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REGISTERED NUMBER: 04060801 (England and Wales)















REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

RIDGEBAY INVESTMENTS LIMITED

RIDGEBAY INVESTMENTS LIMITED (REGISTERED NUMBER: 04060801)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Report of the Directors 2

Chartered Accountants' Report 3

Profit and Loss Account 4

Balance Sheet 5

Statement of Changes in Equity 7

Notes to the Financial Statements 8


RIDGEBAY INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: A J Knox
P C Birdseye





SECRETARY: A J Knox





REGISTERED OFFICE: 102 Loddon Bridge Road
Woodley
Reading
Berkshire
RG5 4AW





REGISTERED NUMBER: 04060801 (England and Wales)

RIDGEBAY INVESTMENTS LIMITED (REGISTERED NUMBER: 04060801)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 31 DECEMBER 2023

The directors present their report with the financial statements of the company for the year ended 31 December 2023.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of a holding company.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 January 2023 to the date of this report.

A J Knox
P C Birdseye

STATEMENT OF DIRECTORS' RESPONSIBILITIES
The directors are responsible for preparing the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





A J Knox - Director


25 September 2024

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
RIDGEBAY INVESTMENTS LIMITED


In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ridgebay Investments Limited for the year ended 31 December 2023 which comprise the Profit and Loss Account, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Ridgebay Investments Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ridgebay Investments Limited and state those matters that we have agreed to state to the Board of Directors of Ridgebay Investments Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ridgebay Investments Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Ridgebay Investments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Ridgebay Investments Limited. You consider that Ridgebay Investments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Ridgebay Investments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Vale & West
Chartered Accountants
Victoria House
26 Queen Victoria Street
Reading
Berkshire
RG1 1TG


25 September 2024

RIDGEBAY INVESTMENTS LIMITED (REGISTERED NUMBER: 04060801)

PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £   

TURNOVER - 28,649

Cost of sales - 34,872
GROSS LOSS - (6,223 )

Administrative expenses 1,334 1,946
OPERATING LOSS (1,334 ) (8,169 )

Loss on fixed asset disposal 4 - 75,738
LOSS BEFORE TAXATION (1,334 ) (83,907 )

Tax on loss - -
LOSS FOR THE FINANCIAL YEAR (1,334 ) (83,907 )

RIDGEBAY INVESTMENTS LIMITED (REGISTERED NUMBER: 04060801)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £   
CURRENT ASSETS
Cash at bank and in hand 26,433 27,647

CREDITORS
Amounts falling due within one year 5 1,080 960
NET CURRENT ASSETS 25,353 26,687
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,353

26,687

CREDITORS
Amounts falling due after more than one
year

6

750,386

750,386
NET LIABILITIES (725,033 ) (723,699 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (725,133 ) (723,799 )
SHAREHOLDERS' FUNDS (725,033 ) (723,699 )

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 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.

RIDGEBAY INVESTMENTS LIMITED (REGISTERED NUMBER: 04060801)

BALANCE SHEET - continued
31 DECEMBER 2023


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

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2024 and were signed on its behalf by:





A J Knox - Director


RIDGEBAY INVESTMENTS LIMITED (REGISTERED NUMBER: 04060801)

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2023

Called up
share Retained Total
capital earnings equity
£    £    £   
Balance at 1 January 2022 100 (639,892 ) (639,792 )

Changes in equity
Total comprehensive income - (83,907 ) (83,907 )
Balance at 31 December 2022 100 (723,799 ) (723,699 )

Changes in equity
Total comprehensive income - (1,334 ) (1,334 )
Balance at 31 December 2023 100 (725,133 ) (725,033 )

RIDGEBAY INVESTMENTS LIMITED (REGISTERED NUMBER: 04060801)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Ridgebay Investments Limited is a private company, limited by shares, incorporated in England and Wales and has its registered office and principal place of business at 102 Loddon Bridge Road, Woodley, Reading, Berkshire, RG5 4AW.

The principal activity of the company was that of a holding company.

The financial statements are presented in Pound Sterling (£), which is also the functional currency of the company.

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.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties.

Short term debtors are measured at transaction price, less any impairment. Short term creditors are measured at transaction price.

Going concern
The accounts have been prepare on a going concern basis and the validity of this assumption is dependent upon the continuing support of the directors and shareholders.

3. EMPLOYEES AND DIRECTORS

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

4. EXCEPTIONAL ITEMS
31.12.23 31.12.22
£    £   
Loss on fixed asset disposal - (75,738 )

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Accruals and deferred income 1,080 960

RIDGEBAY INVESTMENTS LIMITED (REGISTERED NUMBER: 04060801)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.23 31.12.22
£    £   
Shareholder loan 750,386 750,386

7. GOING CONCERN

The balance sheet as at 31 December 2023 shows a deficit in the shareholders' funds. The company is dependent on the support of Mr A J Knox, a director and shareholder, who has confirmed that he will not seek repayment of his loan due to him by the company for at least 12 months from the approval of the accounts. The directors therefore consider it appropriate to prepare the accounts on a going concern basis.