ACCOUNTS - Final Accounts preparation

Registered number: 02501057

RINGWOOD PROPERTIES LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2025

RINGWOOD PROPERTIES LIMITED

CONTENTS

	Page
Balance Sheet	1
Notes to the Financial Statements	2 - 4

RINGWOOD PROPERTIES LIMITED

REGISTERED NUMBER: 02501057

BALANCE SHEET

AS AT 31 DECEMBER 2025

		2025		2024
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	847,289		828,430
Creditors: amounts falling due within one year	5	(317,242)		(320,336)
Net current assets			530,047		508,094
Net assets			530,047		508,094

Capital and reserves
Called up share capital	6	100	100
Capital redemption reserve		72,320	72,320
Profit and loss account		457,627	435,674
		530,047	508,094

The director considers 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 director acknowledges his 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 statement of income and retained earnings 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:

M A Morris

Director

Date: 15 September 2026

The notes on pages 2 to 4 form part of these financial statements.

Page 1

RINGWOOD PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1.	GENERAL INFORMATION

Ringwood Properties Limited is a private company, limited by shares, incorporated in England and Wales. The address of its registered office is 5 Miram House, 387 Cockfosters Road, Hadley Wood, Hertfordshire, EN4 0JS.

The functional and presentation currency is pounds 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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and 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.

The following principal accounting policies have been applied:

2.2

GOING CONCERN

The director has considered the Company’s financial position and cash-flow requirements for a period of at least 12 months from the date on which these financial statements are approved. In particular, the director has considered the recoverability of the amount due from the company controlled by the director and his wife, including that company’s ability to make repayments as required. On this basis, the director is satisfied that the Company has adequate resources to meet its liabilities as they fall due and considers it appropriate to prepare the financial statements on the going-concern basis.

2.3

DEBTORS

Short term debtors are measured at transaction price, less any impairment.

2.4

FINANCIAL INSTRUMENTS

The Company has chosen to apply the recognition and measurement provisions of Sections 11 and 12 of FRS 102 in respect of financial instruments. Basic financial assets and liabilities are initially measured at transaction price, unless the arrangement constitutes a financing transaction, and are subsequently measured at amortised cost using the effective interest method, less impairment where appropriate.

2.5

CREDITORS

Short term creditors are measured at the transaction price.

2.6

INTEREST INCOME

Interest income is recognised in profit or loss using the effective interest method.

Page 2

RINGWOOD PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.ACCOUNTING POLICIES (CONTINUED)

2.7

TAXATION

Tax is recognised in profit or loss 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.

3.	EMPLOYEES
	The average monthly number of employees, including the director, during the year was 1 (2024 - 1).

DEBTORS

					2025	2024
					£	£


Amount owed by a related party	847,289	828,430
	847,289	828,430

5.	CREDITORS: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	2,700	2,700
Corporation tax	12,162	15,256
Share premium relating to shares classified as financial liabilities	298,800	298,800
Accruals and deferred income	2,700	2,700
Share capital classified as a financial liability	880	880
	317,242	320,336

Page 3

RINGWOOD PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

6.	SHARE CAPITAL
		2025	2024
		£	£

Allotted, called up and fully paid

100 Ordinary shares of £1 each	100	100

					2025	2024
					£	£

Shares classified as financial liabilities Allotted, called up and fully paid
280 Redeemable preference shares of £1 each	280	280
600 Redeemable shares of £1 each	600	600
	880	880

The company has the option to redeem all or any of the redeemable preference shares at any time at an amount of £1,230 per share. The company has the option to redeem all or any of the redeemable shares at any time at an amount of £4 per share. The shareholders of both the redeemable preference shares and the redeemable shares have the option to require the company to redeem the shares at the aforementioned values, subject to them giving 90 days' notice to the company.

The redeemable preference shares and redeemable shares are classified as financial liabilities because their holders have the contractual right, on giving 90 days’ notice, to require the Company to redeem them for fixed amounts.

7.	RELATED PARTY TRANSACTIONS
	As at 31 December 2025, the Company was owed £847,289 (2024: £828,430) by a company controlled by the director and his wife. The balance has no fixed repayment date and bears interest at the Bank of England Bank Rate. Interest income of £29,892 (2024: £39,144) was recognised during the year. The balance is unsecured.

Page 4