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REGISTERED NUMBER: 11451875 (England and Wales)















RYALL MANAGEMENT LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 AUGUST 2022 TO 31 JANUARY 2023






RYALL MANAGEMENT LTD (REGISTERED NUMBER: 11451875)

CONTENTS OF THE FINANCIAL STATEMENTS
for the period 1 August 2022 to 31 January 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RYALL MANAGEMENT LTD

COMPANY INFORMATION
for the period 1 August 2022 to 31 January 2023







DIRECTORS: K Ryall
Mrs E Ryall





REGISTERED OFFICE: 1020 Manchester Road
Linthwaite
Huddersfield
West Yorkshire
HD7 5QQ





REGISTERED NUMBER: 11451875 (England and Wales)





ACCOUNTANTS: Sheards
Chartered Accountants
Vernon House
40 New North Road
Huddersfield
West Yorkshire
HD1 5LS

RYALL MANAGEMENT LTD (REGISTERED NUMBER: 11451875)

BALANCE SHEET
31 January 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 8,849 10,125
Investment property 5 505,000 173,163
513,849 183,288

CURRENT ASSETS
Debtors 6 256 332
Cash at bank 57,103 1,489
57,359 1,821
CREDITORS
Amounts falling due within one year 7 (418,505 ) (191,997 )
NET CURRENT LIABILITIES (361,146 ) (190,176 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

152,703

(6,888

)

PROVISIONS FOR LIABILITIES 8 (40,294 ) -
NET ASSETS/(LIABILITIES) 112,409 (6,888 )

CAPITAL AND RESERVES
Called up share capital 2 1
Non distributable reserve 9 127,387 -
Retained earnings (14,980 ) (6,889 )
SHAREHOLDERS' FUNDS 112,409 (6,888 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

RYALL MANAGEMENT LTD (REGISTERED NUMBER: 11451875)

BALANCE SHEET - continued
31 January 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 October 2023 and were signed on its behalf by:





K Ryall - Director


RYALL MANAGEMENT LTD (REGISTERED NUMBER: 11451875)

NOTES TO THE FINANCIAL STATEMENTS
for the period 1 August 2022 to 31 January 2023


1. STATUTORY INFORMATION

Ryall Management 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Turnover
Turnover is derived from rental income, which is recognised on an accruals basis.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2022 - NIL).

RYALL MANAGEMENT LTD (REGISTERED NUMBER: 11451875)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 1 August 2022 to 31 January 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2022
and 31 January 2023 13,500
DEPRECIATION
At 1 August 2022 3,375
Charge for period 1,276
At 31 January 2023 4,651
NET BOOK VALUE
At 31 January 2023 8,849
At 31 July 2022 10,125

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2022 173,163
Additions 164,156
Revaluations 167,681
At 31 January 2023 505,000
NET BOOK VALUE
At 31 January 2023 505,000
At 31 July 2022 173,163

Fair value at 31 January 2023 is represented by:
£   
Valuation in 2023 505,000

If investment property had not been revalued it would have been included at the following historical cost:

2023 2022
£    £   
Cost 337,319 173,163

Investment property was valued on an open market basis on 31 January 2023 by the director .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 256 332

RYALL MANAGEMENT LTD (REGISTERED NUMBER: 11451875)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 1 August 2022 to 31 January 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 418,505 191,997

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 40,294 -

Deferred
tax
£   
Provided during period 40,294
Balance at 31 January 2023 40,294

9. RESERVES
Non
distributable
reserve
£   
Revaluation of properties 127,387

At 31 January 2023 127,387

10. RELATED PARTY DISCLOSURES

Loans owing to the director on an interest free basis of £416,237 (2022 - £190,916) were outstanding at the year end, the amounts are repayable on demand.