Company registration number:
13696708
Ryde Services Ltd
Unaudited filleted financial statements
31 March 2024
THE BARKER PARTNERSHIP
Chartered Accountants
Thirsk
Ryde Services Ltd
Contents
Directors and other information
Accountants report
Balance sheet
Notes to the financial statements
Ryde Services Ltd
Directors and other information
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Directors |
Mr C Kirk |
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Mrs S Kirk |
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Miss M Kirk |
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Miss G Kirk |
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Company number |
13696708 |
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Registered office |
Brinkburn House, Brookside |
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Hovingham |
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York |
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YO62 4LG |
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Accountants |
The Barker Partnership |
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17 Central Buildings |
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Market Place |
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Thirsk |
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North Yorkshire |
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YO7 1HD |
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Ryde Services Ltd
Chartered accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of Ryde Services Ltd
Year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ryde Services Ltd for the year ended 31 March 2024 which comprise the Balance sheet and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.
This report is made solely to the board of directors of Ryde Services Ltd, as a body, in accordance with the terms of our engagement letter dated 6 January 2022. Our work has been undertaken solely to prepare for your approval the financial statements of Ryde Services Ltd and state those matters that we have agreed to state to the board of directors of Ryde Services Ltd as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ryde Services Ltd and its board of directors as a body for our work or for this report.
It is your duty to ensure that Ryde Services Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ryde Services Ltd. You consider that Ryde Services Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Ryde Services Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
The Barker Partnership
Chartered Accountants
17 Central Buildings
Market Place
Thirsk
North Yorkshire
YO7 1HD
19 July 2024
Ryde Services Ltd
Balance sheet
31 March 2024
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31/03/24 |
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31/03/23 |
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Note |
£ |
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£ |
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£ |
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£ |
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Current assets |
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Debtors |
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5 |
- |
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10,647 |
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Cash at bank and in hand |
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8,739 |
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198 |
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_______ |
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_______ |
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8,739 |
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10,845 |
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Creditors: amounts falling due |
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within one year |
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6 |
(
4,686) |
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(
9,305) |
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_______ |
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_______ |
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Net current assets |
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4,053 |
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1,540 |
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_______ |
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Total assets less current liabilities |
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4,053 |
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1,540 |
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_______ |
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Net assets |
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4,053 |
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1,540 |
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_______ |
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_______ |
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Capital and reserves |
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Called up share capital |
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1 |
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1 |
Profit and loss account |
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4,052 |
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1,539 |
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_______ |
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Shareholders funds |
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4,053 |
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1,540 |
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_______ |
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_______ |
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For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
19 July 2024
, and are signed on behalf of the board by:
Mr C Kirk
Director
Company registration number:
13696708
Ryde Services Ltd
Notes to the financial statements
Year ended 31 March 2024
1.
General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is Brinkburn House, Brookside, Hovingham, York, YO62 4LG. The principal activity of the company is that of providing consultancy services.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and of Value Added Tax.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
4
(2023:
4
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5.
Debtors
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31/03/24 |
31/03/23 |
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£ |
£ |
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Trade debtors |
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10,647 |
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_______ |
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6.
Creditors: amounts falling due within one year
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31/03/24 |
31/03/23 |
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£ |
£ |
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Corporation tax |
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590 |
2,238 |
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Social security and other taxes |
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3,046 |
2,049 |
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Other creditors |
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1,050 |
5,018 |
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_______ |
_______ |
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4,686 |
9,305 |
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_______ |
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7.
Related party transactions
At the year end an amount of £nil (2023: £1,999) was owed to C Kirk in respect of his director's current account.