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REGISTERED NUMBER: 04518695 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

FOR

RICHARD DIPLOCK LIMITED

RICHARD DIPLOCK LIMITED (REGISTERED NUMBER: 04518695)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RICHARD DIPLOCK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2022







DIRECTORS: Mr R A Diplock
Mrs S K Diplock





REGISTERED OFFICE: 4 Green Lane Business Park
238 Green Lane
New Eltham
London
SE9 3TL





REGISTERED NUMBER: 04518695 (England and Wales)





ACCOUNTANTS: Bayar Hughes & Co
Chartered Certified Accountants
4 Green Lane Business Park
238 Green lane
New Eltham
London
SE9 3TL

RICHARD DIPLOCK LIMITED (REGISTERED NUMBER: 04518695)

BALANCE SHEET
31 MARCH 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 455 607
Investment Properties 5 732,000 370,000
732,455 370,607

CURRENT ASSETS
Debtors 6 1,000 -
Cash at bank 3,458 10,473
4,458 10,473
CREDITORS
Amounts falling due within one year 7 150,384 144,630
NET CURRENT LIABILITIES (145,926 ) (134,157 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

586,529

236,450

CREDITORS
Amounts falling due after more than one
year

8

134,699

148,408
NET ASSETS 451,830 88,042

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 9 414,737 52,737
Retained earnings 9 36,993 35,205
SHAREHOLDERS' FUNDS 451,830 88,042

RICHARD DIPLOCK LIMITED (REGISTERED NUMBER: 04518695)

BALANCE SHEET - continued
31 MARCH 2022


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 September 2022 and were signed on its behalf by:





Mr R A Diplock - Director


RICHARD DIPLOCK LIMITED (REGISTERED NUMBER: 04518695)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

1. STATUTORY INFORMATION

Richard Diplock 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 as modified by the revaluation of certain assets.

Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Furnishings - 25% on reducing balance

Investment properties
Investment properties are 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 Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

4. TANGIBLE FIXED ASSETS
Furnishings
£   
COST
At 1 April 2021
and 31 March 2022 13,532
DEPRECIATION
At 1 April 2021 12,925
Charge for year 152
At 31 March 2022 13,077
NET BOOK VALUE
At 31 March 2022 455
At 31 March 2021 607

RICHARD DIPLOCK LIMITED (REGISTERED NUMBER: 04518695)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

5. INVESTMENT PROPERTIES
Total
£   
FAIR VALUE
At 1 April 2021 370,000
Revaluations 362,000
At 31 March 2022 732,000
NET BOOK VALUE
At 31 March 2022 732,000
At 31 March 2021 370,000

Fair value at 31 March 2022 is represented by:
£   
Valuation in 2021 52,737
Valuation in 2022 362,000
Cost 317,263
732,000

Investment Properties were valued on an open market basis on 31 March 2022 by the Directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Other Debtors & Prepayments 1,000 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 17,636 17,636
Corporation Tax 887 278
Directors' Loan Account 131,231 126,068
Other Creditors & Accruals 630 648
150,384 144,630

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Bank Loans 134,699 148,408

RICHARD DIPLOCK LIMITED (REGISTERED NUMBER: 04518695)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

9. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 April 2021 35,205 52,737 87,942
Profit for the year 3,788 3,788
Dividends (2,000 ) (2,000 )
Revaluation - 362,000 362,000
At 31 March 2022 36,993 414,737 451,730