RYE NEWS (UK) LTD CIC

Company limited by guarantee

Company Registration Number:
09387004 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2025

Period of accounts

Start date: 1 February 2024

End date: 31 January 2025

RYE NEWS (UK) LTD CIC

Contents of the Financial Statements

for the Period Ended 31 January 2025

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

RYE NEWS (UK) LTD CIC

Balance sheet

As at 31 January 2025

Notes 2025 2024


£

£
Current assets
Debtors: 3 75
Cash at bank and in hand: 7,884 5,837
Total current assets: 7,959 5,837
Net current assets (liabilities): 7,959 5,837
Total assets less current liabilities: 7,959 5,837
Provision for liabilities: ( 452 ) ( 332 )
Accruals and deferred income: ( 1,155 ) ( 1,080 )
Total net assets (liabilities): 6,352 4,425
Members' funds
Profit and loss account: 6,352 4,425
Total members' funds: 6,352 4,425

The notes form part of these financial statements

RYE NEWS (UK) LTD CIC

Balance sheet statements

For the year ending 31 January 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 15 July 2025
and signed on behalf of the board by:

Name: S E Benn
Status: Director

The notes form part of these financial statements

RYE NEWS (UK) LTD CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

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

RYE NEWS (UK) LTD CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

RYE NEWS (UK) LTD CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

3. Debtors

2025 2024
£ £
Trade debtors 75
Total 75

COMMUNITY INTEREST ANNUAL REPORT

RYE NEWS (UK) LTD CIC

Company Number: 09387004 (England and Wales)

Year Ending: 31 January 2025

Company activities and impact

In the space provided below, please insert a general account of the company’s activities in the financial year to which the report relates, including a description of how they have benefited the community. Rye News CIC has made it possible for a team of volunteers to publish Rye News online with about 20 new stories being added every week. The topics covered have been of interest to people living and visiting Rye and the surrounding villages. Our readers have been able to comment and submit stories of their own. Rye News is now an important part of the local community - encouraging engagement and participation in local activities of all kinds.

Consultation with stakeholders

The company's stakeholders arc all those living and working in Rye and the surrounding villages as well as many UK and overseas visitors. Rye News is a platform for local news and opinion, and \Ve regularly have constructive dialogue with our stakeholders. To this end we have held events to which our readers have been invited to come and meet the team of volunteers. Readers are invited to comment on all the stories we publish, and many comments are received each week and published. However, we do not publish comments that do not meet our published guidelines. These guidelines require comments to be reasonable and if possible constructive. Rye News is also active on social media with an Instagram and Facebook presence. Both have been showing increased activity over the last year.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
15 July 2025

And signed on behalf of the board by:
Name: S E Benn
Status: Director