Company Registration No. 13985048 (England and Wales)
Ryde Investments Limited
Unaudited accounts
for the year ended 30 June 2024
Ryde Investments Limited
Unaudited accounts
Contents
Ryde Investments Limited
Company Information
for the year ended 30 June 2024
Directors
Charles Reggie Kirk
Sophia Charlotte Kirk
Company Number
13985048 (England and Wales)
Registered Office
118 PALL MALL
LONDON
SW1Y 5EA
ENGLAND
Ryde Investments Limited
Statement of financial position
as at 30 June 2024
Investment property
524,966
-
Investments
2,306,121
2,084,968
Debtors
3,044,048
1,694,161
Cash at bank and in hand
19,154
27,379
Creditors: amounts falling due within one year
(5,676)
(2,000)
Net current assets
3,057,526
1,719,540
Total assets less current liabilities
5,888,613
3,804,508
Creditors: amounts falling due after more than one year
(5,671,300)
(3,767,560)
Called up share capital
30,000
30,000
Revaluation reserve
159,773
20,948
Profit and loss account
27,540
(14,000)
Shareholders' funds
217,313
36,948
For the year ending 30 June 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 14 August 2024 and were signed on its behalf by
Charles Reggie Kirk
Director
Company Registration No. 13985048
Ryde Investments Limited
Notes to the Accounts
for the year ended 30 June 2024
Ryde Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 13985048. The registered office is 118 PALL MALL, LONDON, SW1Y 5EA, 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.
5
Investments
Other investments
Valuation at 1 July 2023
2,084,968
Fair value adjustments
138,825
Valuation at 30 June 2024
2,306,121
Amounts falling due within one year
Amounts due from group undertakings etc.
109,360
-
Accrued income and prepayments
86,018
16,381
Other debtors
2,848,670
1,677,780
Ryde Investments Limited
Notes to the Accounts
for the year ended 30 June 2024
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
2,076
-
8
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
2,452,560
542,820
Other creditors
218,740
224,740
Non-equity preference shares
3,000,000
3,000,000
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).