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REGISTERED NUMBER: 09298378 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH NOVEMBER 2023

FOR

RYKA UK LTD

RYKA UK LTD (REGISTERED NUMBER: 09298378)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RYKA UK LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH NOVEMBER 2023







DIRECTORS: Mr D Amato
Mrs W Amato





SECRETARY: Mrs W Amato





REGISTERED OFFICE: 3 Talbot Road
Aston Clinton
Aylesbury
Buckinghamshire
HP22 5JH





REGISTERED NUMBER: 09298378 (England and Wales)





ACCOUNTANTS: Meades Group Limited
39 The Metro Centre
Tolpits Lane
Watford
Hertfordshire
WD18 9SB

RYKA UK LTD (REGISTERED NUMBER: 09298378)

BALANCE SHEET
30TH NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,560 5,364

CURRENT ASSETS
Debtors 5 32,038 61,892
Cash at bank 103,100 54,025
135,138 115,917
CREDITORS
Amounts falling due within one year 6 18,318 33,402
NET CURRENT ASSETS 116,820 82,515
TOTAL ASSETS LESS CURRENT
LIABILITIES

121,380

87,879

PROVISIONS FOR LIABILITIES 866 1,019
NET ASSETS 120,514 86,860

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 120,414 86,760
SHAREHOLDERS' FUNDS 120,514 86,860

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 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.

RYKA UK LTD (REGISTERED NUMBER: 09298378)

BALANCE SHEET - continued
30TH NOVEMBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4th April 2024 and were signed on its behalf by:





Mrs W Amato - Director


RYKA UK LTD (REGISTERED NUMBER: 09298378)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2023

1. STATUTORY INFORMATION

Ryka Uk 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.

The directors consider the going concern basis to be appropriate as, in their opinion, the company will be able to secure sufficient funding to enable it to pay its debts as they fall due.

Turnover
Turnover represents the fair value of management fees receivable, excluding discounts, 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.
Fixtures and fittings - 15% on reducing balance

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 4 (2022 - 4 ) .

RYKA UK LTD (REGISTERED NUMBER: 09298378)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1st December 2022
and 30th November 2023 9,570
DEPRECIATION
At 1st December 2022 4,206
Charge for year 804
At 30th November 2023 5,010
NET BOOK VALUE
At 30th November 2023 4,560
At 30th November 2022 5,364

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 360
Directors' current accounts 32,038 61,532
32,038 61,892

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 67 360
Corporation tax 11,748 7,761
Social security and other taxes 401 330
Pension payable 147 20,073
VAT 4,899 4,878
Accrued expenses 1,056 -
18,318 33,402

RYKA UK LTD (REGISTERED NUMBER: 09298378)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2023

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30th November 2023 and 30th November 2022:

2023 2022
£    £   
Mr D Amato and Mrs W Amato
Balance outstanding at start of year 61,532 51,762
Amounts advanced 30,506 61,558
Amounts repaid (60,000 ) (51,788 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 32,038 61,532

The directors' current account balances have no fixed date for repayment, are repayable upon demand and include a 2.25% (2% until 5 April 2023) interest charge on the overdrawn directors' loan account.