	CA4 8BE


Registered Number	00364818 (England and Wales)

Statement of Financial Position
30 September 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investment property	3		300,000		300,000
			300,000		300,000
Current assets
Debtors	4	103,783		105,390
Cash at bank and on hand		15,607		10,067
		119,390		115,457
Creditors amounts falling due within one year	5	(7,290)		(4,346)
Net current assets (liabilities)			112,100		111,111
Total assets less current liabilities			412,100		411,111
Net assets			412,100		411,111
Capital and reserves
Called up share capital			1,500		1,500
Other reserves			281,402		281,402
Profit and loss account			129,198		128,209
Shareholders' funds			412,100		411,111

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 19 June 2026, and are signed on its behalf by:

CONNON, Alyson Richmond
Director

WATSON-CLARK, Douglas John
Director

WATSON-CLARK, Nigel Robert
Director

Registered Company No. 00364818

R.N.CLARK & CO.,LIMITED

Notes to the Financial Statements
for the year ended 30 September 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services.

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Investment property
	Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate. These values are adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Income Statement.

	Financial instruments
	The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	3		3

3.	Investment property
	The 2023 valuations were made by the directors, on an open market value for existing use basis. Had the investment properties been measured at historical cost the amount would have been £46,509.


		£
	Fair value at 01 October 24	300,000
	At 30 September 25	300,000

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	2,667	6,110
Other debtors	101,116	99,280
Total	103,783	105,390


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	3,000	2,000
Taxation and social security	1,405	-
Other creditors	480	101
Accrued liabilities and deferred income	2,405	2,245
Total	7,290	4,346


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6.	Related party transactions
	On 1 October 2024 the company owed the Director's £101. During the period the directors were repaid £nil and made further advances of £3,379. At 30 September 2025 the company owed the Directors’ £3,480. No interest was charged on this loan and the loan is repayable on demand. On 1 October 2024 R N Clark & Co Limited was owed £99,279 from a company in which the Directors are also directors. During the period the company repaid £Nil and made further advances of £1,837. At 30 September 2025 the R N Clark & Co Limited was owed £101,116. No interest was charged on this loan and the loan is repayable on demand.

Related party transactions

On 1 October 2024 the company owed the Director's £101. During the period the directors were repaid £nil and made further advances of £3,379. At 30 September 2025 the company owed the Directors’ £3,480. No interest was charged on this loan and the loan is repayable on demand.

On 1 October 2024 R N Clark & Co Limited was owed £99,279 from a company in which the Directors are also directors. During the period the company repaid £Nil and made further advances of £1,837. At 30 September 2025 the R N Clark & Co Limited was owed £101,116. No interest was charged on this loan and the loan is repayable on demand.