R J Bacon Developments Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07776025

R J Bacon Developments Limited

Unaudited financial statements

31 March 2026

R J Bacon Developments Limited

Statement of financial position

31 March 2026

	2026		2025
Note	£	£	£	£

Fixed assets

Tangible assets	5	119,966	121,755
Investments	6	100	100
		---------	---------
		120,066	121,855

Current assets

Stocks		901,196	723,433
Debtors	7	118,653	360,378
Cash at bank and in hand		367,737	169,196
		-----------	-----------
		1,387,586	1,253,007

Creditors: Amounts falling due within one year	8	( 24,237)		( 13,231)
		-----------		-----------
Net current assets			1,363,349		1,239,776
			-----------		-----------
Total assets less current liabilities			1,483,415		1,361,631

Accruals and deferred income	( 1,150)	( 1,100)
	-----------	-----------
Net assets	1,482,265	1,360,531
	-----------	-----------

Capital and reserves

Called up share capital	9	100	100
Profit and loss account		1,482,165	1,360,431
		-----------	-----------
Shareholders funds		1,482,265	1,360,531
		-----------	-----------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

R J Bacon Developments Limited

Statement of financial position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 23 October 2026 , and are signed on behalf of the board by:

R J Bacon	S M Bacon
Director	Director

Company registration number: 07776025

R J Bacon Developments Limited

Notes to the financial statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Old Pump House, Cromer Road, Metton, Norfolk, NR11 8QX.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Stocks

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

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 399 of the Companies Act 2006 on the basis that the entity and its subsidiary undertakings comprise a small group.

Revenue recognition

Turnover represents the amount of goods and services provided during the year.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Freehold Property	-	2% straight line

Investments in subsidiaries

Investments in subsidiaries are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Work in progress

Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

4. Average number of employees

The average number of employees during the year was Nil (2025: Nil).

5. Tangible assets

	Freehold property
	£
Cost
At 1 April 2025	158,033
Additions	1,400
	---------
At 31 March 2026	159,433
	---------
Depreciation
At 1 April 2025	36,278
Charge for the year	3,189
	---------
At 31 March 2026	39,467
	---------
Carrying amount
At 31 March 2026	119,966
	---------
At 31 March 2025	121,755
	---------

6. Investments

	Shares in group undertakings
	£
Cost
At 1 April 2025 and 31 March 2026	100
	----
Impairment
At 1 April 2025 and 31 March 2026	–
	----

Carrying amount
At 31 March 2026	100
	----
At 31 March 2025	100
	----

7. Debtors

	2026	2025
	£	£
Amounts owed by group undertakings	54,156	53,846
Prepayments and accrued income	64,497	25,464
Directors loan account	–	280,671
Other debtors	–	397
	---------	---------
	118,653	360,378
	---------	---------

8. Creditors: Amounts falling due within one year

	2026	2025
	£	£
Social security and other taxes	15,558	13,231
Other creditors	8,679	–
	-------	-------
	24,237	13,231
	-------	-------

9. Called up share capital

Issued, called up and fully paid

	2026		2025
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	----	----	----	----

10. Directors' advances, credits and guarantees

As of 31 March 2026, RJ & SM Bacon owed the company £nil (2025: £280,671). Interest is charged at HMRC's official beneficial loan interest rate on the overdrawn balance.