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Registration number: 10290890

Ridge View Holdings Ltd
Annual Report and Unaudited Filleted Financial Statements
for the Year Ended 31 July 2025

Ridge View Holdings Ltd

Contents

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

Ridge View Holdings Ltd

Company Information

Directors | M J Squires D A Mitten

Registered office | Bath Street Business Hub 22 Bath Street FROME Somerset BA11 1DJ

Accountants | Burton Sweet Limited Chartered Accountants & Business Advisers Cooper House Lower Charlton Shepton Mallet Somerset BA4 5QE

Ridge View Holdings Ltd

(Registration number: 10290890)
Balance Sheet
31 July 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Investment property | 4 | 2,475,000 | 2,445,000
Investments | 5 | 100 | -
|  | 2,475,100 | 2,445,000
Current assets |  |  |
Debtors | 6 | 716 | 145,021
Cash at bank and in hand |  | 180,400 | 5,979
|  | 181,116 | 151,000
Creditors: Amounts falling due within one year | 7 | (18,044) | (16,360)
Net current assets |  | 163,072 | 134,640
Total assets less current liabilities |  | 2,638,172 | 2,579,640
Creditors: Amounts falling due after more than one year | 7 | (1,650,018) | (1,623,314)
Net assets |  | 988,154 | 956,326
Capital and reserves |  |  |
Called up share capital |  | 68 | 68
Revaluation reserve |  | 946,669 | 946,669
Retained earnings |  | 41,417 | 9,589
Shareholders' funds |  | 988,154 | 956,326

Ridge View Holdings Ltd

(Registration number: 10290890)
Balance Sheet
31 July 2025

For the financial year ending 31 July 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; and
• | The directors acknowledge their 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 23 April 2026 and signed on its behalf by:

......................................... M J Squires Director
......................................... D A Mitten Director

Ridge View Holdings Ltd

Notes to the Unaudited Financial Statements
Year Ended 31 July 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:
Bath Street Business Hub
22 Bath Street
FROME
Somerset
BA11 1DJ

These financial statements were authorised for issue by the Board on 23 April 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

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.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of rental services in the ordinary course of the company’s activities.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Ridge View Holdings Ltd

Notes to the Unaudited Financial Statements
Year Ended 31 July 2025

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate. The directors use 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.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers fin the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

Ridge View Holdings Ltd

Notes to the Unaudited Financial Statements
Year Ended 31 July 2025

4 | Investment properties

| 2025 £
At 1 August | 2,445,000
Fair value adjustments | 30,000
At 31 July | 2,475,000

Investment properties have been valued at fair values by the directors.

There has been no valuation of investment property by an independent valuer.

5 | Investments

| 2025 £ | 2024 £
Investments in subsidiaries | 100 | -

Subsidiaries | £
Cost or valuation
Additions | 100
Provision
Carrying amount
At 31 July 2025 | 100

6 | Debtors

| 2025 £ | 2024 £
Trade debtors | 716 | 4,665
Other debtors | - | 140,356
| 716 | 145,021

Ridge View Holdings Ltd

Notes to the Unaudited Financial Statements
Year Ended 31 July 2025

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 8 | 6,300 | 14,400
Accruals and deferred income |  | 2,000 | 1,960
Other creditors |  | 9,744 | -
|  | 18,044 | 16,360

Creditors include bank loans and overdrafts which are secured over the investment property of £nil (2024 - £9,000) and £6,300 (2024 £5,400) which are unsecured.

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 8 | 1,650,018 | 1,623,314

Creditors include bank loans and overdrafts which are secured over the investment property of £1,624,735 (2024 - £1,580,842) and £25,283 (2024 £38,255) which are unsecured.

Creditors include bank loans not repayable by instalments of £586,453 (2024 - £341,482 ) due after more than five years.

8 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 1,650,018 | 1,623,314

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 6,300 | 14,400