Ryancameron Limited - Accounts to registrar (filleted) - small 18.2

Ryancameron Limited - Accounts to registrar (filleted) - small 18.2

RYANCAMERON LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v21.1.0.652 10412898 Board of Directors 1.11.19 31.10.20 31.10.20 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure104128982019-10-31104128982020-10-31104128982019-11-012020-10-31104128982018-10-31104128982018-11-012019-10-31104128982019-10-3110412898ns16:EnglandWales2019-11-012020-10-3110412898ns15:PoundSterling2019-11-012020-10-3110412898ns11:Director12019-11-012020-10-3110412898ns11:PrivateLimitedCompanyLtd2019-11-012020-10-3110412898ns11:SmallEntities2019-11-012020-10-3110412898ns11:AuditExemptWithAccountantsReport2019-11-012020-10-3110412898ns11:SmallCompaniesRegimeForDirectorsReport2019-11-012020-10-3110412898ns11:SmallCompaniesRegimeForAccounts2019-11-012020-10-3110412898ns11:FullAccounts2019-11-012020-10-3110412898ns11:Director22019-11-012020-10-3110412898ns11:RegisteredOffice2019-11-012020-10-3110412898ns6:CurrentFinancialInstruments2020-10-3110412898ns6:CurrentFinancialInstruments2019-10-3110412898ns6:Non-currentFinancialInstruments2020-10-3110412898ns6:Non-currentFinancialInstruments2019-10-3110412898ns6:ShareCapital2020-10-3110412898ns6:ShareCapital2019-10-3110412898ns6:RetainedEarningsAccumulatedLosses2020-10-3110412898ns6:RetainedEarningsAccumulatedLosses2019-10-3110412898ns6:PlantMachinery2019-11-012020-10-3110412898ns6:FurnitureFittings2019-10-3110412898ns6:FurnitureFittings2019-11-012020-10-3110412898ns6:FurnitureFittings2020-10-3110412898ns6:FurnitureFittings2019-10-3110412898ns6:CurrentFinancialInstrumentsns6:WithinOneYear2020-10-3110412898ns6:CurrentFinancialInstrumentsns6:WithinOneYear2019-10-31
REGISTERED NUMBER: 10412898 (England and Wales)











RYANCAMERON LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 OCTOBER 2020





Berringers LLP
Chartered Accountants
Lygon House
50 London Road
Bromley
Kent
BR1 3RA








RYANCAMERON LIMITED (REGISTERED NUMBER: 10412898)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 October 2020




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4

Chartered accountants' report 7

RYANCAMERON LIMITED

COMPANY INFORMATION
for the year ended 31 October 2020







DIRECTORS: P H Gordon
Mrs F C Kelly





REGISTERED OFFICE: Lygon House
50 London Road
Bromley
Kent
BR1 3RA





REGISTERED NUMBER: 10412898 (England and Wales)





ACCOUNTANTS: Berringers LLP
Chartered Accountants
Lygon House
50 London Road
Bromley
Kent
BR1 3RA
Page 1
RYANCAMERON LIMITED (REGISTERED NUMBER: 10412898)

BALANCE SHEET
31 October 2020

2020 2019
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,094 3,640
Investment property 5 412,430 412,430
415,524 416,070

CURRENT ASSETS
Debtors 6 1,614 1,484
Cash at bank 10,486 8,143
12,100 9,627
CREDITORS
Amounts falling due within one year 7 151,249 148,816
NET CURRENT LIABILITIES (139,149 ) (139,189 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
276,375
276,881

CREDITORS
Amounts falling due after more than one year 8 293,512 293,512
NET LIABILITIES (17,137 ) (16,631 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (17,237 ) (16,731 )
SHAREHOLDERS' FUNDS (17,137 ) (16,631 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2020 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 notes form part of these financial statements

Page 2 continued...
RYANCAMERON LIMITED (REGISTERED NUMBER: 10412898)

BALANCE SHEET - continued
31 October 2020


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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2021 and were signed on its behalf by:





P H Gordon - Director


The notes form part of these financial statements

Page 3
RYANCAMERON LIMITED (REGISTERED NUMBER: 10412898)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 October 2020

1. STATUTORY INFORMATION

Ryancameron Limited 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.

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.

Turnover
Turnover represents rent receivable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on reducing balance

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 Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - NIL).

Page 4 continued...
RYANCAMERON LIMITED (REGISTERED NUMBER: 10412898)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 October 2020

4. TANGIBLE FIXED ASSETS
Furniture
& fittings
£   
COST
At 1 November 2019
and 31 October 2020 5,928
DEPRECIATION
At 1 November 2019 2,288
Charge for year 546
At 31 October 2020 2,834
NET BOOK VALUE
At 31 October 2020 3,094
At 31 October 2019 3,640

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2019
and 31 October 2020 412,430
NET BOOK VALUE
At 31 October 2020 412,430
At 31 October 2019 412,430

At the year end the investment property was valued by the directors on an open market for existing use basis which, in the opinion of the directors, is not materially different from the carrying value as shown above.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
£    £   
Other debtors 500 500
Prepayments 1,114 984
1,614 1,484

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
£    £   
Other creditors 151,249 148,816

Page 5 continued...
RYANCAMERON LIMITED (REGISTERED NUMBER: 10412898)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 October 2020

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2020 2019
£    £   
Other creditors 293,512 293,512

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Mortgage 293,512 293,512

Page 6
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
RYANCAMERON LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance sheet. Readers are cautioned that the Income statement and certain other primary statements and the Report of the directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ryancameron Limited for the year ended 31 October 2020 which comprise the Statement of income and retained earnings, Balance sheet and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

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

It is your duty to ensure that Ryancameron Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Ryancameron Limited. You consider that Ryancameron 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 financial statements of Ryancameron 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 financial statements.






Berringers LLP
Chartered Accountants
Lygon House
50 London Road
Bromley
Kent
BR1 3RA


30 June 2021

This page does not form part of the statutory financial statements

Page 7