Ringdale Limited Filleted Accounts Cover |
Registered number | |||||||||
03849923 | |||||||||
Filleted Accounts | |||||||||
30 September 2024 | |||||||||
Ringdale Limited Balance Sheet Registrar |
at | |||||||||||
Company No. | |||||||||||
Notes | 2024 | 2023 | |||||||||
£ | £ | ||||||||||
Fixed assets | |||||||||||
Tangible assets | 4 | ||||||||||
Investment property | 5 | ||||||||||
Current assets | |||||||||||
Debtors | 6 | 1,051,706 | 1,057,729 | ||||||||
Cash at bank and in hand | 70,696 | 80,887 | |||||||||
1,122,402 | 1,138,616 | ||||||||||
Creditors: Amount falling due within one year | 7 | (867,304) | () | (897,947) | () | ||||||
Net current assets | |||||||||||
Total assets less current liabilities | |||||||||||
Creditors: Amounts falling due after more than one year | 8 | ( | ( | ||||||||
Provisions for liabilities | |||||||||||
Deferred taxation | ( | ( | |||||||||
Net assets | |||||||||||
Capital and reserves | |||||||||||
Called up share capital | |||||||||||
Revaluation reserve | 9 | ||||||||||
Profit and loss account | 9 | ||||||||||
Total equity | |||||||||||
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account. | |||||||||||
Approved by the board on 16 May 2025 and signed on its behalf by: | |||||||||||
G. Patel | |||||||||||
Director | |||||||||||
16 May 2025 | |||||||||||
Ringdale Limited Notes to the Accounts Registrar |
for the year ended 30 September 2024 | ||||||||||||||
1 | General information | |||||||||||||
Ringdale Limited is a private company limited by shares and incorporated in England and Wales. | ||||||||||||||
Its registered number is: 03849923 | ||||||||||||||
Its registered office is: | ||||||||||||||
2 | Accounting policies | |||||||||||||
Turnover | ||||||||||||||
Revenue from the sale of goods is recognised when all the following conditions are satisfied: • the Company has transferred to the buyer the significant risks and rewards of ownership of the goods; • the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; • 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 transaction can be measured reliably. Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed. | ||||||||||||||
Tangible fixed assets and depreciation | ||||||||||||||
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss. | ||||||||||||||
Plant and machinery | ||||||||||||||
Motor vehicles | ||||||||||||||
Freehold investment property | ||||||||||||||
No depreciation is provided in respect of investment properties. | ||||||||||||||
Provisions | ||||||||||||||
Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties. When payments are eventually made, they are charged to the provision carried in the balance sheet. | ||||||||||||||
3 | Employees | |||||||||||||
2024 | 2023 | |||||||||||||
Number | Number | |||||||||||||
The average monthly number of employees (including directors) during the year was: | ||||||||||||||
4 | Tangible fixed assets | |||||||||||||
Plant and machinery | Fixtures, fittings and equipment | Total | ||||||||||||
£ | £ | £ | ||||||||||||
Cost or revaluation | ||||||||||||||
At 1 October 2023 | ||||||||||||||
Additions | ||||||||||||||
At 30 September 2024 | ||||||||||||||
Depreciation | ||||||||||||||
At 1 October 2023 | ||||||||||||||
Charge for the year | ||||||||||||||
At 30 September 2024 | ||||||||||||||
Net book values | ||||||||||||||
At 30 September 2024 | ||||||||||||||
At 30 September 2023 | 97 | 6,825 | ||||||||||||
5 | Investment property | |||||||||||||
Freehold Investment Property | ||||||||||||||
£ | ||||||||||||||
Valuation | ||||||||||||||
At 1 October 2023 | ||||||||||||||
Revaluation | ||||||||||||||
At 30 September 2024 | ||||||||||||||
6 | Debtors | |||||||||||||
2024 | 2023 | |||||||||||||
£ | £ | |||||||||||||
Other debtors | ||||||||||||||
7 | Creditors: | |||||||||||||
amounts falling due within one year | ||||||||||||||
2024 | 2023 | |||||||||||||
£ | £ | |||||||||||||
Bank loans and overdrafts | ||||||||||||||
Trade creditors | ||||||||||||||
Taxes and social security | ||||||||||||||
Loans from directors | ||||||||||||||
Other creditors | ||||||||||||||
8 | Creditors: | |||||||||||||
amounts falling due after more than one year | ||||||||||||||
2024 | 2023 | |||||||||||||
£ | £ | |||||||||||||
Bank loans and overdrafts | ||||||||||||||
9 | Reserves | |||||||||||||
Fair value reserve | Total other reserves | |||||||||||||
£ | £ | |||||||||||||
At 1 October 2022 | ||||||||||||||
At 30 September 2023 and 1 October 2023 | ||||||||||||||
Movement on revaluation reserve | ||||||||||||||
At 30 September 2024 | ||||||||||||||
10 | Dividends | |||||||||||||
2024 | 2023 | |||||||||||||
£ | £ | |||||||||||||
Dividends for the period: | ||||||||||||||
Dividends paid in the period | 60,000 | 60,000 | ||||||||||||
60,000 | ||||||||||||||
Dividends by type: | ||||||||||||||
Equity dividends | ||||||||||||||
60,000 | 60,000 | |||||||||||||
11 | Related party disclosures | |||||||||||||
As at the year end, £443,575 (2023: £444,956) was due to the directors of the company. The loan is interest free and there are no set terms for repayment of this balance. During the year, dividends of £60,000 (2023: £60,000) were paid out to the directors of the company. Included in other debtors is £1,042,827 (2023: £1,052,827 ) due from Moor Park Developments Ltd and Davenport Manor Nursing Home Ltd. The companies are related party by virtue of common directors. The loan is interest free and repayable on demand. As at the year end, £300,000 (2023: £300,000) was due to the directors of the company which is considered to be payable after a period not less than one year. The loan is interest free. | ||||||||||||||