Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-313The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true3false2023-01-01falsefalse 01659396 2023-01-01 2023-12-31 01659396 2022-01-01 2022-12-31 01659396 2023-12-31 01659396 2022-12-31 01659396 c:Director3 2023-01-01 2023-12-31 01659396 d:ShareCapital 2023-12-31 01659396 d:ShareCapital 2022-12-31 01659396 d:RetainedEarningsAccumulatedLosses 2023-12-31 01659396 d:RetainedEarningsAccumulatedLosses 2022-12-31 01659396 c:FRS102 2023-01-01 2023-12-31 01659396 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 01659396 c:FullAccounts 2023-01-01 2023-12-31 01659396 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 01659396 d:TaxLossesCarry-forwardsDeferredTax 2023-12-31 01659396 d:TaxLossesCarry-forwardsDeferredTax 2022-12-31 01659396 2 2023-01-01 2023-12-31 01659396 6 2023-01-01 2023-12-31 01659396 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 01659396










RYV INVESTMENTS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
RYV INVESTMENTS LIMITED
REGISTERED NUMBER: 01659396

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
96,964
96,964

  
96,964
96,964

Current assets
  

Debtors
  
521
371

Cash at bank and in hand
 6 
192
275

  
713
646

Total assets less current liabilities
  
 
 
97,677
 
 
97,610

  

Net assets
  
97,677
97,610


Capital and reserves
  

Called up share capital 
  
50,100
50,100

Profit and loss account
  
47,577
47,510

  
97,677
97,610


Page 1

 
RYV INVESTMENTS LIMITED
REGISTERED NUMBER: 01659396
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
C L F Kilner
Director

Date: 24 September 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
RYV INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

RYV Investments Limited is a private company limited by shares, incorporated in England and Wales, registration number 01659396. The registered office is 8 King Edward Street, Oxford, Oxfordshire, 0X1 4HL.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.3

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Page 3

 
RYV INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2022 - 3).

Page 4

 
RYV INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Fixed asset investments





Unlisted investments

£



Cost or valuation


At 1 January 2023
96,964



At 31 December 2023
96,964





5.


Investment results

The company's investment at the balance sheet date is in the share capital of Doidge Fastenings
Limited, a company registered in England and Wales. The results of Doidge Fastenings Limited for the
year are as follows: Capital and reserves of £293,266 (2022: £240,093), Profit for the year of £85,173 (2022: £102,424).


6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
192
275

192
275



7.


Deferred taxation




2023


£






At beginning of year
371


Charged to profit or loss
149



At end of year
520

Page 5

 
RYV INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
 
7.Deferred taxation (continued)

The deferred tax asset is made up as follows:

2023
2022
£
£


Tax losses carried forward
520
371

520
371


8.


Contingent liabilities

RYV Investments Limited is an unlimited guarantor to Doidge Fastenings Limited.


9.


Related party transactions

Doidge Fastenings Limited, which is a 100% subsidiary of the company, paid RYV Investments Limited dividends amounting to £32,000 (2022: £43,433)


10.


Controlling party

The ultimate controlling party is the director C.E. Kilner.

 
Page 6