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REGISTERED NUMBER: 01497879 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31 August 2024

for

K.F. Ridsdale (Yorkshire) Limited

K.F. Ridsdale (Yorkshire) Limited (Registered number: 01497879)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


K.F. Ridsdale (Yorkshire) Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: K F Ridsdale
J M Ridsdale
Mrs F C Ridsdale-Simpson





SECRETARY: Mrs J Ridsdale





REGISTERED OFFICE: Aketon Bungalow
Follifoot
Harrogate
HG3 1EG





REGISTERED NUMBER: 01497879 (England and Wales)





ACCOUNTANTS: Mitchell Wellock Limited
Unit 24, Skipton Auction Mart
Gargrave Road
Skipton
North Yorkshire
BD23 1UD

K.F. Ridsdale (Yorkshire) Limited (Registered number: 01497879)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,326,009 1,403,992

CURRENT ASSETS
Stocks 15,000 15,000
Debtors 5 40,198 105,708
Cash at bank 639,873 622,935
695,071 743,643
CREDITORS
Amounts falling due within one year 6 335,593 363,602
NET CURRENT ASSETS 359,478 380,041
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,685,487

1,784,033

CREDITORS
Amounts falling due after more than one year 7 (268,760 ) (320,619 )

PROVISIONS FOR LIABILITIES (49,547 ) (64,363 )
NET ASSETS 1,367,180 1,399,051

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,367,080 1,398,951
1,367,180 1,399,051

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

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

K.F. Ridsdale (Yorkshire) Limited (Registered number: 01497879)

Balance Sheet - continued
31 August 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 31 May 2025 and were signed on its behalf by:





Mrs F C Ridsdale-Simpson - Director


K.F. Ridsdale (Yorkshire) Limited (Registered number: 01497879)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

K.F. Ridsdale (Yorkshire) 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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 year 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.

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.

K.F. Ridsdale (Yorkshire) Limited (Registered number: 01497879)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 10 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 September 2023 1,043,366 21,873 296,650
Additions - - 1,750
At 31 August 2024 1,043,366 21,873 298,400
DEPRECIATION
At 1 September 2023 - - 232,237
Charge for year - - 9,881
At 31 August 2024 - - 242,118
NET BOOK VALUE
At 31 August 2024 1,043,366 21,873 56,282
At 31 August 2023 1,043,366 21,873 64,413

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 September 2023 1,259,413 5,980 2,627,282
Additions - - 1,750
At 31 August 2024 1,259,413 5,980 2,629,032
DEPRECIATION
At 1 September 2023 987,606 3,447 1,223,290
Charge for year 67,952 1,900 79,733
At 31 August 2024 1,055,558 5,347 1,303,023
NET BOOK VALUE
At 31 August 2024 203,855 633 1,326,009
At 31 August 2023 271,807 2,533 1,403,992

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 40,198 105,708

K.F. Ridsdale (Yorkshire) Limited (Registered number: 01497879)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 66,908 55,455
Trade creditors 58,700 68,081
Tax - 31,245
Social security and other taxes 3,456 4,675
VAT 21,845 23,815
Other creditors 13,000 10,900
Directors' loan accounts 165,567 163,419
Accrued expenses 6,117 6,012
335,593 363,602

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Bank loans - 1-2 years 268,760 320,619