Acorah Software Products - Accounts Production 16.1.300 false true false 1 December 2023 30 November 2024 30 November 2024 11068834 Mr Ryan Linnell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11068834 2023-11-30 11068834 2024-11-30 11068834 2023-12-01 2024-11-30 11068834 frs-core:CurrentFinancialInstruments 2024-11-30 11068834 frs-core:Non-currentFinancialInstruments 2024-11-30 11068834 frs-core:ComputerEquipment 2024-11-30 11068834 frs-core:ComputerEquipment 2023-12-01 2024-11-30 11068834 frs-core:ComputerEquipment 2023-11-30 11068834 frs-core:FurnitureFittings 2024-11-30 11068834 frs-core:FurnitureFittings 2023-12-01 2024-11-30 11068834 frs-core:FurnitureFittings 2023-11-30 11068834 frs-core:ShareCapital 2024-11-30 11068834 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 11068834 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 11068834 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 11068834 frs-bus:SmallEntities 2023-12-01 2024-11-30 11068834 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 11068834 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 11068834 frs-bus:Director1 2023-12-01 2024-11-30 11068834 frs-countries:EnglandWales 2023-12-01 2024-11-30
Registered number: 11068834
Rytech Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2024
Leo Bookkeeping
MAAT
3 Hanbury Lodge
Broadmoor
Kilgetty
Pembrokeshire
SA68 0RH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11068834
2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 667
667
CURRENT ASSETS
Stocks 5 8,000
Cash at bank and in hand 4,518
12,518
Creditors: Amounts Falling Due Within One Year 6 (6,847 )
NET CURRENT ASSETS (LIABILITIES) 5,671
TOTAL ASSETS LESS CURRENT LIABILITIES 6,338
Creditors: Amounts Falling Due After More Than One Year 7 (3,600 )
NET ASSETS 2,738
CAPITAL AND RESERVES
Called up share capital 8 1
Profit and Loss Account 2,737
SHAREHOLDERS' FUNDS 2,738
Page 1
Page 2
For the year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Ryan Linnell
Director
21/02/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Rytech Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11068834 . The registered office is 2 Church Way, Thorpe Malsor, Kettering, Northants, NN14 1JS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 25%
Computer Equipment 25%
2.4. Stocks and Work in Progress
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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1
1
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 December 2023 1,961 10,173 12,134
Additions - 1,416 1,416
As at 30 November 2024 1,961 11,589 13,550
Depreciation
As at 1 December 2023 1,581 8,024 9,605
Provided during the period 380 2,898 3,278
As at 30 November 2024 1,961 10,922 12,883
...CONTINUED
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Page 4
Net Book Value
As at 30 November 2024 - 667 667
As at 1 December 2023 380 2,149 2,529
5. Stocks
2024
£
Stock 8,000
6. Creditors: Amounts Falling Due Within One Year
2024
£
Trade creditors 3,602
Bank loans and overdrafts 26
Other creditors 905
Taxation and social security 2,314
6,847
Samsung £3602.07
VAT £2313.65
Accruals £905
  Accounts 2023-24 £850
  VAT Return Sep - Nov 23 £55
7. Creditors: Amounts Falling Due After More Than One Year
2024
£
Bank loans 3,600
Bounce Back Loan £3600
8. Share Capital
2024
£
Allotted, Called up and fully paid 1
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