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Registered number: 03049177
Ryman Control Systems Limited
Unaudited Financial Statements
For The Year Ended 30 April 2025
Contents
Page
Balance Sheet 1
Notes to the Abridged Financial Statements 2—5
Page 1
Balance Sheet
Registered number: 03049177
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 324,416 356,188
324,416 356,188
CURRENT ASSETS
Stocks 5 550,318 527,556
Debtors 6 1,345,140 981,905
Cash at bank and in hand 136,263 577,333
2,031,721 2,086,794
Creditors: Amounts Falling Due Within One Year 7 (554,278 ) (594,523 )
NET CURRENT ASSETS (LIABILITIES) 1,477,443 1,492,271
TOTAL ASSETS LESS CURRENT LIABILITIES 1,801,859 1,848,459
NET ASSETS 1,801,859 1,848,459
CAPITAL AND RESERVES
Called up share capital 8 20,000 20,000
Profit and Loss Account 1,781,859 1,828,459
SHAREHOLDERS' FUNDS 1,801,859 1,848,459
For the year ending 30 April 2025 the company was entitled to exemption from audit 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account for the year end 30 April 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
S J Yetman
Director
28/08/2025
The notes on pages 2 to 5 form part of these financial statements.
Page 1
Page 2
Notes to the Abridged Financial Statements
1. General Information
Ryman Control Systems Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03049177 . The registered office is 4 Faygate Business Centre,, Faygate, Horsham, West Sussex, RH12 4DN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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 work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold Not provided for
Leasehold 10 years straight line
Plant & Machinery 25% on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment 25% on straight line
2.5. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Page 2
Page 3
2.8. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.9. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was  22 (2024: 23)
22 23
4. Tangible Assets
Land & Property
Freehold Leasehold Plant & Machinery Motor Vehicles
£ £ £ £
Cost
As at 1 May 2024 187,235 108,036 278,551 64,705
Additions - 630 - -
As at 30 April 2025 187,235 108,666 278,551 64,705
Depreciation
As at 1 May 2024 - 31,058 227,310 52,347
Provided during the period - 11,059 12,810 3,090
As at 30 April 2025 - 42,117 240,120 55,437
Net Book Value
As at 30 April 2025 187,235 66,549 38,431 9,268
As at 1 May 2024 187,235 76,978 51,241 12,358
Page 3
Page 4
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 May 2024 156,419 92,212 887,158
Additions 834 2,510 3,974
As at 30 April 2025 157,253 94,722 891,132
Depreciation
As at 1 May 2024 130,022 90,233 530,970
Provided during the period 6,808 1,979 35,746
As at 30 April 2025 136,830 92,212 566,716
Net Book Value
As at 30 April 2025 20,423 2,510 324,416
As at 1 May 2024 26,397 1,979 356,188
5. Stocks
2025 2024
£ £
Materials 403,678 322,899
Finished goods 97,324 189,938
Work in progress 49,316 14,719
550,318 527,556
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 916,911 487,710
Other debtors 336,941 494,195
Other debtors HMRC 91,288 -
1,345,140 981,905
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 342,606 333,189
Corporation tax 43,422 73,912
Other taxes and social security 16,101 13,551
Accruals and deferred income 58,619 59,920
Directors' loan accounts 93,530 113,951
554,278 594,523
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Page 5
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 20,000 20,000
Page 5