REGISTERED NUMBER: 09794556 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Ribble Valley Property Development Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R M Evans

Mrs H M Evans

REGISTERED OFFICE:

2 York Street

Clitheroe

Lancashire

BB7 2DL

REGISTERED NUMBER:

09794556 (England and Wales)

ACCOUNTANTS:

FS Accountants Limited

2 York Street

Clitheroe

Lancashire

BB7 2DL

FIXED ASSETS

Tangible assets

4

67,862

14,577

CURRENT ASSETS

Stocks

436,927

83,415

Debtors

70,656

172,074

Cash at bank and in hand

546,765

702,469

1,054,348

957,958

CREDITORS

Amounts falling due within one year

286,633

248,529

NET CURRENT ASSETS

767,715

709,429

TOTAL ASSETS LESS CURRENT LIABILITIES

835,577

724,006

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

835,477

723,906

SHAREHOLDERS' FUNDS

835,577

724,006

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

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

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 September 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 29 September 2025 and were signed on its behalf by:

R M Evans - Director

1.	STATUTORY INFORMATION

Ribble Valley Property Development 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.

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

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 October 2023

41,494

Additions

74,850

Disposals

(21,202

)

At 30 September 2024

95,142

DEPRECIATION

At 1 October 2023

26,917

Charge for year

16,534

Eliminated on disposal

(16,171

)

At 30 September 2024

27,280

NET BOOK VALUE

At 30 September 2024

67,862

At 30 September 2023

14,577