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REGISTERED NUMBER: 11451875 (England and Wales)















RYALL MANAGEMENT LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024






RYALL MANAGEMENT LTD (REGISTERED NUMBER: 11451875)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 January 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RYALL MANAGEMENT LTD

COMPANY INFORMATION
for the year ended 31 January 2024







DIRECTORS: K Ryall
Mrs E Ryall





REGISTERED OFFICE: 1020 Manchester Road
Linthwaite
Huddersfield
West Yorkshire
HD7 5QQ





REGISTERED NUMBER: 11451875 (England and Wales)





ACCOUNTANTS: SMH Sheards
Chartered Accountants
Vernon House
40 New North Road
Huddersfield
West Yorkshire
HD1 5LS

RYALL MANAGEMENT LTD (REGISTERED NUMBER: 11451875)

BALANCE SHEET
31 January 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 6,637 8,849
Investment property 5 760,000 505,000
766,637 513,849

CURRENT ASSETS
Debtors 6 1,714 256
Cash at bank 874 57,103
2,588 57,359
CREDITORS
Amounts falling due within one year 7 (435,925 ) (418,505 )
NET CURRENT LIABILITIES (433,337 ) (361,146 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

333,300

152,703

CREDITORS
Amounts falling due after more than one
year

8

(173,090

)

-

PROVISIONS FOR LIABILITIES 10 (40,891 ) (40,294 )
NET ASSETS 119,319 112,409

CAPITAL AND RESERVES
Called up share capital 2 2
Non distributable reserve 11 128,359 127,387
Retained earnings (9,042 ) (14,980 )
SHAREHOLDERS' FUNDS 119,319 112,409

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

RYALL MANAGEMENT LTD (REGISTERED NUMBER: 11451875)

BALANCE SHEET - continued
31 January 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2024 and were signed on its behalf by:





K Ryall - Director


RYALL MANAGEMENT LTD (REGISTERED NUMBER: 11451875)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 January 2024


1. STATUTORY INFORMATION

Ryall Management 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Turnover
Turnover is derived from rental income, which is recognised on an accruals basis.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs.

Financial liabilities are classified depending on the substance of the contractual arrangements entered into.

Basic financial liabilities, including other creditors and accruals, are initially recognised at transaction price.

Financial assets and liabilities are derecognised when the company's contractual obligations are settled, cancelled or they expire.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

RYALL MANAGEMENT LTD (REGISTERED NUMBER: 11451875)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 January 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023
and 31 January 2024 13,500
DEPRECIATION
At 1 February 2023 4,651
Charge for year 2,212
At 31 January 2024 6,863
NET BOOK VALUE
At 31 January 2024 6,637
At 31 January 2023 8,849

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023 505,000
Additions 253,432
Revaluations 1,568
At 31 January 2024 760,000
NET BOOK VALUE
At 31 January 2024 760,000
At 31 January 2023 505,000

Fair value at 31 January 2024 is represented by:
£   
Valuation in 2024 760,000

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 590,751 337,319

Investment property was valued on an open market basis on 31 January 2024 by the director .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 1,714 256

RYALL MANAGEMENT LTD (REGISTERED NUMBER: 11451875)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 January 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 435,925 418,505

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 173,090 -

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 173,090 -

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 173,090 -

The bank loans are secured against the relevant property to which they relate.

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 40,891 40,294

Deferred
tax
£   
Balance at 1 February 2023 40,294
Provided during year 597
Balance at 31 January 2024 40,891

11. RESERVES
Non
distributable
reserve
£   
At 1 February 2023 127,387
Revaluation of properties 972

At 31 January 2024 128,359

RYALL MANAGEMENT LTD (REGISTERED NUMBER: 11451875)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 January 2024


12. RELATED PARTY DISCLOSURES

Loans owing to the director on an interest free basis of £424,083 (2023 - £416,237) were outstanding at the year end, the amounts are repayable on demand.