Rigold Limited - Filleted accounts

Registered number

07987174

Rigold Limited

Filleted Accounts

31 March 2025

H J Pinczewski and Co.

Chartered Certified Accountants

Rico House

George Street

Upper Floor

Prestwich Manchester

M25 9WS

Rigold Limited
Registered number:		07987174
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		1,248			1,560

Current assets
Debtors	4	3,877			361
Cash at bank and in hand		28,302			39,461
		32,179			39,822

Creditors: amounts falling due within one year	5	(12,362)			(13,733)

#NAME?			19,817			26,089

Total assets less current liabilities			21,065			27,649

Creditors: amounts falling due after more than one year	6		(967)			(5,984)

Provisions for liabilities			(237)			(296)


#NAME?			19,861			21,369

Capital and reserves
Called up share capital			1			1
Profit and loss account			19,860			21,368

Shareholder's funds			19,861			21,369

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Richard Gold
Director
Approved by the board on 22 August 2025

Rigold Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Plant and machinery	over 10 years
	Fixtures, fittings, tools and equipment	over 10 years


	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			1		1


3	Tangible fixed assets
		Plant and machinery etc		Fixtures and fittings		Total
£			£		£
	Cost
	At 1 April 2024	9,169		161		9,330
	At 31 March 2025	9,169		161		9,330

	Depreciation
	At 1 April 2024	7,674		96		7,770
	Charge for the year	299		13		312
	At 31 March 2025	7,973		109		8,082

	Net book value
	At 31 March 2025	1,196		52		1,248
	At 31 March 2024	1,495		65		1,560

4	Debtors			2025		2024
£					£

	Trade debtors			3,677		319
	Prepayments and accrued income			200		42

				3,877		361

5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			4,893		4,770
	Trade creditors			2,032		2,077
	Corporation tax			4,045		3,953
	Director's account			139		91
	Accruals and deferred income			1,253		2,842
				12,362		13,733


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			967		5,984


7	Controlling party

	The company is under the control of Richard Gold.

8	Other information

	Rigold Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Rico House
	George Street
	Upper Floor
	Prestwich Manchester
	M25 9WS