Company registration number 11221643 (England and Wales)
RON HULL ESTATES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
PAGES FOR FILING WITH REGISTRAR
RON HULL ESTATES LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
RON HULL ESTATES LIMITED
BALANCE SHEET
AS AT
31 JANUARY 2026
31 January 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Investment property
3
5,514,859
5,349,026
Current assets
Debtors
4
167,211
174,566
Cash at bank and in hand
1,945,727
640,546
2,112,938
815,112
Creditors: amounts falling due within one year
5
(3,541,450)
(2,837,369)
Net current liabilities
(1,428,512)
(2,022,257)
Total assets less current liabilities
4,086,347
3,326,769
Provisions for liabilities
(136,000)
(88,000)
Net assets
3,950,347
3,238,769
Capital and reserves
Called up share capital
6
100
100
Profit and loss reserves
3,950,247
3,238,669
Total equity
3,950,347
3,238,769

For the financial year ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he 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 Companies Act 2006 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.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 6 July 2026 and are signed on its behalf by:
R Hull
Director
Company registration number 11221643 (England and Wales)
RON HULL ESTATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
- 2 -
1
Accounting policies
Company information

Ron Hull Estates Limited is a private company limited by shares incorporated in England and Wales. The registered office is Mangham Works, Mangham Road, Parkgate, Rotherham, S62 6EF.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include investment properties at fair value. The principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Revenue

Turnover represents rent receivable net of VAT.

1.4
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include deposits held at call with banks.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

RON HULL ESTATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2026
1
Accounting policies
(Continued)
- 3 -
Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors and loans from fellow associated companies that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
0
0
RON HULL ESTATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2026
- 4 -
3
Investment property
2026
£
Fair value
At 1 February 2025
5,349,026
Additions
165,833
At 31 January 2026
5,514,859

The director performed a valuation of the investment property at 31 January 2026 and determined that there has been no material change to the market value of the property in the year.

4
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
124,289
134,671
Other debtors
42,922
39,895
167,211
174,566
5
Creditors: amounts falling due within one year
2026
2025
£
£
Other borrowings
-
0
180,000
Trade creditors
184,527
13,938
Corporation tax
80,188
102,030
Other taxation and social security
30,657
59,751
Other creditors
3,173,785
2,423,785
Accruals and deferred income
72,293
57,865
3,541,450
2,837,369

Other borrowings are secured by way of a first charge over any asset or assets owned by the company.

6
Called up share capital
2026
2025
2026
2025
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
100
100
100
100
RON HULL ESTATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2026
- 5 -
7
Related party transactions

Ronald Hull Jnr Limited

During the year, a further loan of £750,000 was made to Ron Hull Estates Limited from Ronald Hull Jnr Limited a company in which R Hull is a director and shareholder. At the year end the amount outstanding in respect of loans was £3,100,000 (20 2 5: £2,35 0,000) and is included within other creditors.

During the year the company made purchases totalling £1,829 (2025: £22,226) from Ronald Hull Jnr Limited. At the year end amounts due to Ronald Hull Jnr Limited totalled £1,829 (2025: £2,397) and are included within trade creditors.

During the year £180,000 was repaid to the Ronald Hull Jnr Limited Retirement Benefits Scheme in respect of a loan. At the year end the amount outstanding was £Nil (2025: £180,000) and is included within borrowings due under one year. During the year the company also paid interest in respect of this loan totalling £36,000 (2025: £72,000),

R Hull & Sons Farm

During the year the company made purchases of £3,071 (2025: £22,578) from R Hull & Sons Farm. At the year end amounts due to R Hull & Sons Farm was £3,071 (2025: £2,318) and is included within trade creditors.

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