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REGISTERED NUMBER: 09099519 (England and Wales)















Financial Statements for the Year Ended 30 June 2024

for

Riely Construction Ltd

Riely Construction Ltd (Registered number: 09099519)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Riely Construction Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTOR: L Semaj





REGISTERED OFFICE: 5 Willinghall Close
Waltham Abbey
EN9 1PW





REGISTERED NUMBER: 09099519 (England and Wales)





ACCOUNTANTS: Ortenz & Co Ltd
354 High Street North
East Ham
London
E12 6PH

Riely Construction Ltd (Registered number: 09099519)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 53,394 71,657

CURRENT ASSETS
Debtors 5 63,816 112,051
Cash at bank and in hand 113,758 13,091
177,574 125,142
CREDITORS
Amounts falling due within one year 6 142,623 92,585
NET CURRENT ASSETS 34,951 32,557
TOTAL ASSETS LESS CURRENT
LIABILITIES

88,345

104,214

CREDITORS
Amounts falling due after more than
one year

7

80,258

107,264
NET ASSETS/(LIABILITIES) 8,087 (3,050 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 8,085 (3,052 )
SHAREHOLDERS' FUNDS 8,087 (3,050 )

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 director acknowledges his 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.

Riely Construction Ltd (Registered number: 09099519)

Balance Sheet - continued
30 June 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 director and authorised for issue on 7 January 2025 and were signed by:





L Semaj - Director


Riely Construction Ltd (Registered number: 09099519)

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

1. STATUTORY INFORMATION

Riely Construction Ltd 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 represents net invoiced sales of services, excluding VAT.

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 - 20% on cost

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 6 ) .

Riely Construction Ltd (Registered number: 09099519)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023
and 30 June 2024 125,605
DEPRECIATION
At 1 July 2023 53,948
Charge for year 18,263
At 30 June 2024 72,211
NET BOOK VALUE
At 30 June 2024 53,394
At 30 June 2023 71,657

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other debtors 63,816 112,051

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 27,150 32,113
Trade creditors 60,244 1
Taxation and social security 52,669 54,356
Other creditors 2,560 6,115
142,623 92,585

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans 12,618 20,215
Hire purchase contracts 67,640 87,049
80,258 107,264

Riely Construction Ltd (Registered number: 09099519)

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

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

30.6.24 30.6.23
£    £   
L Semaj
Balance outstanding at start of year 109,586 -
Amounts advanced - 109,586
Amounts repaid (49,586 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 60,000 109,586

Riely Construction Ltd

Report of the Accountants to the Director of
Riely Construction Ltd

The following reproduces the text of the report prepared for the director 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 Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 June 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Ortenz & Co Ltd
354 High Street North
East Ham
London
E12 6PH


7 January 2025