Caseware UK (AP4) 2022.0.179 2022.0.179 2023-04-302023-04-30truefalse2022-05-01No description of principal activity11trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11943567 2022-05-01 2023-04-30 11943567 2021-05-01 2022-04-30 11943567 2023-04-30 11943567 2022-04-30 11943567 c:Director1 2022-05-01 2023-04-30 11943567 d:CurrentFinancialInstruments 2023-04-30 11943567 d:CurrentFinancialInstruments 2022-04-30 11943567 d:Non-currentFinancialInstruments 2023-04-30 11943567 d:Non-currentFinancialInstruments 2022-04-30 11943567 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 11943567 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 11943567 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 11943567 d:Non-currentFinancialInstruments d:AfterOneYear 2022-04-30 11943567 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-04-30 11943567 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-04-30 11943567 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-04-30 11943567 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-04-30 11943567 d:ShareCapital 2023-04-30 11943567 d:ShareCapital 2022-04-30 11943567 d:RetainedEarningsAccumulatedLosses 2023-04-30 11943567 d:RetainedEarningsAccumulatedLosses 2022-04-30 11943567 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-04-30 11943567 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2022-04-30 11943567 c:FRS102 2022-05-01 2023-04-30 11943567 c:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 11943567 c:FullAccounts 2022-05-01 2023-04-30 11943567 c:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 iso4217:GBP xbrli:pure

Registered number: 11943567









RYE HILL DEVELOPMENTS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2023

 
RYE HILL DEVELOPMENTS LIMITED
REGISTERED NUMBER: 11943567

BALANCE SHEET
AS AT 30 APRIL 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
892,170
960,748

Cash at bank and in hand
 5 
349
349

  
892,519
961,097

Creditors: amounts falling due within one year
 6 
(424,497)
(476,414)

Net current assets
  
 
 
468,022
 
 
484,683

Total assets less current liabilities
  
468,022
484,683

Creditors: amounts falling due after more than one year
 7 
(22,561)
(31,366)

  

Net assets
  
445,461
453,317


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
445,361
453,217

  
445,461
453,317


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 year in question in accordance with section 476 of the Companies Act 2006.

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

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

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.

Page 1

 
RYE HILL DEVELOPMENTS LIMITED
REGISTERED NUMBER: 11943567
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2023

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 21 February 2024.




Charles Style
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
RYE HILL DEVELOPMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1.


General information

Rye Hill Developments Limited is a private company limited by shares, incorporated under the Companies Act 2006 and domiciled in England. The address of the Company's registered office is Regina House, 124 Finchley Road, London, NW3 5JS.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

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.

 
2.3

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.4

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.5

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. 

 
2.6

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.

 
2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to and from related parties.

Page 3

 
RYE HILL DEVELOPMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.Accounting policies (continued)

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including the director, during the year was as follows:


        2023
        2022
            No.
            No.







Director
1
1

Page 4

 
RYE HILL DEVELOPMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

4.


Debtors

2023
2022
£
£


Other debtors
892,170
960,748

892,170
960,748



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
349
349

349
349



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
10,648
10,648

Trade creditors
324
7,813

Corporation tax
69,049
131,938

Other creditors
344,476
326,015

424,497
476,414



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
22,561
31,366

22,561
31,366


Page 5

 
RYE HILL DEVELOPMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

8.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
10,648
10,648


10,648
10,648

Amounts falling due 1-2 years

Bank loans
10,648
10,648


10,648
10,648

Amounts falling due 2-5 years

Bank loans
11,913
20,718


11,913
20,718


33,209
42,014



9.


Financial instruments

2023
2022
£
£

Financial assets


Financial assets measured at fair value through profit or loss
349
349




Financial assets measured at fair value through profit or loss comprise cash at bank and in hand.

 
Page 6