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REGISTERED NUMBER: 00890632 (England and Wales)










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: Lady L M Batho
Mr R G Batho





REGISTERED OFFICE: 5 Church Street
Framlingham
Woodbridge
Suffolk
IP13 9BQ





REGISTERED NUMBER: 00890632 (England and Wales)





ACCOUNTANTS: Turner & Ellerby
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 - 189,278
Investment property 5 175,000 132,000
175,000 321,278

CURRENT ASSETS
Cash at bank 42,806 9,980

CREDITORS
Amounts falling due within one year 6 10,065 1,769
NET CURRENT ASSETS 32,741 8,211
TOTAL ASSETS LESS CURRENT
LIABILITIES

207,741

329,489

PROVISIONS FOR LIABILITIES 7 25,405 11,189
NET ASSETS 182,336 318,300

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8 182,236 318,200
SHAREHOLDERS' FUNDS 182,336 318,300

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

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

RIDGLEY (RAMSEY) LIMITED (Registered number: 00890632)

Balance Sheet - continued
31 December 2024


The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 6 May 2025 and were signed on its behalf by:




Mr R G Batho - Director



Lady L M Batho - Director


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 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.

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.

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 2 (2023 - 3 ) .

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 189,278
Additions 17,305
Disposals (206,583 )
At 31 December 2024 -
NET BOOK VALUE
At 31 December 2024 -
At 30 September 2023 189,278

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023 132,000
Revaluations 43,000
At 31 December 2024 175,000
NET BOOK VALUE
At 31 December 2024 175,000
At 30 September 2023 132,000

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 7,165 1,369
Accrued expenses 2,900 400
10,065 1,769

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 25,405 11,189

Deferred
tax
£   
Balance at 1 October 2023 11,189
Investment Prop'y revaluation 14,216
Balance at 31 December 2024 25,405

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.