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Company registration number:
07170526
Rikwoods Presentation Ltd
Unaudited Filleted Financial Statements for the year ended
28 February 2026
Rikwoods Presentation Ltd
Statement of Financial Position
28 February 2026

|  | 2026 | 2025
--- | --- | --- | ---
| Note | £ | £
Fixed assets |  |  |  |  |
Tangible assets | 6 | 317 |  | 423 |
Current assets |  |  |  |  |
Stocks |  | 500 |  | 500 |
Debtors | 7 | 43,053 |  | 51,511 |
Cash at bank and in hand |  | 12,466 |  | 10,826 |
|  | 56,019 |  | 62,837 |
Creditors: amounts falling due within one year | 8 | (56,083 | ) | (58,808 | )
Net current (liabilities)/assets |  | (64 | ) | 4,029 |
Total assets less current liabilities |  | 253 |  | 4,452 |
Capital and reserves |  |  |  |  |
Called up share capital |  | 100 |  | 100 |
Profit and loss account |  | 153 |  | 4,352 |
Shareholders funds |  | 253 |  | 4,452 |

For the year ending
28 February 2026
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
15 June 2026
, and are signed on behalf of the board by:

R Woods
Director

Company registration number:
07170526
Rikwoods Presentation Ltd
Notes to the Financial Statements
Year ended
28 February 2026

## 1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
4 Cokeham Road
,
Sompting
,
Lancing
,
West Sussex
,
BN15 0AA
, .

## 2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

## 3 Accounting policies

## Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
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 for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

## Goodwill

Purchased goodwill arises on business acquisitions and represents the difference between the cost of acquisition and the fair values of the identifiable assets and liabilities acquired.
Goodwill is initially recorded at cost, and is subsequently stated at cost less any accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over the useful economic life of the asset. Where a reliable estimate of the useful life of goodwill cannot be made, the life is presumed not to exceed five years.

## Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant and machinery | 25% reducing balance
Office equipment | 25% reducing balance
Fixtures and fittings | 25% reducing balance

## Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

## Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

## 4 Average number of employees

The average number of persons employed by the company during the year was
2
(2025:
2.00
).

## 5 Intangible assets

| Goodwill
--- | ---
| £
Cost |  |
At 1 March 2025 and 28 February 2026 | 50,000 |
Amortisation |  |
At 1 March 2025 and 28 February 2026 | 50,000 |
Carrying amount |  |
At 28 February 2026 | - |
At 28 February 2025 | - |

## 6 Tangible assets

| Plant and machinery etc.
--- | ---
| £
Cost |  |
At 1 March 2025 and 28 February 2026 | 3,248 |
Depreciation |  |
At 1 March 2025 | 2,825 |
Charge | 106 |
At 28 February 2026 | 2,931 |
Carrying amount |  |
At 28 February 2026 | 317 |
At 28 February 2025 | 423 |

## 7 Debtors

| 2026 | 2025
--- | --- | ---
| £ | £
Trade debtors | 20,334 |  | 34,178 |
Other debtors | 22,719 |  | 17,333 |
| 43,053 |  | 51,511 |

## 8 Creditors: amounts falling due within one year

| 2026 | 2025
--- | --- | ---
| £ | £
Trade creditors | 44,887 |  | 44,787 |
Taxation and social security | 10,184 |  | 13,190 |
Other creditors | 1,012 |  | 831 |
| 56,083 |  | 58,808 |