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REGISTERED NUMBER: 09718017 (England and Wales)















Ryan Jones Group Limited

Unaudited Financial Statements

for the Year Ended 30 September 2024






Ryan Jones Group Limited (Registered number: 09718017)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Ryan Jones Group Limited

Company Information
for the Year Ended 30 September 2024







DIRECTOR: R H Jones





SECRETARY: R H Jones





REGISTERED OFFICE: Garth Isaf Farm
Efail Isaf
Pontypridd
CF38 1SN





REGISTERED NUMBER: 09718017 (England and Wales)





ACCOUNTANTS: Xeinadin South Wales & West Limited
Accountants & Business Advisors
Suite 2d,
Building 1 Eastern Business Park
St Mellons
Cardiff
CF3 5EA

Ryan Jones Group Limited (Registered number: 09718017)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 2,360,257 1,593,755
Investments 5 3 3
2,360,260 1,593,758

CURRENT ASSETS
Debtors 6 1,065,697 1,887,562
Cash at bank 2,459,438 1,381,777
3,525,135 3,269,339
CREDITORS
Amounts falling due within one year 7 648,810 565,738
NET CURRENT ASSETS 2,876,325 2,703,601
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,236,585

4,297,359

CREDITORS
Amounts falling due after more than one year 8 (423,332 ) (130,932 )

PROVISIONS FOR LIABILITIES 10 (1,270,008 ) (961,890 )
NET ASSETS 3,543,245 3,204,537

CAPITAL AND RESERVES
Called up share capital 630,002 630,002
Retained earnings 2,913,243 2,574,535
SHAREHOLDERS' FUNDS 3,543,245 3,204,537

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 June 2025 and were signed by:





R H Jones - Director


Ryan Jones Group Limited (Registered number: 09718017)

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

1. STATUTORY INFORMATION

Ryan Jones Group 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Preparation of consolidated financial statements
The financial statements contain information about Ryan Jones Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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

Turnover represents net invoiced sales of plant hire, excluding value added tax.
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 the work performed to date to the estimated contract costs.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Freehold property - 15% on cost
Plant and machinery - 15% on cost
Fixtures and fittings - 15% on cost
Motor vehicles - 20% on cost
Computer equipment - 33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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

Ryan Jones Group Limited (Registered number: 09718017)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Exceptional items
The company has recognised costs during the accounting period that fall within the ordinary activities of the company but are disclosed due to their material size of incidence. Exceptional items are presented within Administrative Expenses on the face of the Income Statement.
The company has recognised £100,000 in relation to dilapidation works required to be carried out to the property as a result of a past event.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 October 2023 997,594 889,868 28,507
Additions - 829,614 -
Disposals - - -
At 30 September 2024 997,594 1,719,482 28,507
DEPRECIATION
At 1 October 2023 104,216 476,879 10,507
Charge for year 68,918 152,468 2,700
Eliminated on disposal - - -
At 30 September 2024 173,134 629,347 13,207
NET BOOK VALUE
At 30 September 2024 824,460 1,090,135 15,300
At 30 September 2023 893,378 412,989 18,000

Ryan Jones Group Limited (Registered number: 09718017)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 October 2023 812,641 36,323 2,764,933
Additions 308,599 12,000 1,150,213
Disposals (456,295 ) - (456,295 )
At 30 September 2024 664,945 48,323 3,458,851
DEPRECIATION
At 1 October 2023 544,979 34,597 1,171,178
Charge for year 127,331 4,810 356,227
Eliminated on disposal (428,811 ) - (428,811 )
At 30 September 2024 243,499 39,407 1,098,594
NET BOOK VALUE
At 30 September 2024 421,446 8,916 2,360,257
At 30 September 2023 267,662 1,726 1,593,755

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 October 2023 232,800 260,000 492,800
Additions 695,000 285,600 980,600
Transfer to ownership (52,800 ) - (52,800 )
At 30 September 2024 875,000 545,600 1,420,600
DEPRECIATION
At 1 October 2023 38,858 130,000 168,858
Charge for year 71,000 56,760 127,760
Transfer to ownership (16,486 ) - (16,486 )
At 30 September 2024 93,372 186,760 280,132
NET BOOK VALUE
At 30 September 2024 781,628 358,840 1,140,468
At 30 September 2023 193,942 130,000 323,942

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 October 2023
and 30 September 2024 3
NET BOOK VALUE
At 30 September 2024 3
At 30 September 2023 3

Ryan Jones Group Limited (Registered number: 09718017)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 20,255 140,296
Amounts owed by group undertakings 809,117 1,520,626
Other debtors 236,325 226,640
1,065,697 1,887,562

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Hire purchase contracts 418,891 156,820
Trade creditors 20,019 67,307
Taxation and social security 275 26,658
Other creditors 209,625 314,953
648,810 565,738

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.24 30.9.23
£    £   
Hire purchase contracts 423,332 130,932

9. SECURED DEBTS

The following secured debts are included within creditors:

30.9.24 30.9.23
£    £   
Hire purchase contracts 842,223 287,752

Hire purchase contracts are secured upon the asset to which they relate.

10. PROVISIONS FOR LIABILITIES
30.9.24 30.9.23
£    £   
Deferred tax 370,008 161,890
Other provisions 900,000 800,000
1,270,008 961,890

Deferred Other
tax provisions
£    £   
Balance at 1 October 2023 161,890 800,000
Charge to Income Statement during year 208,118 100,000
Balance at 30 September 2024 370,008 900,000

Deferred tax consists solely of accelerated capital allowances.

Other Provisions represent obligations at the reporting date that have arisen as a result of past events.
The company has not recognised a reimbursement asset in relation to the provisions for liabilities.

Ryan Jones Group Limited (Registered number: 09718017)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

11. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

The company was owed £200,732 (2023: £225,140) by a company under common control as at the balance sheet date.

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr R H Jones.