REGISTERED NUMBER: 13465528 (England and Wales)

Unaudited Financial Statements

for the Period 1 July 2024 to 31 December 2025

for

Ryddid Properties Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Frank van Egmond

REGISTERED OFFICE:

01 Meadlake Place

Thorpe Lea Road

Egham

Surrey

TW20 8HE

REGISTERED NUMBER:

13465528 (England and Wales)

FIXED ASSETS

Investment property

4

545,513

240,000

CURRENT ASSETS

Debtors

5

14,200

-

Cash at bank

69,586

4,498

83,786

4,498

CREDITORS

Amounts falling due within one year

6

297,620

236,540

NET CURRENT LIABILITIES

(213,834

)

(232,042

)

TOTAL ASSETS LESS CURRENT LIABILITIES

331,679

7,958

CREDITORS

Amounts falling due after more than one year

7

(347,325

)

-

PROVISIONS FOR LIABILITIES

-

(2,927

)

NET (LIABILITIES)/ASSETS

(15,646

)

5,031

CAPITAL AND RESERVES

Called up share capital

9

100

100

Fair value reserve

10

25,232

14,216

Retained earnings

(40,978

)

(9,285

)

SHAREHOLDERS' (DEFICIT)/FUNDS

(15,646

)

5,031

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 June 2026 and were signed by:

Mr Frank van Egmond - Director

1.	STATUTORY INFORMATION

Ryddid Properties Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 as modified by the revaluation of certain assets.

Turnover

Turnover represents the fair value of rent received or receivable from the investment properties, excluding discounts, rebates, value added tax and other sales taxes.

Investment property

Investment properties that are complete and available for letting are measured at fair value at each reporting date. Changes in fair value are recognised in profit or loss in the period in which they arise. Properties that are under refurbishment or not yet capable of being let are carried at cost, as fair value cannot be reliably determined at the balance sheet date.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

Going concern

The company has net liabilities of £15,646. The accounts have been prepared on a going concern basis as the director has confirmed that he will continue to provide financial support to the company for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2024 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2024

240,000

Additions

297,425

Revaluations

8,088

At 31 December 2025

545,513

NET BOOK VALUE

At 31 December 2025

545,513

At 30 June 2024

240,000

Fair value at 31 December 2025 is represented by:

£

Valuation in 2022

17,143

Valuation in 2025

8,088

Cost

520,282

545,513

Investment property situated at 80 Valley Road, Middlesbrough, TS4 2RX is under a charge from Quantum Mortgages Limited. The charge was created on 8 October 2025.

Investment property situated at 38 Weatherhead Avenue, Middlesbrough, TS5 4JG is under a charge from Quantum Mortgages Limited. The charge was created on 8 October 2025.

Investment property situated at 46 Dean Street, Blackpool, Lancashire, FY4 1BP is under a charge from Quantum Mortgages Limited. The charge was created on 30 January 2025.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

30.6.24

£

£

Other debtors

14,200

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

30.6.24

£

£

Other creditors

297,620

236,540

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

30.6.24

£

£

Bank loans

347,325

-

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

30.6.24

£

£

Bank loans

347,325

-

The loan amounting to £86,831 is secured by the way of charge on the property situated at 80 Valley Road, Middles brough, TS4 2RX (disclosed as investment property). The charge was created in the Quantum Mortgages Limited on 8 October 2025.

The loan amounting to £86,831 is secured by the way of charge on the property situated at 38 Weatherhead Avenue, Middlesbrough, TS5 4JG (disclosed as investment property). The charge was created in the Quantum Mortgages Limited on 8 October 2025.

The loan amounting to £173,663 is secured by the way of charge on the property situated at 46 Dean Street, Blackpool, Lancashire, FY4 1BP (disclosed as investment property). The charge was created in the Quantum Mortgages Limited on 30 January 2025.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

30.6.24

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Fair

value

reserve

£

At 1 July 2024

14,216

Transfer to/from reserves

11,016

At 31 December 2025

25,232

11.	RELATED PARTY DISCLOSURES

The company owes £13,645 (2024: £754) to its director, Mr Frank Van Egmond as at accounting year end date.

The company owes £163,312 including €185,000 (2024: £126,983 including €150,000) to Ve Companies Holding B.V., a company registered in Netherlands (Company registered number: 73456586), who is also a sole shareholder of the company as at accounting year end date.

The company owes £99,753 including €113,000 (2024: £93,121 including €110,000) to F. van Egmond Beheer B.V., a company registered in Netherlands (Company registered number: 09196019) as at accounting year end date. Mr Frank Van Egmond is also a director of this company.