Registered number
01513550
Rymo Limited
Unaudited Filleted Accounts
31 March 2025
Rymo Limited
Registered number: 01513550
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Current assets
Debtors 3 111,398 121,398
Net current assets 111,398 121,398
Net assets 111,398 121,398
Capital and reserves
Allotted called up and fully paid share capital 8 8
Profit and loss account 111,390 121,390
Shareholder's funds 111,398 121,398
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
M H Overend
Director
Approved by the board on 16 April 2025
Rymo Limited
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Investment properties
Properties held for investment purposes are included in the balance sheet at their open market value. Depreciation is not charged on investment properties.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 1 1
3 Debtors 2025 2024
£ £
Other debtors 111,398 121,398
4 Related party transactions
The company has made loans to Irondane Limited. Mrs M Overend is a shareholder and Mr M H Overend is director and shareholder of Irondane Limited.

At 31 March 2024 Irondane Limited owed the company £121,398. No interest has been charged on this loan which is repayable on demand and was included in creditors due within one year. In March 2025 a dividend of £10,000 (2024: £10,000) was declared by the company to be paid on its behalf by Irondane Limited reducing the loan to £111,398 (2024: £121,398).
5 Other information
Rymo Limited is a private company limited by shares and incorporated in England. Its registered office is:
17 St. Philips Drive
Burley In Wharfedale
Ilkley
West Yorkshire
LS29 7EN
Rymo Limited 01513550 false 2024-04-01 2025-03-31 2025-03-31 VT Final Accounts July 2024 M H Overend No description of principal activity 01513550 2023-04-01 2024-03-31 01513550 core:ShareCapital 2024-03-31 01513550 core:RetainedEarningsAccumulatedLosses 2024-03-31 01513550 2024-04-01 2025-03-31 01513550 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 01513550 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 01513550 bus:Director40 2024-04-01 2025-03-31 01513550 1 2024-04-01 2025-03-31 01513550 2 2024-04-01 2025-03-31 01513550 countries:England 2024-04-01 2025-03-31 01513550 bus:FRS102 2024-04-01 2025-03-31 01513550 bus:FilletedAccounts 2024-04-01 2025-03-31 01513550 2025-03-31 01513550 core:ShareCapital 2025-03-31 01513550 core:RetainedEarningsAccumulatedLosses 2025-03-31 01513550 2024-03-31 iso4217:GBP xbrli:pure