Company registration number:
NI696550
RYTE Group Ltd
Trading as
RYTE GROUP LTD
Unaudited filleted financial statements
31 March 2024
RYTE Group Ltd
Contents
Directors and other information
Directors responsibilities statement
Accountants report
Statement of financial position
RYTE Group Ltd
Directors and other information
|
|
|
|
|
Directors |
Mr Henry McGlone |
(Appointed 21 April 2023) |
|
|
Mr Ryan McGlone |
(Appointed 21 April 2023) |
|
|
|
|
|
|
|
|
|
Company number |
NI696550 |
|
|
|
|
|
|
|
|
|
|
Registered office |
57 The Oaks Tobermore Road |
|
|
|
Magherafelt |
|
|
|
BT45 5FG |
|
|
|
|
|
|
|
|
|
|
Business address |
57 The Oaks Tobermore Road |
|
|
|
Magherafelt |
|
|
|
BT45 5FG |
|
|
|
|
|
|
|
|
|
|
Accountants |
Corr & Corr |
|
|
|
2nd Floor |
|
|
|
The Cornmill |
|
|
|
Coalisland |
|
|
|
BT71 4LP |
|
|
|
|
|
RYTE Group Ltd
Directors responsibilities statement
Period ended 31 March 2024
Company law requires the directors to prepare financial statements for each financial period. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.
In preparing these financial statements, the directors are required to:
-
select suitable accounting policies and then apply them consistently;
-
make judgments and accounting estimates that are reasonable and prudent; and
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
RYTE Group Ltd
Report to the board of directors on the preparation of the
unaudited statutory financial statements of RYTE Group Ltd
Period 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 RYTE Group Ltd for the period ended 31 March 2024 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of Chartered Accountants Ireland, we are subject to its ethical and other professional requirements which are detailed at www.charteredaccountants.ie.
This report is made solely to the board of directors of RYTE Group Ltd, as a body, in accordance with the terms of our engagement letter dated 1 April 2024. Our work has been undertaken solely to prepare for your approval the financial statements of RYTE Group Ltd and state those matters that we have agreed to state to the board of directors of RYTE Group Ltd as a body, in this report in accordance with the requirements of Chartered Accountants Ireland as detailed at www.charteredaccountants.ie. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than RYTE Group Ltd and its board of directors as a body for our work or for this report.
It is your duty to ensure that RYTE Group 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 RYTE Group Ltd. You consider that RYTE Group Ltd is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the financial statements of RYTE Group 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.
Corr & Corr
Chartered Accountants Ireland
2nd Floor
The Cornmill
Coalisland
BT71 4LP
5 September 2024
RYTE Group Ltd
Statement of financial position
31 March 2024
|
|
|
31/03/24 |
|
|
|
|
|
|
|
£ |
|
|
|
|
|
|
|
|
|
|
|
|
Called up share capital not paid |
|
|
100 |
|
|
|
|
|
|
|
_______ |
|
|
|
|
|
|
|
|
|
|
|
|
Fixed assets |
|
|
400 |
|
|
|
|
|
|
|
_______ |
|
|
|
|
|
|
|
|
|
|
|
|
Creditors: amounts falling due within one year |
|
|
(
400) |
|
|
|
|
|
|
|
_______ |
|
|
|
|
|
|
|
|
|
|
|
|
Net current liabilities |
|
|
(
400) |
|
|
|
|
|
|
|
_______ |
|
|
|
|
|
|
|
|
|
|
|
|
Total assets less current liabilities |
|
|
100 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
_______ |
|
|
|
|
Net assets |
|
|
100 |
|
|
|
|
|
|
|
_______ |
|
|
|
|
|
|
|
|
|
|
|
|
Capital and reserves |
|
|
100 |
|
|
|
|
|
|
|
_______ |
|
|
|
|
|
|
|
|
|
|
|
|
RYTE Group Ltd
Period ended 31 March 2024
For the period 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 responsiblities:
-
The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
05 September 2024
, and are signed on behalf of the board by:
Mr Henry McGlone
Mr Ryan McGlone
Director
Director
Company registration number:
NI696550
The company is a private company limited by shares, registered in Northern Ireland.