Ridgeland Associates Limited


Director	R Gunson


Registered Address	18 Shere Avenue
	Cheam
	Sutton
	SM2 7JU


Registered Number	03658624 (England and Wales)

Balance Sheet as at
31 December 2025

	Notes	2025		2024
		£	£	£	£
Current assets
Stocks	3	24,097		9,460
Debtors	4	4,459		9,911
Current asset investments	5	632		-
Cash at bank and on hand		24,678		40,919
		53,866		60,290
Creditors amounts falling due within one year	6	(34,719)		(37,618)
Net current assets (liabilities)			19,147		22,672
Total assets less current liabilities			19,147		22,672
Creditors amounts falling due after one year	7		(12,000)		(24,000)
Net assets			7,147		(1,328)
Capital and reserves
Called up share capital			3		3
Profit and loss account			7,144		(1,331)
Shareholders' funds			7,147		(1,328)

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 Director acknowledges 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 Director on 29 May 2026, and are signed on its behalf by:

R Gunson
Director
Registered Company No. 03658624

Ridgeland Associates Limited

Notes to the Financial Statements
for the year ended 31 December 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 compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	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.

	Going concern
	After reviewing the company's forecasts and projections, the director has reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore, continues to adopt the going concern basis of accounting in preparing its financial statements.

	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.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Investments
	Current asset investments comprise listed equity investments held for resale and treasury management purposes. Investments are initially recognised at cost and are subsequently measured at fair value at the reporting date, with movements in fair value recognised in profit or loss. Gains and losses arising on the disposal of investments, together with unrealised holding gains and losses arising from changes in fair value at the year end, are recognised within the profit and loss account in the period in which they arise. Listed investments are valued using quoted market prices at the balance sheet date.

Investments

Current asset investments comprise listed equity investments held for resale and treasury management purposes.

Investments are initially recognised at cost and are subsequently measured at fair value at the reporting date, with movements in fair value recognised in profit or loss. Gains and losses arising on the disposal of investments, together with unrealised holding gains and losses arising from changes in fair value at the year end, are recognised within the profit and loss account in the period in which they arise.

Listed investments are valued using quoted market prices at the balance sheet date.

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

	Financial instruments
	A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at transaction price and measured at amortised cost using the effective interest method. Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through profit and loss. All other investments are subsequently measured at cost less impairment. Financial assets which are measured at cost or amortised cost are reviewed for objective evidence of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. All equity instruments, regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at transaction price and measured at amortised cost using the effective interest method. Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through profit and loss. All other investments are subsequently measured at cost less impairment.

Financial assets which are measured at cost or amortised cost are reviewed for objective evidence of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. All equity instruments, regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. 

	Related parties
	For the purposes of these financial statements, a related party could be a person or an entity. Careful consideration is given to the definition of a related party to ensure that all related party relationships, transactions and balances are identified.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Stocks

	2025	2024
	£	£
Finished goods	24,097	9,460
Total	24,097	9,460

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	-	259
Amounts owed by associates and joint ventures / participating interests	-	3,341
Other debtors	3,042	6,311
Prepayments and accrued income	1,417	-
Total	4,459	9,911

5.	Current asset investments
	The value of investments in equity funds at the balance sheet date was £632 (2024 -nil). Gains and losses arising on the disposal of investments, together with unrealised holding gains and losses arising from changes in fair value at the year end, are recognised within the profit and loss account in the period in which they arise. Listed investments are valued using quoted market prices at the balance sheet date.

Current asset investments

The value of investments in equity funds at the balance sheet date was £632 (2024 -nil). Gains and losses arising on the disposal of investments, together with unrealised holding gains and losses arising from changes in fair value at the year end, are recognised within the profit and loss account in the period in which they arise. Listed investments are valued using quoted market prices at the balance sheet date.

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	31,860	32,444
Bank borrowings and overdrafts	-	497
Amounts owed to related parties	344	-
Taxation and social security	390	2,646
Accrued liabilities and deferred income	2,125	2,031
Total	34,719	37,618


	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.

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Trade creditors / trade payables	12,000	24,000
Total	12,000	24,000