Company Registration No. 08873246 (England and Wales)
Ridley-Holloway Ltd
Unaudited accounts
for the year ended 28 February 2026
Ridley-Holloway Ltd
Unaudited accounts
Contents
Ridley-Holloway Ltd
Company Information
for the year ended 28 February 2026
Directors
Mr Jonathan Ridley-Holloway
Mrs Kate Ridley-Holloway
Secretary
Jonathan Ridley-Holloway
Company Number
08873246 (England and Wales)
Registered Office
Heanton Fort
Heanton
Barnstaple
Devon
EX31 4DG
England
Accountants
Timothy Isaac
21 Old Tram Drive
EX31 3WR
Ridley-Holloway Ltd
Statement of financial position
as at 28 February 2026
Tangible assets
79,265
92,101
Investment property
2,356,229
2,356,229
Cash at bank and in hand
6,358
11,412
Creditors: amounts falling due within one year
(771,022)
(132,063)
Net current liabilities
(758,822)
(66,656)
Total assets less current liabilities
1,676,672
2,381,674
Creditors: amounts falling due after more than one year
(161,744)
(902,982)
Provisions for liabilities
Deferred tax
(192,371)
(196,753)
Net assets
1,322,557
1,281,939
Called up share capital
200
200
Fair value reserve
561,572
567,936
Profit and loss account
760,785
713,803
Shareholders' funds
1,322,557
1,281,939
For the year ending 28 February 2026 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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 17 October 2026 and were signed on its behalf by
Mr Jonathan Ridley-Holloway
Director
Company Registration No. 08873246
Ridley-Holloway Ltd
Notes to the Accounts
for the year ended 28 February 2026
Ridley-Holloway Ltd is a private company, limited by shares, registered in England and Wales, registration number 08873246. The registered office is Heanton Fort, Heanton, Barnstaple, Devon, EX31 4DG, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Turnover represents rental income receivable from the company’s investment properties, stated net of VAT where applicable.
Rental income from operating leases is recognised on a straight-line basis over the term of the lease. Rent received or invoiced in advance is deferred and released to profit or loss in the period to which it relates.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
15% Reducing Balance
Fixtures & fittings
8% Reducing Balance
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Ridley-Holloway Ltd
Notes to the Accounts
for the year ended 28 February 2026
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 March 2025
93,425
40,458
133,883
At 28 February 2026
93,425
40,000
133,425
At 1 March 2025
18,977
22,805
41,782
Charge for the year
11,168
1,391
12,559
At 28 February 2026
30,145
24,015
54,160
At 28 February 2026
63,280
15,985
79,265
At 28 February 2025
74,448
17,653
92,101
Fair value at 1 March 2025
2,356,229
At 28 February 2026
2,356,229
Investment property comprises commercial properties held to earn rental income.
The fair value of the investment property at 28 February 2026 has been arrived at on the basis of a valuation carried out at that date by the directors. The directors consider that there has been no material change in fair value since the previous valuation.
The valuation was made on an open market value basis, by reference to market evidence of transaction prices for similar properties in the same locations, and having regard to the condition, tenure and existing tenancy terms of each property.
Amounts falling due within one year
Accrued income and prepayments
5,842
28,193
Ridley-Holloway Ltd
Notes to the Accounts
for the year ended 28 February 2026
7
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
31,509
33,299
Obligations under finance leases and hire purchase contracts
10,120
6,578
Taxes and social security
12,524
25,228
Loans from directors
698,835
29,029
Bank loans are secured by fixed charges over the company’s investment property.
Obligations under finance leases and hire purchase contracts are secured on the assets to which they relate.
8
Creditors: amounts falling due after more than one year
2026
2025
Obligations under finance leases and hire purchase contracts
61,968
72,088
Loans from directors
-
700,000
Bank loans are secured by fixed charges over the company’s investment property.
Obligations under finance leases and hire purchase contracts are secured on the assets to which they relate.
9
Deferred taxation
2026
2025
Accelerated capital allowances
15,179
18,093
Revaluation of investment property
177,192
178,660
Provision at start of year
196,753
62,356
(Credited)/charged to the profit and loss account
(4,382)
134,397
Provision at end of year
192,371
196,753
10
Average number of employees
During the year the average number of employees was 0 (2025: 0).