IRIS Accounts Production v24.2.0.383 07611336 Board of Directors Board of Directors 1.5.23 30.4.24 30.4.24 false true false false true false Ordinary B 1.00000 Ordinary A 0.01000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh076113362023-04-30076113362024-04-30076113362023-05-012024-04-30076113362022-04-30076113362022-05-012023-04-30076113362023-04-3007611336ns15:EnglandWales2023-05-012024-04-3007611336ns14:PoundSterling2023-05-012024-04-3007611336ns10:Director12023-05-012024-04-3007611336ns10:Director22023-05-012024-04-3007611336ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3007611336ns10:SmallEntities2023-05-012024-04-3007611336ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3007611336ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3007611336ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3007611336ns10:AbridgedAccounts2023-05-012024-04-3007611336ns10:OrdinaryShareClass22023-05-012024-04-3007611336ns10:OrdinaryShareClass32023-05-012024-04-3007611336ns10:Director32023-05-012024-04-3007611336ns10:CompanySecretary12023-05-012024-04-3007611336ns10:RegisteredOffice2023-05-012024-04-3007611336ns5:CurrentFinancialInstruments2024-04-3007611336ns5:CurrentFinancialInstruments2023-04-3007611336ns5:Non-currentFinancialInstruments2024-04-3007611336ns5:Non-currentFinancialInstruments2023-04-3007611336ns5:ShareCapital2024-04-3007611336ns5:ShareCapital2023-04-3007611336ns5:RetainedEarningsAccumulatedLosses2024-04-3007611336ns5:RetainedEarningsAccumulatedLosses2023-04-3007611336ns5:LeaseholdImprovements2023-05-012024-04-3007611336ns5:PlantMachinery2023-05-012024-04-3007611336ns5:MotorVehicles2023-05-012024-04-3007611336ns10:OrdinaryShareClass22024-04-3007611336ns10:OrdinaryShareClass32024-04-30
REGISTERED NUMBER: 07611336 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Ride Lane House Trading Limited

Ride Lane House Trading Limited (Registered number: 07611336)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Ride Lane House Trading Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: Mrs K Smeathers
M J Smeathers
S Smeathers





SECRETARY: Mrs K Smeathers





REGISTERED OFFICE: Ride Lane House
High Street
Pitsford
Northamptonshire
NN6 9AD





REGISTERED NUMBER: 07611336 (England and Wales)





ACCOUNTANTS: CDA Accountancy
Unit 11/12 Hall Farm
Sywell Aerodrome
Sywell
Northamptonshire
NN6 0BN

Ride Lane House Trading Limited (Registered number: 07611336)

Abridged Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 107,026 118,061
Investments 5 201,347 189,532
308,373 307,593

CURRENT ASSETS
Debtors 96,570 142,204
Cash at bank 60,821 102,485
157,391 244,689
CREDITORS
Amounts falling due within one year 129,050 217,134
NET CURRENT ASSETS 28,341 27,555
TOTAL ASSETS LESS CURRENT
LIABILITIES

336,714

335,148

CREDITORS
Amounts falling due after more than
one year

(48,905

)

(33,408

)

PROVISIONS FOR LIABILITIES (25,044 ) (22,857 )
NET ASSETS 262,765 278,883

CAPITAL AND RESERVES
Called up share capital 6 2 2
Retained earnings 262,763 278,881
SHAREHOLDERS' FUNDS 262,765 278,883

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Ride Lane House Trading Limited (Registered number: 07611336)

Abridged Balance Sheet - continued
30 April 2024


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2024 and were signed on its behalf by:




M J Smeathers - Director



Mrs K Smeathers - Director


Ride Lane House Trading Limited (Registered number: 07611336)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Ride Lane House Trading 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 20% on cost
Plant and machinery - 20% on cost
Motor vehicles - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

Ride Lane House Trading Limited (Registered number: 07611336)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2023 434,887
Additions 36,402
Disposals (9,280 )
At 30 April 2024 462,009
DEPRECIATION
At 1 May 2023 316,826
Charge for year 41,869
Eliminated on disposal (3,712 )
At 30 April 2024 354,983
NET BOOK VALUE
At 30 April 2024 107,026
At 30 April 2023 118,061

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 May 2023 36,364
Additions 29,990
At 30 April 2024 66,354
DEPRECIATION
At 1 May 2023 7,273
Charge for year 7,273
At 30 April 2024 14,546
NET BOOK VALUE
At 30 April 2024 51,808
At 30 April 2023 29,091

Ride Lane House Trading Limited (Registered number: 07611336)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
30.4.24 30.4.23
£    £   
Other investments 201,347 189,532

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
1 Ordinary B £1 1 1
100 Ordinary A 1p 1 1
2 2