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REGISTERED NUMBER: 01087581 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

RYCO LIMITED

RYCO LIMITED (REGISTERED NUMBER: 01087581)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RYCO LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTOR: S D Lang





REGISTERED OFFICE: 7 Georgian Way
Miskin
Pontyclun
CF72 8SG





REGISTERED NUMBER: 01087581 (England and Wales)





ACCOUNTANTS: Baker Knoyle Chartered Accountants
Orbit Business Centre
Merthyr Tydfil
CF48 1DL

RYCO LIMITED (REGISTERED NUMBER: 01087581)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,927,071 1,860,184

CURRENT ASSETS
Debtors 5 - 825
Investments 6 58,833 56,551
Cash at bank 169,573 132,361
228,406 189,737
CREDITORS
Amounts falling due within one year 7 13,298 9,731
NET CURRENT ASSETS 215,108 180,006
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,142,179

2,040,190

PROVISIONS FOR LIABILITIES 200,550 187,161
NET ASSETS 1,941,629 1,853,029

CAPITAL AND RESERVES
Called up share capital 75 75
Fair Value Reserve 8 802,204 748,648
Capital redemption reserve 8 25 25
Retained earnings 8 1,139,325 1,104,281
SHAREHOLDERS' FUNDS 1,941,629 1,853,029

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

RYCO LIMITED (REGISTERED NUMBER: 01087581)

BALANCE SHEET - continued
31 MARCH 2025


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 22 July 2025 and were signed by:





S D Lang - Director


RYCO LIMITED (REGISTERED NUMBER: 01087581)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Ryco 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.

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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 10% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Investments
Current asset investments are at the lower of cost and net realisable value. Investment Property is valued at open market value. The properties were purchased in March 2000, October 2000, March 2001, February 2003, August 2005, October 2009 and most recently in April 2015 and the costs represent the open market value. No depreciation is charged on investment properties as they are included at open market value. Initial revaluations were carried out by T L Davies ANAEA on 20th February 2003. A second revaluation was undertaken on the 11th July 2014 and was carried out by Nicholas Michael estate agents. The House price index has been used since 11 July 2014 to provide an up to date valuation on all properties as at 31 March 2017, 31 March 2018, 31 March 2019, 31 March 2020, 31 March 2021, 31 March 2022, 31 March 2023, 31 March 2024 and at 31 March 2025..

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

RYCO LIMITED (REGISTERED NUMBER: 01087581)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST OR VALUATION
At 1 April 2024 1,859,593 4,520 1,864,113
Revaluations 66,946 - 66,946
At 31 March 2025 1,926,539 4,520 1,931,059
DEPRECIATION
At 1 April 2024 - 3,929 3,929
Charge for year - 59 59
At 31 March 2025 - 3,988 3,988
NET BOOK VALUE
At 31 March 2025 1,926,539 532 1,927,071
At 31 March 2024 1,859,593 591 1,860,184

The freehold property figure consists of properties that were revalued in 2003 , 2014, 2017, 2018 , 2019 , 2020, 2021, 2022, 2023, 2024 and most recently in 2025.

Cost or valuation at 31 March 2025 is represented by:

Fixtures
Freehold and
property fittings Totals
£    £    £   
Valuation in 2020 488,985 - 488,985
Valuation in 2021 155,405 - 155,405
Valuation in 2022 183,476 - 183,476
Valuation in 2023 84,079 - 84,079
Valuation in 2024 23,864 - 23,864
Valuation in 2025 66,945 - 66,945
Cost 923,785 4,520 928,305
1,926,539 4,520 1,931,059

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors - 825

6. CURRENT ASSET INVESTMENTS
2025 2024
£    £   
Unit Trust 58,833 56,551

RYCO LIMITED (REGISTERED NUMBER: 01087581)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Taxation and social security 11,198 7,653
Other creditors 2,100 2,078
13,298 9,731

8. RESERVES
Fair Capital
Retained Value redemption
earnings Reserve reserve Totals
£    £    £    £   

At 1 April 2024 1,104,281 748,648 25 1,852,954
Profit for the year 93,600 93,600
Dividends (5,000 ) (5,000 )
Deferred tax 13,389 (13,389 ) - -
Fair value gain/loss (66,945 ) 66,945 - -
At 31 March 2025 1,139,325 802,204 25 1,941,554

9. CONTROLLING PARTY

The controlling party is S D Lang.