Red Rock Developments Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 10427969

		31 March 2026		31 March 2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		8,409		689,514

			8,409		689,514
CURRENT ASSETS
Stocks	5	680,157		1,885,226
Debtors	6	919,443		146,351
Cash at bank and in hand		11,711		70,591

		1,611,311		2,102,168
Creditors: Amounts Falling Due Within One Year	7	(1,162,230 )		(2,094,253 )

NET CURRENT ASSETS (LIABILITIES)			449,081		7,915

TOTAL ASSETS LESS CURRENT LIABILITIES			457,490		697,429

Creditors: Amounts Falling Due After More Than One Year	8		(1,037,511 )		(1,312,088 )

NET LIABILITIES			(580,021 )		(614,659 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Fair value reserve			-		98,992
Profit and Loss Account			(580,121 )		(713,751 )

SHAREHOLDERS' FUNDS			(580,021)		(614,659)

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Red Rock Developments Limited

Balance Sheet (continued)

As At 31 March 2026

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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Tariq Nazir Muhammad

Director

28/10/2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Red Rock Developments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10427969 . The registered office is C/O Invatech Health Ltd Knitwear House, Unit 3, Redding Road, Bristol, BS5 6FW.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% of reducing balance
Computer Equipment	25% of reducing balance

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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Red Rock Developments Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2025: 2)

4. Tangible Assets

	Investment Properties	Plant & Machinery	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2025	681,696	33,143	3,212	718,051
Additions	-	2,615	350	2,965
Disposals	(681,696 )	-	-	(681,696 )

As at 31 March 2026	-	35,758	3,562	39,320

Depreciation
As at 1 April 2025	-	26,133	2,404	28,537
Provided during the period	-	2,113	261	2,374

As at 31 March 2026	-	28,246	2,665	30,911

Net Book Value
As at 31 March 2026	-	7,512	897	8,409

As at 1 April 2025	681,696	7,010	808	689,514

5. Stocks

	31 March 2026	31 March 2025
	£	£
Work in progress	680,157	1,885,226

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Red Rock Developments Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

6. Debtors

	31 March 2026	31 March 2025
	£	£
Due within one year
Trade debtors	-	17,310
Amounts owed by group undertakings	774,961	-
Other debtors	12,406	15,810

	787,367	33,120
Due after more than one year
Other debtors	132,076	113,231

	919,443	146,351

7. Creditors: Amounts Falling Due Within One Year

	31 March 2026	31 March 2025
	£	£
Trade creditors	178,606	33,189
Other creditors	960,119	2,055,460
Taxation and social security	23,505	5,604

	1,162,230	2,094,253

8. Creditors: Amounts Falling Due After More Than One Year

	31 March 2026	31 March 2025
	£	£
Other creditors	1,037,511	1,312,088

9. Share Capital

	31 March 2026	31 March 2025
	£	£
Allotted, Called up and fully paid	100	100

10. Related Party Transactions

During the year, the company generated revenue of £2,516,780 (2025: £nil) from services provided to related parties and incurred management fees of £53,326 (2025: £33,847) from related entities.

During the year, the company completed a development for Tariq Muhammad, a director of the company, and invoiced him £1,781,603 (2025: £nil).

During the year, the company transferred an investment property, the Merchants Arms, to its parent Evergreen Black Ltd at valuation of £681,696.

Interest of £6,427 (2025: £7,814) was incurred during the year on a loan from Evergreen Trust. The trustees of Evergreen Trust include Mr Muhammad and his wife Nazia.

Outstanding balances at 31 March 2026 comprise:

Due from:

Evergreen Realty Ltd: £8,366 (2025: £nil)

Evergreen Black Ltd: £774,961 (2025: £nil)

...CONTINUED

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Red Rock Developments Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

10. Related Party Transactions - continued

Due to:

Evergreen Blue Ltd: £82,247 (2025: £82,247)

IH Management Plus Ltd: £18,266 (2025: £4,993)

Titan PMR Ltd: £855,035 (2025: £nil)

Evergreen Trust: £nil (2025: £207,814)

Tariq Muhammad (Director): £1,037,511 (2025: £3,063,271)

All balances are unsecured. The balance due to Tariq Muhammad is classified within creditors due after more than one year. Other related party balances are unsecured and repayable on demand.

The companies referred to in this note are controlled by Mr Muhammad.

11. Ultimate Parent Undertaking and Controlling Party

The company's immediate and ultimate parent undertaking is Evergreen Black Ltd . Evergreen Black Ltd was incorporated in England.The ultimate controlling party is Tariq Muhammad and Nazia Muhammad who control 100% of the shares of Evergreen Black Ltd.

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