REGISTERED NUMBER: NI045901 (Northern Ireland)

RIDDELL ATVS LIMITED

FINANCIAL STATEMENTS

FOR THE PERIOD

1 APRIL 2025 TO 25 MARCH 2026

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

Robert Riddell

Shirley Riddell

SECRETARY:

Shirley Riddell

REGISTERED OFFICE:

107 Newtownsaville Road

OMAGH

Co. Tyrone

BT79 0BP

REGISTERED NUMBER:

NI045901 (Northern Ireland)

ACCOUNTANTS:

McAleer Jackson Ltd

Chartered Accountants

Church House

24 Dublin Road

OMAGH

Co. Tyrone

BT78 1HE

BANKERS:

AIB

2-4 East Bridge Street

Enniskillen

Co. Fermanagh

BT74 7BT

BANKERS:

AIB

The Diamond

Monaghan

IRELAND

The following reproduces the text of the report prepared for the directors 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 Directors are not required to be filed with the Registrar of Companies.

In accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company for the period ended 25 March 2026 which comprise the Income Statement, Balance Sheet and the related notes from the accounting records and information and explanations you have given to us.

This report is made to the company's Board of Directors, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company's Board of Directors that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's Board of Directors, as a body, for our work or for this report.

We have carried out this engagement in accordance with guidance issued by the Institute of Chartered Accountants in Ireland and have complied with the ethical guidance laid down by the Institute relating to members undertaking the compilation of financial statements.

You have acknowledged on the Balance Sheet as at 25 March 2026 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the period.

We have not been instructed to carry out an audit of the financial statements. 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 financial statements.

McAleer Jackson Ltd

Chartered Accountants

Church House

24 Dublin Road

OMAGH

Co. Tyrone

BT78 1HE

16 June 2026

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

35,200

39,210

35,200

39,210

CURRENT ASSETS

Stocks

10,000

344,563

Debtors

6

1,212,029

251,311

Cash at bank

135,179

721,401

1,357,208

1,317,275

CREDITORS

Amounts falling due within one year

7

44,234

120,175

NET CURRENT ASSETS

1,312,974

1,197,100

TOTAL ASSETS LESS CURRENT LIABILITIES

1,348,174

1,236,310

CREDITORS

Amounts falling due after more than one year

8

-

(77

)

PROVISIONS FOR LIABILITIES

-

(10,339

)

NET ASSETS

1,348,174

1,225,894

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

1,347,974

1,225,694

SHAREHOLDERS' FUNDS

1,348,174

1,225,894

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 25 March 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 25 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 16 June 2026 and were signed on its behalf by:

Robert Riddell - Director

Shirley Riddell - Director

1.	STATUTORY INFORMATION

Riddell ATVS Limited is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

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 break up basis as a resolution of the company was passed on 26 March 2026 that the company be wound up voluntarily.

The financial statements are prepared in sterling which is the functional currency of the Company.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

Tangible fixed assets are stated at net realisable value.

Stocks

Stocks are valued at the likely net realisable value.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Debtors and creditors receivable/payable within one year

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 6 (2025 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

150,000

Disposals

(150,000

)

At 25 March 2026

-

AMORTISATION

At 1 April 2025

150,000

Eliminated on disposal

(150,000

)

At 25 March 2026

-

NET BOOK VALUE

At 25 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Improvements

to

leasehold

Plant &

property

machinery

Totals

£

£

£

COST

At 1 April 2025

22,068

156,329

178,397

Additions

-

16,125

16,125

At 25 March 2026

22,068

172,454

194,522

DEPRECIATION

At 1 April 2025

22,068

117,119

139,187

Charge for period

-

20,135

20,135

At 25 March 2026

22,068

137,254

159,322

NET BOOK VALUE

At 25 March 2026

-

35,200

35,200

At 31 March 2025

-

39,210

39,210

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

29,536

205,595

Other debtors

1,182,493

45,716

1,212,029

251,311

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

1,870

33,115

Taxation and social security

33,757

75,619

Other creditors

8,607

11,441

44,234

120,175

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Other creditors

-

77

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Directors loan

-

77

9.	ULTIMATE CONTROLLING PARTY

The directors are considered to be the ultimate controlling party by virtue of their ability to act in concert in respect of the operational and financial policies of the company.