Company Registration No. 07022567 (England and Wales)
RYG LIMITED
Unaudited accounts
for the year ended 30 September 2021
RYG LIMITED
Unaudited accounts
Contents
RYG LIMITED
Company Information
for the year ended 30 September 2021
Directors
Paresh Gandhi
Leena Gandhi
Company Number
07022567 (England and Wales)
Registered Office
THE HOMESTEAD 3 EGERTON ROAD
WOODTHORPE
NOTTINGHAM
NG5 4FF
ENGLAND
Accountants
BANNER AND ASSOCIATES
BANNER HOUSE
29 BYRON ROAD
HARROW
MIDDLESEX
HA1 1JR
RYG LIMITED
Statement of financial position
as at
30 September 2021
Investments
10,000
10,000
Cash at bank and in hand
70,778
127,682
Creditors: amounts falling due within one year
(14,587)
(21,564)
Net current assets
67,658
116,265
Net assets
68,090
116,842
Called up share capital
100
100
Profit and loss account
67,990
116,742
Shareholders' funds
68,090
116,842
For the year ending 30 September 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 directors acknowledge their 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 of Directors and authorised for issue on 30 June 2022 and were signed on its behalf by
Paresh Gandhi
Director
Company Registration No. 07022567
RYG LIMITED
Notes to the Accounts
for the year ended 30 September 2021
RYG LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07022567. The registered office is THE HOMESTEAD 3 EGERTON ROAD, WOODTHORPE, NOTTINGHAM, NG5 4FF, ENGLAND.
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.
These financial statements for the year ended 30 September 2021 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2019.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Computer equipment
Cost or valuation
At cost
At 30 September 2021
3,034
At 30 September 2021
2,602
RYG LIMITED
Notes to the Accounts
for the year ended 30 September 2021
5
Debtors: amounts falling due within one year
2021
2020
6
Investments held as current assets
2021
2020
Listed investments
10,000
10,000
7
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
-
15,308
Other creditors
11,647
4,816
8
Average number of employees
During the year the average number of employees was 3 (2020: 3).