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Registration number: 11261337

Ripple Property Ltd
Unaudited Filleted Financial Statements
for the Year Ended 31 March 2025

Ripple Property Ltd

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 7

Ripple Property Ltd

Company Information

Director | Mr G Gaiger

Registered office | Office 1 Number One Bristol Lewins Mead Bristol Avon BS1 2NJ

Accountants | JJ Accounting Ltd 38 Crown Street Egham Surrey TW209BQ

Ripple Property Ltd

(Registration number: 11261337)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 4,550 | 5,200
Investment property | 5 | 1,466,422 | 1,218,372
|  | 1,470,972 | 1,223,572
Current assets |  |  |
Debtors | 6 | 563,827 | 467,486
Cash at bank and in hand |  | 334 | 11,518
|  | 564,161 | 479,004
Creditors: Amounts falling due within one year | 7 | (13,924) | (5,149)
Net current assets |  | 550,237 | 473,855
Total assets less current liabilities |  | 2,021,209 | 1,697,427
Creditors: Amounts falling due after more than one year | 7 | (1,606,496) | (1,413,289)
Provisions for liabilities |  | (68,932) | (33,999)
Net assets |  | 345,781 | 250,139
Capital and reserves |  |  |
Called up share capital | 8 | 1 | 1
Retained earnings |  | 345,780 | 250,138
Shareholders' funds |  | 345,781 | 250,139

For the financial year ending 31 March 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 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 director acknowledges his 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Ripple Property Ltd

(Registration number: 11261337)
Balance Sheet as at 31 March 2025

Approved and authorised by the director on 14 February 2026

......................................... Mr G Gaiger Director

Ripple Property Ltd

Notes to the Unaudited 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 and Wales.

The address of its registered office is:
Office 1
Number One Bristol
Lewins Mead
Bristol
Avon
BS1 2NJ
England

These financial statements were authorised for issue by the director on 14 February 2026.

2 | Accounting policies

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 except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises rental income and is measured at the fair value of consideration receivable.

Tax

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.

Ripple Property Ltd

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

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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate. The valuation is created using observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Financial instruments

Recognition and measurement
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.
Short term debtors are measured at transaction price less any impairment.
Short term creditors are measured at transaction price.
Cash is represented by deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
Other financial liabilities, including borrowings are initially measured at fair value and subsequently measured at amortised cost using the effective interest rate method, with interest expense recognised on an effective yield
basis.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2024 - 0).

Ripple Property Ltd

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

4 | Tangible assets

| Plant and machinery £ | Total £
Cost or valuation
At 1 April 2024 | 6,500 | 6,500
At 31 March 2025 | 6,500 | 6,500
Depreciation
At 1 April 2024 | 1,300 | 1,300
Charge for the year | 650 | 650
At 31 March 2025 | 1,950 | 1,950
Carrying amount
At 31 March 2025 | 4,550 | 4,550
At 31 March 2024 | 5,200 | 5,200

5 | Investment properties

| 2025 £
At 1 April | 1,218,372
Additions | 83,050
Fair value adjustments | 165,000
At 31 March | 1,466,422

Investment property was deemed by the director to have changed in open market value between 31st March 2024 and 31 March 2025
The historical cost of the investment property is £1,065,910 (£1,218,372 : 2024)

6 | Debtors

Current | 2025 £ | 2024 £
Other debtors | 563,827 | 467,486

Ripple Property Ltd

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

7 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 5,149 | 5,149
Other creditors | 8,775 | -
| 13,924 | 5,149

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings |  | 971,971 | 814,003
Other non-current financial liabilities |  | 634,525 | 599,286
|  | 1,606,496 | 1,413,289

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 1 | 1 | 1 | 1