Company registration number 08287512 (England and Wales)
RIK NETWORKS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
PAGES FOR FILING WITH REGISTRAR
RIK NETWORKS LTD
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 4
RIK NETWORKS LTD
STATEMENT OF FINANCIAL POSITION
As At 30 November 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1,796
551
Investments
4
224
224
2,020
775
Current assets
Debtors
5
1,549
1,069
Cash at bank and in hand
702
793
2,251
1,862
Creditors: amounts falling due within one year
6
(8,931)
(8,587)
Net current liabilities
(6,680)
(6,725)
Net liabilities
(4,660)
(5,950)
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
(4,760)
(6,050)
Total equity
(4,660)
(5,950)

For the financial year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he 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 director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 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.

The director of the company has elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 24 August 2026
Mr R Kearsley
Director
Company registration number 08287512 (England and Wales)
RIK NETWORKS LTD
NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 November 2025
- 2 -
1
Accounting policies
Company information

RIK Networks Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Suite 237 St Andrews Business Centre, 91-93 St Mary's Rd, Liverpool, L19 2NL.

1.1
Basis of preparation

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.

The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The principal accounting policies adopted in the preparation of the financial statements are set out below.

1.2
Going concern

The company is dependant on the support of the director. At the balance sheet date £8,true 301 (202 4: £8,160) was due to the director. Indications are that this repayment of this amount will not be demanded until such time that the company's profitability and liquidity has improved. On this basis the directors' feel it is appropriate to continue to prepare the accounts on a going concern basis.

1.3
Revenue

Turnover represents the net invoiced value of goods sold, excluding value added tax.

The nature, timing of satisfaction of performance obligations and significant payment terms of the company's major sources of revenue are as follows:

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

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

Plant and machinery etc
25% on reducing balance
1.5
Fixed asset investments

Investments in associate undertakings are recognised at cost.

1.6
Taxation

Taxation for the year 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

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.

RIK NETWORKS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
For The Year Ended 30 November 2025
1
Accounting policies
(Continued)
- 3 -
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 year 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.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
0
0
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 December 2024
10,405
Additions
1,843
At 30 November 2025
12,248
Depreciation and impairment
At 1 December 2024
9,854
Depreciation charged in the year
598
At 30 November 2025
10,452
Carrying amount
At 30 November 2025
1,796
At 30 November 2024
551
4
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
224
224
RIK NETWORKS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
For The Year Ended 30 November 2025
- 4 -
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
1,549
1,069
6
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
8,931
8,587
7
Ultimate controlling party

The controlling party is R Kearsley.

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