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Registered Number: 13470016
England and Wales

 

 

 


Abridged Accounts

for the year ended 31 March 2025

for

RIBBLE VALLEY PROPERTY LTD

 
 
Notes
 
2025
£
  2024
£
Current assets      
Debtors   305 
Cash at bank and in hand 589    27,809 
589    28,114 
Creditors: amount falling due within one year (34,338)   (60,555)
Net current assets (33,749)   (32,441)
 
Total assets less current liabilities (33,749)   (32,441)
Net assets (33,749)   (32,441)
 

Capital and reserves
     
Called up share capital 50,000    50,000 
Profit and loss account (83,749)   (82,441)
Shareholders' funds (33,749)   (32,441)
 


For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 14 April 2025 and were signed on its behalf by:


-------------------------------
M N Hindle
Director
1
General Information
Ribble Valley Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 13470016, registration address Haydock House, Pleckgate Road, Blackburn, Lancashire, BB1 8QW.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
These financial statements have been prepared in compliance with FRS102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling which is the functional currency of the company.
The financial statements have been prepared under the historical cost convention as modified to include the revaluation of investment properties at fair value. The principal accounting policies are set out below.
Going concern basis
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
2.

Average number of employees

Average number of employees during the year was 0 (2024 : 0).
2