WBK Ritchie's Ltd

WBK Ritchie's Ltd
Contents Page
For the year ended 31 August 2025

Accountants' Report	1
Statement of Financial Position	2
Notes to the Financial Statements	3

WBK Ritchie's Ltd Accountants' Report For the year ended 31 August 2025
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of WBK Ritchie's Ltd for the year ended 31 August 2025 In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of WBK Ritchie's Ltd for the year ended 31 August 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the companys accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance This report is made solely to the Board of Directors of WBK Ritchie's Ltd, as a body, in accordance with the terms of our engagement letter dated 17 June 2026. Our work has been undertaken solely to prepare for your approval the accounts of WBK Ritchie's Ltd and state those matters that we have agreed to state to the Board of Directors of WBK Ritchie's Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than WBK Ritchie's Ltd and its Board of Directors as a body for our work or for this report. It is your duty to ensure that WBK Ritchie's Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of WBK Ritchie's Ltd. You consider that WBK Ritchie's Ltd is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of WBK Ritchie's Ltd. 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 statutory accounts for the period ended 31 August 2025 .................................................... aa Chartered Accountants 6 Blenheim Court Peppercorn Close Peterborough PE1 2DU 17 June 2026 1

WBK Ritchie's Ltd
Accountants' Report
For the year ended 31 August 2025

Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of WBK Ritchie's Ltd for the year ended 31 August 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of WBK Ritchie's Ltd for the year ended 31 August 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the companys accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance

This report is made solely to the Board of Directors of WBK Ritchie's Ltd, as a body, in accordance with the terms of our engagement letter dated 17 June 2026. Our work has been undertaken solely to prepare for your approval the accounts of WBK Ritchie's Ltd and state those matters that we have agreed to state to the Board of Directors of WBK Ritchie's Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than WBK Ritchie's Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that WBK Ritchie's Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of WBK Ritchie's Ltd. You consider that WBK Ritchie's Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of WBK Ritchie's Ltd. 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 statutory accounts for the period ended
31 August 2025

....................................................
aa Chartered Accountants
6 Blenheim Court
Peppercorn Close
Peterborough
PE1 2DU
17 June 2026

1

WBK Ritchie's Ltd
Statement of Financial Position
As at 31 August 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	1,341,691	595,142
		1,341,691	595,142
Current assets
Debtors		39,147	0
Cash at bank and in hand		1,065	4,542
		40,212	4,542
Creditors: amount falling due within one year		(155,685)	(773,629)
Net current assets		(115,473)	(769,087)

Total assets less current liabilities		1,226,218	(173,945)
Creditors: amount falling due after more than one year		(1,065,709)	0
Provisions for liabilities		(66,747)	(4,636)
Net assets		93,762	(178,581)

Capital and reserves
Called up share capital	4	200	200
Undistributable Reserves		268,537	0
Profit and loss account		(174,975)	(178,781)
Shareholders' funds		93,762	(178,581)

For the year ended 31 August 2025 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 accounts for the year in question in accordance with section 476.
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.

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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 17 June 2026 and were signed on its behalf by:

-------------------------------
Kieran Ritchie
Director

2

WBK Ritchie's Ltd
Notes to the Abridged Financial Statements
For the year ended 31 August 2025

General Information

WBK Ritchie's Ltd is a private company, limited by shares, registered in England and Wales, registration number 11497789, registration address 23 Rose Hill, Harrington, Workington, CA14 3FD.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

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)

Change in accounting policy

During the year, the company transitioned from FRS 105 to FRS 102 Section 1A in order to present financial statements in accordance with the recognition and measurement requirements applicable to investment properties and deferred taxation.

As part of the transition, investment properties have been revalued to fair value at the reporting date in accordance with FRS 102. The resulting revaluation movements have been recognized within the profit and loss account/reserves as appropriate.

Deferred tax has also been recognized for timing differences arising on the revaluation of investment properties and other applicable temporary differences in accordance with Section 29 of FRS 102.

The comparative figures and opening balances have been adjusted where required to reflect the adoption of FRS 102 Section 1A.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings	20% Reducing Balance
Plant and Machinery	15% Reducing Balance

Investment properties

Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

Fixed asset investments

Fixed asset investments are stated at cost less provision for any permanent diminution in value.

Current asset investments

Current asset investments are stated at the lower of cost and net realisable value.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

2.	Average number of employees Average number of employees during the year was 2 (2024 : 2).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Fixtures and Fittings	Computer Equipment	Investment properties	Total
	£	£	£	£	£
At 01 September 2024	1,600	41,319	-	570,744	613,663
Additions	-	-	296	581,275	581,571
Disposals	-	-	-	(161,629)	(161,629)
Revaluations	-	-	-	331,527	331,527
At 31 August 2025	1,600	41,319	296	1,321,917	1,365,132
Depreciation
At 01 September 2024	444	18,077	-	-	18,521
Charge for year	173	4,649	98	-	4,920
On disposals	-	-	-	-	-
At 31 August 2025	617	22,726	98	-	23,441
Net book values
Closing balance as at 31 August 2025	983	18,593	198	1,321,917	1,341,691
Opening balance as at 01 September 2024	1,156	23,242	-	570,744	595,142

4.

Share Capital

Authorised
200 Class A shares of £1.00 each

Allotted, called up and fully paid	2025 £		2024 £
200 Class A shares of £1.00 each	200		200
	200		200

3

Registered Number: 11497789
England and Wales
WBK RITCHIE'S LTD

Abridged Accounts

Period of accounts Start date: 01 September 2024 End date: 31 August 2025