IRIS Accounts Production v25.1.3.33 04558405 Board of Directors 1.11.23 31.10.24 31.10.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh045584052023-10-31045584052024-10-31045584052023-11-012024-10-31045584052022-10-31045584052022-11-012023-10-31045584052023-10-3104558405ns15:EnglandWales2023-11-012024-10-3104558405ns14:PoundSterling2023-11-012024-10-3104558405ns10:Director12023-11-012024-10-3104558405ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3104558405ns10:SmallEntities2023-11-012024-10-3104558405ns10:AuditExemptWithAccountantsReport2023-11-012024-10-3104558405ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3104558405ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3104558405ns10:AbridgedAccounts2023-11-012024-10-3104558405ns10:Director22023-11-012024-10-3104558405ns10:Director32023-11-012024-10-3104558405ns10:RegisteredOffice2023-11-012024-10-3104558405ns5:CurrentFinancialInstruments2024-10-3104558405ns5:CurrentFinancialInstruments2023-10-3104558405ns5:ShareCapital2024-10-3104558405ns5:ShareCapital2023-10-3104558405ns5:RevaluationReserve2024-10-3104558405ns5:RevaluationReserve2023-10-3104558405ns5:RetainedEarningsAccumulatedLosses2024-10-3104558405ns5:RetainedEarningsAccumulatedLosses2023-10-31
REGISTERED NUMBER: 04558405 (England and Wales)















ABRIDGED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

RIDGEBACK PROPERTIES LIMITED

RIDGEBACK PROPERTIES LIMITED (REGISTERED NUMBER: 04558405)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 6

RIDGEBACK PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTORS: Mrs J M Gibson
Dr I A Gibson
Miss S E Gibson



REGISTERED OFFICE: 79 The Cloisters
Pegasus Grange
Oxford
OX1 4QQ



REGISTERED NUMBER: 04558405 (England and Wales)



ACCOUNTANTS: G L Barker & Co LLP
Chartered Certified Accountants
49 Austhorpe Road
Cross Gates
Leeds
LS15 8BA



BANKERS: Barclays Bank plc
Albion Street
Leeds
LS1 5LD

RIDGEBACK PROPERTIES LIMITED (REGISTERED NUMBER: 04558405)

ABRIDGED BALANCE SHEET
31 OCTOBER 2024

31.10.24 31.10.23
Notes £    £    £   
FIXED ASSETS
Investment property 4 127,500 90,000

CURRENT ASSETS
Debtors 178 398
Cash at bank 4,406 6,775
4,584 7,173
CREDITORS
Amounts falling due within one year 6,155 9,094
NET CURRENT LIABILITIES (1,571 ) (1,921 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

125,929

88,079

PROVISIONS FOR LIABILITIES 5,434 4,762
NET ASSETS 120,495 83,317

CAPITAL AND RESERVES
Called up share capital 2 2
Non-distributable reserve 57,128 20,300
Retained earnings 63,365 63,015
SHAREHOLDERS' FUNDS 120,495 83,317

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

RIDGEBACK PROPERTIES LIMITED (REGISTERED NUMBER: 04558405)

ABRIDGED BALANCE SHEET - continued
31 OCTOBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 October 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 May 2025 and were signed on its behalf by:





Mrs J M Gibson - Director


RIDGEBACK PROPERTIES LIMITED (REGISTERED NUMBER: 04558405)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1. STATUTORY INFORMATION

Ridgeback Properties Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2023 90,000
Revaluations 37,500
At 31 October 2024 127,500
NET BOOK VALUE
At 31 October 2024 127,500
At 31 October 2023 90,000

RIDGEBACK PROPERTIES LIMITED (REGISTERED NUMBER: 04558405)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

4. INVESTMENT PROPERTY - continued

Fair value at 31 October 2024 is represented by:
£   
Valuation in 2005 15,062
Valuation in 2006 5,000
Valuation in 2010 (17,000 )
Valuation in 2014 5,000
Valuation in 2019 17,000
Valuation in 2024 37,500
Cost 64,938
127,500

If investment property had not been revalued it would have been included at the following historical cost:

31.10.24 31.10.23
£    £   
Cost 64,938 64,938

Investment property was valued on an open market value basis on 31 October 2024 by the directors .

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
RIDGEBACK PROPERTIES LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ridgeback Properties Limited for the year ended 31 October 2024 which comprise the Profit and Loss Account, Abridged Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Ridgeback Properties Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ridgeback Properties Limited and state those matters that we have agreed to state to the Board of Directors of Ridgeback Properties Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Ridgeback Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ridgeback Properties Limited. You consider that Ridgeback Properties Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Ridgeback Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






G L Barker & Co LLP
Chartered Certified Accountants
49 Austhorpe Road
Cross Gates
Leeds
LS15 8BA


13 May 2025