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Registered number: 04299275
Raggett Developments Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
Jupp Castle Limited
ACCA
2nd Floor Stanley House London Road
Hook
Hampshire
RG27 9GA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04299275
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 15,604 23,989
15,604 23,989
CURRENT ASSETS
Debtors 5 1,257,538 1,068,593
Cash at bank and in hand 599,146 846,362
1,856,684 1,914,955
Creditors: Amounts Falling Due Within One Year 6 (6,186 ) (55,918 )
NET CURRENT ASSETS (LIABILITIES) 1,850,498 1,859,037
TOTAL ASSETS LESS CURRENT LIABILITIES 1,866,102 1,883,026
NET ASSETS 1,866,102 1,883,026
CAPITAL AND RESERVES
Called up share capital 7 101 101
Profit and Loss Account 1,866,001 1,882,925
SHAREHOLDERS' FUNDS 1,866,102 1,883,026
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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 Rodney Raggett
Director
2 November 2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Raggett Developments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04299275 . The registered office is 2nd Floor Stanley House, London Road, Hook, Hampshire, RG27 9GA.
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
Rendering of services
The company recognises revenue from the following major sources:
• time and material contracts
• fixed price contracts
Revenue from time and material contracts as well as fixed price contracts is recognised on an over time basis, as the customer simultaneously receives and consumes the service that the Company provides. 
Revenue from providing services is recognised in the accounting period in which the service is rendered, i.e. when the performance obligation of the contract is met.
For time and material contracts, revenue is recognised as and when the service is provided, based on the number of hours worked per resource. For fixed price contracts, revenue is recognised monthly at a fixed amount per the contract as and when the service is provided.
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% straight line
Motor Vehicles 25% straight line
Fixtures & Fittings 25% straight line
Computer Equipment 25% straight line
2.4. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans to related parties.
Cash and cash equivalents are short term, highly liquid investments that are readily convertible to known amounts of cash.
Basic financial assets
Basic financial assets, which include debtors, loans to related parties and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including trade creditors and other payables, are initially recognised at transaction price and subsequently measured at amortised cost using the effective interest method. Financial liabilities classified as payable within one year are not amortised.
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2.5. 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: 2 (2025: 2)
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2025 2,721 53,129 1,915 2,344 60,109
As at 31 March 2026 2,721 53,129 1,915 2,344 60,109
Depreciation
As at 1 April 2025 1,680 31,196 1,915 1,329 36,120
Provided during the period 500 7,499 - 386 8,385
As at 31 March 2026 2,180 38,695 1,915 1,715 44,505
Net Book Value
As at 31 March 2026 541 14,434 - 629 15,604
As at 1 April 2025 1,041 21,933 - 1,015 23,989
5. Debtors
2026 2025
£ £
Due within one year
Amounts recoverable on contracts 1,249,211 866,533
Amounts owed by group undertakings 3,003 3,003
Other debtors 5,324 199,057
1,257,538 1,068,593
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6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 4,001 45,239
Other creditors 2,185 838
Taxation and social security - 9,841
6,186 55,918
7. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 101 101
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2025 Amounts advanced Amounts repaid Amounts written off As at 31 March 2026
£ £ £ £ £
Mr Rodney Raggett 135,718 181 138,085 - -
The above loan is unsecured, interest free and repayable on demand.
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