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REGISTERED NUMBER: 09050791 (England and Wales)















Financial Statements for the Year Ended 31 May 2022

for

Rylemount Green Ltd

Rylemount Green Ltd (Registered number: 09050791)

Contents of the Financial Statements
for the Year Ended 31 May 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Rylemount Green Ltd

Company Information
for the Year Ended 31 May 2022







DIRECTOR: K N Ware





REGISTERED OFFICE: 10 Ryles Park Road
Macclesfield
Cheshire
SK11 8AH





REGISTERED NUMBER: 09050791 (England and Wales)





ACCOUNTANTS: Bennett Kirkhope Smith
Chartered Certified Accountants
Suites 5 & 6 The Printworks
Hey Road
Barrow
Clitheroe
Lancashire
BB7 9WB

Rylemount Green Ltd (Registered number: 09050791)

Balance Sheet
31 May 2022

31.5.22 31.5.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 308 462

CURRENT ASSETS
Stocks 9,700 -
Debtors 5 10,496 5,342
Cash at bank 123,967 126,658
144,163 132,000
CREDITORS
Amounts falling due within one year 6 32,047 28,213
NET CURRENT ASSETS 112,116 103,787
TOTAL ASSETS LESS CURRENT
LIABILITIES

112,424

104,249

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 112,324 104,149
SHAREHOLDERS' FUNDS 112,424 104,249

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Rylemount Green Ltd (Registered number: 09050791)

Balance Sheet - continued
31 May 2022


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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 September 2022 and were signed by:





K N Ware - Director


Rylemount Green Ltd (Registered number: 09050791)

Notes to the Financial Statements
for the Year Ended 31 May 2022


1. STATUTORY INFORMATION

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

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Rylemount Green Ltd (Registered number: 09050791)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2022


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 June 2021
and 31 May 2022 3,679
DEPRECIATION
At 1 June 2021 3,217
Charge for year 154
At 31 May 2022 3,371
NET BOOK VALUE
At 31 May 2022 308
At 31 May 2021 462

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.22 31.5.21
£    £   
Trade debtors 10,496 5,342

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.22 31.5.21
£    £   
Corporation tax 7,015 4,020
Social security and other taxes - 44
VAT 5,062 2,378
Directors' current accounts 18,457 20,329
Accrued expenses 1,513 1,442
32,047 28,213

Rylemount Green Ltd (Registered number: 09050791)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2022


7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.22 31.5.21
value: £    £   
100 Ordinary £1 100 100

8. ULTIMATE CONTROLLING PARTY

The controlling party is K N Ware.