REGISTERED NUMBER: 04912966 (England and Wales)

RYE FOOD AND DRINK LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs G R Dalton

R E Dalton

SECRETARY:

R E Dalton

REGISTERED OFFICE:

28b High Street

Rye

East Sussex

TN31 7JG

REGISTERED NUMBER:

04912966 (England and Wales)

ACCOUNTANTS:

Busbys

Chartered Accountants

Unit 7

Pickhill Business Centre

Smallhythe Road

Tenterden

Kent

TN30 7LZ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

25,374

34,894

25,374

34,894

CURRENT ASSETS

Stocks

31,000

101,000

Debtors

6

33,756

20,136

Cash at bank and in hand

97,026

209,535

161,782

330,671

CREDITORS

Amounts falling due within one year

7

48,814

74,987

NET CURRENT ASSETS

112,968

255,684

TOTAL ASSETS LESS CURRENT LIABILITIES

138,342

290,578

CREDITORS

Amounts falling due after more than one year

8

-

(5,733

)

PROVISIONS FOR LIABILITIES

(6,344

)

(7,735

)

NET ASSETS

131,998

277,110

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

131,898

277,010

SHAREHOLDERS' FUNDS

131,998

277,110

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 20 August 2026 and were signed on its behalf by:

R E Dalton - Director

Mrs G R Dalton - Director

1.	STATUTORY INFORMATION

Rye Food and Drink 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.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax.

Goodwill

Goodwill paid in connection with the acquisition of a business in 2004 was being amortised evenly over its estimated useful life of twenty years. In anticipation of new accounting rules, the balance of goodwill at 1 October 2013 was amortised evenly over four years and has been fully amortised by 30 September 2017.

Goodwill relating to the acquisition of a new business in 2015 has been fully amortised by 31 December 2019.

Tangible fixed assets

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

Short leasehold

-

Over the term of the lease

Improvements to property

-

Over the term of the lease

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

straight line over 3 years

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 15 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

55,760

AMORTISATION

At 1 January 2025

and 31 December 2025

55,760

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

Short

to

and

leasehold

property

fittings

£

£

£

COST

At 1 January 2025

12,100

99,105

83,676

Additions

-

-

2,808

At 31 December 2025

12,100

99,105

86,484

DEPRECIATION

At 1 January 2025

12,100

91,285

57,082

Charge for year

-

7,589

4,414

At 31 December 2025

12,100

98,874

61,496

NET BOOK VALUE

At 31 December 2025

-

231

24,988

At 31 December 2024

-

7,820

26,594

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2025

7,995

3,927

206,803

Additions

-

-

2,808

At 31 December 2025

7,995

3,927

209,611

DEPRECIATION

At 1 January 2025

7,954

3,488

171,909

Charge for year

10

315

12,328

At 31 December 2025

7,964

3,803

184,237

NET BOOK VALUE

At 31 December 2025

31

124

25,374

At 31 December 2024

41

439

34,894

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Sundry debtors

33,756

20,136

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

5,733

14,000

Trade creditors

14,775

11,508

Taxation and social security

5,184

32,049

Other creditors

23,122

17,430

48,814

74,987

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

-

5,733

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.12.25

31.12.24

£

£

Within one year

43,200

43,200

Between one and five years

128,400

158,100

In more than five years

76,500

90,000

248,100

291,300

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

100

Ordinary

£1

100

100

11.	RELATED PARTY DISCLOSURES

Other creditors include a loan from the directors of £1,360 (2024 : £150).