Ridgworld Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13089665

Ridgworld Limited

Filleted Unaudited Financial Statements

31 December 2025

Ridgworld Limited

Financial Statements

Year ended 31 December 2025

Contents	Page

Balance sheet	1

Notes to the financial statements	3

Ridgworld Limited

Balance Sheet

31 December 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		16,847		29,423

Current assets

Debtors	6	1,653	2,517
Cash at bank and in hand		47,219	52,307
		--------	--------
		48,872	54,824

Creditors: amounts falling due within one year	7	11,347		15,190
		--------		--------
Net current assets			37,525		39,634
			--------		--------
Total assets less current liabilities			54,372		69,057

Creditors: amounts falling due after more than one year	8		24,375		28,807

Provisions

Taxation including deferred tax	2,697	5,989
	--------	--------
Net assets	27,300	34,261
	--------	--------

Ridgworld Limited

Balance Sheet (continued)

31 December 2025

	2025		2024
Note	£	£	£	£

Capital and reserves

Called up share capital	100	100
Profit and loss account	27,200	34,161
	--------	--------
Shareholders funds	27,300	34,261
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.

For the year ending 31 December 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 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 were approved by the board of directors and authorised for issue on 8 September 2026 , and are signed on behalf of the board by:

Mr G P Ridgway

Director

Company registration number: 13089665

Ridgworld Limited

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Corunna Court, Corunna Road, Warwick, CV34 5HQ.

2. Statement of compliance

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

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis and in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Deferred tax is recognised in respect of all timing differences at the reporting date.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Motor vehicles	-	25% straight line
Equipment	-	25% straight line

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the balance sheet as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Tangible assets

	Motor vehicles	Equipment	Total
	£	£	£
Cost
At 1 January 2025 and 31 December 2025	46,248	4,134	50,382
	--------	-------	--------
Depreciation
At 1 January 2025	18,307	2,652	20,959
Charge for the year	11,562	1,014	12,576
	--------	-------	--------
At 31 December 2025	29,869	3,666	33,535
	--------	-------	--------
Carrying amount
At 31 December 2025	16,379	468	16,847
	--------	-------	--------
At 31 December 2024	27,941	1,482	29,423
	--------	-------	--------

6. Debtors

	2025	2024
	£	£
Trade debtors	1,500	2,363
Other debtors	153	154
	-------	-------
	1,653	2,517
	-------	-------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Other creditors	11,347	15,190
	--------	--------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	24,375	28,807
	--------	--------

Included within other creditors are hire purchase liabilities of £4,432 (within one year) and £24,375 (after more than one year). These liabilities are secured on the assets to which they relate.

9. Directors' advances, credits and guarantees

During the year, the directors had interest-free, repayable on demand loans with the company. At the start of the year the directors were owed £1,608 and at the end of the year they were owed £1,942.