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COMPANY REGISTRATION NUMBER: 12723742
Rye Holdings Limited
Unaudited financial statements
31 December 2024
Rye Holdings Limited
Statement of financial position
31 December 2024
2024
2023
Note
£
£
£
£
Fixed assets
Investments
5
320,099
320,099
Creditors: Amounts falling due within one year
6
( 4,481)
( 4,481)
------
------
Net current liabilities
( 4,481)
( 4,481)
---------
---------
Total assets less current liabilities
315,618
315,618
---------
---------
Capital and reserves
Called up share capital
99
99
Profit and loss account
315,519
315,519
---------
---------
Shareholders funds
315,618
315,618
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 27 March 2025 , and are signed on behalf of the board by:
T M Cracknell
Director
Company registration number: 12723742
Rye Holdings Limited
Notes to the financial statements
Year ended 31 December 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 55 Bixley Road, Ipswich, IP3 8PQ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
4. Employee numbers
The average number of employees during the year was 2 (2023: 2 ).
5. Investments
Shares in group undertakings
£
Cost
At 1 January 2024 and 31 December 2024
320,099
---------
Impairment
At 1 January 2024 and 31 December 2024
---------
Carrying amount
At 31 December 2024
320,099
---------
At 31 December 2023
320,099
---------
6. Creditors: Amounts falling due within one year
2024
2023
£
£
Amounts owed to group undertakings and undertakings in which the company has a participating interest
4,481
4,481
------
------