Red Ridge Developments Limited

Registered number

04047673

Unaudited Filleted Accounts

31 August 2025

Red Ridge Developments Limited
Registered number:		04047673
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		2,798,984			1,620,154
Investments	4		694,977			-
			3,493,961			1,620,154

Current assets
Cash at bank and in hand		9,296			814,819

Creditors: amounts falling due within one year	5	(2,565,742)			(1,630,527)

Net current liabilities			(2,556,446)			(815,708)

Total assets less current liabilities			937,515			804,446

Creditors: amounts falling due after more than one year	6		(37,031)			(37,031)



Net assets			900,484			767,415

Capital and reserves
Called up share capital			100			100
Profit and loss account			900,384			767,315

Shareholders' funds			900,484			767,415

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




PD Horne
Director
Approved by the board on 30 May 2026

Red Ridge Developments Limited
Notes to the Accounts
for the year ended 31 August 2025


1	Accounting policies

	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). The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

	Turnover
	Turnover represents rents receivable.

	Tangible fixed assets
	Tangible fixed assets, other than freehold land, are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures and fittings	25% straight line

	The company's freehold properties are revalued in full every five years. Interim valuations are carried out when it is likely that there has been a material change in value.
	No depreciation has been charged on the company's freehold properties since, in the opinion of the directors, the expected useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation would be immaterial. The directors undertake an annual impairment review of these properties.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			-		-


3	Tangible fixed assets
		Land and buildings		Fixtures and fittings		Total
£			£		£
	Cost
	At 1 September 2024	1,620,154		31,473		1,651,627
	Additions	1,178,830		-		1,178,830
	At 31 August 2025	2,798,984		31,473		2,830,457

	Depreciation
	At 1 September 2024	-		31,473		31,473
	At 31 August 2025	-		31,473		31,473

	Net book value
	At 31 August 2025	2,798,984		-		2,798,984
	At 31 August 2024	1,620,154		-		1,620,154


4	Investments
Investments in
subsidiary
undertakings
£
	Cost
	Additions					694,977

	At 31 August 2025					694,977


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Taxation and social security costs			53,521		31,982
	Other creditors			2,512,221		1,598,545
				2,565,742		1,630,527


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			37,031		37,031


7	Controlling party

	The company is under the control of the directors.


8	Other information

	Red Ridge Developments Limited is a private company limited by shares and incorporated in England. Its registered office is:
	158 Heaton Park Road
	Heaton
	Newcastle upon Tyne
	NE6 5NR