IRIS Accounts Production v24.3.2.46 10523965 Board of Directors Board of Directors 1.1.24 31.12.24 31.12.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh105239652023-12-31105239652024-12-31105239652024-01-012024-12-31105239652022-12-31105239652023-01-012023-12-31105239652023-12-3110523965ns15:EnglandWales2024-01-012024-12-3110523965ns14:PoundSterling2024-01-012024-12-3110523965ns10:Director12024-01-012024-12-3110523965ns10:Director22024-01-012024-12-3110523965ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3110523965ns10:SmallEntities2024-01-012024-12-3110523965ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3110523965ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3110523965ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3110523965ns10:FullAccounts2024-01-012024-12-3110523965ns10:RegisteredOffice2024-01-012024-12-3110523965ns5:CurrentFinancialInstruments2024-12-3110523965ns5:CurrentFinancialInstruments2023-12-3110523965ns5:Non-currentFinancialInstruments2024-12-3110523965ns5:Non-currentFinancialInstruments2023-12-3110523965ns5:ShareCapital2024-12-3110523965ns5:ShareCapital2023-12-3110523965ns5:RevaluationReserve2024-12-3110523965ns5:RevaluationReserve2023-12-3110523965ns5:RetainedEarningsAccumulatedLosses2024-12-3110523965ns5:RetainedEarningsAccumulatedLosses2023-12-3110523965ns5:LandBuildings2023-12-3110523965ns5:LandBuildings2024-12-3110523965ns5:LandBuildings2023-12-3110523965ns5:RevaluationReserve2023-12-31
REGISTERED NUMBER: 10523965 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Ryecroft South Ltd

Ryecroft South Ltd (Registered number: 10523965)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ryecroft South Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTORS: T D Pleydell-Pearce
Mrs S Pleydell-Pearce





REGISTERED OFFICE: 2 Red House Cottages
Manor Road
Wantage
Oxfordshire
OX12 8LT





REGISTERED NUMBER: 10523965 (England and Wales)





ACCOUNTANTS: Norton Accountancy Ltd
7 Soundwell Road
Staple Hill
Bristol
BS16 4QG

Ryecroft South Ltd (Registered number: 10523965)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 350,000 350,000

CURRENT ASSETS
Cash at bank 5,073 1,387

CREDITORS
Amounts falling due within one year 5 (272,130 ) (282,873 )
NET CURRENT LIABILITIES (267,057 ) (281,486 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

82,943

68,514

CREDITORS
Amounts falling due after more than one
year

6

(11,660

)

-
NET ASSETS 71,283 68,514

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 7 34,870 34,870
Retained earnings 36,313 33,544
71,283 68,514

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Ryecroft South Ltd (Registered number: 10523965)

Balance Sheet - continued
31 December 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 15 March 2025 and were signed on its behalf by:




T D Pleydell-Pearce - Director



Mrs S Pleydell-Pearce - Director


Ryecroft South Ltd (Registered number: 10523965)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Ryecroft South 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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST OR VALUATION
At 1 January 2024
and 31 December 2024 350,000
NET BOOK VALUE
At 31 December 2024 350,000
At 31 December 2023 350,000

Ryecroft South Ltd (Registered number: 10523965)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 31 December 2024 is represented by:

Land and
buildings
£   
Valuation in 2017 395,000
Valuation in 2018 (65,000 )
Valuation in 2019 20,000
350,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Taxation and social security 650 2,396
Other creditors 271,480 280,477
272,130 282,873

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Other creditors 11,660 -

7. RESERVES
Revaluation
reserve
£   
At 1 January 2024
and 31 December 2024 34,870