RY 7 LIMITED


1 November 2020 false No description of principal activity Taxfiler 2022.5.1 12920434business:PrivateLimitedCompanyLtd2020-11-012021-10-31 129204342020-10-31 129204342020-11-012021-10-31 12920434business:AuditExempt-NoAccountantsReport2020-11-012021-10-31 12920434business:FullAccounts2020-11-012021-10-31 129204342021-10-31 12920434business:Director12020-11-012021-10-31 12920434business:RegisteredOffice2020-11-012021-10-31 12920434core:AfterOneYear2021-10-31 12920434core:RetainedEarningsAccumulatedLosses2021-10-31 12920434business:SmallEntities2020-11-012021-10-31 12920434countries:EnglandWales2020-11-012021-10-31 iso4217:GBP xbrli:pure
Company Registration No. 12920434 (England and Wales)
RY 7 LIMITED Unaudited accounts for the year ended 31 October 2021
RY 7 LIMITED Unaudited accounts Contents
Page
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RY 7 LIMITED Company Information for the year ended 31 October 2021
Director
Manjit Salopal
Company Number
12920434 (England and Wales)
Registered Office
1 Meadow Walk Penn High Wycombe Buckinghamshire HP10 8DG United Kingdom
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RY 7 LIMITED Statement of financial position as at 31 October 2021
2021 
Notes
£ 
Fixed assets
Investment property
410,006 
Current assets
Cash at bank and in hand
751 
Net current assets
751 
Total assets less current liabilities
410,757 
Creditors: amounts falling due after more than one year
(413,198)
Net liabilities
(2,441)
Capital and reserves
Profit and loss account
(2,441)
Shareholders' funds
(2,441)
For the year ending 31 October 2021 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 March 2022 and were signed on its behalf by
Manjit Salopal Director Company Registration No. 12920434
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RY 7 LIMITED Notes to the Accounts for the year ended 31 October 2021
1
Statutory information
RY 7 LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12920434. The registered office is 1 Meadow Walk, Penn, High Wycombe, Buckinghamshire, HP10 8DG, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2021 
£ 
Additions
410,006 
At 31 October 2021
410,006 
5
Creditors: amounts falling due after more than one year
2021 
£ 
Bank loans
295,968 
Loans from directors
117,230 
413,198 
6
Average number of employees
During the year the average number of employees was 0.
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