REGISTERED NUMBER: 11788310 (England and Wales)

Financial Statements

for the Year Ended 31 January 2026

for

Ron Sullivans Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs K A Balboa Valverde

R Garcia

REGISTERED OFFICE:

Oriel House

Oriel road

Bootle

Merseyside

L20 7EP

REGISTERED NUMBER:

11788310 (England and Wales)

ACCOUNTANTS:

DJH Business Advisers Ltd T/A SB&P

Oriel House

2-8 Oriel Road

Bootle

L20 7EP

FIXED ASSETS

Tangible assets

4

2,778

6,973

Investments

5

100

-

Investment property

6

2,450,978

2,347,000

2,453,856

2,353,973

CURRENT ASSETS

Debtors

7

2,048

2,226

Cash at bank

338,162

65,449

340,210

67,675

CREDITORS

Amounts falling due within one year

8

2,290,295

2,139,327

NET CURRENT LIABILITIES

(1,950,085

)

(2,071,652

)

TOTAL ASSETS LESS CURRENT LIABILITIES

503,771

282,321

CREDITORS

Amounts falling due after more than one year

9

(637,880

)

(374,930

)

PROVISIONS FOR LIABILITIES

(14,556

)

(15,478

)

NET LIABILITIES

(148,665

)

(108,087

)

CAPITAL AND RESERVES

Called up share capital

11

150

50

Retained earnings

12

(148,815

)

(108,137

)

SHAREHOLDERS' FUNDS

(148,665

)

(108,087

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 by the Board of Directors and authorised for issue on 8 September 2026 and were signed on its behalf by:

R Garcia - Director

1.	STATUTORY INFORMATION

Ron Sullivans 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.

Tangible fixed assets

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

Fixtures and fittings

-

20% on cost

Computer equipment

-

33% on cost

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 February 2025

46,916

7,957

54,873

Additions

218

-

218

At 31 January 2026

47,134

7,957

55,091

DEPRECIATION

At 1 February 2025

40,821

7,079

47,900

Charge for year

3,770

643

4,413

At 31 January 2026

44,591

7,722

52,313

NET BOOK VALUE

At 31 January 2026

2,543

235

2,778

At 31 January 2025

6,095

878

6,973

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

Additions

100

At 31 January 2026

100

NET BOOK VALUE

At 31 January 2026

100

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2025

2,347,000

Additions

740,978

Disposals

(637,000

)

At 31 January 2026

2,450,978

NET BOOK VALUE

At 31 January 2026

2,450,978

At 31 January 2025

2,347,000

Fair value at 31 January 2026 is represented by:

£

Valuation in 2024

61,910

Cost

2,389,068

2,450,978

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Prepayments and accrued income

2,048

2,226

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Social security and other taxes

4,070

1,687

Pension

2,911

116

Other creditors

12,386

12,386

Directors' loan accounts

2,269,247

2,123,121

Accrued expenses

1,681

2,017

2,290,295

2,139,327

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans - 2-5 years

637,880

374,930

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.1.26

31.1.25

£

£

Bank loan 2-5 years

637,880

347,930

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.26

31.1.25

value:

£

£

150

Ordinary shares

£1

150

50

12.

RESERVES

Retained

earnings

£

At 1 February 2025

(108,137

)

Deficit for the year

(40,678

)

At 31 January 2026

(148,815

)

13.

CHARGES

There are a total of 3 charges: All 3 are outstanding. Of the outstanding charges, 2 are with Paratus AMC Limited and 1 with Fleet Mortgages Limited. Two charges are carried forward from the previous year, and 1 was created on May 30, 2025.