IRIS Accounts Production v24.2.0.383 00679728 director 1.1.23 31.12.23 31.12.23 false true false false true false Ordinary 1.00000 "A" Ordinary 0.05000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh006797282022-12-31006797282023-12-31006797282023-01-012023-12-31006797282021-12-31006797282022-01-012022-12-31006797282022-12-3100679728ns15:EnglandWales2023-01-012023-12-3100679728ns14:PoundSterling2023-01-012023-12-3100679728ns10:Director12023-01-012023-12-3100679728ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3100679728ns10:SmallEntities2023-01-012023-12-3100679728ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3100679728ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3100679728ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3100679728ns10:FullAccounts2023-01-012023-12-3100679728ns10:OrdinaryShareClass12023-01-012023-12-3100679728ns10:OrdinaryShareClass22023-01-012023-12-3100679728ns10:CompanySecretary12023-01-012023-12-3100679728ns10:RegisteredOffice2023-01-012023-12-3100679728ns5:CurrentFinancialInstruments2023-12-3100679728ns5:CurrentFinancialInstruments2022-12-3100679728ns5:Non-currentFinancialInstruments2023-12-3100679728ns5:Non-currentFinancialInstruments2022-12-3100679728ns5:ShareCapital2023-12-3100679728ns5:ShareCapital2022-12-3100679728ns5:SharePremium2023-12-3100679728ns5:SharePremium2022-12-3100679728ns5:CapitalRedemptionReserve2023-12-3100679728ns5:CapitalRedemptionReserve2022-12-3100679728ns5:RetainedEarningsAccumulatedLosses2023-12-3100679728ns5:RetainedEarningsAccumulatedLosses2022-12-3100679728ns5:LeaseholdImprovements2022-12-3100679728ns5:PlantMachinery2022-12-3100679728ns5:FurnitureFittings2022-12-3100679728ns5:LeaseholdImprovements2023-01-012023-12-3100679728ns5:PlantMachinery2023-01-012023-12-3100679728ns5:FurnitureFittings2023-01-012023-12-3100679728ns5:LeaseholdImprovements2023-12-3100679728ns5:PlantMachinery2023-12-3100679728ns5:FurnitureFittings2023-12-3100679728ns5:LeaseholdImprovements2022-12-3100679728ns5:PlantMachinery2022-12-3100679728ns5:FurnitureFittings2022-12-3100679728ns5:MotorVehicles2022-12-3100679728ns5:ComputerEquipment2022-12-3100679728ns5:MotorVehicles2023-01-012023-12-3100679728ns5:ComputerEquipment2023-01-012023-12-3100679728ns5:MotorVehicles2023-12-3100679728ns5:ComputerEquipment2023-12-3100679728ns5:MotorVehicles2022-12-3100679728ns5:ComputerEquipment2022-12-3100679728ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3100679728ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3100679728ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-12-3100679728ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-12-3100679728ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-12-3100679728ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-12-3100679728ns5:DeferredTaxation2022-12-3100679728ns5:DeferredTaxation2023-01-012023-12-3100679728ns5:DeferredTaxation2023-12-3100679728ns10:OrdinaryShareClass12023-12-3100679728ns10:OrdinaryShareClass22023-12-31
REGISTERED NUMBER: 00679728 (England and Wales)



















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

RISBRIDGER LIMITED

RISBRIDGER LIMITED (REGISTERED NUMBER: 00679728)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RISBRIDGER LIMITED

COMPANY INFORMATION
for the Year Ended 31 DECEMBER 2023







DIRECTOR: Ms A Risbridger Hind





SECRETARY: Ms A Risbridger Hind





REGISTERED OFFICE: 25 Trowers Way
Holmethorpe Industrial Estate
Redhill
Surrey
RH1 2LH





REGISTERED NUMBER: 00679728 (England and Wales)





ACCOUNTANTS: Foxley Kingham
Chartered Accountants
260 - 270 Butterfield
Great Marlings
Luton
Bedfordshire
LU2 8DL

RISBRIDGER LIMITED (REGISTERED NUMBER: 00679728)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 457,314 502,396

