Rise Space (Aylesbury) Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 14748539 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2024 TO 31 AUGUST 2025

FOR

RISE SPACE (AYLESBURY) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTOR:

Miss L Murphy

REGISTERED OFFICE:

Argent House

5 Goldington Road

Bedford

MK40 3JY

BUSINESS ADDRESS:

1-2 Cromwell Court

New Street

Aylesbury

HP20 2PB

REGISTERED NUMBER:

14748539 (England and Wales)

ACCOUNTANTS:

Rawlinson Pryde Limited

Chartered Accountants

Argent House

5 Goldington Road

Bedford

Bedfordshire

MK40 3JY

FIXED ASSETS

Tangible assets

4

22,170

14,920

CURRENT ASSETS

Debtors

5

302,871

28,031

Prepayments and accrued income

40,437

9,155

Cash at bank and in hand

586,707

40,042

930,015

77,228

CREDITORS

Amounts falling due within one year

6

654,693

88,726

NET CURRENT ASSETS/(LIABILITIES)

275,322

(11,498

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

297,492

3,422

PROVISIONS FOR LIABILITIES

7

(5,381

)

-

ACCRUALS AND DEFERRED INCOME

(283,479

)

(2,300

)

NET ASSETS

8,632

1,122

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

8,532

1,022

SHAREHOLDERS' FUNDS

8,632

1,122

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 March 2026 and were signed by:

Miss L Murphy - Director

1.	STATUTORY INFORMATION

Rise Space (Aylesbury) Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

The supply of services is recognised in the accounting period in which the services are rendered when the outcome of a contract for services can be estimated reliably.

Other income relates to interest receivable and is recognised in the period it relates on the straight line basis using the effective interest method.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

Financial instruments

Financial instruments are classified and accounted for according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity. An equity instrument is any contract that evidences residual interest in the assets of the company after deduction any liabilities.

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.

Taxation

Taxation for the period 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.

Deferred tax

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 period 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 9 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2024

16,475

Additions

28,473

At 31 August 2025

44,948

DEPRECIATION

At 1 April 2024

1,555

Charge for period

21,223

At 31 August 2025

22,778

NET BOOK VALUE

At 31 August 2025

22,170

At 31 March 2024

14,920

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.3.24

£

Trade debtors

279,765

19,931

Other debtors

23,106

8,000

Directors' current accounts

-

100

302,871

28,031

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.3.24

£

Trade creditors

51,962

(195

)

Amounts owed to group undertakings

372,311

56,179

Tax

138,006

-

Social security and other taxes

11,432

12,185

VAT

78,151

20,557

Net wages

1,098

-

Pension

1,607

-

Directors' current accounts

126

-

654,693

88,726

7.	PROVISIONS FOR LIABILITIES

31.8.25

31.3.24

£

Deferred tax

Accelerated capital allowances

5,542

-

Other timing differences

(161

)

-

5,381

-

Deferred

tax

£

Charge to Income Statement during period

5,381

Balance at 31 August 2025

5,381

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.3.24

value:

£

100

Ordinary

£1

100

9.	OTHER FINANCIAL COMMITMENTS

As at the balance sheet date the company had total commitments under non cancellable operating leases over the remaining life of those leases of £329,548 (2024: £nil).

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the periods ended 31 August 2025 and 31 March 2024:

31.8.25

31.3.24

£

Miss L Murphy

Balance outstanding at start of period

100

-

Amounts advanced

620

100

Amounts repaid

(846

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

(126

)

100

The Directors' loan was unsecured interest free and repayable on demand.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Rise Space (Aylesbury) Ltd for the period ended 31 August 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Rise Space (Aylesbury) Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Rise Space (Aylesbury) Ltd and state those matters that we have agreed to state to the director of Rise Space (Aylesbury) Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Rise Space (Aylesbury) Ltd and its director for our work or for this report.

It is your duty to ensure that Rise Space (Aylesbury) Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Rise Space (Aylesbury) Ltd. You consider that Rise Space (Aylesbury) Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Rise Space (Aylesbury) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Rawlinson Pryde Limited

Chartered Accountants

Argent House

5 Goldington Road

Bedford

Bedfordshire

MK40 3JY

11 March 2026