REGISTERED NUMBER: 01967093 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

R. Lunn Developments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R J Lunn

Mrs N Ruff

SECRETARY:

Mrs D Pixsley-Lunn

REGISTERED OFFICE:

Northgate House

Northgate

Sleaford

Lincolnshire

NG34 7BZ

REGISTERED NUMBER:

01967093 (England and Wales)

ACCOUNTANTS:

Wright Vigar Limited

Chartered Accountants & Business Advisers

Northgate House

Northgate

Sleaford

Lincolnshire

NG34 7BZ

FIXED ASSETS

Tangible assets

4

24,849

1,122

Investments

5

5,715,000

5,715,000

5,739,849

5,716,122

CURRENT ASSETS

Debtors

6

3,708

890

Cash at bank

799,714

818,991

803,422

819,881

CREDITORS

Amounts falling due within one year

7

123,300

122,698

NET CURRENT ASSETS

680,122

697,183

TOTAL ASSETS LESS CURRENT LIABILITIES

6,419,971

6,413,305

PROVISIONS FOR LIABILITIES

693,807

522,572

NET ASSETS

5,726,164

5,890,733

CAPITAL AND RESERVES

Called up share capital

8

100

100

Fair value reserve

9

3,476,857

3,641,880

Retained earnings

2,249,207

2,248,753

SHAREHOLDERS' FUNDS

5,726,164

5,890,733

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 19 October 2026 and were signed on its behalf by:

R J Lunn - Director

1.	STATUTORY INFORMATION

R. Lunn 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.

Turnover

Turnover represents amounts receivable from tenants for rent and service charges excluding value added tax.

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

-

33% on cost and 15% on cost

Motor vehicles

-

25% on reducing balance

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Investments

Listed investments are stated in the accounts at market value at the year end.

Investment properties are stated in the balance sheet at the director's valuation.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2025

31,885

8,495

40,380

Additions

-

28,794

28,794

Disposals

-

(8,495

)

(8,495

)

At 31 March 2026

31,885

28,794

60,679

DEPRECIATION

At 1 April 2025

31,418

7,840

39,258

Charge for year

231

4,345

4,576

Eliminated on disposal

-

(8,004

)

(8,004

)

At 31 March 2026

31,649

4,181

35,830

NET BOOK VALUE

At 31 March 2026

236

24,613

24,849

At 31 March 2025

467

655

1,122

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

2026

2025

£

£

Balance brought forward

5,715,000

5,715,000

Investments (neither listed nor unlisted) represent investment properties held within the company. These have been valued on an open market basis by R.J. Lunn, a director of the company.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

2,818

-

Other debtors

890

890

3,708

890

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

56,801

67,380

Other creditors

66,499

55,318

123,300

122,698

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

10,000

Ordinary

0.01

100

100

9.

RESERVES

Fair

value

reserve

£

At 1 April 2025

3,641,880

Revaluation reserve movement

(165,023

)

At 31 March 2026

3,476,857

10.	ULTIMATE CONTROLLING PARTY

The company is controlled by R Lunn by way of his majority shareholding.