Company Registration No. 14252111 (England and Wales)
RYZE TRADING LIMITED
Unaudited accounts
for the year ended 31 July 2024
RYZE TRADING LIMITED
Unaudited accounts
Contents
RYZE TRADING LIMITED
Company Information
for the year ended 31 July 2024
Company Number
14252111 (England and Wales)
Registered Office
45 Cuthbert Park
Birtley
Chester le Street
County Durham
DH3 2AQ
England
Accountants
Gina Caceres-Jimenez
LONSDALE FINANCIAL LTD
FIRST FLOOR, 10 FAIRFIELD TERRACE
PELAW
GATESHEAD
Tyne and Wear
NE10 0QR
RYZE TRADING LIMITED
Statement of financial position
as at 31 July 2024
Cash at bank and in hand
87
(5)
Creditors: amounts falling due within one year
(13,364)
(11,088)
Net current liabilities
(13,267)
(11,083)
Net liabilities
(12,365)
(9,982)
Called up share capital
1
1
Profit and loss account
(12,366)
(9,983)
Shareholders' funds
(12,365)
(9,982)
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 September 2024 and were signed on its behalf by
BENJAMIN CHEUNG
Director
Company Registration No. 14252111
RYZE TRADING LIMITED
Notes to the Accounts
for the year ended 31 July 2024
RYZE TRADING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14252111. The registered office is 45 Cuthbert Park, Birtley, Chester le Street, County Durham, DH3 2AQ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives using reducing balance commencing in the first full year of ownership
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2023
768
333
1,101
At 31 July 2024
768
333
1,101
Charge for the year
139
60
199
At 31 July 2024
139
60
199
At 31 July 2024
629
273
902
At 31 July 2023
768
333
1,101
Amounts falling due within one year
RYZE TRADING LIMITED
Notes to the Accounts
for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
12,810
10,514
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).