Company Registration No. 08655055 (England and Wales)
RIDGE (UK) LIMITED
Unaudited accounts
for the year ended 31 August 2023
RIDGE (UK) LIMITED
Unaudited accounts
Contents
RIDGE (UK) LIMITED
Company Information
for the year ended 31 August 2023
Company Number
08655055 (England and Wales)
Registered Office
120
VALLEY WAY
STEVENAGE
SG2 9DE
RIDGE (UK) LIMITED
Statement of financial position
as at 31 August 2023
Tangible assets
4,766
5,957
Cash at bank and in hand
8,844
6,836
Creditors: amounts falling due within one year
7,738
6,677
Net current assets
23,257
24,013
Total assets less current liabilities
28,023
29,970
Creditors: amounts falling due after more than one year
(8,131)
(11,384)
Called up share capital
50,000
50,000
Profit and loss account
(30,108)
(31,414)
Shareholders' funds
19,892
18,586
For the year ending 31 August 2023 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 12 August 2024 and were signed on its behalf by
Md Maniruzzaman
Director
Company Registration No. 08655055
RIDGE (UK) LIMITED
Notes to the Accounts
for the year ended 31 August 2023
RIDGE (UK) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08655055. The registered office is 120, VALLEY WAY, STEVENAGE, SG2 9DE.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixture & Fittings: 20% reducing balance
Computer Equipment: 20% reducing balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2022
29,401
1,364
30,765
At 31 August 2023
29,401
1,364
30,765
At 1 September 2022
23,768
1,040
24,808
Charge for the year
1,126
65
1,191
At 31 August 2023
24,894
1,105
25,999
At 31 August 2023
4,507
259
4,766
At 31 August 2022
5,633
324
5,957
Amounts falling due within one year
Trade debtors
6,675
10,500
RIDGE (UK) LIMITED
Notes to the Accounts
for the year ended 31 August 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
623
622
Loans from directors
(10,026)
(8,399)
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).