REGISTERED NUMBER: 07944306 (England and Wales)

Riskmonitor Holdings Limited

Unaudited Financial Statements

for the Year Ended 31 December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

D O Dean

SECRETARY:

C E Byrne

REGISTERED OFFICE:

Sovereign House

Sterling Drive

Llantrisant

Rhondda Cynon Taff

CF72 8YX

REGISTERED NUMBER:

07944306 (England and Wales)

ACCOUNTANTS:

Xeinadin South Wales & West Limited

Accountants & Business Advisors

Suite 2d,

Building 1 Eastern Business Park

St Mellons

Cardiff

CF3 5EA

FIXED ASSETS

Tangible assets

4

1,473,328

1,474,071

CURRENT ASSETS

Debtors

5

56,871

22,893

Cash at bank

67,603

142,470

124,474

165,363

CREDITORS

Amounts falling due within one year

6

199,020

176,126

NET CURRENT LIABILITIES

(74,546

)

(10,763

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,398,782

1,463,308

CREDITORS

Amounts falling due after more than one year

7

(670,544

)

(722,033

)

PROVISIONS FOR LIABILITIES

(1,721

)

(2,185

)

NET ASSETS

726,517

739,090

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

9

347,518

347,518

Capital redemption reserve

2

2

Retained earnings

378,897

391,470

726,517

739,090

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 director acknowledges his 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 director and authorised for issue on 20 November 2025 and were signed by:

D O Dean - Director

1.	STATUTORY INFORMATION

Riskmonitor Holdings Limited 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.

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 as modified by the revaluation of certain assets.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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.

Freehold property

-

2% on cost

Plant and machinery

-

10% to 30% on cost

Fixtures and fittings

-

25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

Despite the company having net current liabilities the Director believes that the company should be treated as a going concern as there is sufficient support to meet current and upcoming liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

Totals

£

£

£

£

COST OR VALUATION

At 1 January 2024

1,466,470

195,496

23,109

1,685,075

Additions

-

3,250

-

3,250

At 31 December 2024

1,466,470

198,746

23,109

1,688,325

DEPRECIATION

At 1 January 2024

-

187,895

23,109

211,004

Charge for year

-

3,993

-

3,993

At 31 December 2024

-

191,888

23,109

214,997

NET BOOK VALUE

At 31 December 2024

1,466,470

6,858

-

1,473,328

At 31 December 2023

1,466,470

7,601

-

1,474,071

Cost or valuation at 31 December 2024 is represented by:

Fixtures

Freehold

Plant and

and

property

machinery

fittings

Totals

£

£

£

£

Valuation in 2022

(9,197

)

-

-

(9,197

)

Cost

1,475,667

198,746

23,109

1,697,522

1,466,470

198,746

23,109

1,688,325

If freehold property had not been revalued it would have been included at the following historical cost:

31.12.24

31.12.23

£

£

Cost

1,475,667

1,475,667

Value of land in freehold land and buildings

1,475,667

1,475,667

The freehold property was valued on an open market basis on 30 September 2022 by an independent third party .

The freehold property was valued by professional valuers on an open market basis. As this evaluation was carried out in the prior year the Directors carried out a further assessment this year to review for any changes in circumstance.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

-

864

Amounts owed by group undertakings

54,193

19,357

Other debtors

2,678

2,672

56,871

22,893

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

57,698

61,586

Trade creditors

14,660

1,534

Amounts owed to group undertakings

18,400

2,600

Taxation and social security

69,135

36,059

Other creditors

39,127

74,347

199,020

176,126

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

670,544

722,033

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

409,647

449,642

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Bank loans

728,242

783,619

Barclays Bank PLC hold a debenture with a fixed and floating charge over all the company's assets.

9.

RESERVES

Revaluation

reserve

£

At 1 January 2024

and 31 December 2024

347,518

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Ymlaen Investments Limited.