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REGISTERED NUMBER: 02561045 (England and Wales)
























Unaudited Financial Statements for the Year Ended 30 November 2024

for

Ringwood Arenas Ltd.

Ringwood Arenas Ltd. (Registered number: 02561045)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ringwood Arenas Ltd.

Company Information
for the Year Ended 30 November 2024







DIRECTOR: C R Challoner



SECRETARY: S Challoner



REGISTERED OFFICE: 35 Woodfield Grove
Hoole
Chester
Cheshire
CH2 3NY



REGISTERED NUMBER: 02561045 (England and Wales)



ACCOUNTANTS: Craven Dalton
PO Box 284
Wirral
CH29 9GW



BANKERS: The Royal Bank of Scotland plc
Sandbach Branch
2 Bradwall Road
Sandbach
Cheshire
CW11 9UB

Ringwood Arenas Ltd. (Registered number: 02561045)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 5,379 7,219
5,379 7,219

CURRENT ASSETS
Debtors 6 5,537 4,993
Cash at bank 643 -
6,180 4,993
CREDITORS
Amounts falling due within one year 7 6,256 10,773
NET CURRENT LIABILITIES (76 ) (5,780 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,303

1,439

PROVISIONS FOR LIABILITIES 1,022 1,372
NET ASSETS 4,281 67

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 4,279 65
SHAREHOLDERS' FUNDS 4,281 67

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 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.

Ringwood Arenas Ltd. (Registered number: 02561045)

Balance Sheet - continued
30 November 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 director and authorised for issue on 28 August 2025 and were signed by:





C R Challoner - Director


Ringwood Arenas Ltd. (Registered number: 02561045)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Ringwood Arenas Ltd. 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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.

Ringwood Arenas Ltd. (Registered number: 02561045)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2023
and 30 November 2024 18,000
AMORTISATION
At 1 December 2023
and 30 November 2024 18,000
NET BOOK VALUE
At 30 November 2024 -
At 30 November 2023 -

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 December 2023
and 30 November 2024 17,379 41,367 2,911 61,657
DEPRECIATION
At 1 December 2023 16,174 35,561 2,703 54,438
Charge for year 180 1,452 208 1,840
At 30 November 2024 16,354 37,013 2,911 56,278
NET BOOK VALUE
At 30 November 2024 1,025 4,354 - 5,379
At 30 November 2023 1,205 5,806 208 7,219

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 5,537 3,014
Directors' current accounts - 1,979
5,537 4,993

Ringwood Arenas Ltd. (Registered number: 02561045)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans and overdrafts - 4,571
Trade creditors - 1,651
Tax 2,304 552
Social security and other taxes 92 (51 )
VAT 2,960 3,588
Other creditors (1,484 ) (1,595 )
Directors' current accounts 161 -
Accrued expenses 2,223 2,057
6,256 10,773

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2024 and 30 November 2023:

30.11.24 30.11.23
£    £   
C R Challoner
Balance outstanding at start of year 1,979 (3,589 )
Amounts advanced 2,900 9,508
Amounts repaid (5,040 ) (3,940 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (161 ) 1,979

9. ULTIMATE CONTROLLING PARTY

Throughout the period the company was controlled by C R Challoner, the major shareholder and managing director.