RIPE BUILDING SERVICES LIMITED


Director	HUGHES, Gareth Roger


Registered Address	62-64 Market Street
	Ashby-De-La-Zouch
	LE65 1AN


Registered Number	11094139 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Called up share capital not paid			711		711
Fixed assets
Tangible assets	3		1,020		1,360
			1,020		1,360
Current assets
Debtors		-		691
Cash at bank and on hand		205		63,016
		205		63,707
Creditors amounts falling due within one year	4	(234,266)		(183,938)
Net current assets (liabilities)			(233,350)		(119,520)
Total assets less current liabilities			(232,330)		(118,160)
Creditors amounts falling due after one year	5		(23,379)		(29,099)
Net assets			(255,709)		(147,259)
Capital and reserves
Called up share capital			1,161,258		1,160,077
Profit and loss account			(1,416,967)		(1,307,336)
Shareholders' funds			(255,709)		(147,259)

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 3 September 2025, and are signed on its behalf by:

HUGHES, Gareth Roger
Director
Registered Company No. 11094139

RIPE BUILDING SERVICES LIMITED

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Going concern
	The company made a loss during the year and at the balance sheet date it had net liabilities. The company is reliant on the support of the shareholders who have made investments at various intervals. On the basis that the shareholders will continue to support the reporting entity for the foreseeable future, the directors consider it appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of the support of the investors.

Going concern

The company made a loss during the year and at the balance sheet date it had net liabilities. The company is reliant on the support of the shareholders who have made investments at various intervals.

On the basis that the shareholders will continue to support the reporting entity for the foreseeable future, the directors consider it appropriate to prepare the financial statements on a going concern basis.

The financial statements do not include any adjustments that would result from a withdrawal of the support of the investors.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	25
	Office Equipment	25

2.	Average number of employees


		2024		2023
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Plant & machinery	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 January 24	1,916	2,536	4,452
At 31 December 24	1,916	2,536	4,452
Depreciation and impairment
At 01 January 24	1,479	1,613	3,092
Charge for year	109	231	340
At 31 December 24	1,588	1,844	3,432
Net book value
At 31 December 24	328	692	1,020
At 31 December 23	437	923	1,360

4.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	178,142	109,427
Taxation and social security	13,920	6,888
Other creditors	8,604	6,906
Accrued liabilities and deferred income	33,600	60,717
Total	234,266	183,938

5.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	23,379	29,099
Total	23,379	29,099