Ridgeway It Limited

Ridgeway It Limited
Statement of Financial Position
As at 31 March 2025

	Notes	31/03/2025 £	31/03/2024 £
Fixed assets
Tangible fixed assets	3	7,679	7,088
		7,679	7,088
Current assets
Debtors	4	284,749	115,660
Cash at bank and in hand		266,192	218,498
		550,941	334,158
Creditors: amount falling due within one year	5	(469,736)	(118,258)
Net current assets		81,205	215,900

Total assets less current liabilities		88,884	222,988
Net assets		88,884	222,988

Capital and reserves
Called up share capital	6	1	1
Profit and loss account		88,883	222,987
Shareholders' funds		88,884	222,988

For the 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.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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. In accordance with Section 444 of the Companies Act 2006, the profit and loss account has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 12 December 2025 and were signed on its behalf by:

-------------------------------
Tom Douglas
Director

Ridgeway It Limited
Notes to the Financial Statements
For the year ended 31 March 2025

General Information

Ridgeway It Limited is a private company, limited by shares, registered in England and Wales, registration number 08933184, registration address Harwell Innovation Centre, Curie Avenue, Harwell, Oxfordshire, OX11 0QG.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment	25% Straight Line
Fixtures and Fittings	25% Straight Line

2.	Average number of employees Average number of employees during the year was 5 (2024 : 3).

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Computer Equipment	Total
	£	£	£
At 01 April 2024	6,376	21,292	27,668
Additions	-	2,547	2,547
Disposals	1,546	-	1,546
At 31 March 2025	7,922	23,839	31,761
Depreciation
At 01 April 2024	2,863	17,717	20,580
Charge for year	1,265	2,237	3,502
On disposals	-	-	-
At 31 March 2025	4,128	19,954	24,082
Net book values
Closing balance as at 31 March 2025	3,794	3,885	7,679
Opening balance as at 01 April 2024	3,513	3,575	7,088

Debtors: amounts falling due within one year

	31/03/2025 £	31/03/2024 £
Trade Debtors	282,642	104,007
Prepayments & Accrued Income	1,807	1,807
Accrued Income	-	3,630
Other Debtors	300	6,216
	284,749	115,660

Creditors: amount falling due within one year

	31/03/2025 £	31/03/2024 £
Trade Creditors	99,613	32,942
Corporation Tax	80,204	20,015
PAYE & Social Security	4,721	1,310
Accrued Expenses	1,800	1,800
Wages & Salaries Control Account	-	1,150
Directors' Current Accounts	236,040	24,165
VAT	47,358	36,876
	469,736	118,258

Share Capital

Allotted, called up and fully paid	31/03/2025 £	31/03/2024 £
50 Ordinary A shares of £0.01 each	1	1
49 Ordinary B shares of £0.01 each	-	-
1 Ordinary C share of £0.01 each	-	-
	1	1

Registered Number: 08933184
England and Wales
RIDGEWAY IT LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 April 2024 End date: 31 March 2025