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REGISTERED NUMBER: 01440037 (England and Wales)









FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

READYCLASS LIMITED
READYCLASS LIMITED (REGISTERED NUMBER: 01440037)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


READYCLASS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2025







DIRECTORS: S London
J London





SECRETARY: J London





REGISTERED OFFICE: 4th Floor Tuition House
27/37 St George's Road
Wimbledon
London
SW19 4EU





REGISTERED NUMBER: 01440037 (England and Wales)





ACCOUNTANTS: Hartley Fowler LLP
Chartered Accountants
4th Floor Tuition House
27-37 St George's Road
Wimbledon
London
SW19 4EU
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READYCLASS LIMITED (REGISTERED NUMBER: 01440037)

BALANCE SHEET
31 DECEMBER 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 3,168,632 3,017,744

CURRENT ASSETS
Debtors 5 3,735,489 3,746,520
Cash at bank 6,170,089 6,014,091
9,905,578 9,760,611
CREDITORS
Amounts falling due within one year 6 75,445 56,854
NET CURRENT ASSETS 9,830,133 9,703,757
TOTAL ASSETS LESS CURRENT
LIABILITIES
12,998,765
12,721,501

PROVISIONS FOR LIABILITIES 7 69,872 64,729
NET ASSETS 12,928,893 12,656,772

CAPITAL AND RESERVES
Called up share capital 111,807 111,807
Share premium 999,581 999,581
Capital redemption reserve 781,806 781,806
Fair value reserve 515,508 374,189
Retained earnings 10,520,191 10,389,389
SHAREHOLDERS' FUNDS 12,928,893 12,656,772

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 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 notes form part of these financial statements

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READYCLASS LIMITED (REGISTERED NUMBER: 01440037)

BALANCE SHEET - continued
31 DECEMBER 2025


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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 August 2026 and were signed on its behalf by:





J London - Director


The notes form part of these financial statements

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READYCLASS LIMITED (REGISTERED NUMBER: 01440037)

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


1. STATUTORY INFORMATION

Readyclass 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

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.

Significant judgements and estimates
Accounting policies which have a significant bearing on the reported financial position and results of the company may require subjective or complex judgements.

The principal on-going area of judgement is the investment property valuation where the director's opinion of fair value based on experience of the trade and locality has been obtained at each reporting date.

Deferred tax is directly and indirectly impacted by the estimation uncertainty arising within the investment property valuation through the timing difference that exists between the valuation and the tax base cost of the properties and if relevant, the March 1982 property valuation is also utilised in arriving at the tax base cost for certain of the investment properties.

Turnover
Turnover represents amounts receivable for rent and services net of VAT due in the period.

Revenue is recognised with reference to time as the period of rental progresses so that the amount of revenue reflects the actual right to consideration by reference to the period of rental covered. Rent not billed is included in debtors and payments on account, rent received in excess of the relevant amount of revenue is deferred to future periods to which it relates and included in deferred income within creditors.

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.

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READYCLASS LIMITED (REGISTERED NUMBER: 01440037)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2025


2. ACCOUNTING POLICIES - continued

Basic financial instruments
Cash at bank is measured at transaction price.

Debtors and creditors with no stated interest rate and receivables or payables within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Dividends
Dividends are recognised in the company's financial statements in the year in which they are approved in general meetings by the company's shareholders. Interim dividends are recognised when they are paid.

Share capital
Ordinary shares are classified as equity.

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to fe carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2025 3,017,744
Revaluations 150,888
At 31 December 2025 3,168,632
NET BOOK VALUE
At 31 December 2025 3,168,632
At 31 December 2024 3,017,744

Fair value at 31 December 2025 is represented by:
£   
Valuation in 2016 44,600
Valuation in 2023 195,000
Valuation in 2024 143,702
Valuation in 2025 150,888
Cost 2,634,442
3,168,632

If investment properties had not been revalued they would have been included at the following historical cost:

2025 2024
£    £   
Cost 2,634,442 2,634,442

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READYCLASS LIMITED (REGISTERED NUMBER: 01440037)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2025


4. INVESTMENT PROPERTY - continued

Investment properties are included in the financial statements at the director's best estimate of fair value as at the balance sheet date, based on experience of the trade and locality.

5. DEBTORS
2025 2024
£    £   
Amounts falling due within one year:
Other debtors 8,769 3,746,520

Amounts falling due after more than one year:
Amounts owed by group undertakings 3,726,720 -

Aggregate amounts 3,735,489 3,746,520

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Taxation and social security 36,275 28,793
Other creditors 39,170 28,061
75,445 56,854

7. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax
Accelerated capital allowances 51,190 55,616
Deferred tax 18,682 9,113
69,872 64,729

Deferred
tax
£   
Balance at 1 January 2025 64,729
Provided during year 5,143
Balance at 31 December 2025 69,872

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at the balance sheet date, S London owed the company £8,683 (2024: £8,683), there are no fixed repayment terms, no interest charges and no security attached to the loan.

During the year S London, a director charged the company nil (2024: £10,000) for consultancy services, there was no outstanding balance at the year end.

9. RELATED PARTY DISCLOSURES

At the year end Maidstill Limited, a company in which both J London and S London are directors and in which S London has a controlling interest, owed Readyclass Limited, £3,716,720 (2024: £3,716,720). There are no fixed repayment terms, interest charges or security attached to the loan.

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