REGISTERED NUMBER: 14117413 (England and Wales)

Unaudited Financial Statements

for the Period 1 June 2024 to 31 March 2025

for

Riseley House Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

15,058

7,228

CURRENT ASSETS

Debtors

5

39,779

51,297

Cash at bank and in hand

73,771

87,097

113,550

138,394

CREDITORS

Amounts falling due within one year

6

812,098

273,887

NET CURRENT LIABILITIES

(698,548

)

(135,493

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(683,490

)

(128,265

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(683,590

)

(128,365

)

SHAREHOLDERS' FUNDS

(683,490

)

(128,265

)

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2025 and were signed on its behalf by:

Mr A J Carley - Director

1.	STATUTORY INFORMATION

Riseley House Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

14117413

Registered office:

Ebenezer House

Ryecroft

Newcastle-under-Lyme

Staffordshire

ST5 2BE

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The financial statements have been prepared on a going concern basis notwithstanding the deficit in net assets. The main creditor of the company is balances, owed from companies within the same group, of £486,096 (2024: £148,931). The group companies do not intend to request repayment of this in the foreseeable future and therefore the directors are satisfied that the development of the company will be supported for the next year.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on cost

Computer equipment

-

20% on cost

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 period 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.

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 period was 26 (2024 - 26 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 June 2024

7,933

2,024

9,957

Additions

10,366

1,910

12,276

At 31 March 2025

18,299

3,934

22,233

DEPRECIATION

At 1 June 2024

2,324

405

2,729

Charge for period

3,659

787

4,446

At 31 March 2025

5,983

1,192

7,175

NET BOOK VALUE

At 31 March 2025

12,316

2,742

15,058

At 31 May 2024

5,609

1,619

7,228

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

5,710

25,136

Other debtors

34,069

26,161

39,779

51,297

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

49,319

37,490

Amounts owed to group undertakings

486,096

-

Amounts owed to associates

-

148,931

Taxation and social security

57,672

7,894

Other creditors

219,011

79,572

812,098

273,887

7.	OTHER FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £1,266,667 (2024: £1,600,000). This figure consists wholly of rental expense to a company in the same group.