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Ryan Andrew Ltd
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Notes to the financial statements
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for the year ended 31 May 2025
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1
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Company information
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Ryan Andrew Ltd is a private company registered in England and Wales. Its registered number is
12601124. The company is limited by shares. Its registered office is 233 FOREST RD WOODHOUSE,
LOUGHBOROUGH, LE12 8TZ.
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2
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Accounting policies
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Basis of preparing the financial statements
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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 historic cost convention.
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Presentation currency
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The company's financial statements are presented in sterling.
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Going concern
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In preparing these financial statements, the directors have assessed whether there are any material
uncertainties related to events or conditions that cast significant doubt upon the company's ability to
continue as a going concern. In making this assessment, the directors take into account all available
information about the future which is at least 12 months from the date that the financial statements are
authorised for issue.
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The directors consider that the company has adequate resources to continue in business for the
foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial
statements.
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Turnover
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Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,
rebates, Value Added Tax and other sales taxes.
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Tangible fixed assets
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Depreciation is provided at the following annual rates in order to write off each asset over its estimated
useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
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Land and buildings:
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Freehold property
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-
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Freehold property is stated at historical cost less any
impairment losses. The company does not depreciate
freehold land and buildings as it is the policy of the
directors to maintain the property in a continued state
of sound repair. Accordingly, the directors consider that
the useful economic life of the property is such that any
depreciation would be immaterial.
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3
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Average number of employees
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During the year the average number of employees was Nil (2024 - Nil).
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3
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