THE RIDE ACADEMY LTD


Directors	NEWELL, David Graham
	NEWELL, Luke James


Registered Address	Smiths Honda Whitchurch Road
	Christleton
	Chester
	CH3 6AE


Registered Number	11249362 (England and Wales)

Balance Sheet as at
31 August 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		45,225		23,859
Investment property	4		55,000		55,000
			100,225		78,859
Current assets
Debtors	5	28,570		23,285
Cash at bank and on hand		18,450		14,555
		47,020		37,840
Creditors amounts falling due within one year	6	(62,009)		(23,157)
Net current assets (liabilities)			(14,989)		14,683
Total assets less current liabilities			85,236		93,542
Creditors amounts falling due after one year	7		(52,865)		(84,614)
Net assets			32,371		8,928
Capital and reserves
Called up share capital			100		100
Profit and loss account			32,271		8,828
Shareholders' funds			32,371		8,928

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 21 May 2026, and are signed on its behalf by:

NEWELL, Luke James
Director
Registered Company No. 11249362

THE RIDE ACADEMY LTD

Notes to the Financial Statements
for the year ended 31 August 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Defined contribution pension plan
	The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

Defined contribution pension plan

The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Plant and machinery	20

	Investment property
	Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	4		5

3.	Tangible fixed assets

	Plant & machinery	Total
	£	£
Cost or valuation
At 01 September 24	59,137	59,137
Additions	36,239	36,239
Disposals	(6,000)	(6,000)
At 31 August 25	89,376	89,376
Depreciation and impairment
At 01 September 24	35,278	35,278
Charge for year	10,973	10,973
On disposals	(2,100)	(2,100)
At 31 August 25	44,151	44,151
Net book value
At 31 August 25	45,225	45,225
At 31 August 24	23,859	23,859

4.	Investment property
	The directors consider the carrying value of the investment properties to approximate their market value and, accordingly, no separate valuation has been obtained.


		£
	Fair value at 01 September 24	55,000
	At 31 August 25	55,000

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	28,570	23,285
Total	28,570	23,285

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	4,940	-
Bank borrowings and overdrafts	18,869	-
Taxation and social security	15,239	11,098
Finance lease and HP contracts	5,097	3,211
Other creditors	16,115	8,368
Accrued liabilities and deferred income	1,749	480
Total	62,009	23,157

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	42,182	74,561
Other creditors	10,683	10,053
Total	52,865	84,614

8.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	15,780		13,264