Rightstone Properties Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05604975 (England and Wales)

Unaudited Financial Statements

For The Year Ended 31st October 2025

for

Rightstone Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

8

DIRECTORS:

Ms J A Murray

W J Norman

SECRETARY:

Ms J A Murray

REGISTERED OFFICE:

Kings Buildings

Hill Street

Lydney

Gloucestershire

GL15 5HE

REGISTERED NUMBER:

05604975 (England and Wales)

ACCOUNTANTS:

Wildin (Accountants & Auditors) Ltd

Kings Buildings

Lydney

Gloucestershire

GL15 5HE

FIXED ASSETS

Tangible assets

4

17,537

21,861

Investment property

5

394,567

412,104

416,428

CURRENT ASSETS

Debtors

6

480,494

497,640

Cash at bank

3,356

47,284

483,850

544,924

CREDITORS

Amounts falling due within one year

7

160,892

209,515

NET CURRENT ASSETS

322,958

335,409

TOTAL ASSETS LESS CURRENT
LIABILITIES

735,062

751,837

CREDITORS

Amounts falling due after more than one
year

8

702,760

NET ASSETS

32,302

49,077

CAPITAL AND RESERVES

Called up share capital

10

100

Revaluation reserve

11

60,411

Retained earnings

11

(28,209

)

(11,434

)

SHAREHOLDERS' FUNDS

32,302

49,077

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 Income Statement has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 16th June 2026 and were signed on its behalf by:

Ms J A Murray - Director

1.	STATUTORY INFORMATION

Rightstone Properties Limited 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

COST

At 1st November 2024

35,811

25,375

-

61,186

Additions

-

481

At 31st October 2025

35,811

25,375

481

61,667

DEPRECIATION

At 1st November 2024

20,457

18,868

-

39,325

Charge for year

3,071

1,627

107

4,805

At 31st October 2025

23,528

20,495

107

44,130

NET BOOK VALUE

At 31st October 2025

12,283

4,880

374

17,537

At 31st October 2024

15,354

6,507

-

21,861

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st November 2024

and 31st October 2025

394,567

NET BOOK VALUE

At 31st October 2025

394,567

At 31st October 2024

394,567

Fair value at 31st October 2025 is represented by:

£

Valuation in 2015

110,555

Valuation in 2017

(50,144

)

Cost

334,156

394,567

If investment property had not been revalued it would have been included at the following historical cost:

31.10.25

31.10.24

£

Cost

334,156

investment property was valued on an open market basis on 31st October 2025 by The directors .

6.

DEBTORS

31.10.25

31.10.24

£

Amounts falling due within one year:

Prepayments

268

614

31.10.25

31.10.24

£

Amounts falling due after more than one year:

Other debtors

480,226

497,026

Aggregate amounts

480,494

497,640

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

VAT

10,540

11,016

Directors' current accounts

82,712

130,960

Accrued expenses

67,640

67,539

160,892

209,515

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.10.25

31.10.24

£

Bank loans (see note 9)

288,365

Other loans (see note 9)

250,000

Mortgage Loans

164,395

702,760

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

288,365

9.

LOANS

An analysis of the maturity of loans is given below:

31.10.25

31.10.24

£

Amounts falling due between two and five years:

Other loans - 2-5 years

250,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

288,365

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

100

Ordinary

£1

100

11.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

At 1st November 2024

(11,434

)

60,411

48,977

Deficit for the year

(16,775

)

(16,775

)

At 31st October 2025

(28,209

)

60,411

32,202

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Ms J A Murray.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Rightstone Properties Limited for the year ended 31st October 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Rightstone Properties Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Rightstone Properties Limited and state those matters that we have agreed to state to the Board of Directors of Rightstone Properties Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Rightstone Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Rightstone Properties Limited. You consider that Rightstone Properties Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Rightstone Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Wildin (Accountants & Auditors) Ltd

Kings Buildings

Lydney

Gloucestershire

GL15 5HE

Date: 16th June 2026