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Company Registration No. 12807353 (England and Wales)
RYE LETTINGS LTD Unaudited accounts for the year ended 31 October 2023
RYE LETTINGS LTD Unaudited accounts Contents
Page
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RYE LETTINGS LTD Company Information for the year ended 31 October 2023
Director
Igor Kovalenko
Company Number
12807353 (England and Wales)
Registered Office
10 JUNIPER WAY HAWKINGE FOLKESTONE CT18 7TU ENGLAND
Accountants
Business Atrium Limited 85 Great Portland Street, First Floor London W1W 7LT
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RYE LETTINGS LTD Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
426,769 
431,065 
Current assets
Debtors
800 
700 
Cash at bank and in hand
2,452 
7,464 
3,252 
8,164 
Creditors: amounts falling due within one year
(484)
(6,316)
Net current assets
2,768 
1,848 
Total assets less current liabilities
429,537 
432,913 
Creditors: amounts falling due after more than one year
(458,372)
(445,299)
Net liabilities
(28,835)
(12,386)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(28,935)
(12,486)
Shareholders' funds
(28,835)
(12,386)
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 July 2024 and were signed on its behalf by
Igor Kovalenko Director Company Registration No. 12807353
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RYE LETTINGS LTD Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
RYE LETTINGS LTD is a private company, limited by shares, registered in England and Wales, registration number 12807353. The registered office is 10 JUNIPER WAY, HAWKINGE, FOLKESTONE, CT18 7TU, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
0%
Fixtures & fittings
20% Reducing Balance
Computer equipment
20% Straight Line
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2022
372,107 
63,643 
716 
436,466 
Additions
- 
7,142 
2,306 
9,448 
At 31 October 2023
372,107 
70,785 
3,022 
445,914 
Depreciation
At 1 November 2022
- 
5,284 
117 
5,401 
Charge for the year
- 
13,501 
243 
13,744 
At 31 October 2023
- 
18,785 
360 
19,145 
Net book value
At 31 October 2023
372,107 
52,000 
2,662 
426,769 
At 31 October 2022
372,107 
58,359 
599 
431,065 
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RYE LETTINGS LTD Notes to the Accounts for the year ended 31 October 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
800 
- 
Accrued income and prepayments
- 
700 
800 
700 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
484 
6,316 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
225,995 
225,995 
Other creditors
82,279 
68,495 
Loans from directors
150,098 
150,809 
458,372 
445,299 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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