1 March 2023 false No description of principal activity Taxfiler 2023.14 11199173business:PrivateLimitedCompanyLtd2023-03-012024-02-29 111991732023-02-28 111991732023-03-012024-02-29 11199173business:AuditExemptWithAccountantsReport2023-03-012024-02-29 11199173business:FilletedAccounts2023-03-012024-02-29 111991732024-02-29 111991732023-02-28 11199173core:WithinOneYear2024-02-29 11199173core:WithinOneYear2023-02-28 11199173core:AfterOneYear2024-02-29 11199173core:AfterOneYear2023-02-28 11199173core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 11199173core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 11199173core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 11199173core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 11199173core:PreviouslyStatedAmount2024-02-29 11199173core:PreviouslyStatedAmount2023-02-28 11199173business:SmallEntities2023-03-012024-02-29 11199173business:Director12023-03-012024-02-29 11199173countries:EnglandWales2023-03-012024-02-29 11199173business:RegisteredOffice2023-03-012024-02-29 11199173core:PlantMachinery2023-03-012024-02-29 11199173core:MotorVehicles2023-03-012024-02-29 11199173core:PlantMachinery2023-02-28 11199173core:MotorVehicles2023-02-28 11199173core:PlantMachinery2024-02-29 11199173core:MotorVehicles2024-02-29 111991732022-03-012023-02-28 iso4217:GBP xbrli:pure
RIDLEY SERVICES LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,925 
2,348 
Current assets
Debtors
17,161 
22,886 
Cash at bank and in hand
161 
281 
17,322 
23,167 
Creditors: amounts falling due within one year
(365)
(4,823)
Net current assets
16,957 
18,344 
Total assets less current liabilities
18,882 
20,692 
Creditors: amounts falling due after more than one year
(18,598)
(22,067)
Net assets/(liabilities)
284 
(1,375)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
283 
(1,376)
Shareholders' funds
284 
(1,375)
For the year ending 29 February 2024 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 5 March 2024 and were signed on its behalf by
ANTONY NDUNGU Director Company Registration No. 11199173
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RIDLEY SERVICES LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
RIDLEY SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 11199173. The registered office is 63 WESTFIELD ROAD, DUNSTABLE, BEDFORDSHIRE, LU6 1DN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
Reducing Balance Method
Motor vehicles
Reducing Balance Method
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
3,000 
3,500 
6,500 
At 29 February 2024
3,000 
3,500 
6,500 
Depreciation
At 1 March 2023
1,839 
2,313 
4,152 
Charge for the year
209 
214 
423 
At 29 February 2024
2,048 
2,527 
4,575 
Net book value
At 29 February 2024
952 
973 
1,925 
At 28 February 2023
1,161 
1,187 
2,348 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
17,161 
22,886 
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RIDLEY SERVICES LTD Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
42 
- 
Other creditors
- 
4,500 
Accruals
323 
323 
365 
4,823 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
18,598 
22,067 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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