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REGISTERED NUMBER: 07984329 (England and Wales)







Unaudited Financial Statements

for the Year Ended 31 March 2025

for

R.I.G. Trading Limited

R.I.G. Trading Limited (Registered number: 07984329)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


R.I.G. Trading Limited

Company Information
for the Year Ended 31 March 2025







DIRECTOR: R I Griffiths





REGISTERED OFFICE: Suite 1
Liberty House
South Liberty Lane
Bristol
BS3 2ST





REGISTERED NUMBER: 07984329 (England and Wales)





ACCOUNTANTS: Stanley Joseph Limited
Chartered Accountants
Suite 1
Liberty House
South Liberty Lane
Bristol
BS3 2ST

R.I.G. Trading Limited (Registered number: 07984329)

Statement of Financial Position
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,188 20,525

CURRENT ASSETS
Stocks 5 3,216,799 667,039
Debtors 6 8,668 111,673
Cash at bank 32,733 1,267
3,258,200 779,979
CREDITORS
Amounts falling due within one year 7 3,148,880 691,100
NET CURRENT ASSETS 109,320 88,879
TOTAL ASSETS LESS CURRENT
LIABILITIES

124,508

109,404

PROVISIONS FOR LIABILITIES 3,797 5,131
NET ASSETS 120,711 104,273

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 120,611 104,173
SHAREHOLDERS' FUNDS 120,711 104,273

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

R.I.G. Trading Limited (Registered number: 07984329)

Statement of Financial Position - continued
31 March 2025


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 director and authorised for issue on 18 June 2025 and were signed by:





R I Griffiths - Director


R.I.G. Trading Limited (Registered number: 07984329)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

R.I.G. Trading 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 represents the amounts receivable, excluding VAT and trade discounts, by the company for goods and services provided during the year. All transactions arose in the United Kingdom.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 statement of financial position date.


R.I.G. Trading Limited (Registered number: 07984329)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2024
and 31 March 2025 13,040 38,821 3,261 55,122
DEPRECIATION
At 1 April 2024 7,047 25,115 2,435 34,597
Charge for year 1,498 3,426 413 5,337
At 31 March 2025 8,545 28,541 2,848 39,934
NET BOOK VALUE
At 31 March 2025 4,495 10,280 413 15,188
At 31 March 2024 5,993 13,706 826 20,525

5. STOCKS
31.3.25 31.3.24
£    £   
Work-in-progress 3,216,799 667,039

R.I.G. Trading Limited (Registered number: 07984329)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
VAT 7,495 110,497
Prepayments 1,173 1,176
8,668 111,673

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Directors' current accounts 3,147,601 689,821
Accrued expenses 1,279 1,279
3,148,880 691,100

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Mr R Griffiths
Director20252024

Use of home as office780780

Dividends--

Capital introduced2,457,780689,680

Capital withdrawn--

At the year end, the company owed the director £3,147,601 (2024: £689,821).

9. ULTIMATE CONTROLLING PARTY

The controlling party is R I Griffiths.