REGISTERED NUMBER: 13105819 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

RYALL STRUCTURAL ENGINEERS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr L M Ryall

REGISTERED OFFICE:

83 Nut Bush Lane

Torquay

Devon

TQ2 6SG

REGISTERED NUMBER:

13105819 (England and Wales)

ACCOUNTANTS:

Marsland Nash Associates

Chartered Tax Advisers, Accountants

and Business Consultants

Vantage Point House

Silverhills Road

Decoy Industrial Estate

Newton Abbot

Devon

TQ12 5ND

BANKERS:

Starling Bank

3rd Floor

2 Finsbury Avenue

London

EC2M 2PP

FIXED ASSETS

Intangible assets

4

3,120

5,505

Tangible assets

5

21,887

26,927

25,007

32,432

CURRENT ASSETS

Debtors

6

79,600

79,716

Cash at bank

12,719

45,949

92,319

125,665

CREDITORS

Amounts falling due within one year

7

75,248

39,043

NET CURRENT ASSETS

17,071

86,622

TOTAL ASSETS LESS CURRENT LIABILITIES

42,078

119,054

PROVISIONS FOR LIABILITIES

5,465

6,667

NET ASSETS

36,613

112,387

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

36,513

112,287

SHAREHOLDERS' FUNDS

36,613

112,387

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 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 April 2025 and were signed by:

Mr L M Ryall - Director

1.	STATUTORY INFORMATION

Ryall Structural Engineers Limited 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Software is being amortised evenly over its estimated useful life of four years.

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

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 NIL (2023 - NIL).

4.	INTANGIBLE FIXED ASSETS

Software

£

COST

At 1 January 2024

and 31 December 2024

9,540

AMORTISATION

At 1 January 2024

4,035

Amortisation for year

2,385

At 31 December 2024

6,420

NET BOOK VALUE

At 31 December 2024

3,120

At 31 December 2023

5,505

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

182

2,704

27,003

7,886

37,775

Additions

-

1,055

-

1,946

3,001

At 31 December 2024

182

3,759

27,003

9,832

40,776

DEPRECIATION

At 1 January 2024

65

434

6,751

3,598

10,848

Charge for year

23

499

5,063

2,456

8,041

At 31 December 2024

88

933

11,814

6,054

18,889

NET BOOK VALUE

At 31 December 2024

94

2,826

15,189

3,778

21,887

At 31 December 2023

117

2,270

20,252

4,288

26,927

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

12,126

22,531

Directors' current accounts

65,457

54,963

Prepayments

2,017

2,222

79,600

79,716

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

2,223

1,350

Tax

45,943

23,962

VAT

25,155

11,804

Accrued expenses

1,927

1,927

75,248

39,043

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

Mr L M Ryall

Balance outstanding at start of year

54,963

3,051

Amounts advanced

213,182

168,054

Amounts repaid

(202,688

)

(116,142

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

65,457

54,963

Loans are unsecured, repayable on demand with interest at 2%.

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £84,400 (2023 - £37,400) were paid to the director .