ACCOUNTS - Final Accounts preparation

Registered number: 09926846

READYPOWER PROPERTIES LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

READYPOWER PROPERTIES LIMITED

CONTENTS

	Page
Company information	1
Balance sheet	2 - 3
Notes to the financial statements	4 - 8

READYPOWER PROPERTIES LIMITED

COMPANY INFORMATION

Directors	J I Mahoney
	M J E Mahoney


Registered number	09926846


Registered office	3rd Floor
	86 - 90 Paul Street
	London
	EC2A 4NE


Accountants	Cooper Parry Advisory Limited
	Davidson House
	1st floor
	The Forbury
	Reading
	RG1 3EU

Page 1

READYPOWER PROPERTIES LIMITED

REGISTERED NUMBER: 09926846

BALANCE SHEET

AS AT 31 AUGUST 2025

		2025		2024
Note		£		£

Fixed assets
Intangible assets	4		24,000		27,000
Tangible assets	5		2,219,286		1,208,740
			2,243,286		1,235,740
Current assets
Stocks		210		330
Debtors: amounts falling due within one year	6	770		1,000
Cash at bank and in hand		41,952		27,349
		42,932		28,679
Creditors: amounts falling due within one year	7	(2,944,603)		(1,851,608)
Net current liabilities			(2,901,671)		(1,822,929)

Net liabilities			(658,385)		(587,189)

Capital and reserves
Called up share capital	8	100	100
Profit and loss account	9	(658,485)	(587,289)
Shareholders' deficit		(658,385)	(587,189)

Page 2

READYPOWER PROPERTIES LIMITED

REGISTERED NUMBER: 09926846

BALANCE SHEET (CONTINUED)

AS AT 31 AUGUST 2025

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

J I Mahoney

Director

Date: 21 August 2026

The notes on pages 4 to 8 form part of these financial statements.

Page 3

READYPOWER PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

1.	General information

Readypower 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.
The presentation currency of the financial statements is the Pound Sterling (£).

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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.

2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover from renting a property and operation of camp site is recognised in the period in which the service is provided and when the amount of revenue can be measured reliably.

2.3

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of ten years.

2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Property improvements	-	20%	on cost
Plant and machinery	-	20%	on cost
Motor vehicles	-	20%	on cost
Fixtures and fittings	-	25%	on cost
Computer equipment	-	33%	on cost

Freehold property consists of land purchased and therefore is not depreciated.
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the profit and loss account.

Page 4

READYPOWER PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

2.Accounting policies (continued)

2.5

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

2.6

Taxation

Tax is recognised in the profit and loss account except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

2.7

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight-line basis over the lease term.

2.8

Going concern

The company has the continued financial support of the shareholders and therefore it is appropriate to prepare the financial statements on a going concern basis.

Employees

The average monthly number of employees during the year was 2 (2024: 2).

Page 5

READYPOWER PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

4.	Intangible assets

		Goodwill
		£
	Cost
	At 1 September 2024	30,000
	Additions	-
	At 31 August 2025	30,000
	Amortisation
	At 1 September 2024	3,000
	Charge for the year	3,000
	At 31 August 2025	6,000
	Net book value
	At 31 August 2025	24,000
	At 31 August 2024	27,000

Page 6


		READYPOWER PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

	5.	Tangible fixed assets

	Freehold property	Plant and machinery	Motor vehicles	Fixtures and fittings	Computer equipment	Improvements to property	Total
	£	£	£	£	£	£	£
Cost
At 1 September 2024	911,182	20,328	34,005	47,806	3,234	217,027	1,233,582
Additions	966,299	42,778	18,700	7,222	-	48,576	1,083,575
At 31 August 2025	1,877,481	63,106	52,705	55,028	3,234	265,603	2,317,157
Depreciation
At 1 September 2024	-	2,535	6,801	10,923	966	3,617	24,842
Charge for the year	-	6,819	8,048	12,880	1,067	44,215	73,029
At 31 August 2025	-	9,354	14,849	23,803	2,033	47,832	97,871
Net book value
At 31 August 2025	1,877,481	53,752	37,856	31,225	1,201	217,771	2,219,286
At 31 August 2024	911,182	17,793	27,204	36,883	2,268	213,410	1,208,740

Page 7

READYPOWER PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

Debtors

					2025	2024
					£	£


Trade debtors	770	1,000

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	11,056	4,435
Other taxation and social security	25,230	3,734
Other creditors	2,893,267	1,830,936
Accruals and deferred income	15,050	12,503
	2,944,603	1,851,608

8.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

100 (2024: 100) Ordinary shares of £1 each	100	100

Reserves

Profit and loss account

The profit and loss accounts represents accumulated profits and losses for the current period and prior periods less dividends paid.

10.	Related party transactions
	At 31 August 2025, the company owed £2,870,800 (2024: £1,826,964) to the shareholders.

11.	Controlling party

Throughout the period, the company has been under the control of M J E Mahoney and members of his family.

Page 8