| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Period |
| 1 October 2023 to 31 December 2024 |
| for |
| RIDGLEY (RAMSEY) LIMITED |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Period |
| 1 October 2023 to 31 December 2024 |
| for |
| RIDGLEY (RAMSEY) LIMITED |
| RIDGLEY (RAMSEY) LIMITED (Registered number: 00890632) |
| Contents of the Financial Statements |
| for the Period 1 October 2023 to 31 December 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| RIDGLEY (RAMSEY) LIMITED |
| Company Information |
| for the Period 1 October 2023 to 31 December 2024 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| 5 Church Street |
| Framlingham |
| Woodbridge |
| Suffolk |
| IP13 9BQ |
| RIDGLEY (RAMSEY) LIMITED (Registered number: 00890632) |
| Balance Sheet |
| 31 December 2024 |
| 2024 | 2023 |
| Notes | £ | £ | £ |
| FIXED ASSETS |
| Investments | 4 |
| Investment property | 5 |
| CURRENT ASSETS |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | 7 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | 8 |
| 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. |
| RIDGLEY (RAMSEY) LIMITED (Registered number: 00890632) |
| Balance Sheet - continued |
| 31 December 2024 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| RIDGLEY (RAMSEY) LIMITED (Registered number: 00890632) |
| Notes to the Financial Statements |
| for the Period 1 October 2023 to 31 December 2024 |
| 1. | STATUTORY INFORMATION |
| RIDGLEY (RAMSEY) LIMITED is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 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 period 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| RIDGLEY (RAMSEY) LIMITED (Registered number: 00890632) |
| Notes to the Financial Statements - continued |
| for the Period 1 October 2023 to 31 December 2024 |
| 4. | FIXED ASSET INVESTMENTS |
| Other |
| investments |
| £ |
| COST |
| At 1 October 2023 |
| Additions |
| Disposals | ( |
) |
| At 31 December 2024 |
| NET BOOK VALUE |
| At 31 December 2024 |
| At 30 September 2023 |
| 5. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1 October 2023 |
| Revaluations | 43,000 |
| At 31 December 2024 |
| NET BOOK VALUE |
| At 31 December 2024 |
| At 30 September 2023 |
| Freehold property relates to 5/7 Wilmington Parade, Brighton acquired by the company in the year ended 30 September 1996. |
| Fair value at 31 December 2024 is represented by: |
| £ |
| Valuation in 2024 | 134,413 |
| Cost | 40,587 |
| 175,000 |
| If investment property had not been revalued it would have been included at the following historical cost: |
| 2024 | 2023 |
| £ | £ |
| Cost | 40,587 | 40,587 |
| Investment property was valued on an open market basis on 31 December 2024 by the directors . |
| For the period ended 31st December 2024 the directors' reviewed the valuation of the investment property on an open market basis and were of the opinion that an adjustment was needed to increase the carrying value to £175,000. |
| RIDGLEY (RAMSEY) LIMITED (Registered number: 00890632) |
| Notes to the Financial Statements - continued |
| for the Period 1 October 2023 to 31 December 2024 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Tax |
| Accrued expenses |
| 7. | PROVISIONS FOR LIABILITIES |
| 2024 | 2023 |
| £ | £ |
| Deferred tax | 25,405 | 11,189 |
| Deferred |
| tax |
| £ |
| Balance at 1 October 2023 |
| Investment Prop'y revaluation | 14,216 |
| Balance at 31 December 2024 |
| 8. | RESERVES |
| The Profit and Loss reserve as at 31 December 2024 includes £109,008 (30 September 2023: £94,562) of unrealised gains on the revaluation of investment property and other financial investments. |