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REGISTERED NUMBER: 12038565 (England and Wales)










Unaudited Financial Statements for the Year Ended 30 June 2024

for

RYMAN CONSTRUCTION LIMITED

RYMAN CONSTRUCTION LIMITED (REGISTERED NUMBER: 12038565)

Contents of the Financial Statements
for the Year Ended 30 June 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

RYMAN CONSTRUCTION LIMITED

Company Information
for the Year Ended 30 June 2024







DIRECTORS: D A Parker
Mrs S Parker





SECRETARY:





REGISTERED OFFICE: 1 Westfield Terrace
Longford
Gloucester
GL2 9AZ





REGISTERED NUMBER: 12038565 (England and Wales)





ACCOUNTANTS: CHEADLES
Chartered Accountants
Telegraph House
59 Wolverhampton Road
Stafford
Staffordshire
ST17 4AW

RYMAN CONSTRUCTION LIMITED (REGISTERED NUMBER: 12038565)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 24,769 26,145

CURRENT ASSETS
Stocks 201,335 150,563
Debtors 5 190,697 95,730
Cash at bank 33,669 138,112
425,701 384,405
CREDITORS
Amounts falling due within one year 6 337,994 274,109
NET CURRENT ASSETS 87,707 110,296
TOTAL ASSETS LESS CURRENT
LIABILITIES

112,476

136,441

CREDITORS
Amounts falling due after more than one year 7 (10,607 ) (18,582 )

PROVISIONS FOR LIABILITIES (3,538 ) (3,818 )
NET ASSETS 98,331 114,041

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 98,231 113,941
98,331 114,041

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 10 February 2025 and were signed on its behalf by:





D A Parker - Director


RYMAN CONSTRUCTION LIMITED (REGISTERED NUMBER: 12038565)

Notes to the Financial Statements
for the Year Ended 30 June 2024


1. STATUTORY INFORMATION

Ryman Construction 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.

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.

Significant judgements and estimates
Preparation of the financial statements requires management to make significant judgements, estimates and assumptions that affect the amounts reported for the assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Employee benefits
The company's holiday period is 1 July - 30 June, therefore no accrued holiday provision is required in these accounts.

RYMAN CONSTRUCTION LIMITED (REGISTERED NUMBER: 12038565)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 July 2023 1,906 29,000 7,924 38,830
Additions - 4,096 1,891 5,987
At 30 June 2024 1,906 33,096 9,815 44,817
DEPRECIATION
At 1 July 2023 1,154 7,499 4,032 12,685
Charge for year 188 5,865 1,310 7,363
At 30 June 2024 1,342 13,364 5,342 20,048
NET BOOK VALUE
At 30 June 2024 564 19,732 4,473 24,769
At 30 June 2023 752 21,501 3,892 26,145

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 124,873 53,716
Amounts owed by group undertakings 65,150 -
Other debtors 674 42,014
190,697 95,730

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 30,738 8,001
Trade creditors 157,966 131,725
Taxation and social security 98,179 55,735
Other creditors 51,111 78,648
337,994 274,109

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans 10,607 18,582

RYMAN CONSTRUCTION LIMITED (REGISTERED NUMBER: 12038565)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


8. RELATED PARTY DISCLOSURES

At the balance sheet date, a loan of £57,778 (2023: £0) was due to be paid from the parent company, Ryman Holdings Limited.

Also at the balance sheet date, a loan of £7,372 (2023: £0) was due to be paid from Ryman Property Limited, a subsidiary of Ryman Holdings Limited.

A loan of £46,151 (2023: £73,923) was due to be paid to DPG Groundworks and Construction Limited, a company in which one of the directors has an interest.

9. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors who owns 100% of the share capital in the parent company.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Ryman Construction Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ryman Construction Limited for the year ended 30 June 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Ryman Construction Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ryman Construction Limited and state those matters that we have agreed to state to the Board of Directors of Ryman Construction Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ryman Construction Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Ryman Construction Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ryman Construction Limited. You consider that Ryman Construction Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Ryman Construction Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






CHEADLES
Chartered Accountants
Telegraph House
59 Wolverhampton Road
Stafford
Staffordshire
ST17 4AW


10 February 2025