REGISTERED NUMBER: 02222509 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2025

FOR

RYDER TOWING EQUIPMENT LIMITED

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

Mr D A Ryder

Mrs J Spencer

REGISTERED OFFICE:

1 Chadwick Block

Bracewell Avenue

Poulton-Le-Fylde

Lancashire

FY6 8JF

REGISTERED NUMBER:

02222509 (England and Wales)

ACCOUNTANTS:

Allens Accountants Limited

Chartered Accountants

123 Wellington Road South

Stockport

Cheshire

SK1 3TH

BANKERS:

Lloyds TSB Bank plc

King Street

Manchester

M60 2ES

FIXED ASSETS

Tangible assets

4

143,711

149,186

CURRENT ASSETS

Stocks

99,060

164,408

Debtors

5

36,532

42,306

Cash at bank

19,145

10,791

154,737

217,505

CREDITORS

Amounts falling due within one year

6

115,837

179,087

NET CURRENT ASSETS

38,900

38,418

TOTAL ASSETS LESS CURRENT LIABILITIES

182,611

187,604

CREDITORS

Amounts falling due after more than one year

7

(81,398

)

(90,175

)

PROVISIONS FOR LIABILITIES

(4,877

)

(4,747

)

NET ASSETS

96,336

92,682

CAPITAL AND RESERVES

Called up share capital

9

42,000

42,000

Retained earnings

54,336

50,682

SHAREHOLDERS' FUNDS

96,336

92,682

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15th September 2026 and were signed on its behalf by:

Mrs J Spencer - Director

1.	STATUTORY INFORMATION

Ryder Towing Equipment 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 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 etc

-

25% on cost, 15% on reducing balance and 10% to 25% on reducing balance

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 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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Hire purchase and leasing commitments

Rentals under operating leases are charged to the profit and loss account as incurred.

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 6 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1st January 2025

and 31st December 2025

115,531

140,364

255,895

DEPRECIATION

At 1st January 2025

-

106,709

106,709

Charge for year

-

5,475

5,475

At 31st December 2025

-

112,184

112,184

NET BOOK VALUE

At 31st December 2025

115,531

28,180

143,711

At 31st December 2024

115,531

33,655

149,186

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

34,491

40,337

Other debtors

2,041

1,969

36,532

42,306

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

8,776

15,904

Trade creditors

43,862

69,482

Taxation and social security

6,872

9,774

Other creditors

56,327

83,927

115,837

179,087

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

81,398

90,175

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

61,506

71,995

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

90,174

106,079

Advances from factors

18,699

34,443

108,873

140,522

Lloyds Bank Plc holds a fixed and floating charge over the freehold property and other assets of the company.

Advances from factors are secured on trade debtors and other assets of the company.

9.	CALLED UP SHARE CAPITAL

Alloted, issued and fully paid

Number

Class

Nominal

31/12/25

31/12/2024

Value

5,040

Ordinary 'A'

£1

5,040

5.040

21,420

Ordinary 'B'

£1

21,420

21,420

4,000

Ordinary 'C'

£1

4,000

13,020

9,020

Ordinary 'D'

£1

9,020

1,260

2,520

Ordinary 'E'

£1

2,520

1,260

42,000

42,000