RYPE OFFICE LTD

Company Registration Number:
09702306 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

RYPE OFFICE LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

RYPE OFFICE LTD

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 100,497 143,017
Total fixed assets: 100,497 143,017
Current assets
Stocks: 79,500 83,134
Debtors:   229,640 348,883
Cash at bank and in hand: 23,774 46,973
Total current assets: 332,914 478,990
Creditors: amounts falling due within one year:   (223,466) (243,827)
Net current assets (liabilities): 109,448 235,163
Total assets less current liabilities: 209,945 378,180
Creditors: amounts falling due after more than one year:   (261,867) (139,066)
Total net assets (liabilities): (51,922) 239,114
Capital and reserves
Called up share capital: 154 153
Share premium account: 1,605,748 1,540,749
Profit and loss account: (1,657,824) (1,301,788)
Shareholders funds: (51,922) 239,114

The notes form part of these financial statements

RYPE OFFICE LTD

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 17 September 2024
and signed on behalf of the board by:

Name: Gregory Lavery
Status: Director

The notes form part of these financial statements

RYPE OFFICE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

Tangible fixed assets and depreciation policy

Depreciation has been provided at the following rates in order to write off the assets over the estimated useful lives. Plant and machinery:- straight line 20% p.a., fixtures and fittings:- straight line 20% p.a. and equipment:- straight line 33% p.a.

Other accounting policies

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset is realised.

RYPE OFFICE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 21 30

RYPE OFFICE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 292,460
Additions 16,351
Disposals (16,332)
At 31 December 2023 292,479
Depreciation
At 01 January 2023 149,443
Charge for year 52,338
On disposals (9,799)
At 31 December 2023 191,982
Net book value
At 31 December 2023 100,497
At 31 December 2022 143,017