IRIS Accounts Production v23.1.0.753 08903199 director 1.3.22 28.2.23 28.2.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure089031992022-02-28089031992023-02-28089031992022-03-012023-02-28089031992021-02-28089031992021-03-012022-02-28089031992022-02-2808903199ns15:EnglandWales2022-03-012023-02-2808903199ns14:PoundSterling2022-03-012023-02-2808903199ns10:Director12022-03-012023-02-2808903199ns10:PrivateLimitedCompanyLtd2022-03-012023-02-2808903199ns10:SmallEntities2022-03-012023-02-2808903199ns10:AuditExempt-NoAccountantsReport2022-03-012023-02-2808903199ns10:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2808903199ns10:SmallCompaniesRegimeForAccounts2022-03-012023-02-2808903199ns10:FullAccounts2022-03-012023-02-2808903199ns10:OrdinaryShareClass12022-03-012023-02-2808903199ns10:RegisteredOffice2022-03-012023-02-2808903199ns5:CurrentFinancialInstruments2023-02-2808903199ns5:CurrentFinancialInstruments2022-02-2808903199ns5:Non-currentFinancialInstruments2023-02-2808903199ns5:Non-currentFinancialInstruments2022-02-2808903199ns5:ShareCapital2023-02-2808903199ns5:ShareCapital2022-02-2808903199ns5:RetainedEarningsAccumulatedLosses2023-02-2808903199ns5:RetainedEarningsAccumulatedLosses2022-02-2808903199ns5:PlantMachinery2022-03-012023-02-2808903199ns5:FurnitureFittings2022-03-012023-02-2808903199ns5:MotorVehicles2022-03-012023-02-2808903199ns5:PlantMachinery2022-02-2808903199ns5:FurnitureFittings2022-02-2808903199ns5:MotorVehicles2022-02-2808903199ns5:PlantMachinery2023-02-2808903199ns5:FurnitureFittings2023-02-2808903199ns5:MotorVehicles2023-02-2808903199ns5:PlantMachinery2022-02-2808903199ns5:FurnitureFittings2022-02-2808903199ns5:MotorVehicles2022-02-2808903199ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2808903199ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-02-2808903199ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-02-2808903199ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2022-02-2808903199ns10:OrdinaryShareClass12023-02-2808903199ns5:RetainedEarningsAccumulatedLosses2022-02-2808903199ns5:RetainedEarningsAccumulatedLosses2022-03-012023-02-28
REGISTERED NUMBER: 08903199 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

RICKY MEAD LTD

RICKY MEAD LTD (REGISTERED NUMBER: 08903199)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RICKY MEAD LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTOR: Mr R M Mead





REGISTERED OFFICE: 1 Aubrey Close
Hayling Island
Hampshire
PO11 0SU





REGISTERED NUMBER: 08903199 (England and Wales)





ACCOUNTANTS: AMR Bookkeeping & Accounts Limited
4 Spur Road
Cosham
PORTSMOUTH
Hampshire
PO6 3EB

RICKY MEAD LTD (REGISTERED NUMBER: 08903199)

BALANCE SHEET
28 FEBRUARY 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 50,195 37,494

CURRENT ASSETS
Debtors 5 8,749 21
Cash at bank 5,251 32,873
14,000 32,894
CREDITORS
Amounts falling due within one year 6 980 8,001
NET CURRENT ASSETS 13,020 24,893
TOTAL ASSETS LESS CURRENT
LIABILITIES

63,215

62,387

CREDITORS
Amounts falling due after more than one year 7 15,300 19,290
NET ASSETS 47,915 43,097

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 9 47,913 43,095
SHAREHOLDERS' FUNDS 47,915 43,097

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

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.

RICKY MEAD LTD (REGISTERED NUMBER: 08903199)

BALANCE SHEET - continued
28 FEBRUARY 2023


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 director and authorised for issue on 18 October 2023 and were signed by:





Mr R M Mead - Director


RICKY MEAD LTD (REGISTERED NUMBER: 08903199)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023


1. STATUTORY INFORMATION

Ricky Mead 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
Turnover 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.
Plant and machinery - 20% on reducing balance
Tooling and development - 20% on reducing balance
Motor vehicles - 20% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Tooling
Plant and and Motor
machinery development vehicles Totals
£    £    £    £   
COST
At 1 March 2022 55,000 1,490 17,300 73,790
Additions - - 26,500 26,500
At 28 February 2023 55,000 1,490 43,800 100,290
DEPRECIATION
At 1 March 2022 22,715 1,240 12,341 36,296
Charge for year 7,457 50 6,292 13,799
At 28 February 2023 30,172 1,290 18,633 50,095
NET BOOK VALUE
At 28 February 2023 24,828 200 25,167 50,195
At 28 February 2022 32,285 250 4,959 37,494

RICKY MEAD LTD (REGISTERED NUMBER: 08903199)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Other debtors 749 21
Directors' current accounts 8,000 -
8,749 21

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Tax 1,169 -
Social security and other taxes (189 ) (6,692 )
Directors' current accounts - 14,693
980 8,001

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
28.2.23 28.2.22
£    £   
COVID-19 Bounce back loan 15,300 19,290

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £    £   
100 Ordinary £1.00 2 2

9. RESERVES
Retained
earnings
£   

At 1 March 2022 43,095
Profit for the year 20,846
Dividends (16,028 )
At 28 February 2023 47,913