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REGISTERED NUMBER: 01223273 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

RYLAND DICKSON LIMITED

RYLAND DICKSON LIMITED (REGISTERED NUMBER: 01223273)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 November 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


RYLAND DICKSON LIMITED

COMPANY INFORMATION
for the year ended 30 November 2024







DIRECTORS: V E Greenlees
J R S Greenlees





SECRETARY: J R S Greenlees





REGISTERED OFFICE: Woodside House
218 London Road
Leicester
LE2 1NE





REGISTERED NUMBER: 01223273 (England and Wales)





ACCOUNTANTS: Magma Audit LLP
Unit 2 Charnwood Edge Business Park
Syston Road, Leicester
LE7 4UZ
Magma Audit LLP is part
Of the Dains Group

RYLAND DICKSON LIMITED (REGISTERED NUMBER: 01223273)

BALANCE SHEET
30 November 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 - -
Investments 5 19,871 19,871
Investment property 6 1,500,000 1,500,000
1,519,871 1,519,871

CURRENT ASSETS
Debtors 7 216,664 61,950
Cash at bank 20,435 212,452
237,099 274,402
CREDITORS
Amounts falling due within one year 8 (248,551 ) (284,649 )
NET CURRENT LIABILITIES (11,452 ) (10,247 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,508,419

1,509,624

PROVISIONS FOR LIABILITIES (80,855 ) (80,855 )
NET ASSETS 1,427,564 1,428,769

CAPITAL AND RESERVES
Called up share capital 27,977 27,977
Capital redemption reserve 9 15,390 15,390
Retained earnings 9 1,384,197 1,385,402
1,427,564 1,428,769

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 August 2025 and were signed on its behalf by:



J R S Greenlees - Director


RYLAND DICKSON LIMITED (REGISTERED NUMBER: 01223273)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 November 2024


1. STATUTORY INFORMATION

Ryland Dickson Limited is a limited company, registered in England and Wales. Its registered office address is and the Woodside House, 218 London Road, Leicester, LE2 1NE registered number is 01223273.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the requirements of the Companies Act 2006. The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value.

Basis of Preparation
The presentation currency of the financial statements is pound sterling (£) and figures are rounded to the nearest £1.

Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

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

Rental income
Rental income is recognised in the accounts on an accruals basis and in relation to the period in which it relates.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Computer equipment-Over 3 years straight line

Investments in subsidiaries
Investment in the subsidiaries are held at cost less accumulated impairment losses.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
(i) Financial assets

Basic financial assets, including trade and other debtors, cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest rate method.

(ii) Financial liabilities

Basic financial liabilities, including trade and other creditors are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate.


RYLAND DICKSON LIMITED (REGISTERED NUMBER: 01223273)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 November 2024


2. ACCOUNTING POLICIES - continued
Taxation
The tax expense for the year comprises current and deferred tax.

Tax is recognised in profit or loss except that a change attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet date, except that:
- The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
- Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Both current and deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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.

Consolidation
The company and its subsidiaries form a small group. The company is therefore not required to produce consolidated financial statements and has not done so. These financial statements present information about the company as a single entity.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 December 2023
and 30 November 2024 2,447
DEPRECIATION
At 1 December 2023
and 30 November 2024 2,447
NET BOOK VALUE
At 30 November 2024 -
At 30 November 2023 -

RYLAND DICKSON LIMITED (REGISTERED NUMBER: 01223273)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 November 2024


5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 December 2023
and 30 November 2024 1,143,466
PROVISIONS
At 1 December 2023
and 30 November 2024 1,123,595
NET BOOK VALUE
At 30 November 2024 19,871
At 30 November 2023 19,871

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2023
and 30 November 2024 1,500,000
NET BOOK VALUE
At 30 November 2024 1,500,000
At 30 November 2023 1,500,000

If investment property had not been revalued it would have been included at historical cost of £548,490. The directors consider that the amounts included in the accounts is representative of the property's value at the year end.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 216,664 -
Other debtors - 61,950
216,664 61,950

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 235,550 279,539
Tax 2,531 60
Other creditors - 1,173
Accruals and deferred income 10,470 3,877
248,551 284,649

9. RESERVES

Included in retained earnings are £898,510 of non-distributable reserves.

RYLAND DICKSON LIMITED (REGISTERED NUMBER: 01223273)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 November 2024


10. RELATED PARTY TRANSACTIONS

The company has taken advantage of the exemption provided in FRS 102 Section 1A from disclosing transactions with members of the same group that are wholly owned.