ACCOUNTS - Final Accounts preparation

Registered number: 16234651

RIDGEWOOD CONSULTING LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 FEBRUARY 2026


RIDGEWOOD CONSULTING LIMITED

COMPANY INFORMATION

Director	E M Nolan (appointed 6 February 2025)


Registered number	16234651


Registered office	5 Elstree Gate
	Elstree Way
	Borehamwood
	Hertfordshire
	United Kingdom
	WD6 1JD


Accountants	Sopher + Co LLP
	Chartered Accountants
	5 Elstree Gate
	Elstree Way
	Borehamwood
	Hertfordshire
	WD6 1JD


RIDGEWOOD CONSULTING LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 7


RIDGEWOOD CONSULTING LIMITED REGISTERED NUMBER:16234651

STATEMENT OF FINANCIAL POSITION

AS AT 28 FEBRUARY 2026

		2026
Note		£

Fixed assets
Biological assets	4		84,375
			84,375
Current assets
Stocks		7,500
Debtors: amounts falling due within one year	5	7,039
Cash at bank and in hand		108,985
		123,524
Current liabilities
Creditors: amounts falling due within one year	6	(173,568)
Net current (liabilities)/assets			(50,044)
Total assets less current liabilities			34,331

Net assets			34,331

Capital and reserves
Called up share capital			1
Profit and loss account			34,330
			34,331

Page 1


RIDGEWOOD CONSULTING LIMITED REGISTERED NUMBER:16234651

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 28 FEBRUARY 2026

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

E M Nolan

Director

Date: 27 October 2026

The notes on pages 3 to 7 form part of these financial statements.

Page 2


RIDGEWOOD CONSULTING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 FEBRUARY 2026

1.	General information

Ridgewood Consulting Limited is a private company limited by shares incorporated in England and Wales. The registered office is 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, United Kingdom, WD6 1JD.
The principal activity of the Company during the period was that of breeding, raising and management of horses and other equines, and the provision of human resources functions.
The Company was incorporated on 6 February 2025 and commenced trading on the same date.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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.

The following principal accounting policies have been applied:

2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

2.3

Turnover

Turnover represents the fair value of consideration receivable for goods and services provided in the ordinary course of business, net of value added tax and trade discounts.
Turnover from the breeding, raising and management of horses and other equines is recognised when the significant risks and rewards of ownership or provision of services have transferred to the customer. Turnover from human resources services is recognised over the period in which the services are provided, as performance obligations are fulfilled.

Page 3


RIDGEWOOD CONSULTING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 FEBRUARY 2026

2.Accounting policies (continued)

2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

2.6

Biological assets

Biological assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Biological assets

25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4


RIDGEWOOD CONSULTING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 FEBRUARY 2026

2.Accounting policies (continued)

2.7

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell. Cost includes expenditure directly attributable to breeding and rearing foals to their present location and condition.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the period was 1.

Page 5


RIDGEWOOD CONSULTING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 FEBRUARY 2026

4.	Biological assets

		Biological Assets
		£
	Cost
	Additions	112,500
	At 28 February 2026	112,500
	Depreciation
	Charge for the period on owned assets	28,125
	At 28 February 2026	28,125
	Net book value
	At 28 February 2026	84,375

Debtors

					2026
					£


	Trade debtors	6,513
	Other debtors	1
	Prepayments and accrued income	525
		7,039

6.	Creditors: Amounts falling due within one year
		2026
		£

	Trade creditors	7,340
	Corporation tax	22,104
	Other taxation and social security	1,213
	Other creditors	142,911
		173,568

Page 6


RIDGEWOOD CONSULTING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 FEBRUARY 2026

7.	Related party transactions
	Included within other creditors are amounts totalling £142,911 owed to the director. These amounts are interest free and repayable on demand. The maximum balance of the director's loan account outstanding during the year ended 28 February 2026 was £142,911.

Page 7