Registered number
13073122
RY Automobiles Ltd
Filleted Accounts
31 December 2024
RY Automobiles Ltd
Registered number: 13073122
Balance Sheet
as at 31 December 2024
2024 2023
£ £
Fixed assets 2,659,092 2,099,092
Current assets 61,406 180,319
Prepayments and accrued income 34,936 -
96,342 180,319
Creditors: amounts falling due within one year (2,957,193) (2,340,829)
Net current liabilities (2,860,851) (2,160,510)
Total assets less current liabilities (201,759) (61,418)
Accruals and deferred income (1,800) (1,800)
Net liabilities (203,559) (63,218)
Capital and reserves (203,559) (63,218)
Number Number
Average number of employees 1 1
During the year the director loaned the company £292,335. This loan is interest free and does not have any formal repayment terms. The company also received a loan of £2,664,857 from a company of which the director is the sole shareholder. This loan is interest free and does not have any formal repayment terms.
The company is a private company limited by shares and incorporated in England. Its registered office is 22a Main Road, Gedling, Nottingham, NG4 3HP.
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr R Yan
Director
Approved by the board on 5 March 2025
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