Ringdale Limited Filleted Accounts Cover
Registered number
03849923
Ringdale Limited
Filleted Accounts
30 September 2024
Ringdale Limited Balance Sheet Registrar
at
30 September 2024
Company No.
03849923
Notes
2024
2023
£
£
Fixed assets
Tangible assets
4
7,8666,922
Investment property
5
3,800,0002,011,500
3,807,8662,018,422
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
255,098
240,669
Total assets less current liabilities
4,062,9642,259,091
Creditors: Amounts falling due after more than one year
8
(875,198)
(865,895)
Provisions for liabilities
Deferred taxation
(609,287)
(161,863)
Net assets
2,578,4791,231,333
Capital and reserves
Called up share capital
100100
Revaluation reserve
9
2,024,402683,027
Profit and loss account
9
553,977548,206
Total equity
2,578,4791,231,333
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
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.
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:
Westfield, Chauntree Road
Maidenhead
Berkshire
United Kingdom
SL6 1TS
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

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
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

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.
Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:
Plant and machinery
15% reducing balance
Motor vehicles
33% on cost
Freehold investment property
Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.
Provisions
Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

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:
22
4
Tangible fixed assets
Plant and machinery
Fixtures, fittings and equipment
Total
£
£
£
Cost or revaluation
At 1 October 2023
1,91814,84516,763
Additions
3,000-3,000
At 30 September 2024
4,91814,84519,763
Depreciation
At 1 October 2023
1,8218,0209,841
Charge for the year
1,0321,0242,056
At 30 September 2024
2,8539,04411,897
Net book values
At 30 September 2024
2,0655,8017,866
At 30 September 2023
97
6,825
6,922
5
Investment property
Freehold Investment Property
£
Valuation
At 1 October 2023
2,011,500
Revaluation
1,788,500
At 30 September 2024
3,800,000
6
Debtors
2024
2023
£
£
Other debtors
1,051,7061,057,729
1,051,7061,057,729
7
Creditors:
amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
40,76181,244
Trade creditors
2,185-
Taxes and social security
18,379
9,646
Loans from directors
803,575804,956
Other creditors
2,4042,101
867,304897,947
8
Creditors:
amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
875,198865,895
875,198865,895
9
Reserves
Fair value reserve
Total other reserves
£
£
At 1 October 2022
683,027
683,027
At 30 September 2023 and 1 October 2023
683,027
683,027
Movement on revaluation reserve
1,341,375
1,341,375
At 30 September 2024
2,024,4022,024,402
Revaluation reserve - reflects the revaluation of property other than investment properties.
Profit and loss account - includes all current and prior period retained profits and losses.
10
Dividends
2024
2023
£
£
Dividends for the period:
Dividends paid in the period
60,000
60,000
60,000
60,000
Dividends by type:
Equity dividends
60,00060,000
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.
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