REGISTERED NUMBER: 11837609 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2026

FOR

RANDBADAMS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

W B Adams

R A Adams

SECRETARY:

W B Adams

REGISTERED OFFICE:

Orchard House

Upper Road

Little Cornard

Suffolk

CO10 0NZ

REGISTERED NUMBER:

11837609 (England and Wales)

ACCOUNTANTS:

Richard Sexton & Co LLP

3 Manor Road

Colchester

Essex

CO3 3LU

FIXED ASSETS

Tangible assets

4

574

766

Investment property

5

1,120,000

944,678

1,120,574

945,444

CURRENT ASSETS

Debtors

6

1,215

3,812

Cash at bank

17,826

23,674

19,041

27,486

CREDITORS

Amounts falling due within one year

7

1,020,745

1,070,521

NET CURRENT LIABILITIES

(1,001,704

)

(1,043,035

)

TOTAL ASSETS LESS CURRENT LIABILITIES

118,870

(97,591

)

PROVISIONS FOR LIABILITIES

23,000

-

NET ASSETS/(LIABILITIES)

95,870

(97,591

)

CAPITAL AND RESERVES

Called up share capital

450

450

Non-distributable reserve

8

152,322

-

Retained earnings

8

(56,902

)

(98,041

)

95,870

(97,591

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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:

W B Adams - Director

R A Adams - Director

1.	STATUTORY INFORMATION

Randbadams 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.

Turnover is recognised when rents are receivable by reference to the rental period to which they relate, and is stated net of VAT.

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 - 25% reducing balance

Motor vehicles - 5 years 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.

Deferred tax is provided on gains recognised in the profit and loss account on revaluation of the Investment Properties. The provision takes account of any trading losses that might mitigate a charge on these gains, and the net provision is deducted from Non-distributable reserves.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 March 2025

and 28 February 2026

3,615

49,890

53,505

DEPRECIATION

At 1 March 2025

2,849

49,890

52,739

Charge for year

192

-

192

At 28 February 2026

3,041

49,890

52,931

NET BOOK VALUE

At 28 February 2026

574

-

574

At 28 February 2025

766

-

766

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 March 2025

944,678

Revaluations

175,322

At 28 February 2026

1,120,000

NET BOOK VALUE

At 28 February 2026

1,120,000

At 28 February 2025

944,678

Fair value at 28 February 2026 is represented by:

£

Valuation in 2026

175,322

Cost

944,678

1,120,000

The investment properties were valued on an open market basis on 28 February 2026 by the management company .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

-

1,395

Prepayments and accrued income

1,215

2,417

1,215

3,812

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

-

49

Social security and other taxes

209

136

Directors' loan accounts

1,015,525

1,055,297

Accruals and deferred income

5,011

15,039

1,020,745

1,070,521

8.

RESERVES

Retained

Non-distributable

earnings

reserve

Totals

£

£

£

At 1 March 2025

(98,041

)

-

(98,041

)

Profit for the year

193,461

193,461

Arising in period

(152,322

)

152,322

-

At 28 February 2026

(56,902

)

152,322

95,420

9.	RELATED PARTY DISCLOSURES

Included in note 8 is a directors’ loan account partially repaid in the year. No interest was charged by the directors during the year on the outstanding balance.

10.	ULTIMATE CONTROLLING PARTY

The company is under the joint control of the Directors.