Company Registration No. 06802631 (England and Wales)
Riddale Ltd
Unaudited accounts
for the year ended 28 February 2025
Riddale Ltd
Unaudited accounts
Contents
Riddale Ltd
Company Information
for the year ended 28 February 2025
Directors
Peter Ridding
Alec Dale Ellis
Company Number
06802631 (England and Wales)
Registered Office
Duke House
Duke Street
Skipton
North Yorkshire
BD23 2HQ
England
Accountants
Goodbooks (Skipton) Ltd
Duke House
Duke Street
Skipton
North Yorkshire
BD23 2HQ
Riddale Ltd
Statement of financial position
as at 28 February 2025
Tangible assets
6,360
32,763
Cash at bank and in hand
9,869
7,736
Creditors: amounts falling due within one year
(34,110)
(58,515)
Net current liabilities
(21,710)
(10,722)
Total assets less current liabilities
(15,350)
22,041
Creditors: amounts falling due after more than one year
(2,500)
(13,333)
Net (liabilities)/assets
(17,850)
8,708
Called up share capital
99
99
Profit and loss account
(17,949)
8,609
Shareholders' funds
(17,850)
8,708
For the year ending 28 February 2025 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 October 2025 and were signed on its behalf by
Alec Dale Ellis
Director
Company Registration No. 06802631
Riddale Ltd
Notes to the Accounts
for the year ended 28 February 2025
Riddale Ltd is a private company, limited by shares, registered in England and Wales, registration number 06802631. The registered office is Duke House, Duke Street, Skipton, North Yorkshire, BD23 2HQ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing balance and 4 years Straight line
Motor vehicles
25% Reducing balance
Computer equipment
33.33% Straight line
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Riddale Ltd
Notes to the Accounts
for the year ended 28 February 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2024
58,333
17,954
4,813
81,100
Disposals
(52,143)
(9,954)
-
(62,097)
At 28 February 2025
6,190
8,000
4,813
19,003
At 1 March 2024
29,001
15,673
3,663
48,337
Charge for the year
547
570
1,102
2,219
On disposals
(27,959)
(9,954)
-
(37,913)
At 28 February 2025
1,589
6,289
4,765
12,643
At 28 February 2025
4,601
1,711
48
6,360
At 29 February 2024
29,332
2,281
1,150
32,763
Amounts falling due within one year
Other debtors
1,885
25,637
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
10,000
10,000
Trade creditors
3,000
1,648
Taxes and social security
-
23,751
Loans from directors
21,110
3,137
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 2 (2024: 4).