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RISE CONSTRUCTION FRAMEWORK LTD

Registered Number
10070860
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2025

RISE CONSTRUCTION FRAMEWORK LTD
Company Information
for the year from 1 April 2024 to 31 March 2025

Director

LAWTON, Sara Marie

Registered Address

Digital House Studio D
Simpson Street
Liverpool
L1 0AX

Registered Number

10070860 (England and Wales)
RISE CONSTRUCTION FRAMEWORK LTD
Balance Sheet as at
31 March 2025

Notes

2025

2024

£

£

£

£

Fixed assets
Tangible assets319,60927,251
19,60927,251
Current assets
Debtors4548,278585,720
Cash at bank and on hand1,790,0591,334,569
2,338,3371,920,289
Creditors amounts falling due within one year5(523,140)(501,447)
Net current assets (liabilities)1,815,1971,418,842
Total assets less current liabilities1,834,8061,446,093
Net assets1,834,8061,446,093
Capital and reserves
Called up share capital1,0001,000
Profit and loss account1,833,8061,445,093
Shareholders' funds1,834,8061,446,093
The financial statements were approved and authorised for issue by the Director on 15 April 2025, and are signed on its behalf by:
LAWTON, Sara Marie
Director
Registered Company No. 10070860
RISE CONSTRUCTION FRAMEWORK LTD
Notes to the Financial Statements
for the year ended 31 March 2025

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Interest income
Interest income is recognised using the effective interest rate method.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Defined contribution pension plan
The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Share capital
Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.
Related parties
For the purposes of these financial statements, a related party could be a person or an entity. Careful consideration is given to the definition of a related party to ensure that all related party relationships, transactions and balances are identified.
2.Average number of employees

20252024
Average number of employees during the year33
3.Tangible fixed assets

Vehicles

Office Equipment

Total

£££
Cost or valuation
At 01 April 2438,6368,01346,649
Additions-1,5371,537
At 31 March 2538,6369,55048,186
Depreciation and impairment
At 01 April 2415,4553,94319,398
Charge for year7,7281,4519,179
At 31 March 2523,1835,39428,577
Net book value
At 31 March 2515,4534,15619,609
At 31 March 2423,1814,07027,251
4.Debtors: amounts due after one year

2025

2024

££
Other debtors400,976417,740
Total400,976417,740
Other debtors includes a loan to a company controlled by a director.
5.Creditors: amounts due within one year

2025

2024

££
Bank borrowings and overdrafts647253
Taxation and social security254,310205,229
Other creditors-371
Accrued liabilities and deferred income268,183295,594
Total523,140501,447
6.Related party transactions
The Balance sheet shows a loan outstanding to a related party company of £412,976 and is presented as £12,000 in other debtors and £400,976 within debtors falling due within more than one year. No interest was charged on the loan during the year to 31st March 2025. (2024 - £0)