2023-09-012024-08-312024-08-31false09734008RYDER RICHARDSON 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RYDER RICHARDSON LTD

Registered Number
09734008
(England and Wales)

Unaudited Financial Statements for the Year ended
31 August 2024

RYDER RICHARDSON LTD
Company Information
for the year from 1 September 2023 to 31 August 2024

Directors

RYDER RICHARDSON, Jonathan Charles
RYDER RICHARDSON, Tracy Elaine

Registered Address

Scharlings
Fielden Road
Crowborough
TN6 1TP

Registered Number

09734008 (England and Wales)
RYDER RICHARDSON LTD
Balance Sheet as at
31 August 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets3916,864915,527
916,864915,527
Current assets
Debtors18,13922,615
Cash at bank and on hand9,2452,855
27,38425,470
Creditors amounts falling due within one year4(3,110)(2,884)
Net current assets (liabilities)24,27422,586
Total assets less current liabilities941,138938,113
Creditors amounts falling due after one year5(832,759)(828,880)
Provisions for liabilities6(34,550)(34,550)
Net assets73,82974,683
Capital and reserves
Called up share capital22
Profit and loss account73,82774,681
Shareholders' funds73,82974,683
The financial statements were approved and authorised for issue by the Board of Directors on 14 April 2025, and are signed on its behalf by:
RYDER RICHARDSON, Tracy Elaine
Director
Registered Company No. 09734008
RYDER RICHARDSON LTD
Notes to the Financial Statements
for the year ended 31 August 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
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.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Deferred tax
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.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Stocks and work in progress
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20242023
Average number of employees during the year11
3.Tangible fixed assets

Land & buildings

Fixtures & fittings

Office Equipment

Total

££££
Cost or valuation
At 01 September 23915,0001,144599916,743
Additions-3041,3201,624
At 31 August 24915,0001,4481,919918,367
Depreciation and impairment
At 01 September 23-6175991,216
Charge for year-21473287
At 31 August 24-8316721,503
Net book value
At 31 August 24915,0006171,247916,864
At 31 August 23915,000527-915,527
The properties have been revalued to represent what the directors consider to be fair value.
4.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables479254
Other creditors2,3692,369
Accrued liabilities and deferred income262261
Total3,1102,884
5.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts832,759828,880
Total832,759828,880
The bank loans are secured by fixed charge over the company's properties.
6.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)34,55034,550
Total34,55034,550