Company registration number 11323452 (England and Wales)
RYDEN PROPERTY LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
RYDEN PROPERTY LTD
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 5
RYDEN PROPERTY LTD
STATEMENT OF FINANCIAL POSITION
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Non-current assets
Property, plant and equipment
4
240
3,396
Investment property
5
1,950,000
1,950,000
1,950,240
1,953,396
Current assets
Trade and other receivables
6
35,515
32,975
Cash and cash equivalents
12,445
66,170
47,960
99,145
Current liabilities
7
(2,110,598)
(2,134,959)
Net current liabilities
(2,062,638)
(2,035,814)
Net liabilities
(112,398)
(82,418)
Equity
Called up share capital
8
1,000
1,000
Retained earnings
(113,398)
(83,418)
Total equity
(112,398)
(82,418)

The director of the company has elected not to include a copy of the income statement within the financial statements.true

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 15 November 2025
Shagan Soni
Director
Company registration number 11323452 (England and Wales)
RYDEN PROPERTY LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information

Ryden Property Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 5th Floor, 3 Dorset Rise, London, EC4Y 8EN. The business address is 40 South Audley Street, London, W1 K 2 PR.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include include investment properties at fair value. The principal accounting policies adopted are set out below.

1.2
Going concern

At 31 March 202 5 the company had net liabilities of £1 12,398. Notwithstanding this, the director ha s reviewed the company’s profit forecasts and financing facilities and at the time of approving the financial statements, he has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director ha s adopted the going concern basis of accounting in preparing the financial statements.

1.3
Revenue

Revenue represents gross receipts from rental income received from the investment property. Rental income is recognised when a right to consideration arises.

1.4
Property, plant and equipment

Property, plant and equipment are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
20% straight line basis

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less.

RYDEN PROPERTY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 3 -
1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including trade and other payables, loans from fellow group companies and preference shares that are classified as debt, 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 paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

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

Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.8
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

RYDEN PROPERTY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
2
Judgements and key sources of estimation uncertainty
(Continued)
- 4 -
Key sources of estimation uncertainty

The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are as follows.

Valuation of investment property

The company carries its investment property at fair value, with changes in fair value being recognised through profit or loss. The investment property is stated at an independent surveyor's valuation of £1,9 5 0,000 on an open market basis. There is an inevitable degree of judgement involved and value can only ultimately be reliably tested in the market itself.

3
Employees

The company had no employees during the current or prior years.

4
Property, plant and equipment
Plant and machinery etc
£
Cost
At 1 April 2024 and 31 March 2025
45,173
Depreciation and impairment
At 1 April 2024
41,777
Depreciation charged in the year
3,156
At 31 March 2025
44,933
Carrying amount
At 31 March 2025
240
At 31 March 2024
3,396
5
Investment property
2025
£
Fair value
At 1 April 2024 and 31 March 2025
1,950,000
6
Trade and other receivables
2025
2024
Amounts falling due within one year:
£
£
Other receivables
35,515
32,975
RYDEN PROPERTY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
7
Current liabilities
2025
2024
£
£
Other payables
2,110,598
2,134,959
8
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
1,000
1,000
1,000
1,000
9
Related party transactions

Other payables include the following:

i) A director's loan of £999,000 (2024: £999,000) which is unsecured, interest free and repayable on demand.

ii) Loan from a connected company of £1,032,000 (2024: £1,032,000). The loan is repayable on demand and carries interest at 0.5% above the rate of interest incurred by the connected company from its lenders. The connected company's borrowings have been secured by way of a fixed and floating charge over the company's investment property.

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