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.

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 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

Rickleford Ltd is a private company limited by shares incorporated in England and Wales with Company Registration Number 08156827. The registered office is Ramillies House, 2 Ramillies Street, London, W1F 7LN.

These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies Regime. 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.

There were no material departures from the standard.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover represents amounts of interest and arrangement fees receivable from providing finance to private small and medium sized enterprises and associated companies.

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less. Bank overdrafts are shown within borrowings in current liabilities.

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 statement of financial position 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.

Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities, including trade and other payables, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, unless the debt is provided by the director when they are carried at the transaction amount. Financial liabilities classified as payable within one year are not amortised.

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

The tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred taxation is provided on the liability method to take account of timing differences between treatment of certain items for accounts purposes and their treatment for tax purposes.

Tax deferred or accelerated is accounted for in respect of all material timing difference.

During the period, no deferred tax provision was required.

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

Other payables includes Preference shares with 1% coupons attached to them.

The A, B and C shares have the following rights to income and capital:

Voting each holder of A shares shall be entitled to receive notice of, and shall be entitled to attend either in person or by proxy, any general meeting of the company and on a show of hands shall have one vote and on a poll shall have one vote for every such share in respect of which he is the holder.

Each holder of B Shares shall be entitled to receive notice of, but shall not be entitled to attend or vote at any general meeting until the earlier of (i) immediately before a sale, or (ii) the date falling 21 years from the date of adoption of the articles of association adopted on 22nd April 2014, at which time each holder of B shares shall become entitled to attend either in person or by proxy, any general meeting of the company and on a show of hands shall have one vote and on a poll shall have one vote for every such share in respect of which he is a holder.

Each holder of C Shares shall be entitled to receive notice of, but shall not be entitled to attend or vote at any general meeting until the earlier of (i) immediately before a sale, or (ii) the date falling 21 years from the date of adoption of the articles of association adopted on 22nd April 2014, at which time each holder of C shares shall become entitled to attend either in person or by proxy, any general meeting of the company and on a show of hands shall have one vote and on a poll shall have one vote for every such share in respect of which he is a holder.

In certain cases, the director has reanalysed the corresponding amounts in order to make their disclosure more meaningful.

As at the year end, the company is under the control of Rickleford Group Limited, a company registered in England and Wales with registration number 11087869, by virtue of its shareholding.

The director, Mr D. Sullivan is the ultimate controlling party by virtue of his shareholding in Rickleford Group Limited.

The company has taken advantage of the exemption in FRS102 33.1A(b) not to disclose transactions between group companies where subsidiaries are wholly owned by the parent.

The material related party transactions for the year ended 30 November 2025 was:

- An amount of £54.7m (2024: £46.2m) which included loan capital and interest, due from Conegate Development Limited, a company controlled by the director has been shown within trade receivable due after more than one year.