Company No:
Contents
| DIRECTORS | Nicole Marie Gregory |
| Matthew William Ellis Gregory |
| REGISTERED OFFICE | Hillcrest |
| Station Hill | |
| Bury St Edmunds | |
| IP30 0DT | |
| United Kingdom |
| COMPANY NUMBER | 12891939 (England and Wales) |
| CHARTERED ACCOUNTANTS | Gascoynes |
| Gascoyne House | |
| Moseleys Farm Business Centre | |
| Fornham All Saints | |
| Bury St Edmunds | |
| Suffolk | |
| IP28 6JY |
| Note | 31.03.2025 | 30.09.2024 | ||
| £ | £ | |||
| Fixed assets | ||||
| Tangible assets | 3 |
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| 499,611 | 500,269 | |||
| Current assets | ||||
| Debtors | 4 |
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| Cash at bank and in hand |
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| 18,552 | 14,645 | |||
| Creditors: amounts falling due within one year | 5 | (
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| Net current liabilities | (515,619) | (516,318) | ||
| Total assets less current liabilities | (16,008) | (16,049) | ||
| Provision for liabilities | (
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| Net liabilities | (
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| Capital and reserves | ||||
| Called-up share capital | 6 |
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| Fair value reserve |
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| Profit and loss account | (
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| Total shareholders' deficit | (
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Directors' responsibilities:
The financial statements of Risserley Properties Limited (registered number:
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Nicole Marie Gregory
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.
Risserley Properties Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Hillcrest, Station Hill, Bury St Edmunds, IP30 0DT, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
| Investment property | not depreciated |
| Fixtures and fittings |
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The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).
When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.
| Period from 01.10.2024 to 31.03.2025 |
Year ended 30.09.2024 |
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| Number | Number | ||
| Monthly average number of persons employed by the Company during the period, including directors |
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| Investment property | Fixtures and fittings | Total | |||
| £ | £ | £ | |||
| Cost | |||||
| At 01 October 2024 |
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| At 31 March 2025 |
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| Accumulated depreciation | |||||
| At 01 October 2024 |
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| Charge for the financial period |
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| At 31 March 2025 |
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| Net book value | |||||
| At 31 March 2025 | 495,001 | 4,610 | 499,611 | ||
| At 30 September 2024 | 495,001 | 5,268 | 500,269 |
| 31.03.2025 | 30.09.2024 | ||
| £ | £ | ||
| Trade debtors |
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| Other debtors |
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| 31.03.2025 | 30.09.2024 | ||
| £ | £ | ||
| Other creditors |
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| 31.03.2025 | 30.09.2024 | ||
| £ | £ | ||
| Allotted, called-up and fully-paid | |||
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