REGISTERED NUMBER: 05064597 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

RATCLIFF & BURRIDGE CONSTRUCTION LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A J Burridge

G J Ratcliff

D Ratcliff

S Burridge

REGISTERED OFFICE:

Cannons Yard

Bedlars Green

Great Hallingbury

Bishop's Stortford

Herts

CM22 7UZ

REGISTERED NUMBER:

05064597 (England and Wales)

ACCOUNTANTS:

Barrow LLP

Rae House

Dane Street

Bishops Stortford

Herts

CM23 3BT

FIXED ASSETS

Tangible assets

5

176,104

141,201

CURRENT ASSETS

Stocks

98,499

58,523

Debtors

6

348,072

463,578

Cash at bank and in hand

631,473

515,279

1,078,044

1,037,380

CREDITORS

Amounts falling due within one year

7

(784,508

)

(816,512

)

NET CURRENT ASSETS

293,536

220,868

TOTAL ASSETS LESS CURRENT LIABILITIES

469,640

362,069

CREDITORS

Amounts falling due after more than one year

8

(29,890

)

(28,190

)

PROVISIONS FOR LIABILITIES

(43,840

)

(35,102

)

NET ASSETS

395,910

298,777

CAPITAL AND RESERVES

Called up share capital

10

2

2

Retained earnings

395,908

298,775

SHAREHOLDERS' FUNDS

395,910

298,777

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Profit and Loss Account and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 June 2026 and were signed on its behalf by:

G J Ratcliff - Director

1.	STATUTORY INFORMATION

Ratcliff & Burridge Construction 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 (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced work done, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant & machinery

-

33% on cost

Motor vehicles

-

25% on reducing balance

Office equipment

-

33% on cost

Stocks

Work in progress is valued at net realisable value after taking account of future losses.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instruments.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes, in effect, a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Other financial instruments are initially recognised at fair value, unless payment for an asset is deferred upon normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account and Retained Earnings, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2024 - 13 ) .

5.	TANGIBLE FIXED ASSETS

Portable

Plant &

Motor

Office

Cabin

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 November 2024

-

10,261

214,610

45,729

270,600

Additions

19,743

1,791

48,605

14,330

84,469

Disposals

-

-

-

(15,836

)

(15,836

)

At 31 October 2025

19,743

12,052

263,215

44,223

339,233

DEPRECIATION

At 1 November 2024

-

9,374

79,417

40,608

129,399

Charge for year

1,482

821

41,663

5,600

49,566

Eliminated on disposal

-

-

-

(15,836

)

(15,836

)

At 31 October 2025

1,482

10,195

121,080

30,372

163,129

NET BOOK VALUE

At 31 October 2025

18,261

1,857

142,135

13,851

176,104

At 31 October 2024

-

887

135,193

5,121

141,201

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 November 2024

190,960

Additions

48,605

Transfer to ownership

(81,114

)

At 31 October 2025

158,451

DEPRECIATION

At 1 November 2024

65,177

Charge for year

28,830

Transfer to ownership

(39,194

)

At 31 October 2025

54,813

NET BOOK VALUE

At 31 October 2025

103,638

At 31 October 2024

125,783

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

327,235

445,831

Other debtors

20,837

17,747

348,072

463,578

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts

5,834

10,000

Hire purchase contracts

39,370

36,088

Trade creditors

302,931

376,089

Taxation and social security

320,349

285,671

Other creditors

116,024

108,664

784,508

816,512

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans

-

5,834

Hire purchase contracts

29,890

22,356

29,890

28,190

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.10.25

31.10.24

£

£

Hire purchase contracts

69,260

58,444

The hire purchase liabilities are secured by the related assets.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

£

2

Ordinary

£1

2

2