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REGISTERED NUMBER: 02514089 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JULY 2025

FOR

RIBDEAL LIMITED
TRADING AS
FENNS OF PICCADILLY

RIBDEAL LIMITED (REGISTERED NUMBER: 02514089)
TRADING AS FENNS OF PICCADILLY






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st July 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RIBDEAL LIMITED
TRADING AS FENNS OF PICCADILLY

COMPANY INFORMATION
for the Year Ended 31st July 2025







DIRECTORS: J S G Silver
Mrs W B Silver
L Silver
D Silver





SECRETARY: Mrs W B Silver





REGISTERED OFFICE: 15 St Leonards Road
Epsom Downs
Surrey
KT18 5RG





REGISTERED NUMBER: 02514089 (England and Wales)





ACCOUNTANTS: R.T. Cruse
Accountancy Services Limited
15 St Leonards Road
Epsom Downs
Surrey
KT18 5RG

RIBDEAL LIMITED (REGISTERED NUMBER: 02514089)
TRADING AS FENNS OF PICCADILLY

BALANCE SHEET
31st July 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 271,890 249,786

CURRENT ASSETS
Stocks 109,567 116,913
Debtors 5 586,456 527,010
Cash at bank and in hand 212,767 451,452
908,790 1,095,375
CREDITORS
Amounts falling due within one year 6 612,096 797,533
NET CURRENT ASSETS 296,694 297,842
TOTAL ASSETS LESS CURRENT
LIABILITIES

568,584

547,628

CREDITORS
Amounts falling due after more than one
year

7

37,331

60,662
NET ASSETS 531,253 486,966

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 531,053 486,766
SHAREHOLDERS' FUNDS 531,253 486,966

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2025 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.

RIBDEAL LIMITED (REGISTERED NUMBER: 02514089)
TRADING AS FENNS OF PICCADILLY

BALANCE SHEET - continued
31st July 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 Board of Directors and authorised for issue on 22nd August 2025 and were signed on its behalf by:





J S G Silver - Director


RIBDEAL LIMITED (REGISTERED NUMBER: 02514089)
TRADING AS FENNS OF PICCADILLY

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st July 2025

1. STATUTORY INFORMATION

Ribdeal 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Short leasehold - over the remaining period of the lease
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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Deferred taxation
No provision has been made for taxation deferred as, in the opinion of the directors, there is reasonable probability that the liability will not arise in the forseeable future.


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 41 (2024 - 38 ) .

RIBDEAL LIMITED (REGISTERED NUMBER: 02514089)
TRADING AS FENNS OF PICCADILLY

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st July 2025

4. TANGIBLE FIXED ASSETS
Short Plant and Motor Computer
leasehold machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1st August 2024 60,327 135,226 360,041 1,049 556,643
Additions - 12,645 96,330 - 108,975
Disposals - - (42,990 ) - (42,990 )
At 31st July 2025 60,327 147,871 413,381 1,049 622,628
DEPRECIATION
At 1st August 2024 22,334 88,859 195,315 349 306,857
Charge for year 4,750 8,851 62,718 350 76,669
Eliminated on disposal - - (32,788 ) - (32,788 )
At 31st July 2025 27,084 97,710 225,245 699 350,738
NET BOOK VALUE
At 31st July 2025 33,243 50,161 188,136 350 271,890
At 31st July 2024 37,993 46,367 164,726 700 249,786

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1st August 2024 229,766
Additions 96,330
At 31st July 2025 326,096
DEPRECIATION
At 1st August 2024 95,224
Charge for year 57,722
At 31st July 2025 152,946
NET BOOK VALUE
At 31st July 2025 173,150
At 31st July 2024 134,542

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 469,456 415,682
Other debtors 117,000 111,328
586,456 527,010

RIBDEAL LIMITED (REGISTERED NUMBER: 02514089)
TRADING AS FENNS OF PICCADILLY

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st July 2025

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Hire purchase contracts 85,695 63,684
Trade creditors 364,151 526,024
Taxation and social security 53,164 103,848
Other creditors 109,086 103,977
612,096 797,533

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Hire purchase contracts 37,331 60,662