Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-31No description of principal activity2023-02-01false44falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07840279 2023-02-01 2024-01-31 07840279 2022-02-01 2023-01-31 07840279 2024-01-31 07840279 2023-01-31 07840279 c:Director1 2023-02-01 2024-01-31 07840279 d:MotorVehicles 2023-02-01 2024-01-31 07840279 d:MotorVehicles 2024-01-31 07840279 d:MotorVehicles 2023-01-31 07840279 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 07840279 d:ComputerEquipment 2023-02-01 2024-01-31 07840279 d:ComputerEquipment 2024-01-31 07840279 d:ComputerEquipment 2023-01-31 07840279 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 07840279 d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 07840279 d:CurrentFinancialInstruments 2024-01-31 07840279 d:CurrentFinancialInstruments 2023-01-31 07840279 d:Non-currentFinancialInstruments 2024-01-31 07840279 d:Non-currentFinancialInstruments 2023-01-31 07840279 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 07840279 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 07840279 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-31 07840279 d:Non-currentFinancialInstruments d:AfterOneYear 2023-01-31 07840279 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-01-31 07840279 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-01-31 07840279 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-01-31 07840279 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-01-31 07840279 d:ShareCapital 2024-01-31 07840279 d:ShareCapital 2023-01-31 07840279 d:RetainedEarningsAccumulatedLosses 2024-01-31 07840279 d:RetainedEarningsAccumulatedLosses 2023-01-31 07840279 c:FRS102 2023-02-01 2024-01-31 07840279 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 07840279 c:FullAccounts 2023-02-01 2024-01-31 07840279 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 07840279 d:AcceleratedTaxDepreciationDeferredTax 2024-01-31 07840279 d:AcceleratedTaxDepreciationDeferredTax 2023-01-31 07840279 2 2023-02-01 2024-01-31 07840279 e:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Registered number: 07840279










RYSURI LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2024

 
RYSURI LIMITED
REGISTERED NUMBER: 07840279

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
11,031
10,675

  
11,031
10,675

Current assets
  

Debtors: amounts falling due within one year
 5 
369,943
369,781

Cash at bank and in hand
  
74,298
80,266

  
444,241
450,047

Creditors: amounts falling due within one year
 6 
(26,992)
(68,761)

Net current assets
  
 
 
417,249
 
 
381,286

Total assets less current liabilities
  
428,280
391,961

Creditors: amounts falling due after more than one year
 7 
(11,667)
(16,667)

Provisions for liabilities
  

Deferred tax
 9 
(2,758)
(2,669)

  
 
 
(2,758)
 
 
(2,669)

Net assets
  
413,855
372,625


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
413,755
372,525

  
413,855
372,625


Page 1

 
RYSURI LIMITED
REGISTERED NUMBER: 07840279
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JANUARY 2024

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 income statement 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: 




................................................
Dr P Linn
Director

Date: 29 October 2024

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
RYSURI LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

Rysuri Limited is a private company limited by shares and incorporated in England and Wales, registration number 07840279. The registered office is 8 The Courtyard, Wyncolls Road, Severalls Industrial Park, Colchester , Essex, CO4 9PE.

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 financial statements are presented in Sterling (£).

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Income statement in the same period as the related expenditure.

 
2.4

Interest income

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

Page 3

 
RYSURI LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.6

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 reporting 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 reporting 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 reporting date.

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
25% reducing balance
Computer equipment
-
25% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4

 
RYSURI LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

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.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2023: 4). 

Page 5

 
RYSURI LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

4.


Tangible fixed assets





Motor vehicle
Computer equipment
Total

£
£
£



Cost or valuation


At 1 February 2023
76,830
779
77,609


Additions
-
3,437
3,437



At 31 January 2024

76,830
4,216
81,046



Depreciation


At 1 February 2023
66,788
146
66,934


Charge for the year on owned assets
2,511
570
3,081



At 31 January 2024

69,299
716
70,015



Net book value



At 31 January 2024
7,531
3,500
11,031



At 31 January 2023
10,042
633
10,675

Page 6

 
RYSURI LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

5.


Debtors

2024
2023
£
£


Trade debtors
62,500
62,500

Other debtors
306,486
306,193

Prepayments
957
1,088

369,943
369,781



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
5,000
5,000

Trade creditors
355
-

Corporation tax
11,003
11,634

Other taxation and social security
7,986
7,047

Other creditors
74
43,010

Accruals
2,574
2,070

26,992
68,761



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
11,667
16,667

11,667
16,667


Page 7

 
RYSURI LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

8.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
5,000
5,000


5,000
5,000

Amounts falling due 1-2 years

Bank loans
10,000
10,000


10,000
10,000

Amounts falling due 2-5 years

Bank loans
1,667
6,667


1,667
6,667


16,667
21,667


The loans are guaranteed by the UK government.


9.


Deferred taxation




2024


£






At beginning of year
(2,669)


Charged to profit or loss
(89)



At end of year
(2,758)

Page 8

 
RYSURI LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024
 
9.Deferred taxation (continued)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(2,758)
(2,669)

(2,758)
(2,669)


10.


Related party transactions

At the balance sheet date the company was owed £229,034 (2023: £228,815) from a director, in respect of their director's loan account. The balance is unsecured and repayable on demand. Interest is accrued on the balance at a rate of 2.25%.

 
Page 9