J. L. Rymes Ltd - Accounts

Registered Number: 07393710 J. L. Rymes Ltd
Statement of Financial Position
As at 31 March 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	425,489	436,393
		425,489	436,393
Current assets
Debtors		45,351	75,712
Cash at bank and in hand		625,965	547,420
		671,316	623,132
Creditors: amount falling due within one year		(76,930)	(53,188)
Net current assets		594,386	569,944

Total assets less current liabilities		1,019,875	1,006,337
Net assets		1,019,875	1,006,337

Capital and reserves
Called up share capital	4	100	100
Profit and loss account		1,019,775	1,006,237
Shareholders' funds		1,019,875	1,006,337

For the year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 18 September 2026 and were signed on its behalf by:

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Jason Rymes
Director

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Sarah Rymes
Director

J. L. Rymes Ltd
Notes to the Abridged Financial Statements
For the year ended 31 March 2026

General Information

J. L. Rymes Ltd is a private company, limited by shares, registered in England and Wales, registration number 07393710, registration address Suite E6, Gemini House, Hargreaves Road, Swindon, SN25 5AZ.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings	50 years Straight Line
Motor Vehicles	25% Reducing Balance
Fixtures and Fittings	25% Reducing Balance
Computer Equipment	3 years Straight Line

Investment properties

Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 2 (2025 : 2).

Tangible fixed assets

Cost or valuation	Land and Buildings	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Investment properties	Total
	£	£	£	£	£	£
At 01 April 2025	72,181	38,490	8,681	1,665	347,000	468,017
Additions	5,574	-	-	-	-	5,574
Disposals	-	-	-	-	-	-
Revaluations	-	-	-	-	(10,000)	(10,000)
At 31 March 2026	77,755	38,490	8,681	1,665	337,000	463,591
Depreciation
At 01 April 2025	4,060	22,252	4,202	1,110	-	31,624
Charge for year	1,555	3,248	1,120	555	-	6,478
On disposals	-	-	-	-	-	-
At 31 March 2026	5,615	25,500	5,322	1,665	-	38,102
Net book values
Closing balance as at 31 March 2026	72,140	12,990	3,359	-	337,000	425,489
Opening balance as at 01 April 2025	68,121	16,238	4,479	555	347,000	436,393

Share Capital

Allotted, called up and fully paid	2026 £		2025 £
100 Class A shares of £1.00 each	100		100
	100		100