Silverfin false false 30/04/2025 01/05/2024 30/04/2025 Mr J G Rafferty 15/10/2025 01/02/2019 Mr J W Rafferty 01/02/2019 19 December 2025 The principal activity of the Company during the financial year was a holding company of property and fixed assets for use by fellow group companies. SC210638 2025-04-30 SC210638 bus:Director1 2025-04-30 SC210638 bus:Director2 2025-04-30 SC210638 2024-04-30 SC210638 core:CurrentFinancialInstruments 2025-04-30 SC210638 core:CurrentFinancialInstruments 2024-04-30 SC210638 core:ShareCapital 2025-04-30 SC210638 core:ShareCapital 2024-04-30 SC210638 core:RetainedEarningsAccumulatedLosses 2025-04-30 SC210638 core:RetainedEarningsAccumulatedLosses 2024-04-30 SC210638 core:LandBuildings 2024-04-30 SC210638 core:OtherPropertyPlantEquipment 2024-04-30 SC210638 core:LandBuildings 2025-04-30 SC210638 core:OtherPropertyPlantEquipment 2025-04-30 SC210638 core:RemainingRelatedParties core:CurrentFinancialInstruments 2025-04-30 SC210638 core:RemainingRelatedParties core:CurrentFinancialInstruments 2024-04-30 SC210638 bus:OrdinaryShareClass1 2025-04-30 SC210638 2024-05-01 2025-04-30 SC210638 bus:FilletedAccounts 2024-05-01 2025-04-30 SC210638 bus:SmallEntities 2024-05-01 2025-04-30 SC210638 bus:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 SC210638 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 SC210638 bus:Director1 2024-05-01 2025-04-30 SC210638 bus:Director2 2024-05-01 2025-04-30 SC210638 core:LandBuildings core:TopRangeValue 2024-05-01 2025-04-30 SC210638 core:OtherPropertyPlantEquipment 2024-05-01 2025-04-30 SC210638 2023-05-01 2024-04-30 SC210638 core:LandBuildings 2024-05-01 2025-04-30 SC210638 bus:OrdinaryShareClass1 2024-05-01 2025-04-30 SC210638 bus:OrdinaryShareClass1 2023-05-01 2024-04-30 SC210638 1 2024-05-01 2025-04-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: SC210638 (Scotland)

# PS RIDGWAY GROUP LIMITED

### UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 30 APRIL 2025
PAGES FOR FILING WITH THE REGISTRAR

PS RIDGWAY GROUP LIMITED

## UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 APRIL 2025

Contents

PS RIDGWAY GROUP LIMITED

## BALANCE SHEET

AS AT 30 APRIL 2025
PS RIDGWAY GROUP LIMITED

## BALANCE SHEET (continued)

AS AT 30 APRIL 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 631,315 |  | 653,177
|  | 631,315 |  | 653,177
Current assets |  |  |  |
Cash at bank and in hand |  | 2,011 |  | 2,011
|  | 2,011 |  | 2,011
Creditors: amounts falling due within one year | 4 | ( 423,867) |  | ( 238,050)
Net current liabilities |  | (421,856) |  | (236,039)
Total assets less current liabilities |  | 209,459 |  | 417,138
Provision for liabilities | 5 | ( 17,114) |  | ( 17,114)
Net assets |  | 192,345 |  | 400,024
Capital and reserves |  |  |  |
Called-up share capital | 6 | 76,527 |  | 76,527
Profit and loss account |  | 115,818 |  | 323,497
Total shareholder's funds |  | 192,345 |  | 400,024

For the financial year ending 30 April 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of PS Ridgway Group Limited (registered number: SC210638) were approved and authorised for issue by the Director on 19 December 2025. They were signed on its behalf by:

Mr J W Rafferty Director |

PS RIDGWAY GROUP LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 APRIL 2025
PS RIDGWAY GROUP LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 APRIL 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

PS Ridgway Group Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is 52 Southburn Road, Airdrie, ML6 9AD, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The company has net current liabilities of £421,856 (2024 - £236,039) including £230,000 (2024 - £230,000) due to its parent undertaking which has confirmed that, for at least twelve months from the date of approval of these financial statements, it will make available such funds as are needed by the company to meet its expected commitments and will not seek repayment of the amounts currently due to it.
At the time of approving the financial statements, the directors have reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings | 50 years straight line
Plant and machinery etc. | 15 % reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include deposits held at call with banks.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are measured at transaction price.

Basic financial liabilities
Basic financial liabilities, including creditors and loans from fellow group companies are recognised at transaction price.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

##### Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).
When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including the director | 2 |  | 2

#### 3. Tangible assets

| Land and buildings |  | Plant and machinery etc. |  | Total
| £ |  | £ |  | £
Cost |  |  |  |  |
At 01 May 2024 | 1,112,503 |  | 26,126 |  | 1,138,629
At 30 April 2025 | 1,112,503 |  | 26,126 |  | 1,138,629
Accumulated depreciation |  |  |  |  |
At 01 May 2024 | 460,796 |  | 24,656 |  | 485,452
Charge for the financial year | 21,641 |  | 221 |  | 21,862
At 30 April 2025 | 482,437 |  | 24,877 |  | 507,314
Net book value |  |  |  |  |
At 30 April 2025 | 630,066 |  | 1,249 |  | 631,315
At 30 April 2024 | 651,707 |  | 1,470 |  | 653,177

#### 4. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Amounts owed to Group undertakings | 230,000 |  | 230,000
Amounts owed to related parties | 10,293 |  | 6,350
Taxation and social security | 181,774 |  | 0
Other creditors | 1,800 |  | 1,700
| 423,867 |  | 238,050

#### 5. Provision for liabilities

| 2025 |  | 2024
| £ |  | £
Deferred tax | 17,114 |  | 17,114

#### 6. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
76,527 Ordinary shares of £ 1.00 each | 76,527 |  | 76,527

#### 7. Related party transactions

The company has taken advantage of the exemption available in FRS 102 Section 1A whereby it has not disclosed transactions with the immediate parent company or any wholly owned subsidiary undertaking of the group.

#### 8. Ultimate controlling party

JWR Investments Limited is the ultimate parent company of PS Ridgway Group Ltd and the registered office address is 52 Southburn Road, Airdrie, ML6 9AD.