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Company Registration No. 07780747 (England and Wales)
Retail Project Associates Ltd Unaudited accounts for the year ended 30 April 2026
Retail Project Associates Ltd Unaudited accounts Contents
Page
Statement of financial position
3
Notes to the accounts
4
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Retail Project Associates Ltd Statement of financial position as at 30 April 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
265,889
60,751
Investments
5
213,442
690,038
479,331
750,789
Current assets
Debtors
6
365,550
176
Cash at bank and in hand
-
46,613
365,550
46,789
Creditors: amounts falling due within one year
7
(151,657)
(99,690)
Net current assets/(liabilities)
213,893
(52,901)
Total assets less current liabilities
693,224
697,888
Creditors: amounts falling due after more than one year
8
(40,213)
(51,531)
Provisions for liabilities
Deferred tax
(20,944)
(38,567)
Net assets
632,067
607,790
Capital and reserves
Called up share capital
1
1
Profit and loss account
632,066
607,789
Shareholders' funds
632,067
607,790
For the year ending 30 April 2026 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 June 2026 and were signed on its behalf by
Mark Richard Shaw Director Company Registration No. 07780747
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Retail Project Associates Ltd Notes to the Accounts for the year ended 30 April 2026
1
Statutory information
Retail Project Associates Ltd is a private company, limited by shares, registered in England and Wales, registration number 07780747. The registered office is Crake Trees Manor, Crosby Ravensworth, Penrith, Cumbria, CA10 3JG, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight Line
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Straight Line
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Investments
Investments in shares are included at fair value.
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Retail Project Associates Ltd Notes to the Accounts for the year ended 30 April 2026
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 May 2025
-
126,887
126,887
Additions
194,111
70,996
265,107
Disposals
-
(98,240)
(98,240)
At 30 April 2026
194,111
99,643
293,754
Depreciation
At 1 May 2025
-
66,136
66,136
Charge for the year
-
9,970
9,970
On disposals
-
(48,241)
(48,241)
At 30 April 2026
-
27,865
27,865
Net book value
At 30 April 2026
194,111
71,778
265,889
At 30 April 2025
-
60,751
60,751
5
Investments
Other investments
£
Valuation at 1 May 2025
690,038
Additions
5,202
Fair value adjustments
(582)
Disposals
(481,216)
Valuation at 30 April 2026
213,442
6
Debtors
2026
2025
£
£
Amounts falling due within one year
Trade debtors
34,179
-
Other debtors
331,371
176
365,550
176
7
Creditors: amounts falling due within one year
2026
2025
£
£
Bank loans and overdrafts
18,627
-
Obligations under finance leases and hire purchase contracts
3,855
204
Trade creditors
49,479
48,569
Taxes and social security
78,146
49,292
Other creditors
1,550
1,625
151,657
99,690
- 5 -
Retail Project Associates Ltd Notes to the Accounts for the year ended 30 April 2026
8
Creditors: amounts falling due after more than one year
2026
2025
£
£
Obligations under finance leases and hire purchase contracts
40,213
51,531
9
Average number of employees
During the year the average number of employees was 1 (2025: 1).
- 6 -