RIGGING WORLD LTD


Directors	WRIGHT, James
	WRIGHT, Laura


Registered Address	Suite 2.05 Swans Centre For Innovation
	Station Road
	Wallsend
	NE28 6EQ


Registered Number	13859416 (England and Wales)

Balance Sheet as at
31 January 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		15,756		18,429
			15,756		18,429
Current assets
Debtors		300		1,870
Cash at bank and on hand		21,747		766
		22,047		2,636
Creditors amounts falling due within one year	4	(25,434)		(9,234)
Net current assets (liabilities)			(3,387)		(6,598)
Total assets less current liabilities			12,369		11,831
Creditors amounts falling due after one year	5		(5,414)		(7,281)
Net assets			6,955		4,550
Capital and reserves
Called up share capital			2		2
Profit and loss account			6,953		4,548
Shareholders' funds			6,955		4,550

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 12 October 2026, and are signed on its behalf by:

WRIGHT, James
Director
Registered Company No. 13859416

RIGGING WORLD LTD

Notes to the Financial Statements
for the year ended 31 January 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Vehicles	20

2.	Average number of employees


		2026		2025
	Average number of employees during the year	2		0

3.	Tangible fixed assets

	Vehicles	Total
	£	£
Cost or valuation
At 01 February 25	28,795	28,795
At 31 January 26	28,795	28,795
Depreciation and impairment
At 01 February 25	10,366	10,366
Charge for year	2,673	2,673
At 31 January 26	13,039	13,039
Net book value
At 31 January 26	15,756	15,756
At 31 January 25	18,429	18,429

4.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	192	790
Bank borrowings and overdrafts	14	-
Taxation and social security	25,228	8,444
Total	25,434	9,234

5.	Creditors: amounts due after one year

	2026	2025
	£	£
Other creditors	5,414	7,281
Total	5,414	7,281

6.	Obligations under finance leases

		2026		2025
		£		£
	Finance lease and HP contracts	5,414		7,281