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Company Registration No. 06802631 (England and Wales)
Riddale Ltd Unaudited accounts for the year ended 29 February 2024
Riddale Ltd Unaudited accounts Contents
Page
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Riddale Ltd Company Information for the year ended 29 February 2024
Directors
Peter Ridding Alec Dale Ellis
Secretary
Peter Ridding
Company Number
06802631 (England and Wales)
Registered Office
Duke House Duke Street Skipton North Yorkshire BD23 2HQ England
Accountants
Goodbooks (Skipton) Ltd Duke House Duke Street Skipton North Yorkshire BD23 2HQ
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Riddale Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
32,763 
40,163 
Current assets
Debtors
40,057 
40,755 
Cash at bank and in hand
7,736 
2,813 
47,793 
43,568 
Creditors: amounts falling due within one year
(58,515)
(53,806)
Net current liabilities
(10,722)
(10,238)
Total assets less current liabilities
22,041 
29,925 
Creditors: amounts falling due after more than one year
(13,333)
(22,500)
Net assets
8,708 
7,425 
Capital and reserves
Called up share capital
99 
99 
Profit and loss account
8,609 
7,326 
Shareholders' funds
8,708 
7,425 
For the year ending 29 February 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 15 November 2024 and were signed on its behalf by
Alec Dale Ellis Director Company Registration No. 06802631
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Riddale Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Riddale Ltd is a private company, limited by shares, registered in England and Wales, registration number 06802631. The registered office is Duke House, Duke Street, Skipton, North Yorkshire, BD23 2HQ, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
15% Reducing balance and 4 years Straight line
Motor vehicles
25% Reducing balance
Computer equipment
33.33% Straight line
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Riddale Ltd Notes to the Accounts for the year ended 29 February 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2023
63,833 
17,954 
4,813 
86,600 
Disposals
(5,500)
- 
- 
(5,500)
At 29 February 2024
58,333 
17,954 
4,813 
81,100 
Depreciation
At 1 March 2023
29,361 
15,018 
2,058 
46,437 
Charge for the year
5,140 
655 
1,605 
7,400 
On disposals
(5,500)
- 
- 
(5,500)
At 29 February 2024
29,001 
15,673 
3,663 
48,337 
Net book value
At 29 February 2024
29,332 
2,281 
1,150 
32,763 
At 28 February 2023
34,472 
2,936 
2,755 
40,163 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
14,420 
12,431 
Other debtors
25,637 
28,324 
40,057 
40,755 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
VAT
6,588 
5,324 
Trade creditors
1,648 
11,979 
Taxes and social security
23,751 
24,369 
Other creditors
13,391 
- 
Loans from directors
3,137 
2,134 
58,515 
53,806 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
13,333 
22,500 
8
Average number of employees
During the year the average number of employees was 4 (2023: 6).
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