RYE LANE ELECTRICAL LIMITED

Company Registration Number:
11304038 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

RYE LANE ELECTRICAL LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 12

RYE LANE ELECTRICAL LIMITED

Company Information

for the Period Ended 30 April 2024




Director: LIAM JACQUIN
Registered office: Office One
1 Coldbath Square
Farringdon
London
England
EC1R 5HL
Company Registration Number: 11304038 (England and Wales)

RYE LANE ELECTRICAL LIMITED

Directors' Report Period Ended 30 April 2024

The directors present their report with the financial statements of the company for the period ended 30 April 2024

Principal Activities

The company's principal activity during the period was electrical installations.

Directors

The directors shown below have held office during the whole of the period from 01 May 2023 to 30 April 2024
LIAM JACQUIN

This report was approved by the board of directors on 28 January 2025
And Signed On Behalf Of The Board By:

Name: LIAM JACQUIN
Status: Director

RYE LANE ELECTRICAL LIMITED

Profit and Loss Account

for the Period Ended 30 April 2024


Notes

2024
£

2023
£
Turnover 820,433 451,231
Cost of sales ( 740,375 ) ( 322,726 )
Gross Profit or (Loss) 80,058 128,505
Administrative Expenses ( 45,600 ) ( 46,062 )
Operating Profit or (Loss) 34,458 82,443
Profit or (Loss) Before Tax 34,458 82,443
Tax on Profit ( 6,547 ) ( 15,865 )
Profit or (Loss) for Period 27,911 66,578

The notes form part of these financial statements

RYE LANE ELECTRICAL LIMITED

Balance sheet

As at 30 April 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 5 6,058 8,077
Total fixed assets: 6,058 8,077
Current assets
Debtors: 6 77,923 68,131
Cash at bank and in hand: 1,829 11,535
Total current assets: 79,752 79,666
Creditors: amounts falling due within one year: 7 ( 83,664 ) ( 66,416 )
Net current assets (liabilities): ( 3,912 ) 13,250
Total assets less current liabilities: 2,146 21,327
Total net assets (liabilities): 2,146 21,327

The notes form part of these financial statements

RYE LANE ELECTRICAL LIMITED

Balance sheet continued

As at 30 April 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 2,145 21,326
Shareholders funds: 2,146 21,327

For the year ending 30 April 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 28 January 2025
And Signed On Behalf Of The Board By:

Name: LIAM JACQUIN
Status: Director

The notes form part of these financial statements

RYE LANE ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

RYE LANE ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

RYE LANE ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 3. Off balance sheet disclosure

    No

RYE LANE ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Dividends


2024
£

2023
£
Dividends paid 47,092 45,590

RYE LANE ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Tangible assets

Motor vehicles Total
Cost £ £
At 01 May 2023 8,077 8,077
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 30 April 2024 8,077 8,077
Depreciation
At 01 May 2023 - -
Charge for year 2,019 2,019
On disposals - -
Other adjustments - -
At 30 April 2024 2,019 2,019
Net book value
At 30 April 2024 6,058 6,058
At 30 April 2023 8,077 8,077

RYE LANE ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

6. Debtors


2024
£

2023
£
Trade debtors 54,115 68,131
Other debtors 23,808
Total 77,923 68,131

RYE LANE ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

7.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 43,727 41,313
Trade creditors 22,456 5,430
Taxation and social security 17,481 19,673
Total 83,664 66,416