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REGISTERED NUMBER: 11175437 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

RYANBORNE LIMITED

RYANBORNE LIMITED (REGISTERED NUMBER: 11175437)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


RYANBORNE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: E A Babad
D Goldberg
M M Tangi





REGISTERED OFFICE: 65a Watford Way
London
NW4 3AQ





REGISTERED NUMBER: 11175437 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

RYANBORNE LIMITED (REGISTERED NUMBER: 11175437)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £   
FIXED ASSETS
Investment property 4 2,318,632 1,533,243

CURRENT ASSETS
Cash at bank 8,327 3,994

CREDITORS
Amounts falling due within one year 5 (319,960 ) (583,517 )
NET CURRENT LIABILITIES (311,633 ) (579,523 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,006,999

953,720

CREDITORS
Amounts falling due after more than one year 6 (2,066,665 ) (998,625 )
NET LIABILITIES (59,666 ) (44,905 )

CAPITAL AND RESERVES
Called up share capital 8 6 6
Retained earnings (59,672 ) (44,911 )
SHAREHOLDERS' FUNDS (59,666 ) (44,905 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

RYANBORNE LIMITED (REGISTERED NUMBER: 11175437)

STATEMENT OF FINANCIAL POSITION - continued
31 JANUARY 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 January 2025 and were signed on its behalf by:





E A Babad - Director


RYANBORNE LIMITED (REGISTERED NUMBER: 11175437)

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

1. STATUTORY INFORMATION

Ryanborne Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023 1,533,243
Additions 785,389
At 31 January 2024 2,318,632
NET BOOK VALUE
At 31 January 2024 2,318,632
At 31 January 2023 1,533,243

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts - 386,250
Trade creditors 4,265 -
Other creditors 315,695 197,267
319,960 583,517

RYANBORNE LIMITED (REGISTERED NUMBER: 11175437)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Bank loans 2,066,665 998,625

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 2,066,665 998,625

7. SECURED DEBTS

The following secured debts are included within creditors:

31.1.24 31.1.23
£    £   
Bank loans 2,066,665 1,384,875

Long term bank loan is secured by first charge over the company's investment property.

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
6 Ordinary £1 6 6