CURRENT ASSETS
Stocks 488,154 449,236
Debtors 5 195,988 134,166
Cash at bank and in hand 98,236 135,950
782,378 719,352
CREDITORS
Amounts falling due within one year 6 162,018 130,310
NET CURRENT ASSETS 620,360 589,042
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,077,674

1,091,438

CREDITORS
Amounts falling due after more than one
year

7

(26,250

)

(41,250

)

PROVISIONS FOR LIABILITIES 8 (105,480 ) (114,955 )
NET ASSETS 945,944 935,233

CAPITAL AND RESERVES
Called up share capital 9 7,657 7,657
Share premium 360 360
Capital redemption reserve 12,583 12,583
Retained earnings 925,344 914,633
SHAREHOLDERS' FUNDS 945,944 935,233

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

RISBRIDGER LIMITED (REGISTERED NUMBER: 00679728)

BALANCE SHEET - continued
31 DECEMBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 July 2024 and were signed by:





Ms A Risbridger Hind - Director


RISBRIDGER LIMITED (REGISTERED NUMBER: 00679728)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 DECEMBER 2023

1. STATUTORY INFORMATION

Risbridger Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property - 2% on cost
Plant and machinery - 10% on reducing balance
Fixtures and fittings- 10% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance



Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

The gain or loss arising on disposal of an asset is determined at the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to the profit or loss.

Stocks
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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

In arriving at the figure for cost, an adjustment is made against slow moving items by way of an annual provision of 25% which reduces the carrying value of items over four years old to nil.

In addition, it is the company's policy to exclude from stock any lines whose total value is less than £100.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

RISBRIDGER LIMITED (REGISTERED NUMBER: 00679728)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 DECEMBER 2023

2. ACCOUNTING POLICIES - continued

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2022 - 16 ) .

RISBRIDGER LIMITED (REGISTERED NUMBER: 00679728)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 DECEMBER 2023

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 January 2023 195,106 1,105,664 33,473
Additions - - 1,995
Disposals - (1,625 ) -
At 31 December 2023 195,106 1,104,039 35,468
DEPRECIATION
At 1 January 2023 79,704 741,242 23,667
Charge for year 7,804 36,433 1,180
Eliminated on disposal - (1,447 ) -
At 31 December 2023 87,508 776,228 24,847
NET BOOK VALUE
At 31 December 2023 107,598 327,811 10,621
At 31 December 2022 115,402 364,422 9,806

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 January 2023 4,484 55,565 1,394,292
Additions - 2,280 4,275
Disposals - - (1,625 )
At 31 December 2023 4,484 57,845 1,396,942
DEPRECIATION
At 1 January 2023 1,121 46,162 891,896
Charge for year 841 2,921 49,179
Eliminated on disposal - - (1,447 )
At 31 December 2023 1,962 49,083 939,628
NET BOOK VALUE
At 31 December 2023 2,522 8,762 457,314
At 31 December 2022 3,363 9,403 502,396

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 170,087 109,629
Tax - 8,218
VAT - 2,014
Prepayments 25,901 14,305
195,988 134,166

RISBRIDGER LIMITED (REGISTERED NUMBER: 00679728)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 DECEMBER 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 15,000 15,000
Trade creditors 55,855 42,153
Corporation tax 19,752 5,723
Taxation and social security 21,377 19,449
VAT 2,573 -
Other creditors 61 52
Directors' loan accounts 19,261 19,261
Accruals and deferred income 28,139 28,672
162,018 130,310

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 15,000 15,000
Bank loans - 2-5 years 11,250 26,250
26,250 41,250

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 105,480 114,955

Deferred
tax
£   
Balance at 1 January 2023 114,955
Provided during year (9,475 )
Balance at 31 December 2023 105,480

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
7,497 Ordinary £1 7,497 7,497
3,200 "A" Ordinary 5p 160 160
7,657 7,657

'A' Ordinary shares rank pari passu with ordinary shares.

10. ULTIMATE CONTROLLING PARTY

The company is controlled by the director by virtue of their majority ownership of the issued share capital of the Parent company, Risbridger (UK) Limited.