Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-31true2023-02-01falseNo description of principal activity22trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11523735 2023-02-01 2024-01-31 11523735 2022-02-01 2023-01-31 11523735 2024-01-31 11523735 2023-01-31 11523735 c:Director1 2023-02-01 2024-01-31 11523735 d:OfficeEquipment 2023-02-01 2024-01-31 11523735 d:OfficeEquipment 2024-01-31 11523735 d:OfficeEquipment 2023-01-31 11523735 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 11523735 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-31 11523735 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-01-31 11523735 d:CurrentFinancialInstruments 2024-01-31 11523735 d:CurrentFinancialInstruments 2023-01-31 11523735 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 11523735 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 11523735 d:ShareCapital 2024-01-31 11523735 d:ShareCapital 2023-01-31 11523735 d:RetainedEarningsAccumulatedLosses 2024-01-31 11523735 d:RetainedEarningsAccumulatedLosses 2023-01-31 11523735 c:FRS102 2023-02-01 2024-01-31 11523735 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 11523735 c:FullAccounts 2023-02-01 2024-01-31 11523735 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11523735 2 2023-02-01 2024-01-31 11523735 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:OwnedIntangibleAssets 2023-02-01 2024-01-31 11523735 e:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Registered number: 11523735









RIPTON LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2024

 
RIPTON LIMITED
REGISTERED NUMBER: 11523735

BALANCE SHEET
AS AT 31 JANUARY 2024

2024
2023
£
£

Fixed assets
  

Intangible assets
 4 
-
2,000

Tangible assets
 5 
5,917
5,683

  
5,917
7,683

Current assets
  

Debtors: amounts falling due within one year
 6 
199,906
213,634

Cash at bank and in hand
 7 
160,817
457,293

  
360,723
670,927

Creditors: amounts falling due within one year
 8 
(55,809)
(258,777)

Net current assets
  
 
 
304,914
 
 
412,150

Total assets less current liabilities
  
310,831
419,833

  

Net assets
  
310,831
419,833


Capital and reserves
  

Called up share capital 
  
10
10

Profit and loss account
  
310,821
419,823

  
310,831
419,833


Page 1

 
RIPTON LIMITED
REGISTERED NUMBER: 11523735
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
A J Tugwell
Director

Date: 17 September 2024

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
RIPTON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

Ripton Limited is a private company limited by shares. The company is incorporated in England and Wales and its registered office address is 12 Belsize Road, Swiss Cottage, London, NW6 4RD. The registered number is 11523735.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
RIPTON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.5

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
25%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
RIPTON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

3.


Employees

2024
£

Wages and salaries
93,629

Cost of defined contribution scheme
2,331

95,960


The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Intangible assets



Website Costs

£



Cost


At 1 February 2023
10,000



At 31 January 2024

10,000



Amortisation


At 1 February 2023
8,000


Charge for the year on owned assets
2,000



At 31 January 2024

10,000



Net book value



At 31 January 2024
-



Page 5

 
RIPTON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

5.


Tangible fixed assets





Furniture, Fittings & Office equipment

£



Cost or valuation


At 1 February 2023
11,751


Additions
2,024



At 31 January 2024

13,775



Depreciation


At 1 February 2023
6,068


Charge for the year on owned assets
1,790



At 31 January 2024

7,858



Net book value



At 31 January 2024
5,917


6.


Debtors

2024
2023
£
£


Trade debtors
104,861
208,890

Other debtors
45,045
4,744

Prepayments and accrued income
50,000
-

199,906
213,634



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
160,817
457,293

160,817
457,293


Page 6

 
RIPTON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
29,191
68,393

Other taxation and social security
23,218
56,801

Other creditors
1,275
131,458

Accruals and deferred income
2,125
2,125

55,809
258,777


 
Page 7