Raemore Developments Limited 30/11/2025 iXBRL

Company registration number: 04320131

Raemore Developments Limited

Unaudited filleted financial statements

For the year ended

30 November 2025

Raemore Developments Limited

Contents

Statement of financial position

Notes to the financial statements

Raemore Developments Limited

Statement of financial position

30 November 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	3	4,416		111,568
Investment property		-		-
Investments	4	1		1
		________		________
			4,417		111,569

Current assets
Stocks		1,127,292		1,752,857
Debtors	5	1,795,433		204,425
Cash at bank and in hand		92,502		216,606
		________		________
		3,015,227		2,173,888
Creditors: amounts falling due
within one year	6	( 3,051,516)		( 2,418,961)
		________		________
Net current liabilities			( 36,289)		( 245,073)
			________		________
Total assets less current liabilities			( 31,872)		( 133,504)

Creditors: amounts falling due
after more than one year	7		-		( 5,459)

Provisions for liabilities			( 1,104)		( 6,726)

			________		________
Net liabilities			( 32,976)		( 145,689)
			________		________

Capital and reserves
Called up share capital			103		103
Revaluation reserve			-		11,503
Profit and loss account			( 33,079)		( 157,295)
			________		________
Shareholders deficit			( 32,976)		( 145,689)
			________		________

For the year ending 30 November 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 20 August 2026 , and are signed on behalf of the board by:

Mr M J Rae

Director

Company registration number: 04320131

Raemore Developments Limited

Notes to the financial statements

Year ended 30 November 2025

1. Accounting policies

General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Raemore Developments Limited, 27 Banklands, Workington, CA14 3EU.

Basis of preparation

These financial statements have been prepared in compliance with the provisions of FRS102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. 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 with the same financial statements. 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.

Turnover

Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible fixed assets are included at cost less depreciation, except for freehold properties which are measured at fair value, with changes recognised in the fair value reserve.

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:


Plant and machinery	-	10 %	straight line
Motor vehicles	-	25 %	straight line

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.

Fixed asset investments

Fixed asset investments are stated at fair value with changes in fair value being recognised in the statement of comprehensive income.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash- generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost and net realisable value.

Provisions

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.Tax deferred or accelerated is accounted for in respect of all material timing differences.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for fixed asset investments which are measured at fair value, with changes recognised in the fair value reserve.

Defined contribution plans

The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in comprehensive income when due.

2. Employee numbers

The average number of persons employed by the company during the year amounted to 5 (2024: 5 ).

3. Tangible assets

	Freehold property	Plant and machinery	Motor vehicles	Total
	£	£	£	£
Cost
At 1 December 2024	105,000	27,366	23,500	155,866
Disposals	( 105,000)	-	-	( 105,000)
	________	________	________	________
At 30 November 2025	-	27,366	23,500	50,866
	________	________	________	________
Depreciation
At 1 December 2024	-	20,797	23,500	44,297
Charge for the year	-	2,153	-	2,153
	________	________	________	________
At 30 November 2025	-	22,950	23,500	46,450
	________	________	________	________
Carrying amount
At 30 November 2025	-	4,416	-	4,416
	________	________	________	________
At 30 November 2024	105,000	6,569	-	111,569
	________	________	________	________

The investment properties was revalued on 30 November 2023 by Mr M J Rae . The basis of valuation used was market value.

4. Investments

	Shares in group undertakings and participating interests	Total
	£	£
Cost
At 1 December 2024 and 30 November 2025	1	1
	________	________
Impairment
At 1 December 2024 and 30 November 2025	-	-
	________	________
Carrying amount
At 30 November 2025	1	1
	________	________
At 30 November 2024	1	1
	________	________

5. Debtors

	2025	2024
	£	£
Other debtors	1,795,433	204,425
	________	________

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	45,547	49,464
Trade creditors	19,657	19,374
Corporation tax	831	-
Taxation and social security	1,962	1,111
Other creditors	2,983,519	2,349,012
	________	________
	3,051,516	2,418,961
	________	________

The bank loan is secured on the assets of the company.

7. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	-	5,459
	________	________

The bank loan is secured on the assets of the company.