IRIS Accounts Production v24.3.2.46 11608958 director 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh116089582023-03-31116089582024-03-31116089582023-04-012024-03-31116089582022-03-31116089582022-04-012023-03-31116089582023-03-3111608958ns15:EnglandWales2023-04-012024-03-3111608958ns14:PoundSterling2023-04-012024-03-3111608958ns10:Director12023-04-012024-03-3111608958ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3111608958ns10:SmallEntities2023-04-012024-03-3111608958ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3111608958ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3111608958ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3111608958ns10:FullAccounts2023-04-012024-03-3111608958ns10:RegisteredOffice2023-04-012024-03-3111608958ns5:CurrentFinancialInstruments2024-03-3111608958ns5:CurrentFinancialInstruments2023-03-3111608958ns5:ShareCapital2024-03-3111608958ns5:ShareCapital2023-03-3111608958ns5:RetainedEarningsAccumulatedLosses2024-03-3111608958ns5:RetainedEarningsAccumulatedLosses2023-03-3111608958ns5:PlantMachinery2023-03-3111608958ns5:PlantMachinery2023-04-012024-03-3111608958ns5:PlantMachinery2024-03-3111608958ns5:PlantMachinery2023-03-3111608958ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3111608958ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-31
REGISTERED NUMBER: 11608958 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Ribble Valley Accountants Ltd

Ribble Valley Accountants Ltd (Registered number: 11608958)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Ribble Valley Accountants Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: M S Lloyd





REGISTERED OFFICE: 14 Towneley Parage
Longridge
Preston
Lancashire
PR3 3HU





REGISTERED NUMBER: 11608958 (England and Wales)





ACCOUNTANTS: Ribble Valley Accountants Ltd
14 Towneley Parade
Longridge
Preston
Lancashire
PR3 3HU

Ribble Valley Accountants Ltd (Registered number: 11608958)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,057 1,552

CURRENT ASSETS
Debtors 5 21,272 6,572
Cash at bank 31,217 32,025
52,489 38,597
CREDITORS
Amounts falling due within one year 6 48,308 35,035
NET CURRENT ASSETS 4,181 3,562
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,238

5,114

CAPITAL AND RESERVES
Called up share capital 101 101
Retained earnings 6,137 5,013
6,238 5,114

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 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 director and authorised for issue on 1 December 2024 and were signed by:





M S Lloyd - Director


Ribble Valley Accountants Ltd (Registered number: 11608958)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Ribble Valley Accountants Ltd 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.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 3 (2023 - 2 ) .

Ribble Valley Accountants Ltd (Registered number: 11608958)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 7,192
Additions 868
At 31 March 2024 8,060
DEPRECIATION
At 1 April 2023 5,640
Charge for year 363
At 31 March 2024 6,003
NET BOOK VALUE
At 31 March 2024 2,057
At 31 March 2023 1,552

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 13,671 6,471
Other debtors 7,601 101
21,272 6,572

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 1,036 1,568
Trade creditors 8,184 4,060
Taxation and social security 21,149 15,877
Other creditors 17,939 13,530
48,308 35,035