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Registration number: 08888912

Ryzex Limited

Annual Report and Unaudited Financial Statements

for the year ended 31 January 2026

 

Ryzex Limited

Contents

Accountants' Report

1

Statement of Financial Position

2 to 3

Notes to the Unaudited Financial Statements

4 to 7

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Ryzex Limited
for the year ended 31 January 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Ryzex Limited for the year ended 31 January 2026 as set out on pages 2 to 7 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Ryzex Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Ryzex Limited and state those matters that we have agreed to state to the Board of Directors of Ryzex Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ryzex Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Ryzex Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Ryzex Limited. You consider that Ryzex Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Ryzex Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Streets (West Sussex) Limited
Wiston House
1 Wiston Avenue
Worthing
West Sussex
BN14 7QL

6 October 2026

 

Ryzex Limited

(Registration number: 08888912)
Statement of Financial Position
31 January 2026

Note

2026
£

2025
£

Fixed assets

 

Tangible assets

4

4,171

3,998

Investment property

5

500,000

600,000

 

504,171

603,998

Current assets

 

Debtors

6

131

116

Cash at bank and in hand

 

44,292

31,695

 

44,423

31,811

Creditors: Amounts falling due within one year

7

(15,268)

(13,107)

Net current assets

 

29,155

18,704

Net assets

 

533,326

622,702

Capital and reserves

 

Called up share capital

2

2

Revaluation reserve

58,443

158,443

Retained earnings

474,881

464,257

Shareholders' funds

 

533,326

622,702

For the financial year ending 31 January 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; and

•

The directors acknowledge their responsibilities for complying with the requirements of the Act 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. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

 

Ryzex Limited

(Registration number: 08888912)
Statement of Financial Position
31 January 2026

Approved and authorised by the Board on 6 October 2026 and signed on its behalf by:
 

.........................................
J E Davey
Director

.........................................
J S Davey
Director

 

Ryzex Limited

Notes to the Unaudited Financial Statements
for the year ended 31 January 2026

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Wiston House
1 Wiston Avenue
Worthing
West Sussex
BN14 7QL
United Kingdom

These financial statements were authorised for issue by the Board on 6 October 2026.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss.

 

Ryzex Limited

Notes to the Unaudited Financial Statements
for the year ended 31 January 2026

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and fittings

15% reducing balance

Office equipment

over 5 years

Computer equipment

over 2 years

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2025 - 2).

 

Ryzex Limited

Notes to the Unaudited Financial Statements
for the year ended 31 January 2026

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 February 2025

21,075

21,075

Additions

1,241

1,241

At 31 January 2026

22,316

22,316

Depreciation

At 1 February 2025

17,077

17,077

Charge for the year

1,068

1,068

At 31 January 2026

18,145

18,145

Carrying amount

At 31 January 2026

4,171

4,171

At 31 January 2025

3,998

3,998

5

Investment properties

2026
£

At 1 February

600,000

Fair value adjustments

(100,000)

At 31 January

500,000

6

Debtors

Current

2026
£

2025
£

Prepayments

131

116

 

131

116

 

Ryzex Limited

Notes to the Unaudited Financial Statements
for the year ended 31 January 2026

7

Creditors

Creditors: amounts falling due within one year

2026
£

2025
£

Due within one year

Taxation and social security

2,452

339

Accruals and deferred income

816

768

Other creditors

12,000

12,000

15,268

13,107