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REGISTERED NUMBER:
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UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2018 |
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FOR
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RYDER INTERNATIONAL LIMITED |
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REGISTERED NUMBER:
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UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2018 |
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FOR
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RYDER INTERNATIONAL LIMITED |
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RYDER INTERNATIONAL LIMITED (REGISTERED NUMBER: 05288599)
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CONTENTS OF THE FINANCIAL STATEMENTS
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FOR THE YEAR ENDED 31 MARCH 2018
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Page
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Company Information
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1
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Balance Sheet
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2
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Notes to the Financial Statements
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4
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RYDER INTERNATIONAL LIMITED
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COMPANY INFORMATION
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FOR THE YEAR ENDED 31 MARCH 2018
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DIRECTOR:
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REGISTERED OFFICE:
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REGISTERED NUMBER:
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ACCOUNTANTS:
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9 Portland Square
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BRISTOL
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BS2 8ST
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RYDER INTERNATIONAL LIMITED (REGISTERED NUMBER: 05288599)
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BALANCE SHEET
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31 MARCH 2018
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2018
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2017
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Notes
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£
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£
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£
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£
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FIXED ASSETS
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Tangible assets
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3
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CURRENT ASSETS
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Stocks
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4
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Debtors
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5
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Cash in hand
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CREDITORS
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Amounts falling due within one year
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6
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NET CURRENT ASSETS
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TOTAL ASSETS LESS CURRENT
LIABILITIES
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PROVISIONS FOR LIABILITIES
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NET ASSETS
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CAPITAL AND RESERVES
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Called up share capital
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7
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Retained earnings
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SHAREHOLDERS' FUNDS
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The director acknowledges his 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. |
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RYDER INTERNATIONAL LIMITED (REGISTERED NUMBER: 05288599)
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BALANCE SHEET - continued
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31 MARCH 2018
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In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
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The financial statements were approved by the director on
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RYDER INTERNATIONAL LIMITED (REGISTERED NUMBER: 05288599)
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NOTES TO THE FINANCIAL STATEMENTS
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FOR THE YEAR ENDED 31 MARCH 2018
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1.
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STATUTORY INFORMATION
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Ryder International Limited is a
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company's registered number and registered office address can be found on the Company Information page.
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2.
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ACCOUNTING POLICIES
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Basis of preparing the financial statements
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Turnover
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Turnover represents net invoiced sales of goods, excluding value added tax, and is recognised when the goods
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are physically delivered to the customer.
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Tangible fixed assets
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Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated deprecation and |
accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating |
as intended. |
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Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated |
residual value, of each asset on a systematic basis over its expected useful life as follows: |
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Improvements to property - Straight line until lease review date |
Plant and machinery - 15 % on reducing balance |
Fixtures and fittings - 25% on reducing balance |
Computer equipment - 33% on cost |
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Stocks
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Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
moving items. |
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Taxation
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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. |
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Current or deferred taxation assets and liabilities are not discounted. |
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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. |
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Deferred tax
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Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
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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. |
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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. |
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RYDER INTERNATIONAL LIMITED (REGISTERED NUMBER: 05288599)
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NOTES TO THE FINANCIAL STATEMENTS - continued
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FOR THE YEAR ENDED 31 MARCH 2018
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2.
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ACCOUNTING POLICIES - continued
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Foreign currencies
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Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the |
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at |
the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
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Pension costs and other post-retirement benefits
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The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
scheme are charged to profit or loss in the period to which they relate. |
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3.
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TANGIBLE FIXED ASSETS
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Improvements
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Fixtures
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to
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Plant and
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and
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Computer
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property
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machinery
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fittings
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equipment
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Totals
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£
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£
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£
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£
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£
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COST
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At 1 April 2017
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Additions
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At 31 March 2018
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DEPRECIATION
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At 1 April 2017
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Charge for year
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At 31 March 2018
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NET BOOK VALUE
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At 31 March 2018
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At 31 March 2017
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4.
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STOCKS
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2018
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2017
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£
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£
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Stocks
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5.
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DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
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2018
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2017
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£
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£
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Trade debtors
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Other debtors
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Director's current account
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6,128
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21,060
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S455 tax debtor
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6,415
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7,045
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Prepayments
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RYDER INTERNATIONAL LIMITED (REGISTERED NUMBER: 05288599)
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NOTES TO THE FINANCIAL STATEMENTS - continued
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FOR THE YEAR ENDED 31 MARCH 2018
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6.
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CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
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2018
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2017
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£
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£
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Bank loans and overdrafts
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Trade creditors
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Corporation tax
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Social security and other taxes
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VAT
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Other creditors
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Accruals and deferred income
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7.
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CALLED UP SHARE CAPITAL
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Allotted, issued and fully paid:
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Number:
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Class:
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Nominal
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2018
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2017
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value:
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£
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£
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Ordinary
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£1
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995
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100
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(2017 -
100
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Ordinary A
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£1
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1
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-
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(2017 - NIL)
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Ordinary B
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£1
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1
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-
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(2017 - NIL)
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Ordinary C
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£1
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1
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-
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(2017 - NIL)
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Ordinary D
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£1
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1
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-
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(2017 - NIL)
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1
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Ordinary E
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£1
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1
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-
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(2017 - NIL)
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1,000
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100
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Allotted and issued:
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Number:
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Class:
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Nominal
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2018
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2017
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value:
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£
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£
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Share capital 2
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£1
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1
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-
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(2017 - NIL)
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Share capital 3
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£1
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1
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-
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(2017 - NIL)
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Share capital 4
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£1
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1
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-
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(2017 - NIL)
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Share capital 5
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£1
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1
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-
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(2017 - NIL)
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1
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Share capital 6
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£1
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1
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-
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(2017 - NIL)
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5
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-
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RYDER INTERNATIONAL LIMITED (REGISTERED NUMBER: 05288599)
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NOTES TO THE FINANCIAL STATEMENTS - continued
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FOR THE YEAR ENDED 31 MARCH 2018
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7.
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CALLED UP SHARE CAPITAL - continued
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Shares were issued during the year as follows:
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Cash at par
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1 Ordinary E share of £1 for £1
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As a bonus out of reserves
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8.
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DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES
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The following advances and credits to a director subsisted during the years ended 31 March 2018 and
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31 March 2017:
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2018
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2017
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£
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£
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Balance outstanding at start of year
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21,060
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25,65
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Amounts advanced
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8,199
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42,23
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Amounts repaid
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(
23,131
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(
46,831
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Amounts written off
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-
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Amounts waived
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-
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Balance outstanding at end of year
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6,128
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21,06
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The loan has no fixed repayment terms with interest being charged at 2.5%. |
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