Ryehill Sporting Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10798210

Ryehill Sporting Ltd

Filleted Unaudited Financial Statements

30 June 2025

Ryehill Sporting Ltd

Financial Statements

Year ended 30 June 2025

Contents	Pages

Balance sheet	1 to 2

Notes to the financial statements	3 to 5

Ryehill Sporting Ltd

Balance Sheet

30 June 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	6,003,648	6,076,998

Current assets

Debtors	6	28,253	101,875
Cash at bank and in hand		462	7,651
		--------	---------
		28,715	109,526

Creditors: amounts falling due within one year	7	6,550,597	8,487,269
		------------	------------
Net current liabilities		6,521,882	8,377,743
		------------	------------
Total assets less current liabilities		( 518,234)	( 2,300,745)
		---------	------------
Net liabilities		( 518,234)	( 2,300,745)
		---------	------------

Capital and reserves

Called up share capital	2,000,200	200
Profit and loss account	( 2,518,434)	( 2,300,945)
	------------	------------
Shareholders deficit	( 518,234)	( 2,300,745)
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the profit & loss account has not been delivered.

For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

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

Ryehill Sporting Ltd

Balance Sheet (continued)

30 June 2025

These financial statements were approved by the board of directors and authorised for issue on 2 October 2025 , and are signed on behalf of the board by:

Mr T A E Middleham

Director

Company registration number: 10798210

Ryehill Sporting Ltd

Notes to the Financial Statements

Year ended 30 June 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Littlehales House, Chetwynd Aston, Newport, Shropshire, TF10 9AW. The company registration number is 10798210 .

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity. Monetary amounts in these financial statements are rounded to the nearest £. At the balance sheet date, the company's liabilities exceeded its assets. The company has received assurance from the directors that they will continue to give financial support to the company for twelve months from the date of signing these financial statements. On this basis, the directors consider it appropriate to prepare the accounts on a going concern basis. However, should the financial support mentioned above not be forthcoming, the going concern basis used in preparing the company's accounts may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities which might arise. The accounts do not include any adjustment to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate.

Judgements and key sources of estimation uncertainty

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. The key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are as follows: As described in the accounting policies of the financial statements, depreciation of tangible assets has been based on estimated useful lives and residual values deemed appropriate by the directors. Estimated useful lives and residual values are reviewed annually and revised as appropriate. Revisions take in to account actual asset lives and residual values as evidenced by disposals during current and prior accounting periods.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax. Turnover in respect of service contracts is recognised when the company obtains the right to receive consideration for services provided.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	20% straight line
Fixtures and fittings	-	20% straight line
Office equipment	-	25% straight line

Land is not depreciated.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. The basic financial instruments of the company are as follows: Debtors Debtors do not carry any interest and are stated at their nominal value. Appropriate allowances for estimated irrecoverable amounts are recognised in the Profit and Loss account when there is objective evidence that the asset is impaired. Cash at bank and in hand This comprises cash at bank and in hand. Trade creditors Trade creditors are not interest bearing and are stated at their nominal value.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Tangible assets

	Freehold property	Plant and machinery	Fixtures and fittings	Office equipment	Total
	£	£	£	£	£
Cost
At 1 July 2024	5,915,743	819,374	240,319	2,126	6,977,562
Additions	–	7,768	–	–	7,768
	------------	---------	---------	-------	------------
At 30 June 2025	5,915,743	827,142	240,319	2,126	6,985,330
	------------	---------	---------	-------	------------
Depreciation
At 1 July 2024	–	727,001	171,557	2,006	900,564
Charge for the year	–	44,710	36,348	60	81,118
	------------	---------	---------	-------	------------
At 30 June 2025	–	771,711	207,905	2,066	981,682
	------------	---------	---------	-------	------------
Carrying amount
At 30 June 2025	5,915,743	55,431	32,414	60	6,003,648
	------------	---------	---------	-------	------------
At 30 June 2024	5,915,743	92,373	68,762	120	6,076,998
	------------	---------	---------	-------	------------

6. Debtors

	2025	2024
	£	£
Other debtors	28,253	101,875
	--------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	–	( 620)
Social security and other taxes	212	1,077
Other creditors	6,550,385	8,486,812
	------------	------------
	6,550,597	8,487,269
	------------	------------