Company registration number 9898152 (England and Wales)
RIBSTON LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
RIBSTON LTD
CONTENTS
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 5
RIBSTON LTD
STATEMENT OF FINANCIAL POSITION
AS AT
31 DECEMBER 2024
31 December 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
6,661
6,053
Investments
4
407,122
389,275
413,783
395,328
Current assets
Debtors
5
493,311
727,503
Cash at bank and in hand
1,961,588
1,930,479
2,454,899
2,657,982
Creditors: amounts falling due within one year
6
(741,573)
(746,508)
Net current assets
1,713,326
1,911,474
Total assets less current liabilities
2,127,109
2,306,802
Provisions for liabilities
(1,666)
(1,513)
Net assets
2,125,443
2,305,289
Capital and reserves
Called up share capital
1
1
Revaluation reserve
7
87,123
69,276
Profit and loss reserves
2,038,319
2,236,012
Total equity
2,125,443
2,305,289
RIBSTON LTD
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT
31 DECEMBER 2024
31 December 2024
- 2 -

For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 14 April 2025 and are signed on its behalf by:
Mr Toby Mott
Director
Company registration number 9898152 (England and Wales)
RIBSTON LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 3 -
1
Accounting policies
Company information

Ribston Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Unit 402, 4th Floor, Vox Studios, 1-45 Durham Street, Vauxhall, London, SE11 5JH.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
15% on reducing balance
Computers
33% on cost

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.

RIBSTON LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 4 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
6
6
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2024
36,995
Additions
4,514
At 31 December 2024
41,509
Depreciation and impairment
At 1 January 2024
30,942
Depreciation charged in the year
3,906
At 31 December 2024
34,848
Carrying amount
At 31 December 2024
6,661
At 31 December 2023
6,053
4
Fixed asset investments
2024
2023
£
£
Other investments other than loans
407,122
389,275
RIBSTON LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
4
Fixed asset investments
(Continued)
- 5 -
Movements in fixed asset investments
Investments
£
Cost or valuation
At 1 January 2024
389,275
Valuation changes
17,847
At 31 December 2024
407,122
Carrying amount
At 31 December 2024
407,122
At 31 December 2023
389,275
5
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
-
0
260,238
Other debtors
493,311
467,265
493,311
727,503
6
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
1,343
3,877
Trade creditors
6,161
2,619
Corporation tax
448,769
451,520
Other taxation and social security
96,464
125,461
Other creditors
188,836
163,031
741,573
746,508
7
Revaluation reserve
2024
2023
£
£
At the beginning of the year
69,276
69,256
Other movements
17,847
20
At the end of the year
87,123
69,276
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