Registration number: 7766317

Adam Ryzman Ltd

Contents

Company Information	1
Director's Report	2
Accountants' Report	3
Abridged Profit and Loss Account	4
Statement of Comprehensive Income	5
Abridged Balance Sheet	6
Statement of Changes in Equity	7
Notes to the Unaudited Abridged Financial Statements	8 to 11
iXBRL Detailed Profit and Loss Account	12

Adam Ryzman Ltd

Company Information

Director

Adam Ryzman

Registered office

60 Ballance Road London E9 5SR

Accountants

Simon Kingsley 58 Montague Road Hackney London E8 2HW

Adam Ryzman Ltd

Director's Report for the Year Ended 30 September 2024

The report and the abridged financial statements for the year ended 30 September 2024.

Director of the company

The director who held office during the year was as follows:

Adam Ryzman

Principal activity

The principal activity of the company is film and vidoe production

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 15 January 2025
 

......................................... Adam Ryzman Director

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Adam Ryzman Ltd
for the Year Ended 30 September 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Adam Ryzman Ltd for the year ended 30 September 2024 as set out on pages 4 to 11 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Adam Ryzman Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Adam Ryzman Ltd and state those matters that we have agreed to state to the Board of Directors of Adam Ryzman Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Adam Ryzman Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Adam Ryzman Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Adam Ryzman Ltd. You consider that Adam Ryzman Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Adam Ryzman Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Simon Kingsley
58 Montague Road
Hackney
London
E8 2HW

15 January 2025

Adam Ryzman Ltd

Abridged Profit and Loss Account for the Year Ended 30 September 2024

	Note	2024 £	2023 £
Gross profit		31,125	23,290
Administrative expenses		(16,259)	(9,239)
Profit before tax	4	14,866	14,051
Tax on profit		(2,800)	(2,670)
Profit for the financial year		12,066	11,381

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

Adam Ryzman Ltd

Statement of Comprehensive Income for the Year Ended 30 September 2024

	2024 £	2023 £
Profit for the year	12,066	11,381
Total comprehensive income for the year	12,066	11,381

Adam Ryzman Ltd

(Registration number: 7766317)
Abridged Balance Sheet as at 30 September 2024

	Note	2024 £	2023 £
Current assets
Cash at bank and in hand		55	40
Creditors: Amounts falling due within one year		(2,803)	(2,754)
Net liabilities		(2,748)	(2,714)
Capital and reserves
Called up share capital	7	1	1
Retained earnings		(2,749)	(2,715)
Shareholders' deficit		(2,748)	(2,714)

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the director on 15 January 2025
 

.........................................

Adam Ryzman

Director

Adam Ryzman Ltd

Statement of Changes in Equity for the Year Ended 30 September 2024

	Share capital £	Retained earnings £	Total £
At 1 October 2023	1	(2,715)	(2,714)
Profit for the year	-	12,066	12,066
Dividends	-	(12,100)	(12,100)
At 30 September 2024	1	(2,749)	(2,748)

	Share capital £	Retained earnings £	Total £
At 1 October 2022	1	(8,896)	(8,895)
Profit for the year	-	11,381	11,381
Dividends	-	(5,200)	(5,200)
At 30 September 2023	1	(2,715)	(2,714)

Adam Ryzman Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
60 Ballance Road
London
E9 5SR

These financial statements were authorised for issue by the director on 15 January 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Adam Ryzman Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office Equipment	33% on a written down basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4	Profit before tax

Arrived at after charging/(crediting)

Adam Ryzman Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

2024 £

2023 £

5	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 October 2023	8,014	8,014
At 30 September 2024	8,014	8,014
Depreciation
At 1 October 2023	8,014	8,014
At 30 September 2024	8,014	8,014
Carrying amount
At 30 September 2024	-	-

6

Debtors

Debtors includes £Nil (2023 - £Nil) due after more than one year.

7	Share capital

8

Dividends

Interim dividends paid

		2024 £		2023 £
Interim dividend of £12,100.00 (2023 - £5,200.00) per each Ordinary		12,100		5,200

9	Related party transactions

Adam Ryzman Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

Director's remuneration

The director's remuneration for the year was as follows:

	2024 £	2023 £
Remuneration	11,254	7,657

Adam Ryzman Ltd

iXBRL Detailed Profit and Loss Account for the Year Ended 30 September 2024

	2024 £	2023 £
Turnover/revenue	31,125	23,290
Cost of sales
Opening stock/inventories	-	-
Closing stock/inventories	-	-
Gross profit	31,125	23,290
Distribution costs
Administrative expenses
Audit and accountancy other services	(390)	(430)
Salaries and fees, directors	(11,254)	(7,657)
Bank charges	(88)	(96)
Other costs	(4,527)	(1,056)
Other operating income
Other items
Profit on ordinary activities before taxation	14,866	14,051
Tax on profit or loss on ordinary activities	(2,800)	(2,670)
Profit for the financial year	12,066	11,381