IRIS Accounts Production v23.1.5.20 10950812 Board of Directors 1.10.21 30.9.22 30.9.22 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh109508122021-09-30109508122022-09-30109508122021-10-012022-09-30109508122020-09-30109508122020-10-012021-09-30109508122021-09-3010950812ns15:EnglandWales2021-10-012022-09-3010950812ns14:PoundSterling2021-10-012022-09-3010950812ns10:Director12021-10-012022-09-3010950812ns10:PrivateLimitedCompanyLtd2021-10-012022-09-3010950812ns10:SmallEntities2021-10-012022-09-3010950812ns10:AuditExempt-NoAccountantsReport2021-10-012022-09-3010950812ns10:SmallCompaniesRegimeForDirectorsReport2021-10-012022-09-3010950812ns10:SmallCompaniesRegimeForAccounts2021-10-012022-09-3010950812ns10:FullAccounts2021-10-012022-09-3010950812ns10:Director22021-10-012022-09-3010950812ns10:RegisteredOffice2021-10-012022-09-3010950812ns5:CurrentFinancialInstruments2022-09-3010950812ns5:CurrentFinancialInstruments2021-09-3010950812ns5:Non-currentFinancialInstruments2022-09-3010950812ns5:Non-currentFinancialInstruments2021-09-3010950812ns5:ShareCapital2022-09-3010950812ns5:ShareCapital2021-09-3010950812ns5:RetainedEarningsAccumulatedLosses2022-09-3010950812ns5:RetainedEarningsAccumulatedLosses2021-09-3010950812ns5:LandBuildings2021-09-3010950812ns5:LandBuildings2021-10-012022-09-3010950812ns5:LandBuildings2022-09-3010950812ns5:LandBuildings2021-09-3010950812ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-3010950812ns5:CurrentFinancialInstrumentsns5:WithinOneYear2021-09-3010950812ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2022-09-3010950812ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2021-09-30
REGISTERED NUMBER: 10950812 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2022

for

Richland Properties Ltd

Richland Properties Ltd (Registered number: 10950812)






Contents of the Financial Statements
for the Year Ended 30 September 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Richland Properties Ltd

Company Information
for the Year Ended 30 September 2022







DIRECTORS: Mrs R P Vadsola
P D Vadsola





REGISTERED OFFICE: 19 Lela Avenue
Hounslow
TW4 7RU





REGISTERED NUMBER: 10950812 (England and Wales)





ACCOUNTANTS: RISHA LTD
Unit 15 Mitcham
Industrial Estate
Streatham Road
Mitcham
London
CR4 2AP

Richland Properties Ltd (Registered number: 10950812)

Balance Sheet
30 September 2022

30.9.22 30.9.21
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 634,638 332,493

CURRENT ASSETS
Debtors 5 110,734 110,734
Cash at bank and in hand 22,788 3,814
133,522 114,548
CREDITORS
Amounts falling due within one year 6 297,541 134,153
NET CURRENT LIABILITIES (164,019 ) (19,605 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

470,619

312,888

CREDITORS
Amounts falling due after more than one
year

7

460,821

308,290
NET ASSETS 9,798 4,598

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 9,698 4,498
9,798 4,598

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Richland Properties Ltd (Registered number: 10950812)

Balance Sheet - continued
30 September 2022


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 30 September 2023 and were signed on its behalf by:





Mrs R P Vadsola - Director


Richland Properties Ltd (Registered number: 10950812)

Notes to the Financial Statements
for the Year Ended 30 September 2022

1. STATUTORY INFORMATION

Richland Properties Ltd 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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

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 2 (2021 - 2 ) .

Richland Properties Ltd (Registered number: 10950812)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2022

4. PROPERTY, PLANT AND EQUIPMENT
Land and
buildings
£   
COST
At 1 October 2021 332,493
Additions 634,638
Disposals (332,493 )
At 30 September 2022 634,638
NET BOOK VALUE
At 30 September 2022 634,638
At 30 September 2021 332,493

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.22 30.9.21
£    £   
Trade debtors 15,000 15,000
Other debtors 95,734 95,734
110,734 110,734

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.22 30.9.21
£    £   
Taxation and social security 1,055 1,055
Other creditors 296,486 133,098
297,541 134,153

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.22 30.9.21
£    £   
Bank loans 460,821 308,290

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst - 204,328