IRIS Accounts Production v24.3.0.553 08153680 Board of Directors Board of Directors 1.10.23 30.9.24 30.9.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh081536802023-09-30081536802024-09-30081536802023-10-012024-09-30081536802022-09-30081536802022-10-012023-09-30081536802023-09-3008153680ns15:EnglandWales2023-10-012024-09-3008153680ns14:PoundSterling2023-10-012024-09-3008153680ns10:Director12023-10-012024-09-3008153680ns10:Director22023-10-012024-09-3008153680ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3008153680ns10:SmallEntities2023-10-012024-09-3008153680ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3008153680ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3008153680ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3008153680ns10:FullAccounts2023-10-012024-09-3008153680ns5:CurrentFinancialInstruments2024-09-3008153680ns5:CurrentFinancialInstruments2023-09-3008153680ns5:ShareCapital2024-09-3008153680ns5:ShareCapital2023-09-3008153680ns5:FurtherSpecificReserve3ComponentTotalEquity2024-09-3008153680ns5:FurtherSpecificReserve3ComponentTotalEquity2023-09-3008153680ns5:RetainedEarningsAccumulatedLosses2024-09-3008153680ns5:RetainedEarningsAccumulatedLosses2023-09-3008153680ns10:RegisteredOffice2023-10-012024-09-3008153680ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3008153680ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3008153680ns5:FurtherSpecificReserve3ComponentTotalEquity2023-09-30
REGISTERED NUMBER: 08153680 (England and Wales)









Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Threlfall & Riddell Limited

Threlfall & Riddell Limited (Registered number: 08153680)






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




Page

Balance Sheet 1

Notes to the Financial Statements 3


Threlfall & Riddell Limited (Registered number: 08153680)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £   
FIXED ASSETS
Investment property 4 800,000 800,000

CURRENT ASSETS
Debtors 5 4 4
Cash at bank 8,170 9,752
8,174 9,756
CREDITORS
Amounts falling due within one year 6 (16,207 ) (16,623 )
NET CURRENT LIABILITIES (8,033 ) (6,867 )
TOTAL ASSETS LESS CURRENT LIABILITIES 791,967 793,133

PROVISIONS FOR LIABILITIES (63,650 ) (63,650 )
NET ASSETS 728,317 729,483

CAPITAL AND RESERVES
Called up share capital 8 8
Fair value reserve 7 545,910 545,910
Retained earnings 182,399 183,565
SHAREHOLDERS' FUNDS 728,317 729,483

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Threlfall & Riddell Limited (Registered number: 08153680)

Balance Sheet - continued
30 September 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 February 2025 and were signed on its behalf by:




Mr M K Threlfall - Director



Mr C J Riddell - Director


Threlfall & Riddell Limited (Registered number: 08153680)

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

1. STATUTORY INFORMATION

Threlfall & Riddell Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 08153680

Registered office: 28 Aylesby Close
Knutsford
Cheshire
WA16 8AE

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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable and trade discounts.

Rental income is recognised in line with respective lease agreements. Dividend income is recognised as the company's right to receive payment is established.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 800,000
NET BOOK VALUE
At 30 September 2024 800,000
At 30 September 2023 800,000

Threlfall & Riddell Limited (Registered number: 08153680)

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

4. INVESTMENT PROPERTY - continued

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2012 209,460
Valuation in 2023 335,000
Cost 255,540
800,000

The property was transferred from a separate limited company in 2012; the revaluation occurred as a result of the transfer. The original base cost of the property was higher than the transfer value and the base cost was preserved under the capital gains tax reorganisation provisions. As such no deferred tax provision is required as no tax would arise on a disposal of the property for it's carrying value of £465,000. Tax clearance was sought and obtained at time of restructure from HMRC.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Other debtors 4 4

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Taxation and social security 3,413 4,329
Other creditors 12,794 12,294
16,207 16,623

7. RESERVES
Fair
value
reserve
£   
At 1 October 2023
and 30 September 2024 545,910