REGISTERED NUMBER: 08794882 (England and Wales)

RPW DEVELOPMENTS LIMITED

Unaudited Financial Statements

for the Year Ended 31 March 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R P Wildman

Mrs C E Wildman

REGISTERED OFFICE:

Mechanics House

12 Chester Road

Pentre

Deeside

Flintshire

CH5 2AA

REGISTERED NUMBER:

08794882 (England and Wales)

ACCOUNTANTS:

Henry R. Davis & Co. Limited

Chartered Accountants

Mechanics House,

12 Chester Road,

Pentre, Deeside

Flintshire

CH5 2AA

FIXED ASSETS

Investment property

4

1,115,000

1,115,000

CURRENT ASSETS

Cash at bank

3,630

-

CREDITORS

Amounts falling due within one year

5

21,649

30,838

NET CURRENT LIABILITIES

(18,019

)

(30,838

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,096,981

1,084,162

CREDITORS

Amounts falling due after more than one year

6

(786,991

)

(793,335

)

PROVISIONS FOR LIABILITIES

(47,442

)

(47,442

)

NET ASSETS

262,548

243,385

CAPITAL AND RESERVES

Called up share capital

10

10

Other reserves

202,252

202,252

Retained earnings

60,286

41,123

SHAREHOLDERS' FUNDS

262,548

243,385

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 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 20 April 2026 and were signed on its behalf by:

Mr R P Wildman - Director

1.	STATUTORY INFORMATION

RPW DEVELOPMENTS 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

1,115,000

NET BOOK VALUE

At 31 March 2026

1,115,000

At 31 March 2025

1,115,000

Fair value at 31 March 2026 is represented by:

£

Valuation in 2021

159,694

Valuation in 2023

90,000

Cost

865,306

1,115,000

If historical cost had not been revalued it would have been included at the following historical cost:

31.3.26

31.3.25

£

£

Cost

865,306

865,306

Investment property was valued on an open market basis on 15 April 2026 by the directors .

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

6,344

5,600

Taxation and social security

12,148

3,660

Other creditors

3,157

21,578

21,649

30,838

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans

24,076

30,420

Other creditors

762,915

762,915

786,991

793,335

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Mortgages

762,915

762,915

7.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

£

Bank loans

762,915

762,915

The loans with Onesavings Bank, Kensington Mortgage Co Ltd, and Charter Court Financial Services Ltd are secured on the freehold property.

8.

BANK LOAN

A bank loan amounting to £30,420 (2025 - £36,019) relates to a loan provided under the Bounceback Loan Scheme. This scheme provides the lender with a government-backed guarantee (100%) against outstanding facility balance (principle and interest). No interest is payable in the first 12 months. Interest is then charged at 2.5% per annum.