REGISTERED NUMBER: 04928869 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

RIDGEWAY RIDING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs V L Finlay

A F Finlay

REGISTERED OFFICE:

Matlock Farm Park

Jaggers Lane

Matlock

Derbyshire

DE4 5LH

REGISTERED NUMBER:

04928869 (England and Wales)

ACCOUNTANTS:

Beeley Hawley & Co. Ltd

Chartered Accountants

42-44 Nottingham Road

Mansfield

Nottinghamshire

NG18 1BL

FIXED ASSETS

Tangible assets

4

17,206

19,971

CURRENT ASSETS

Stocks

2,300

2,300

Debtors

5

222,781

202,254

Cash at bank and in hand

30

1,445

225,111

205,999

CREDITORS

Amounts falling due within one year

6

117,532

108,049

NET CURRENT ASSETS

107,579

97,950

TOTAL ASSETS LESS CURRENT LIABILITIES

124,785

117,921

CREDITORS

Amounts falling due after more than one year

7

3,661

5,185

NET ASSETS

121,124

112,736

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

121,024

112,636

121,124

112,736

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

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

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 30 September 2025 and were signed on its behalf by:

Mrs V L Finlay - Director

1.	STATUTORY INFORMATION

Ridgeway Riding 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 etc

-

25% on reducing balance and 15% 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 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

44,558

Additions

2,250

At 31 December 2024

46,808

DEPRECIATION

At 1 January 2024

24,587

Charge for year

5,015

At 31 December 2024

29,602

NET BOOK VALUE

At 31 December 2024

17,206

At 31 December 2023

19,971

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

222,781

202,254

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

4,484

3,552

Trade creditors

17,122

18,693

Tax

4,035

864

Social security and other taxes

329

1,464

Other creditors

87,476

81,226

Directors' loan accounts

1,626

-

Accrued expenses

2,460

2,250

117,532

108,049

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 1-2 years

3,661

5,185

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

Mrs V L Finlay and A F Finlay

Balance outstanding at start of year

438

(10,816

)

Amounts advanced

357

13,074

Amounts repaid

(2,421

)

(1,820

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,626

)

438