REGISTERED NUMBER: 08434968

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

RICOMAN LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs H Cheng

L Gao

R M Green

REGISTERED OFFICE:

Unit 520 Metroplex Business Park

Broadway

Salford Quays

Salford

M50 2UE

REGISTERED NUMBER:

08434968

ACCOUNTANTS:

Moss & Williamson Limited

Chartered Accountants

3 Mellor Road

Cheadle Hulme

Stockport

SK8 5AT

FIXED ASSETS

Tangible assets

4

158,642

177,902

CURRENT ASSETS

Stocks

756,711

901,777

Debtors

1,127,787

654,666

Cash at bank and in hand

233,698

429,085

2,118,196

1,985,528

CREDITORS

Amounts falling due within one year

(1,532,264

)

(1,357,654

)

NET CURRENT ASSETS

585,932

627,874

TOTAL ASSETS LESS CURRENT LIABILITIES

744,574

805,776

CREDITORS

Amounts falling due after more than one year

(10,000

)

(122,220

)

NET ASSETS

734,574

683,556

CAPITAL AND RESERVES

Called up share capital

200,000

200,000

Retained earnings

534,574

483,556

734,574

683,556

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by:

L Gao - Director

1.	STATUTORY INFORMATION

Ricoman Ltd is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

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.

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.

Improvements to property

-

in accordance with the property

Plant and machinery

-

Straight line over 5 years

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2024 - 23 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

355,993

Additions

65,069

Disposals

(37,853

)

At 31 March 2025

383,209

DEPRECIATION

At 1 April 2024

178,091

Charge for year

58,744

Eliminated on disposal

(12,268

)

At 31 March 2025

224,567

NET BOOK VALUE

At 31 March 2025

158,642

At 31 March 2024

177,902

5.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

40,000

40,000

Other loans

71,211

65,310

111,211

105,310

Amounts falling due between one and two years:

Bank loans - 1-2 years

10,000

40,000

Other loans - 1-2 years

-

72,220

10,000

112,220

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

10,000

6.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

131,938

76,554

Between one and five years

153,972

236,042

285,910

312,596