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Registered Number: 13820163
England and Wales

 

 

 

RTYC GROUP LTD



Abridged Accounts
 


Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

RTYC GROUP LTD
Contents Page
For the year ended 31 December 2024
 
 		 Notes
 		 2024
£		   2023
£
Fixed assets      
Investments 3 284,064    284,064 
284,064    284,064 
Current assets      
Cash at bank and in hand 18,025    11,384 
Creditors: amount falling due within one year (85,249)   (84,911)
Net current assets (67,224)   (73,527)
 
Total assets less current liabilities 216,840    210,537 
Creditors: amount falling due after more than one year (202,965)   (202,965)
Net assets 13,875    7,572 
 

Capital and reserves 		     
Called up share capital 2    2 
Profit and loss account 13,873    7,570 
Shareholders' funds 13,875    7,572 
 


For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 27 August 2025 and were signed on its behalf by:


-------------------------------
Raghuveer Babu YARLAGADDA
Director
1
General Information
RTYC GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 13820163, registration address 8, Christ Church Gardens, Basingstoke, England, RG24 9QP.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.

Average number of employees

Average number of employees during the year was 0 (2023 : 0).
3.

Investments

Cost Other investments other than loans   Total
  £   £
At 01 January 2024 284,064    284,064 
Additions -    - 
Disposals -    - 
At 31 December 2024 284,064    284,064 
There is no change in investment value and Investment properties are valued annually by the directors on a fair value basis.

2