6 April 2022 false No description of principal activity Taxfiler 2023.10 OC325342business:LimitedLiabilityPartnershipLLP2022-04-062023-04-05 OC3253422022-04-05 OC3253422022-04-062023-04-05 OC325342business:AuditExempt-NoAccountantsReport2022-04-062023-04-05 OC325342business:FullAccounts2022-04-062023-04-05 OC3253422023-04-05 OC325342business:PartnerLLP12022-04-062023-04-05 OC325342business:PartnerLLP22022-04-062023-04-05 OC325342business:RegisteredOffice2022-04-062023-04-05 OC3253422022-04-05 OC325342core:WithinOneYear2023-04-05 OC325342core:WithinOneYear2022-04-05 OC325342business:SmallEntities2022-04-062023-04-05 OC325342core:FurnitureFittings2022-04-062023-04-05 OC325342core:ComputerEquipment2022-04-062023-04-05 OC325342countries:EnglandWales2022-04-062023-04-05 OC325342core:IntangibleAssetsOtherThanGoodwill2022-04-05 OC325342core:IntangibleAssetsOtherThanGoodwill2022-04-062023-04-05 OC325342core:IntangibleAssetsOtherThanGoodwill2023-04-05 OC325342core:PlantMachinery2022-04-05 OC325342core:ComputerEquipment2022-04-05 OC325342core:PlantMachinery2022-04-062023-04-05 OC325342core:PlantMachinery2023-04-05 OC325342core:ComputerEquipment2023-04-05 OC3253422021-04-062022-04-05 iso4217:GBP xbrli:pure
Registered No. OC325342 (England and Wales)
Ridgeway Ventures LLP Unaudited accounts for the year ended 5 April 2023
Ridgeway Ventures LLP LLP Information for the year ended 5 April 2023
Designated members
Mr Edward Haddon
Mrs Joanna Haddon
Registered Number
OC325342 (England and Wales)
Registered Office
7 Chelsea Road Bath BA1 3DU
Accountants
Mutu Accountancy Ltd 7 Chelsea Road Bath BA1 3DU
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Ridgeway Ventures LLP Statement of financial position as at 5 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
6,681 
5,907 
Tangible assets
3,873 
3,041 
10,554 
8,948 
Current assets
Debtors
115,225 
109,845 
Cash at bank and in hand
33,528 
13,860 
148,753 
123,705 
Creditors: amounts falling due within one year
(44,538)
(53,146)
Net current assets
104,215 
70,559 
Net assets attributable to members
114,769 
79,507 
Represented by:
Loans and other debts due to members
114,769 
79,507 
114,769 
79,507 
Total members' interests
Loans and other debts due to members
114,769 
79,507 
114,769 
79,507 
For the year ending 5 April 2023 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 1 November 2023.
Mr Edward Haddon Designated member Limited Liability Partnership Registration No. OC325342
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Ridgeway Ventures LLP Notes to the Accounts for the year ended 5 April 2023
1
Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
Straight line over 4 years
Computer equipment
Straight line over 4 years
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
2
Statutory information
Ridgeway Ventures LLP is a limited liability partnership, incorporated in England and Wales, registration number OC325342. Its registered office is 7 Chelsea Road, Bath, BA1 3DU.
3
Intangible fixed assets
Other 
£ 
Cost
At 6 April 2022
10,945 
Additions
2,076 
At 5 April 2023
13,021 
Amortisation
At 6 April 2022
5,038 
Charge for the year
1,302 
At 5 April 2023
6,340 
Net book value
At 5 April 2023
6,681 
At 5 April 2022
5,907 
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Ridgeway Ventures LLP Notes to the Accounts for the year ended 5 April 2023
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 6 April 2022
2,364 
13,827 
16,191 
Additions
- 
3,162 
3,162 
At 5 April 2023
2,364 
16,989 
19,353 
Depreciation
At 6 April 2022
2,109 
11,041 
13,150 
Charge for the year
85 
2,245 
2,330 
At 5 April 2023
2,194 
13,286 
15,480 
Net book value
At 5 April 2023
170 
3,703 
3,873 
At 5 April 2022
255 
2,786 
3,041 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security costs
21,703 
25,051 
Accruals
22,835 
28,095 
44,538 
53,146 
6
Loans and other debts due to members
2023 
2022 
£ 
£ 
Amounts due to members in respect of profits
114,769 
79,507 
Amounts falling due within one year
114,769 
79,507 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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