REGISTERED NUMBER: 02574855 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

RYAN CONSTRUCTION LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

110,732

87,156

Investment property

5

340,000

340,000

450,732

427,156

CURRENT ASSETS

Debtors

6

389,976

372,424

Cash at bank

1,200,060

1,242,432

1,590,036

1,614,856

CREDITORS

Amounts falling due within one year

7

72,463

100,280

NET CURRENT ASSETS

1,517,573

1,514,576

TOTAL ASSETS LESS CURRENT LIABILITIES

1,968,305

1,941,732

PROVISIONS FOR LIABILITIES

13,500

8,500

NET ASSETS

1,954,805

1,933,232

CAPITAL AND RESERVES

Called up share capital

50,000

50,000

Retained earnings

1,904,805

1,883,232

SHAREHOLDERS' FUNDS

1,954,805

1,933,232

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 December 2025 and were signed by:

A V Lavrenko - Director

1.	STATUTORY INFORMATION

Ryan Construction Limited is a private company, limited by shares, registered in England and Wales, registered number 02574855. Its registered office is Admiral House, Waterfront East, Brierley Hill, West Midlands, DY5 1XG.

The financial statements are presented in Sterling, which is the functional currency of the company.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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 historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Investment property

Investment properties are included in the balance sheet at their open market value. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years.

Although this accounting policy is in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland, it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the directors compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified.

Financial instruments

Basic financial liabilities, including trade and other debtors, bank loans and other loans 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 receipts discounted at a market rate of interest.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

224,873

Additions

53,500

Disposals

(54,400

)

At 31 March 2025

223,973

DEPRECIATION

At 1 April 2024

137,717

Charge for year

18,957

Eliminated on disposal

(43,433

)

At 31 March 2025

113,241

NET BOOK VALUE

At 31 March 2025

110,732

At 31 March 2024

87,156

5.	INVESTMENT PROPERTY

Total

£

COST

At 1 April 2024

and 31 March 2025

340,000

NET BOOK VALUE

At 31 March 2025

340,000

At 31 March 2024

340,000

At the balance sheet date the directors were of the opinion that the investment properties had a market value equivalent to cost of £340,000 (2024 - £340,000).

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

389,976

372,424

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Taxation and social security

-

28,000

Other creditors

72,463

72,280

72,463

100,280

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

A V Lavrenko

Balance outstanding at start of year

20,000

20,000

Amounts advanced

5,000

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

25,000

20,000

M Ryan

Balance outstanding at start of year

(18,681

)

727

Amounts advanced

51,044

76,753

Amounts repaid

(47,692

)

(96,161

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(15,329

)

(18,681

)

The above amounts were unsecured, interest free and repayable on demand.

9.	RELATED PARTY DISCLOSURES

Loans were made to Gatacre Limited, a company of which M J Ryan is a director and shareholder, during the year. At the balance sheet date £250,660 (2024 - £250,108) was due from Gatacre Limited.