REGISTERED NUMBER: 04609005 (England and Wales)

R B 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:

R A Burgin

J Eastwood

SECRETARY:

R A Burgin

REGISTERED OFFICE:

Field View

2 Wessenden Head Close

Meltham

Holmfirth

West Yorkshire

HD9 4FB

REGISTERED NUMBER:

04609005 (England and Wales)

ACCOUNTANTS:

SMH Sheards

Vernon House

40 New North Road

Huddersfield

West Yorkshire

HD1 5LS

FIXED ASSETS

Tangible assets

4

14,518

19,164

CURRENT ASSETS

Stocks

5

825,413

743,519

Debtors

6

58,284

110,710

Cash at bank

4,702

67,065

888,399

921,294

CREDITORS

Amounts falling due within one year

7

(349,824

)

(392,839

)

NET CURRENT ASSETS

538,575

528,455

TOTAL ASSETS LESS CURRENT LIABILITIES

553,093

547,619

PROVISIONS FOR LIABILITIES

8

(2,758

)

(4,536

)

NET ASSETS

550,335

543,083

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

550,235

542,983

SHAREHOLDERS' FUNDS

550,335

543,083

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 22 October 2026 and were signed on its behalf by:

R A Burgin - Director

1.	STATUTORY INFORMATION

R B 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 invoiced to customers, except in respect of contracting activities where cumulative turnover for contracts is ascertained on interim stage valuations or a prudent review of the costs incurred to date and the assessment of completion of the contract, on a contract by contract basis.

Tangible fixed assets

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

Plant and machinery

-

33% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Costs include all direct material and labour costs incurred in bringing a contract to its state of completion at the year end, including an appropriate proportion of indirect expenses and profits earned to date.

Financial instruments

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other debtors, amounts owed by group undertakings and cash and bank balances, are initially measured at transaction price including transaction costs.

Financial assets are assessed for indicators of impairment at each balance sheet date, with any impairment losses being recognised in profit or loss. If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed in profit or loss.

Financial liabilities are classified depending on the substance of the contractual arrangements entered into.

Basic financial liabilities, including trade and other creditors, bank loans, accruals and amounts owed to group undertakings, are initially recognised at transaction price.

Financial assets and liabilities are derecognised when the company's contractual obligations are settled, cancelled or they expire.

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.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - 1 ).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

121,446

Additions

2,437

At 31 March 2026

123,883

DEPRECIATION

At 1 April 2025

102,282

Charge for year

7,083

At 31 March 2026

109,365

NET BOOK VALUE

At 31 March 2026

14,518

At 31 March 2025

19,164

5.

STOCKS

2026

2025

£

£

Work-in-progress

825,413

743,519

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

50,699

84,151

Other debtors

7,585

26,559

58,284

110,710

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

18,149

40,121

Taxation and social security

6,407

26,761

Other creditors

325,268

325,957

349,824

392,839

8.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

2,758

4,536

Deferred

tax

£

Balance at 1 April 2025

4,536

Utilised during year

(1,778

)

Balance at 31 March 2026

2,758

9.	RELATED PARTY DISCLOSURES

Loans owing to the director on an interest free basis of £190,212 (2025: £197,547) were outstanding at the year end. Loans will be repaid when funds permit.

Creditors includes a £100,000 (2025 - £120,000) loan from RTD Holdings Limited, a company owned by one of the directors of R B Developments Limited. The loans are interest free and are repayable on demand.