Jason Ralph-Smith Associates Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08834046 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

JASON RALPH-SMITH ASSOCIATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr J S Ralph-Smith

REGISTERED OFFICE:

Unit 5

108 Hawley Lane

Farnborough

Hampshire

GU14 8JE

REGISTERED NUMBER:

08834046 (England and Wales)

ACCOUNTANTS:

LDP Luckmans

1110 Elliott Court

Coventry Business Park

Herald Avenue

Coventry

West Midlands

CV5 6UB

FIXED ASSETS

Intangible assets

4

32,514

10,926

Tangible assets

5

2,307

2,884

Investment property

6

1,260,626

1,295,447

1,274,436

CURRENT ASSETS

Debtors

7

421,460

13,761

Cash at bank

1,122,651

1,471,469

1,544,111

1,485,230

CREDITORS

Amounts falling due within one year

8

2,151,370

2,156,711

NET CURRENT LIABILITIES

(607,259

)

(671,481

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

688,188

602,955

PROVISIONS FOR LIABILITIES

9

82,026

82,170

NET ASSETS

606,162

520,785

CAPITAL AND RESERVES

Called up share capital

100

Fair value reserve

10

244,347

Retained earnings

361,715

276,338

606,162

520,785

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 September 2026 and were signed by:

Mr J S Ralph-Smith - Director

1.	STATUTORY INFORMATION

Jason Ralph-Smith Associates 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Patents are amortised evenly over the estimated 10Yrs life of the patent commencing on the date the patent is granted.

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 Statement of Income and Retained Earnings, 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 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and other

intangibles

£

COST

At 1 January 2025

12,140

Additions

25,336

At 31 December 2025

37,476

AMORTISATION

At 1 January 2025

1,214

Amortisation for year

3,748

At 31 December 2025

4,962

NET BOOK VALUE

At 31 December 2025

32,514

At 31 December 2024

10,926

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 January 2025

and 31 December 2025

8,799

DEPRECIATION

At 1 January 2025

5,915

Charge for year

577

At 31 December 2025

6,492

NET BOOK VALUE

At 31 December 2025

2,307

At 31 December 2024

2,884

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

and 31 December 2025

1,260,626

NET BOOK VALUE

At 31 December 2025

1,260,626

At 31 December 2024

1,260,626

Fair value at 31 December 2025 is represented by:

£

Valuation in 2022

325,796

Cost

934,830

1,260,626

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Directors' loan accounts

415,917

-

Prepayments and accrued income

5,543

13,761

421,460

13,761

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade creditors

2,981

2,640

Taxation and social security

31,780

37,584

Other creditors

2,116,609

2,116,487

2,151,370

2,156,711

9.	PROVISIONS FOR LIABILITIES

31.12.25

31.12.24

£

Deferred tax

82,026

82,170

Deferred

tax

£

Balance at 1 January 2025

82,170

Accelerated capital allowances

(144

)

Balance at 31 December 2025

82,026

10.

RESERVES

Fair

value

reserve

£

At 1 January 2025

and 31 December 2025

244,347

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

Mr J S Ralph-Smith

Balance outstanding at start of year

-

Amounts advanced

418,917

-

Amounts repaid

(3,000

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

415,917

-

12.	RELATED PARTY DISCLOSURES

At 31st December 2025, the following creditor balances were owing to companies under common control.

Autopot (Global) Limited - £1,880,037 (2024: £1,880,037)

Flexi-Tank (Global) Limited - £235,000 (2024: £235,000)