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Company registration number: 13702414
ReadCo Investments Ltd
Unaudited filleted financial statements
31 October 2025
ReadCo Investments Ltd
Contents
Directors and other information
Accountant's report
Statement of financial position
Statement of changes in equity
Notes to the financial statements
ReadCo Investments Ltd
Directors and other information
Directors Mr Luke Read
Miss Katie Shanks
Company number 13702414
Registered office Unit 2 The Rutherford Centre
Dunlop Road, Hadleigh Road Ind Estate
Ipswich
Suffolk
IP2 0UG
Business address 91 Valley Road
Ipswich
Suffolk
IP1 4NE
Accountant Simon Emmerson MAAT AATQB
Deeks and King
14 Dunlop Road
Ipswich
Suffolk
IP2 0UG
Bankers Natwest
ReadCo Investments Ltd
Accountants Report to the board of directors on the preparation of the
unaudited statutory financial statements of ReadCo Investments Ltd
Year ended 31 October 2025
As described on the statement of financial position, the directors of the company are responsible for the preparation of the financial statements for the year ended 31 October 2025 which comprise the statement of financial position, statement of changes in equity and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
Simon Emmerson MAAT AATQB
Deeks and King
14 Dunlop Road
Ipswich
Suffolk
IP2 0UG
14 July 2026
ReadCo Investments Ltd
Statement of financial position
31 October 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 203,475 -
_______ _______
203,475 -
Current assets
Debtors 5 11 106,611
Cash at bank and in hand 3,449 14,082
_______ _______
3,460 120,693
Creditors: amounts falling due
within one year 6 ( 214,781) ( 122,901)
_______ _______
Net current liabilities ( 211,321) ( 2,208)
_______ _______
Total assets less current liabilities ( 7,846) ( 2,208)
_______ _______
Net liabilities ( 7,846) ( 2,208)
_______ _______
Capital and reserves
Called up share capital 11 11
Profit and loss account ( 7,857) ( 2,219)
_______ _______
Shareholders deficit ( 7,846) ( 2,208)
_______ _______
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 14 July 2026 , and are signed on behalf of the board by:
Mr Luke Read
Director
Company registration number: 13702414
ReadCo Investments Ltd
Statement of changes in equity
Year ended 31 October 2025
Called up share capital Profit and loss account Total
£ £ £
At 1 November 2023 11 ( 3) 8
Loss for the year ( 2,216) ( 2,216)
_______ _______ _______
Total comprehensive income for the year - ( 2,216) ( 2,216)
_______ _______ _______
At 31 October 2024 and 1 November 2024 11 ( 2,219) ( 2,208)
Loss for the year ( 5,638) ( 5,638)
_______ _______ _______
Total comprehensive income for the year - ( 5,638) ( 5,638)
_______ _______ _______
At 31 October 2025 11 ( 7,857) ( 7,846)
_______ _______ _______
ReadCo Investments Ltd
Notes to the financial statements
Year ended 31 October 2025
1. General information
The company is a private company limited by shares, registered in England. The address of the registered office is Unit 2 The Rutherford Centre, Dunlop Road, Hadleigh Road Ind Estate, Ipswich, Suffolk, IP2 0UG.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
4. Tangible assets
Freehold property Total
£ £
Cost
At 1 November 2024 - -
Additions 203,475 203,475
_______ _______
At 31 October 2025 203,475 203,475
_______ _______
Depreciation
At 1 November 2024 and 31 October 2025 - -
_______ _______
Carrying amount
At 31 October 2025 203,475 203,475
_______ _______
At 31 October 2024 - -
_______ _______
5. Debtors
2025 2024
£ £
Amounts owed by group undertakings and undertakings in which the company has a participating interest - 106,600
Other debtors 11 11
_______ _______
11 106,611
_______ _______
6. Creditors: amounts falling due within one year
2025 2024
£ £
Other creditors 214,781 122,901
_______ _______
7. Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2025
Balance brought forward Advances /(credits) to the directors Amounts repaid Balance o/standing
£ £ £ £
Mr Luke Read ( 121,946) 110,600 ( 202,000) ( 213,346)
_______ _______ _______ _______
2024
Balance brought forward Advances /(credits) to the directors Amounts repaid Balance o/standing
£ £ £ £
Mr Luke Read ( 106,946) - ( 15,000) ( 121,946)
_______ _______ _______ _______