REGISTERED NUMBER: 12415064 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

RYFIELD LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

L J Ryan

A C Fielding

REGISTERED OFFICE:

15 West Street

Brighton

East Sussex

BN1 2RL

REGISTERED NUMBER:

12415064 (England and Wales)

ACCOUNTANTS:

Galloways Accounting Limited

15 West Street

Brighton

East Sussex

BN1 2RL

FIXED ASSETS

Investment property

4

1,046,560

1,190,000

CURRENT ASSETS

Debtors

5

1,485

1,420

Cash at bank

55,257

42,544

56,742

43,964

CREDITORS

Amounts falling due within one year

6

486,410

498,021

NET CURRENT LIABILITIES

(429,668

)

(454,057

)

TOTAL ASSETS LESS CURRENT LIABILITIES

616,892

735,943

CREDITORS

Amounts falling due after more than one year

7

(482,937

)

(483,003

)

PROVISIONS FOR LIABILITIES

(56,613

)

(204,638

)

NET ASSETS

77,342

48,302

CAPITAL AND RESERVES

Called up share capital

2

2

Non distribution reserve

9

169,838

166,813

Retained earnings

9

(92,498

)

(118,513

)

77,342

48,302

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 30 May 2026 and were signed on its behalf by:

L J Ryan - Director

1.	STATUTORY INFORMATION

Ryfield 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Turnover

Turnover represents the following types of income

- Rental income

- Income from the sale of properties

All income is recognised on a receivable basis.

Going concern

As stated in the accounting policy note, these financial statements have been prepared on the basis that the company will continue to be a going concern. During the year the company made a loss of £118,985, and as at the year end the current liabilities exceeded current assets by £429,668.

The validity of this basis depends upon the continued support of the company's directors. The directors confirm that they will give the required support.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2025

1,190,000

Additions

1,560

Revaluations

(145,000

)

At 31 January 2026

1,046,560

NET BOOK VALUE

At 31 January 2026

1,046,560

At 31 January 2025

1,190,000

Fair value at 31 January 2026 is represented by:

£

Valuation in 2022

79,767

Valuation in 2023

126,451

Valuation in 2024

245,000

Valuation in 2026

(143,440

)

Cost

738,782

1,046,560

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Prepayments

1,485

1,420

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Directors' loan accounts

481,268

496,072

Accruals and deferred income

2,983

-

Accrued expenses

2,159

1,949

486,410

498,021

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans more 5 yr by instal

482,937

483,003

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

482,937

483,003

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

482,937

-

There are fixed and floating charges in place over the company's assets as security in relation to the bank loans.

9.

RESERVES

Non

Retained

distribution

earnings

reserve

Totals

£

£

£

At 1 February 2025

(118,513

)

166,813

48,300

Profit for the year

29,040

29,040

Transfer between reserves

145,000

(145,000

)

-

Deferred tax

(148,025

)

148,025

-

At 31 January 2026

(92,498

)

169,838

77,340

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, L J Ryan decreased his loan to the company. As at 31 January 2026, the company owed him £319,976 (2025: £320,401). This balance represented the maximum amount outstanding during the year and the loan is interest free and repayable on demand.

During the year, A C Fielding decreased his loan to the company. As at 31 January 2026, the company owed him £161,292 (2025: £175,671). This balance represented the maximum amount outstanding during the year and the loan is interest free and repayable on demand.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is L J Ryan & A C Fielding.

This was by virtue of their 100% holding of the issued share capital.