Ron Meldrum Ltd - Filleted accounts

Registered number

07115626

Ron Meldrum Ltd

Filleted Accounts

31 January 2026

Ron Meldrum Ltd
Registered number:		07115626
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Investment property	4		279,000			277,000
Tangible assets	5		328			437
			279,328			277,437

Current assets
Debtors	6	-			334
Cash at bank and in hand		30,068			32,086
		30,068			32,420

Creditors: amounts falling due within one year	7	(939)			(1,326)

Net current assets			29,129			31,094

Total assets less current liabilities			308,457			308,531


Provisions for liabilities			(22,704)			(22,725)


Net assets			285,753			285,806

Capital and reserves
Called up share capital			1			1
Fair value reserve	8		110,331			103,327
Profit and loss account			175,421			182,478

Shareholders' funds			285,753			285,806

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.



Ron Meldrum
Director
Approved by the board on 9 October 2026

Ron Meldrum Ltd
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Investment property
	Investment property is included at fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery etc.	25% Reducing Balance

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		0		0


3	Intangible fixed assets				£
	Training

	Cost
	At 1 February 2025				1,500
	Additions				-
	Disposals				(1,500)
	At 31 January 2026				-

	Amortisation
	At 1 February 2025				1,500
	Provided during the year				-
	On disposals				(1,500)
	At 31 January 2026				-

	Net book value
	At 31 January 2026				-
	At 31 January 2025				-


4	Investment property		2026		2025
			£		£

	Brought forward		277,000		277,000
	Fair value adjustment		2,000		-
			279,000		277,000



5	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 February 2025				2,595
	At 31 January 2026				2,595

	Depreciation
	At 1 February 2025				2,158
	Charge for the year				109
	At 31 January 2026				2,267

	Net book value
	At 31 January 2026				328
	At 31 January 2025				437


6	Debtors		2026		2025
£				£

	Other debtors		-		334


7	Creditors: amounts falling due within one year		2026		2025
£				£

	Taxation and social security costs		677		689
	Other creditors		262		637
			939		1,326


8	Fair value reserve		2026		2025
£				£

	At 1 February 2025		103,327		103,327
	Fair value adjustment of investment property		2,000		-
	Deferred taxation arising on the fair value adjustment		5,004		-
	At 31 January 2026		110,331		103,327


9	Other information

	Ron Meldrum Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	18 Grosvenor Road
	Southampton
	Hampshire
	SO17 1RT