Company Registration No. 10418843 (England and Wales)
Rye Lane Store Limited
Unaudited accounts
for the year ended 31 March 2025
Rye Lane Store Limited
Unaudited accounts
Contents
Rye Lane Store Limited
Company Information
for the year ended 31 March 2025
Directors
Francis Yau Jong Yeung
Abhinav Malde
Company Number
10418843 (England and Wales)
Registered Office
293 RYE LANE
LONDON
SE15 4UA
UNITED KINGDOM
Accountants
Bromley Consultancy Ltd trading as Bromley Accounting
8 Lilah Mews
Bromley
Kent
BR2 0BZ
Rye Lane Store Limited
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
8,765
21,956
Creditors: amounts falling due within one year
(2,809)
(951)
Net current assets
33,486
28,536
Total assets less current liabilities
34,659
28,536
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
34,435
28,535
Shareholders' funds
34,436
28,536
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 December 2025 and were signed on its behalf by
Francis Yau Jong Yeung
Director
Company Registration No. 10418843
Rye Lane Store Limited
Notes to the Accounts
for the year ended 31 March 2025
Rye Lane Store Limited is a private company, limited by shares, registered in England and Wales, registration number 10418843. The registered office is 293 RYE LANE, LONDON, SE15 4UA, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention.
The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the financial statements.
The accounts are presented in £ sterling.
Turnover represents rent and other income receivable and is recognised to the extent that it is probable that economic benefits will flow to the company. Turnover is measured at the fair value of the consideration received or receivable, excluding value added tax.
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments.
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.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.
Current and deferred tax assets and liabilities are not discounted.
Short term debtors are measured at transaction price, less any impairment.
Short term trade creditors are measured at the transaction price.
Rye Lane Store Limited
Notes to the Accounts
for the year ended 31 March 2025
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
2 years straight-line
4
Tangible fixed assets
Total
Allotted, called up and fully paid:
100 Ordinary shares of £0.01 each
1
1
6
Transactions with related parties
No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 102.
The company has taken advantage of the exemptions conferred by Financial Reporting Standard 102 section 33 and consequently has not disclosed details of transactions with fellow group entities.
The ultimate parent company is Mr Bao Holdings Limited whose place of business and registered office is 293 Rye Lane, Peckham, London, England, SE15 4UA.
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).