REGISTERED NUMBER: 12319505 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

RCN Holdings Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Director:

R C Nash

Registered office:

Unit 2, Foley Works

Foley Trading Estate

Hereford

HR1 2SF

Registered number:

12319505 (England and Wales)

Accountants:

Acre Accountancy Limited

Unit 2 Foley Works

Foley Trading Estate

Hereford

Herefordshire

HR1 2SF

FIXED ASSETS

Tangible assets

5

1,293,020

1,213,927

CURRENT ASSETS

Debtors

1,953

27,160

Cash at bank

65,682

62,207

67,635

89,367

CREDITORS

Amounts falling due within one year

(58,242

)

(12,202

)

NET CURRENT ASSETS

9,393

77,165

TOTAL ASSETS LESS CURRENT LIABILITIES

1,302,413

1,291,092

CREDITORS

Amounts falling due after more than one year

(805,244

)

(878,731

)

PROVISIONS FOR LIABILITIES

(20,685

)

(19,227

)

NET ASSETS

476,484

393,134

CAPITAL AND RESERVES

Called up share capital

6

200

200

Retained earnings

476,284

392,934

SHAREHOLDERS' FUNDS

476,484

393,134

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 September 2026 and were signed by:

R C Nash - Director

1.	STATUTORY INFORMATION

RCN Holdings 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

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

The movement in fixed assets are set out in Note 7 to the accounts. Included in cost of land and buildings is freehold property of £1,195,208 which is not depreciated. In the opinion of the directors, the market value of the company's interest in freehold property exceeds the book value at the balance sheet date.

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

Freehold property

- not depreciated

Plant and machinery

- 20% on reducing balance

Motor vehicles

- 20% on reducing balance

Computer equipment

- 20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

5.	TANGIBLE FIXED ASSETS

Totals

£

Cost

At 1 January 2025

1,229,405

Additions

102,691

At 31 December 2025

1,332,096

Depreciation

At 1 January 2025

15,478

Charge for year

23,598

At 31 December 2025

39,076

Net book value

At 31 December 2025

1,293,020

At 31 December 2024

1,213,927

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

200

Ordinary

£1

200

200