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
RYE LETTINGS LTD
Company Information
for the year ended 31 October 2023
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
RYE LETTINGS LTD
Statement of financial position
as at 31 October 2023
Tangible assets
426,769
431,065
Cash at bank and in hand
2,452
7,464
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)
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
RYE LETTINGS LTD
Notes to the Accounts
for the year ended 31 October 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
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
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
At 31 October 2023
372,107
52,000
2,662
426,769
At 31 October 2022
372,107
58,359
599
431,065
RYE LETTINGS LTD
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due after more than one year
Accrued income and prepayments
-
700
6
Creditors: amounts falling due within one year
2023
2022
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
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).