REGISTERED NUMBER: 02514089 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JULY 2026

FOR

RIBDEAL LIMITED

TRADING AS

FENNS OF PICCADILLY

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J S G Silver

Mrs W B Silver

L Silver

D Silver

SECRETARY:

Mrs W B Silver

REGISTERED OFFICE:

15 St Leonards Road

Epsom Downs

Surrey

KT18 5RG

REGISTERED NUMBER:

02514089 (England and Wales)

ACCOUNTANTS:

R.T. Cruse

Accountancy Services Limited

15 St Leonards Road

Epsom Downs

Surrey

KT18 5RG

FIXED ASSETS

Tangible assets

4

280,029

271,890

CURRENT ASSETS

Stocks

110,648

109,567

Debtors

5

579,714

586,456

Cash at bank and in hand

426,180

212,767

1,116,542

908,790

CREDITORS

Amounts falling due within one year

6

705,357

612,096

NET CURRENT ASSETS

411,185

296,694

TOTAL ASSETS LESS CURRENT LIABILITIES

691,214

568,584

CREDITORS

Amounts falling due after more than one year

7

31,089

37,331

NET ASSETS

660,125

531,253

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

659,925

531,053

SHAREHOLDERS' FUNDS

660,125

531,253

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 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 24th August 2026 and were signed on its behalf by:

J S G Silver - Director

1.	STATUTORY INFORMATION

Ribdeal Limited is a private company, limited by shares , registered in England and Wales. 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 historical cost convention.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Short leasehold

-

over the remaining period of the lease

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Deferred taxation

No provision has been made for taxation deferred as, in the opinion of the directors, there is reasonable probability that the liability will not arise in the forseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 35 (2025 - 41 ) .

4.	TANGIBLE FIXED ASSETS

Short

Plant and

Motor

Computer

leasehold

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st August 2025

60,327

147,871

413,381

1,049

622,628

Additions

-

17,500

63,780

3,000

84,280

Disposals

-

-

(52,495

)

-

(52,495

)

At 31st July 2026

60,327

165,371

424,666

4,049

654,413

DEPRECIATION

At 1st August 2025

27,084

97,710

225,245

699

350,738

Charge for year

4,750

10,149

48,582

1,350

64,831

Eliminated on disposal

-

-

(41,185

)

-

(41,185

)

At 31st July 2026

31,834

107,859

232,642

2,049

374,384

NET BOOK VALUE

At 31st July 2026

28,493

57,512

192,024

2,000

280,029

At 31st July 2025

33,243

50,161

188,136

350

271,890

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1st August 2025

326,096

Additions

63,780

At 31st July 2026

389,876

DEPRECIATION

At 1st August 2025

152,946

Charge for year

47,663

At 31st July 2026

200,609

NET BOOK VALUE

At 31st July 2026

189,267

At 31st July 2025

173,150

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

442,253

469,456

Other debtors

137,461

117,000

579,714

586,456

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts

63,041

85,695

Trade creditors

425,757

364,151

Taxation and social security

92,088

53,164

Other creditors

124,471

109,086

705,357

612,096

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts

31,089

37,331