Ryco Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01087581 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

RYCO LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S D Lang

REGISTERED OFFICE:

7 Georgian Way

Miskin

Pontyclun

CF72 8SG

REGISTERED NUMBER:

01087581 (England and Wales)

ACCOUNTANTS:

Baker Knoyle Chartered Accountants

Orbit Business Centre

Merthyr Tydfil

CF48 1DL

FIXED ASSETS

Tangible assets

4

1,984,514

1,927,071

CURRENT ASSETS

Investments

5

61,500

58,833

Cash at bank

181,326

169,573

242,826

228,406

CREDITORS

Amounts falling due within one year

6

8,359

13,298

NET CURRENT ASSETS

234,467

215,108

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,218,981

2,142,179

PROVISIONS FOR LIABILITIES

211,724

200,550

NET ASSETS

2,007,257

1,941,629

CAPITAL AND RESERVES

Called up share capital

75

Fair Value Reserve

7

846,900

802,204

Capital redemption reserve

7

25

Retained earnings

7

1,160,257

1,139,325

SHAREHOLDERS' FUNDS

2,007,257

1,941,629

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 17 July 2026 and were signed by:

S D Lang - Director

1.	STATUTORY INFORMATION

Ryco Limited 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.

Tangible fixed assets

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

Fixtures and fittings

-

10% on reducing balance

Taxation

Taxation for the year 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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Investments

Current asset investments are at the lower of cost and net realisable value. Investment Property is valued at open market value. The properties were purchased in March 2000, October 2000, March 2001, February 2003, August 2005, October 2009 and most recently in April 2015 and the costs represent the open market value. No depreciation is charged on investment properties as they are included at open market value. Initial revaluations were carried out by T L Davies ANAEA on 20th February 2003. A second revaluation was undertaken on the 11th July 2014 and was carried out by Nicholas Michael estate agents. The House price index has been used since 11 July 2014 to provide an up to date valuation on all properties as at 31 March 2017, 31 March 2018, 31 March 2019, 31 March 2020, 31 March 2021, 31 March 2022, 31 March 2023, 31 March 2024, 31 March 2025 and at 31 March 2026..

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

COST OR VALUATION

At 1 April 2025

1,926,539

4,520

-

1,931,059

Additions

-

1,830

Revaluations

55,869

-

55,869

At 31 March 2026

1,982,408

4,520

1,830

1,988,758

DEPRECIATION

At 1 April 2025

-

3,988

-

3,988

Charge for year

-

53

203

256

At 31 March 2026

-

4,041

203

4,244

NET BOOK VALUE

At 31 March 2026

1,982,408

479

1,627

1,984,514

At 31 March 2025

1,926,539

532

-

1,927,071

The freehold property figure consists of properties that were revalued in 2003 , 2014, 2017, 2018 , 2019 , 2020, 2021, 2022, 2023, 2024, 2025 and most recently in 2026.

Cost or valuation at 31 March 2026 is represented by:

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

Valuation in 2020

488,985

-

488,985

Valuation in 2021

155,405

-

155,405

Valuation in 2022

183,476

-

183,476

Valuation in 2023

84,079

-

84,079

Valuation in 2024

23,864

-

23,864

Valuation in 2025

66,945

-

66,945

Valuation in 2026

55,869

-

55,869

Cost

923,785

4,520

1,830

930,135

1,982,408

4,520

1,830

1,988,758

5.	CURRENT ASSET INVESTMENTS

2026

2025

£

Unit Trust

61,500

58,833

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Taxation and social security

6,199

11,198

Other creditors

2,160

2,100

8,359

13,298

7.

RESERVES

Fair

Capital

Retained

Value

redemption

earnings

Reserve

reserve

Totals

£

At 1 April 2025

1,139,325

802,204

25

1,941,554

Profit for the year

72,628

Dividends

(7,000

)

(7,000

)

Deferred tax

11,174

(11,174

)

-

Fair value gain/loss

(55,870

)

55,870

-

At 31 March 2026

1,160,257

846,900

25

2,007,182

8.	CONTROLLING PARTY

The controlling party is S D Lang.