Registered number
04936041
RICHEATH LIMITED
Unaudited Filleted Accounts
31 March 2023
Khan Adamson Limited
Chartered Accountant
Chelworth Industrial Estate
Cricklade
Swindon
Wiltshire
SN6 6HE
RICHEATH LIMITED
Registered number: 04936041
Balance Sheet
as at 31 March 2023
Notes 2023 2022
£ £
Fixed assets
Investments 3 1,005,000 1,005,000
Current assets
Cash at bank and in hand 676 8,336
Creditors: amounts falling due within one year 4 (541) (8,091)
Net current assets 135 245
Net assets 1,005,135 1,005,245
Capital and reserves
Called up share capital 1,000,100 1,000,100
Profit and loss account 5,035 5,145
Shareholders' funds 1,005,135 1,005,245
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Richie Donnelly
Director
Approved by the board on 25 September 2023
RICHEATH LIMITED
Notes to the Accounts
for the year ended 31 March 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 0 0
3 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 April 2022 1,005,000
At 31 March 2023 1,005,000
4 Creditors: amounts falling due within one year 2023 2022
£ £
Directors' account 541 528
Other creditors - 7,563
541 8,091
5 Other information
RICHEATH LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
7 Osprey Close
Swindon
Wiltshire
SN3 5DW
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