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REGISTERED NUMBER: 04576030 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Rydell Decorators Limited

Rydell Decorators Limited (Registered number: 04576030)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Rydell Decorators Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: S J Delaney
A Riley





SECRETARY: Ms C Delaney





REGISTERED OFFICE: 47 North Drive
Wavertree
Liverpool
L15 8JF





REGISTERED NUMBER: 04576030 (England and Wales)





ACCOUNTANTS: Haines Watts
3rd Floor Pacific Chambers
11-13 Victoria Street
Liverpool
Merseyside
L2 5QQ

Rydell Decorators Limited (Registered number: 04576030)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £ £ £ £
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 - 1
- 1

CURRENT ASSETS
Stocks - 500
Debtors 6 718 9,954
Cash at bank and in hand 6,467 38,700
7,185 49,154
CREDITORS
Amounts falling due within one year 7 2,102 15,831
NET CURRENT ASSETS 5,083 33,323
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,083

33,324

CAPITAL AND RESERVES
Called up share capital 1,002 1,002
Retained earnings 4,081 32,322
5,083 33,324

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

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

Rydell Decorators Limited (Registered number: 04576030)

Balance Sheet - continued
30 September 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 31 January 2025 and were signed on its behalf by:





S J Delaney - Director


Rydell Decorators Limited (Registered number: 04576030)

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

1. STATUTORY INFORMATION

Rydell Decorators 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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Rydell Decorators Limited (Registered number: 04576030)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1 October 2023
and 30 September 2024 64,750
AMORTISATION
At 1 October 2023
and 30 September 2024 64,750
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 October 2023 14,094
Disposals (14,094 )
At 30 September 2024 -
DEPRECIATION
At 1 October 2023 14,093
Eliminated on disposal (14,093 )
At 30 September 2024 -
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 1

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£ £
Trade debtors 718 9,954

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£ £
Trade creditors - 293
Taxation and social security - 70
Other creditors 2,102 15,468
2,102 15,831

Rydell Decorators Limited (Registered number: 04576030)

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

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are Mr S Delaney and Mr A Riley, who together own 99.8% of the issued share capital.