Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-302023-05-01falseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11943567 2023-05-01 2024-04-30 11943567 2022-05-01 2023-04-30 11943567 2024-04-30 11943567 2023-04-30 11943567 c:Director1 2023-05-01 2024-04-30 11943567 d:CurrentFinancialInstruments 2024-04-30 11943567 d:CurrentFinancialInstruments 2023-04-30 11943567 d:Non-currentFinancialInstruments 2024-04-30 11943567 d:Non-currentFinancialInstruments 2023-04-30 11943567 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 11943567 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 11943567 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 11943567 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 11943567 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-04-30 11943567 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-04-30 11943567 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-04-30 11943567 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-04-30 11943567 d:ShareCapital 2024-04-30 11943567 d:ShareCapital 2023-04-30 11943567 d:RetainedEarningsAccumulatedLosses 2024-04-30 11943567 d:RetainedEarningsAccumulatedLosses 2023-04-30 11943567 c:FRS102 2023-05-01 2024-04-30 11943567 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 11943567 c:FullAccounts 2023-05-01 2024-04-30 11943567 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 11943567









RYE HILL DEVELOPMENTS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
RYE HILL DEVELOPMENTS LIMITED
REGISTERED NUMBER: 11943567

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
887,170
892,170

Cash at bank and in hand
 5 
349
349

  
887,519
892,519

Creditors: amounts falling due within one year
 6 
(430,233)
(424,497)

Net current assets
  
 
 
457,286
 
 
468,022

Total assets less current liabilities
  
457,286
468,022

Creditors: amounts falling due after more than one year
 7 
(12,631)
(22,561)

  

Net assets
  
444,655
445,461


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
444,555
445,361

  
444,655
445,461


The director considers 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 director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

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 comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

Page 1

 
RYE HILL DEVELOPMENTS LIMITED
REGISTERED NUMBER: 11943567
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 November 2024.




Charles Style
Director

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

Page 2

 
RYE HILL DEVELOPMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Rye Hill Developments Limited is a private company limited by shares, incorporated under the Companies Act 2006 and domiciled in England. The address of the Company's registered office is Regina House, 124 Finchley Road, London, NW3 5JS.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.3

Borrowing costs

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

 
2.4

Taxation

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.

 
2.5

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.6

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. 

 
2.7

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.

Page 3

 
RYE HILL DEVELOPMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.8

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to and from related parties.


3.


Employees

The average monthly number of employees, including the director, during the year was as follows:


        2024
        2023
            No.
            No.







Director
1
1


4.


Debtors

2024
2023
£
£


Other debtors
887,170
892,170

887,170
892,170



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
349
349

349
349


Page 4

 
RYE HILL DEVELOPMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
10,648
10,648

Trade creditors
-
324

Corporation tax
64,137
69,049

Other creditors
355,448
344,476

430,233
424,497



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
12,631
22,561

12,631
22,561


Page 5

 
RYE HILL DEVELOPMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

8.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
10,648
10,648


10,648
10,648

Amounts falling due 1-2 years

Bank loans
10,648
10,648


10,648
10,648

Amounts falling due 2-5 years

Bank loans
1,983
11,913


1,983
11,913


23,279
33,209


 
Page 6