REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 5 July 2023 to 31 July 2024 |
for |
Ridgeland Place Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 5 July 2023 to 31 July 2024 |
for |
Ridgeland Place Limited |
Ridgeland Place Limited (Registered number: 14982403) |
Contents of the Financial Statements |
for the Period 5 July 2023 to 31 July 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Ridgeland Place Limited |
Company Information |
for the Period 5 July 2023 to 31 July 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Suite 15 |
The Enterprise Centre |
Coxbridge Business Park |
Farnham |
Surrey |
GU10 5EH |
Ridgeland Place Limited (Registered number: 14982403) |
Balance Sheet |
31 July 2024 |
Notes | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 | ( |
) |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Retained earnings | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
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. |
The financial statements were approved by the Board of Directors and authorised for issue on |
Ridgeland Place Limited (Registered number: 14982403) |
Notes to the Financial Statements |
for the Period 5 July 2023 to 31 July 2024 |
1. | STATUTORY INFORMATION |
Ridgeland Place Limited is a |
2. | ACCOUNTING POLICIES |
BASIS OF PREPARING THE FINANCIAL STATEMENTS |
TANGIBLE FIXED ASSETS |
TAXATION |
Taxation for the period 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. |
DEFERRED TAX |
Deferred tax asset is not recognised as it is not probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL. |
4. | TANGIBLE FIXED ASSETS |
Freehold |
property |
£ |
COST |
Additions |
At 31 July 2024 |
NET BOOK VALUE |
At 31 July 2024 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Bank loans and overdrafts |
Banstead Development Ltd |
Accruals and deferred income |
Ridgeland Place Limited (Registered number: 14982403) |
Notes to the Financial Statements - continued |
for the Period 5 July 2023 to 31 July 2024 |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Share capital | £1 | 1 |
7. | ULTIMATE CONTROLLING PARTY |
The company is under control of Banstead Development Ltd who owns 100% of issued capital of the company. |
8. | GOING CONCERN |
The shareholder has confirmed that it will continue to give financial support to the company until such time as its position improves. In addition the shareholder has confirmed that it will not recall its loans within 12 months. The shareholder consider that it is appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustment that would result if the financial support was withdrawn. |