Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-302023-10-01falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.8No description of principal activity9truetruefalse 04760438 2023-10-01 2024-09-30 04760438 2022-10-01 2023-09-30 04760438 2024-09-30 04760438 2023-09-30 04760438 c:Director1 2023-10-01 2024-09-30 04760438 c:Director2 2023-10-01 2024-09-30 04760438 d:FurnitureFittings 2023-10-01 2024-09-30 04760438 d:FurnitureFittings 2024-09-30 04760438 d:FurnitureFittings 2023-09-30 04760438 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 04760438 d:Goodwill 2023-10-01 2024-09-30 04760438 d:Goodwill 2024-09-30 04760438 d:Goodwill 2023-09-30 04760438 d:CurrentFinancialInstruments 2024-09-30 04760438 d:CurrentFinancialInstruments 2023-09-30 04760438 d:Non-currentFinancialInstruments 2024-09-30 04760438 d:Non-currentFinancialInstruments 2023-09-30 04760438 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 04760438 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 04760438 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 04760438 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 04760438 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-09-30 04760438 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-09-30 04760438 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-09-30 04760438 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-09-30 04760438 d:ShareCapital 2024-09-30 04760438 d:ShareCapital 2023-09-30 04760438 d:RetainedEarningsAccumulatedLosses 2024-09-30 04760438 d:RetainedEarningsAccumulatedLosses 2023-09-30 04760438 c:FRS102 2023-10-01 2024-09-30 04760438 c:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 04760438 c:FullAccounts 2023-10-01 2024-09-30 04760438 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 04760438 d:AcceleratedTaxDepreciationDeferredTax 2024-09-30 04760438 d:AcceleratedTaxDepreciationDeferredTax 2023-09-30 04760438 2 2023-10-01 2024-09-30 04760438 6 2023-10-01 2024-09-30 04760438 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure

Registered number: 04760438










RYLAND COMMUNICATIONS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
RYLAND COMMUNICATIONS LIMITED
 
  
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF RYLAND COMMUNICATIONS LIMITED
FOR THE YEAR ENDED 30 SEPTEMBER 2024

You consider that the Company is exempt from an audit for the year ended 30 September 2024. You have acknowledged, on the Balance sheet, your responsibilities for ensuring that the Company keeps adequate accounting records which comply with section 386 of the Companies Act 2006, and for preparing the financial statements which give a true and fair view of the state of affairs of the Company and of its profit or loss for the financial year.

In accordance with your instructions, we have prepared the financial statements on pages 10 from the accounting records of the Company and on the basis of information and explanations you have given to us.

We have not carried out an audit or any other review, and consequently we do not express any opinion on these financial statements.

  



Hedley Dunk Limited
 
Trinity House
3 Bullace Lane
Dartford
Kent
DA1 1BB
10 January 2025
Page 1

 
RYLAND COMMUNICATIONS LIMITED
REGISTERED NUMBER: 04760438

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
151
202

Investments
 6 
3,048
140,700

  
3,199
140,902

Current assets
  

Stocks
  
17,000
19,750

Debtors: amounts falling due within one year
 7 
171,433
137,460

Cash at bank and in hand
 8 
139,981
138,236

  
328,414
295,446

Creditors: amounts falling due within one year
 9 
(133,715)
(114,673)

Net current assets
  
 
 
194,699
 
 
180,773

Total assets less current liabilities
  
197,898
321,675

Creditors: amounts falling due after more than one year
 10 
(2,797)
(9,144)

Provisions for liabilities
  

Deferred tax
 12 
(50)
(50)

  
 
 
(50)
 
 
(50)

Net assets
  
195,051
312,481


Capital and reserves
  

Called up share capital 
  
100
62

Profit and loss account
  
194,951
312,419

  
195,051
312,481


Page 2

 
RYLAND COMMUNICATIONS LIMITED
REGISTERED NUMBER: 04760438

BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 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 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: 




................................................
D M Settle
................................................
L M Settle
Director
Director


Date: 10 January 2025

The notes on pages 4 to 10 form part of these financial statements.

Page 3

 
RYLAND COMMUNICATIONS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

The Company is a private company, limited by shares. The Company's country of incorporation is England. It's registered office and principle place of business is 1 Beaufort House, Beaufort Court, Sir Thomas Longley Road, Medway City Estate, Rochester, Kent, ME2 4FB.

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

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue 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 revenue is recognised:

Rendering of services

Revenue 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 revenue 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

Interest income

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

 
2.4

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.

 
2.5

Borrowing costs

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

Page 4

 
RYLAND COMMUNICATIONS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

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.

 
2.8

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.9

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.

Page 5

 
RYLAND COMMUNICATIONS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)


2.9
Tangible fixed assets (continued)

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:

Fixtures & fittings
-
25%

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.

 
2.10

Impairment of fixed assets and goodwill

Assets that are subject to depreciation or amortisation are assessed at each balance sheet date to determine whether there is any indication that the assets are impaired. Where there is any indication that an asset may be impaired, the carrying value of the asset (or cash-generating unit to which the asset has been allocated) is tested for impairment. An impairment loss is recognised for the amount by which the asset's carrying amount exceeds its recoverable amount. The recoverable amount is the higher of an asset's (or CGU's) fair value less costs to sell and value in use. For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash flows (CGUs). Non-financial assets that have been previously impaired are reviewed at each balance sheet date to assess whether there is any indication that the impairment losses recognised in prior periods may no longer exist or may have decreased.

 
2.11

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.12

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.13

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.

 
2.14

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.

Page 6

 
RYLAND COMMUNICATIONS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.15

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.

 
2.16

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.

 
2.17

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 9 (2023 - 8).


4.


Intangible assets




Goodwill

£





At 1 October 2023
125,000


Revaluation surplus
(125,000)



At 30 September 2024

-





At 1 October 2023
125,000


On revalued assets
(125,000)



At 30 September 2024

-



Net book value



At 30 September 2024
-



At 30 September 2023
-



Page 7

 
RYLAND COMMUNICATIONS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5.


Tangible fixed assets





Fixtures & fittings

£



Cost or valuation


At 1 October 2023
2,309



At 30 September 2024

2,309



Depreciation


At 1 October 2023
2,107


Charge for the year on owned assets
51



At 30 September 2024

2,158



Net book value



At 30 September 2024
151



At 30 September 2023
202


6.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 October 2023
140,700


Amounts written off
(137,652)



At 30 September 2024
3,048





7.


Debtors

2024
2023
£
£


Trade debtors
167,677
134,591

Prepayments and accrued income
3,756
2,869

171,433
137,460


Page 8

 
RYLAND COMMUNICATIONS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

8.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
139,981
138,236



9.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
6,000
6,000

Trade creditors
53,928
50,974

Amounts owed to group undertakings
3,048
3,048

Corporation tax
23,944
21,151

Other taxation and social security
43,420
30,086

Other creditors
852
890

Accruals and deferred income
2,523
2,524

133,715
114,673



10.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
2,797
9,144



11.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
6,000
6,000

Amounts falling due 1-2 years

Bank loans
2,797
6,000

Amounts falling due 2-5 years

Bank loans
-
3,144


8,797
15,144



12.


Deferred taxation

Page 9

 
RYLAND COMMUNICATIONS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
 
12.Deferred taxation (continued)




2024


£






At beginning of year
(50)



At end of year
(50)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(50)
(50)


13.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £4,550 (2023 - £4,082). Contributions totalling £nil (2023 - £nil) were payable to the fund at the balance sheet date. 


Page 10