9 2 February 2026 false false false false false false false false false false true false false false false false false No description of principal activity 2024-06-01 Sage Accounts Production Advanced 2024 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP 09678660 2024-06-01 2025-05-31 09678660 2025-05-31 09678660 2024-05-31 09678660 2023-06-01 2024-05-31 09678660 2024-05-31 09678660 2023-05-31 09678660 core:NetGoodwill 2024-06-01 2025-05-31 09678660 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-06-01 2025-05-31 09678660 core:MotorVehicles 2024-06-01 2025-05-31 09678660 bus:Director2 2024-06-01 2025-05-31 09678660 core:NetGoodwill 2024-05-31 09678660 core:NetGoodwill 2025-05-31 09678660 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-05-31 09678660 core:MotorVehicles 2025-05-31 09678660 core:WithinOneYear 2025-05-31 09678660 core:WithinOneYear 2024-05-31 09678660 core:AfterOneYear 2024-05-31 09678660 core:ShareCapital 2025-05-31 09678660 core:ShareCapital 2024-05-31 09678660 core:RetainedEarningsAccumulatedLosses 2025-05-31 09678660 core:RetainedEarningsAccumulatedLosses 2024-05-31 09678660 bus:Director1 2024-06-01 2025-05-31 09678660 bus:SmallEntities 2024-06-01 2025-05-31 09678660 bus:Audited 2024-06-01 2025-05-31 09678660 bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 09678660 bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 09678660 bus:FullAccounts 2024-06-01 2025-05-31 09678660 core:OfficeEquipment 2024-06-01 2025-05-31 09678660 core:OfficeEquipment 2024-05-31 09678660 core:OfficeEquipment 2025-05-31 09678660 bus:Director2 1 2024-06-01 2025-05-31 09678660 core:AllAssociates 2024-06-01 2025-05-31
COMPANY REGISTRATION NUMBER: 09678660

Ripe.London Limited

Filleted Financial Statements

31 May 2025

Ripe.London Limited

Financial Statements

Year ended 31 May 2025

Contents | Page

Statement of financial position | 1

Notes to the financial statements | 2

Ripe.London Limited

Statement of Financial Position

31 May 2025

| 2025 | 2024
Note | £ | £

Fixed assets

Intangible assets | 5 | 17,832 | –
Tangible assets | 6 | 29,908 | 646
| -------- | ----
| 47,740 | 646

Current assets

Stocks | 23,961 | –
Debtors | 7 | 243,982 | 233,440
Cash at bank and in hand | 21,275 | 27,999
| --------- | ---------
| 289,218 | 261,439

Creditors: amounts falling due within one year | 8 | 232,575 | 207,562
| --------- | ---------
Net current assets | 56,643 | 53,877
| --------- | --------
Total assets less current liabilities | 104,383 | 54,523

Creditors: amounts falling due after more than one year | 9 | – | 29,371
| --------- | --------
Net assets | 104,383 | 25,152
| --------- | --------

Capital and reserves

Called up share capital | 204 | 204
Profit and loss account | 104,179 | 24,948
| --------- | --------
Shareholders funds | 104,383 | 25,152
| --------- | --------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements were approved by the board of directors and authorised for issue on 2 February 2026 , and are signed on behalf of the board by:

J W Glass
Director

Company registration number: 09678660

Ripe.London Limited

Notes to the Financial Statements

Year ended 31 May 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Camburgh House, 27 New Dover Road, Canterbury, Kent, CT1 3DN, United Kingdom.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.
Goodwill
Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.
Intangible assets
Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

| Goodwill | - | 25% straight line
| Development costs | - | 25% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Research and development
Research expenditure is written off in the period in which it is incurred. Development expenditure incurred is capitalised as an intangible asset only when all of the following criteria are met: - It is technically feasible to complete the intangible asset so that it will be available for use or sale; - There is the intention to complete the intangible asset and use or sell it; - There is the ability to use or sell the intangible asset; - The use or sale of the intangible asset will generate probable future economic benefits; - There are adequate technical, financial and other resources available to complete the development and to use or sell the intangible asset; and - The expenditure attributable to the intangible asset during its development can be measured reliably. Expenditure that does not meet the above criteria is expensed as incurred.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Motor vehicles | - | 25% straight line
| Equipment | - | 25% straight line

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 9 (2024: 9 ).
5. Intangible assets

| Goodwill | Development costs | Total
| £ | £ | £
Cost |  |  |
At 1 June 2024 | 60,000 | – | 60,000
Additions | – | 18,960 | 18,960
| -------- | -------- | --------
At 31 May 2025 | 60,000 | 18,960 | 78,960
| -------- | -------- | --------
Amortisation |  |  |
At 1 June 2024 | 60,000 | – | 60,000
Charge for the year | – | 1,128 | 1,128
| -------- | -------- | --------
At 31 May 2025 | 60,000 | 1,128 | 61,128
| -------- | -------- | --------
Carrying amount |  |  |
At 31 May 2025 | – | 17,832 | 17,832
| -------- | -------- | --------
At 31 May 2024 | – | – | –
| -------- | -------- | --------

6. Tangible assets

| Motor vehicles | Equipment | Total
| £ | £ | £
Cost |  |  |
At 1 June 2024 | – | 4,998 | 4,998
Additions | 30,928 | 566 | 31,494
| -------- | ------- | --------
At 31 May 2025 | 30,928 | 5,564 | 36,492
| -------- | ------- | --------
Depreciation |  |  |
At 1 June 2024 | – | 4,352 | 4,352
Charge for the year | 1,872 | 360 | 2,232
| -------- | ------- | --------
At 31 May 2025 | 1,872 | 4,712 | 6,584
| -------- | ------- | --------
Carrying amount |  |  |
At 31 May 2025 | 29,056 | 852 | 29,908
| -------- | ------- | --------
At 31 May 2024 | – | 646 | 646
| -------- | ------- | --------

7. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 175,566 | 147,642
Other debtors | 68,416 | 85,798
| --------- | ---------
| 243,982 | 233,440
| --------- | ---------

8. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 29,689 | 6,251
Trade creditors | 57,373 | 53,952
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 39,000 | 39,000
Corporation tax | 16,507 | –
Social security and other taxes | 17,990 | 6,435
Other creditors | 72,016 | 101,924
| --------- | ---------
| 232,575 | 207,562
| --------- | ---------

9. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | – | 29,371
| ---- | --------

10. Summary audit opinion
The auditor's report dated 2 February 2026 was unqualified .
The senior statutory auditor was Colin Reid , for and on behalf of Burgess Hodgson Audit Limited .
11. Directors' advances, credits and guarantees
During the year, the director took advances of £nil (2024: £1,200) and made repayments of £1,200 (2024: £nil). The director owed the company £nil (2024: £1,200) at the year end.
12. Related party transactions
The company has not disclosed transactions with other companies in the same group as consolidated accounts are prepaid by the ultimate holding company, AG Topco Limited. The assets of the company are secured against a loan in a group company.
13. Controlling party
The company is a subsidiary of All Greens Wholesale Limited a company incorporated in the United Kingdom. The results of the company are consolidated in the group headed by the ultimate parent company AG Topco Limited . The registered office of both All Greens Wholesale Limited and AG Topco Limited is Camburgh House, 27 New Dover Road, Canterbury, Kent, CT1 3DN .