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Registration number: 04487141

Alan Ryder Investments Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 July 2024

 

Alan Ryder Investments Limited

Contents

Balance Sheet

1 to 2

Notes to the Financial Statements

3 to 9

 

Alan Ryder Investments Limited

(Registration number: 04487141)
Balance Sheet as at 31 July 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

5

40,247

46,483

Investment property

6

4,820,314

4,820,314

Other financial assets

7

12,965,353

6,388,146

 

17,825,914

11,254,943

Current assets

 

Debtors

8

420,224

652,587

Cash at bank and in hand

 

84,665

306,927

 

504,889

959,514

Creditors: Amounts falling due within one year

9

(928,874)

(538,586)

Net current (liabilities)/assets

 

(423,985)

420,928

Total assets less current liabilities

 

17,401,929

11,675,871

Creditors: Amounts falling due after more than one year

9

(2,160,702)

(2,414,997)

Net assets

 

15,241,227

9,260,874

Capital and reserves

 

Called up share capital

1

1

Revaluation reserve

10,368,842

4,820,697

Other reserves

928,809

928,809

Retained earnings

3,943,575

3,511,367

Shareholders' funds

 

15,241,227

9,260,874

 

Alan Ryder Investments Limited

(Registration number: 04487141)
Balance Sheet as at 31 July 2024

For the financial year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 15 January 2025
 

.........................................
A A Ryder
Director

 

Alan Ryder Investments Limited

Notes to the Financial Statements for the Year Ended 31 July 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Suite I Windrush Court
Abingdon Business Park
Abingdon
Oxfordshire
OX14 1SY
United Kingdom

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for rental income and the provision of consultancy services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax payable.

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 taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Alan Ryder Investments Limited

Notes to the Financial Statements for the Year Ended 31 July 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

25% reducing balance

Fixtures & fittings

10% reducing balance

Motor vehicle

20% reducing balance

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Alan Ryder Investments Limited

Notes to the Financial Statements for the Year Ended 31 July 2024

Financial instruments

Recognition and measurement
Investments in unlisted shares in non-group companies are held at fair value with changes in fair value being recognised in the profit/loss, except where the value of the holdings cannot be reliably measured. These costs are held at cost less impairment.
 

3

Taxation

2024

2023

£

£

Corporation tax

9,571

6,531

Deferred tax

-

-

9,571

6,531

4

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 4 (2023 - 4).

 

Alan Ryder Investments Limited

Notes to the Financial Statements for the Year Ended 31 July 2024

5

Tangible assets

Fixtures and fittings
£

Plant and machinery
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 August 2023

48,588

3,500

40,106

92,194

At 31 July 2024

48,588

3,500

40,106

92,194

Depreciation

At 1 August 2023

17,978

3,500

24,233

45,711

Charge for the year

3,061

-

3,175

6,236

At 31 July 2024

21,039

3,500

27,408

51,947

Carrying amount

At 31 July 2024

27,549

-

12,698

40,247

At 31 July 2023

30,610

-

15,873

46,483

6

Investment properties

2024
£

At 1 August

4,820,314

At 31 July

4,820,314

There has been no valuation of investment property by an independent valuer.

 

Alan Ryder Investments Limited

Notes to the Financial Statements for the Year Ended 31 July 2024

7

Other financial assets (current and non-current)

Unlisted shares
£

Total
£

Non-current financial assets

Cost or valuation

At 1 August 2023

6,133,106

6,133,106

Revaluations

5,548,145

5,548,145

Additions

1,284,102

1,284,102

At 31 July 2024

12,965,353

12,965,353

Carrying amount

At 31 July 2024

12,965,353

12,965,353

Unlisted shares comprises, (a) holding in RSK Group Ltd which are held at fair value and (b) other holdings whose fair value cannot be reliably measured and are therefore held at cost less impairment.

8

Debtors

Current

Note

2024
£

2023
£

Trade debtors

 

1,070

138,330

Amounts owed by related parties

11

361,597

352,648

Other debtors

 

57,557

161,609

   

420,224

652,587

 

Alan Ryder Investments Limited

Notes to the Financial Statements for the Year Ended 31 July 2024

9

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

10

255,478

133,872

Trade creditors

 

18,546

84,980

Amounts owed to related parties

11

216,000

263,928

Taxation and social security

 

16,780

35,806

Other creditors

 

422,070

20,000

 

928,874

538,586

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

10

2,021,662

2,414,997

Other non-current financial liabilities

 

139,040

-

 

2,160,702

2,414,997

Loans and borrowings are secured against the assets of the company.

 

Alan Ryder Investments Limited

Notes to the Financial Statements for the Year Ended 31 July 2024

10

Loans and borrowings

Current loans and borrowings

2024
£

2023
£

Bank borrowings

253,335

113,335

Hire purchase contracts

-

3,388

Other borrowings

2,143

17,149

255,478

133,872

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

2,021,662

2,414,997

11

Related party transactions

Transactions with the director

2024

At 1 August 2023
£

Advances to director
£

Repayments by director
£

At 31 July 2024
£

A A Ryder

Loan account

160,829

850,709

(1,293,608)

(282,070)

2023

At 1 August 2022
£

Advances to director
£

Repayments by director
£

At 31 July 2023
£

A A Ryder

Loan account

211,515

1,030,153

(1,080,839)

160,829