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Registration number: 03337259

Rider Comms Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 9

Rider Comms Limited

Company Information

Directors

S A Rider N Rider A W Rider

Registered office

3 Warners Mill Silks Way Braintree Essex CM7 3GB

Bankers

Barclays Bank plc The Welwyn Group 12/12A Howard Centre Welwyn Garden City Hertfordshire AL8 6HA

Accountants

Lambert Chapman LLP Chartered Accountants3 Warners Mill Silks Way Braintree Essex CM7 3GB

Rider Comms Limited

(Registration number: 03337259)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	550,746	550,417
Current assets
Stocks	6	100,940	98,081
Debtors	7	1,206,862	990,184
Cash at bank and in hand		159,710	480,208
		1,467,512	1,568,473
Creditors: Amounts falling due within one year	8	(821,954)	(666,138)
Net current assets		645,558	902,335
Total assets less current liabilities		1,196,304	1,452,752
Creditors: Amounts falling due after more than one year	8	(157,375)	(207,385)
Provisions for liabilities		(56,856)	(53,330)
Net assets		982,073	1,192,037
Capital and reserves
Called up share capital	9	137	137
Capital redemption reserve		8	8
Retained earnings		981,928	1,191,892
Shareholders' funds		982,073	1,192,037

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 25 November 2025 and signed on its behalf by:
 

A W Rider
Director

Rider Comms Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is: 3 Warners Mill, Silks Way, Braintree, Essex, CM7 3GB.

The principal place of business is: Silks House, 112 South Street, Braintree, Essex, CM7 3QQ.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

These financial statements are presented in Sterling (£), which is the company's functional currency.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the design or supply of telecommunications equipment in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

Current Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on temporary material differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Rider Comms Limited

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Land and buildings	2% Straight line method
Office Equipment, fixtures & fittings	50% Straight line method, 25% reducing balance
Motor vehicles	25% Reducing balance method
Improvements to property	4% Straight line method
Plant and machinery	25% Reducing balance method

Development costs

The amount paid in connection with the development of software used in connection with telecommunication equipment. The assets are carried at the costs less accumulated amortisation and any accumulated impairment losses.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life. Full amortisation has been charged where a product will not go into production

Asset class	Amortisation method and rate
Development Costs	Amortised evenly over 5/10/15/20 year periods

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are amounts due from customers for the design and supply of telecommunications equipment.

Trade debtors are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

The cost of finished goods and comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price.

Rider Comms Limited

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Long term employee benefits

The holiday year for Rider Comms Limited ends at 31 December 2025.

Any unused holiday can only be carried forward at the discretion of the directors. The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Rider Comms Limited

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 16 (2024 - 16).

4	Intangible assets

	Internally generated software development costs  £	Total £
Cost or valuation
At 1 April 2024	344,196	344,196
At 31 March 2025	344,196	344,196
Amortisation
At 1 April 2024	344,196	344,196
At 31 March 2025	344,196	344,196
Carrying amount
At 31 March 2025	-	-

Rider Comms Limited

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

5	Tangible assets

	Land and buildings £	Office Equipment, Fixtures and fittings £	Motor vehicles  £	Improvements to property  £	Plant and machinery  £	Total £
Cost or valuation
At 1 April 2024	391,907	65,911	336,036	39,900	11,950	845,704
Additions	-	1,677	43,549	19,300	186	64,712
Disposals	-	(1,125)	(11,868)	-	(2,646)	(15,639)
At 31 March 2025	391,907	66,463	367,717	59,200	9,490	894,777
Depreciation
At 1 April 2024	60,746	54,746	159,868	11,827	8,100	295,287
Charge for the year	7,838	5,036	45,559	2,304	997	61,734
Eliminated on disposal	-	(1,125)	(9,344)	-	(2,521)	(12,990)
At 31 March 2025	68,584	58,657	196,083	14,131	6,576	344,031
Carrying amount
At 31 March 2025	323,323	7,806	171,634	45,069	2,914	550,746
At 31 March 2024	331,161	11,165	176,168	28,073	3,850	550,417

Included within the net book value of land and buildings above is £323,323 (2024 - £331,161) in respect of freehold land and buildings.

6

Stocks

	2025 £	2024 £
Other inventories	100,940	98,081

7

Debtors

	2025 £	2024 £
Trade debtors	1,184,443	967,117
Other debtors	33	8,159
Prepayments	22,386	14,908
	1,206,862	990,184

Rider Comms Limited

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Trade creditors		480,652	325,758
Loans and borrowings	10	47,899	43,142
Other creditors		14,747	11,632
Taxation and social security		180,329	278,924
Accruals and deferred income		98,327	6,682
		821,954	666,138

Creditors include bank loans and net obligations under finance lease and hire purchase contracts which are secured of £47,899 (2024 - £43,142).

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	10	157,375	207,385

	2025 £	2024 £
Due after more than five years
After more than five years by instalments	56,088	84,377

	-	-