Richard Craven (Keighley) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01161277 (England and Wales)

Richard Craven (Keighley) Limited

Unaudited Financial Statements

for the Year Ended 31 March 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs H E Carter

SECRETARY:

D L Richards

REGISTERED OFFICE:

3 Gresley Road

Keighley

West Yorkshire

BD21 5JG

REGISTERED NUMBER:

01161277 (England and Wales)

ACCOUNTANTS:

Walkers Accountants Limited

Aireside House

Aireside Business Centre

Royd Ings Avenue

Keighley

West Yorkshire

BD21 4BZ

FIXED ASSETS

Tangible assets

4

1,233

1,019

Investments

5

580,447

438,636

Investment property

6

6,958,246

7,539,926

7,397,901

CURRENT ASSETS

Debtors

7

267,811

223,499

Cash at bank

557,428

413,936

825,239

637,435

CREDITORS

Amounts falling due within one year

8

(337,212

)

(275,652

)

NET CURRENT ASSETS

488,027

361,783

TOTAL ASSETS LESS CURRENT
LIABILITIES

8,027,953

7,759,684

PROVISIONS FOR LIABILITIES

(954,730

)

(953,666

)

NET ASSETS

7,073,223

6,806,018

CAPITAL AND RESERVES

Called up share capital

76

Capital redemption reserve

33

Fair value reserve

9

3,681,890

Retained earnings

3,391,224

3,124,019

SHAREHOLDERS' FUNDS

7,073,223

6,806,018

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 17 September 2026 and were signed by:

Mrs H E Carter - Director

1.	STATUTORY INFORMATION

Richard Craven (Keighley) 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.

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 etc

-

Straight line over 3 years

All tangible fixed assets are at cost less accumulated depreciation. 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.

Assets held under finance lease are depreciated in the same manner as owned assets.

Renewals, repairs and maintenance are charged to profit and loss during the period in which they are incurred.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using a mixture of methods. The depreciation bases are as detailed above.

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 disposal are determined by comparing the proceeds with the carrying amount and are credited or charged to the income statement.

Impairment of fixed assets

At each balance sheet date, the Company reviews the carrying amounts of its property, plant and equipment to determine whether there is any indication that any items of property, plant and equipment have suffered an impairment loss. If any such indications exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

If the recoverable amount of an asset is estimated to be less that its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. Impairment loss is recognised as an expense immediately.

Where an impairment loss subsequently reserves, the carrying amount of the asset is increased to the revised estimate of its recoverable amount that would have been determined (net of depreciation) had no impairment loss been recognised for the asset in the prior years. A reversal of an impairment loss is recognised as income immediately.

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.

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 4 (2025 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

1,048

Additions

780

At 31 March 2026

1,828

DEPRECIATION

At 1 April 2025

29

Charge for year

566

At 31 March 2026

595

NET BOOK VALUE

At 31 March 2026

1,233

At 31 March 2025

1,019

5.	FIXED ASSET INVESTMENTS

31.3.26

31.3.25

£

Other investments not loans

580,447

438,636

Additional information is as follows:

Other

investments

£

COST

At 1 April 2025

199,938

Additions

31,679

At 31 March 2026

231,617

NET BOOK VALUE

At 31 March 2026

231,617

At 31 March 2025

199,938

Investments (neither listed nor unlisted) were as follows:

31.3.26

31.3.25

£

Gold and silver

328,830

218,698

Scottish Widows Capital Bond

20,000

348,830

238,698

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

6,958,246

NET BOOK VALUE

At 31 March 2026

6,958,246

At 31 March 2025

6,958,246

Fair value at 31 March 2026 is represented by:

£

Valuation in 2016

2,623,230

Valuation in 2017

2,286,900

Valuation in 2018

232,684

Valuation in 2021

77,939

Valuation in 2022

(123,235

)

Valuation in 2023

1,860,728

6,958,246

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

31.3.26

31.3.25

£

Cost

3,140,559

Investment property was valued on an open market basis on 7 December 2022 by Alan Slater Property Services Ltd .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Amounts owed by associates

222,720

221,571

Other debtors

45,091

1,928

267,811

223,499

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Taxation and social security

191,502

132,290

Other creditors

145,710

143,362

337,212

275,652

9.

RESERVES

Fair

value

reserve

£

At 1 April 2025

and 31 March 2026

3,681,890

10.	RELATED PARTY DISCLOSURES

Included within debtors at the year end is an amount of £222,720 (2025 - £221,571) due from Richard Craven Electrical Ltd.

Also included within debtors at the year end is an amount of £42,996 (2025 - £Nil) due from Richards Property Ltd.