Ryde Studios Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 14487196

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,117		-
Investments	5		231		230

			1,348		230
CURRENT ASSETS
Debtors	6	836,480		832,115
Cash at bank and in hand		256,284		3,411

		1,092,764		835,526
Creditors: Amounts Falling Due Within One Year	7	(176,656 )		(217,278 )

NET CURRENT ASSETS (LIABILITIES)			916,108		618,248

TOTAL ASSETS LESS CURRENT LIABILITIES			917,456		618,478

Creditors: Amounts Falling Due After More Than One Year	8		-		(4,642 )

NET ASSETS			917,456		613,836

CAPITAL AND RESERVES
Called up share capital	9		343		306
Share premium account			977,382		662,424
Profit and Loss Account			(60,269 )		(48,894 )

SHAREHOLDERS' FUNDS			917,456		613,836

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Ryde Studios Ltd

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Kyle Harris

Director

15/09/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Ryde Studios Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14487196 . The registered office is 5th Floor , 167-169 Great Portland Street, London, W1W 5PF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

25% Straightline

2.5. Investments

Investments in shares are included at fair value.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 January 2025	-
Additions	1,166

As at 31 December 2025	1,166

...CONTINUED

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Ryde Studios Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

Depreciation
As at 1 January 2025	-
Provided during the period	49

As at 31 December 2025	49

Net Book Value
As at 31 December 2025	1,117

As at 1 January 2025	-

5. Investments

	Subsidiaries
	£
Cost or Valuation
As at 1 January 2025	230
Additions	1

As at 31 December 2025	231

Provision
As at 1 January 2025	-

As at 31 December 2025	-

Net Book Value
As at 31 December 2025	231

As at 1 January 2025	230

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as

follows:

Ryde (Leeds) Limited, a company registered in England & Wales.

The registered office of the above entity is 5th Floor 167-169 Great Portland Street, London, England, W1W 5PF

100% of the voting rights and shares are held.

The principal activity of Ryde (Leeds) Limited is fitness facilities.

Ryde (Manchester) Limited, a company registered in England & Wales.

The registered office of the above entity is 5th Floor 167-169 Great Portland Street, London, England, W1W 5PF

100% of the voting rights and shares are held.

The principal activity of Ryde (Manchester) Limited is fitness facilities.

Ryde (Liverpool) Studio Limited, a company registered in England & Wales.

The registered office of the above entity is 5th Floor 167-169 Great Portland Street, London, England, W1W 5PF

100% of the voting rights and shares are held.

The principal activity of Ryde (Liverpool) Studio Limited is fitness facilities.

6. Debtors

	2025	2024
	£	£
Due within one year
VAT	-	673
Amounts owed by group undertakings	836,480	831,442

	836,480	832,115

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Ryde Studios Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	2,780	4,111
Other loans	6,463	100,000
Other taxes and social security	3	38
VAT	21,862	-
Other creditors	37	73
Accruals and deferred income	10,383	1,333
Directors' loan accounts	63	-
Amounts owed to group undertakings	135,065	111,723

	176,656	217,278

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Other loans	-	4,642

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	343	306

Allotted, called up and fully paid:

342,668 Ordinary shares of £0.001 each

10. Related Party Transactions

Included in other loans is a loan made to Ryde Studios from a shareholder and Director of the company.

Interest is accrued at the rate of 10% p.a and due to be paid January 2026.

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