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Registration number: 01883270

R. E. Treacher & Associates Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2023

 

R. E. Treacher & Associates Limited

Contents

Balance Sheet

1

Notes to the Financial Statements

2 to 4

 

R. E. Treacher & Associates Limited

(Registration number: 01883270)
Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Fixed assets

 

Investments

4

1,587,750

1,681,283

Current assets

 

Debtors

5

692

692

Cash at bank and in hand

 

27,130

19,933

 

27,822

20,625

Creditors: Amounts falling due within one year

6

(3,834)

(3,876)

Net current assets

 

23,988

16,749

Total assets less current liabilities

 

1,611,738

1,698,032

Provisions for liabilities

(115,244)

(143,473)

Net assets

 

1,496,494

1,554,559

Capital and reserves

 

Called up share capital

7

1,285

1,285

Share premium reserve

249,090

249,090

Profit and loss account

1,246,119

1,304,184

Total equity

 

1,496,494

1,554,559

For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 21 November 2023 and signed on its behalf by:
 


 

D R Treacher
Director

 

R. E. Treacher & Associates Limited

Notes to the Financial Statements for the Year Ended 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
25 High Green
Brooke
Norwich
Norfolk
NR15 1HR

2

Accounting policies

Basis of preparation

These financial statements have been prepared using the historical cost convention in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

The presentation currency is sterling.

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

The turnover and operating loss for the year are derived from the company's principal activity which was carried out wholly in the UK.

Turnover represents income received from fixed asset investments and consultancy fees.

Tax policies
The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

Deferred Tax
Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Investments

Investments in shares are measured at fair value. Changes in fair value are recognised in the profit and loss account.

 

R. E. Treacher & Associates Limited

Notes to the Financial Statements for the Year Ended 31 March 2023

Defined contribution pension obligation

The company operates a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable.

Cash

Cash comprises cash on hand and all deposits.

3

Staff numbers

The average number of persons employed by the company during the year was 1 (2022 - 0), excluding directors.

4

Investments

Listed investments

£

Market value

At 1 April 2022

1,681,283

Revaluation

(63,136)

Additions

234,132

Disposals

(264,529)

At 31 March 2023

1,587,750

Carrying amount

At 31 March 2023

1,587,750

At 31 March 2022

1,681,283

5

Debtors

2023
£

2022
£

Other debtors

692

692

692

692

 

R. E. Treacher & Associates Limited

Notes to the Financial Statements for the Year Ended 31 March 2023

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Trade creditors

108

-

Accruals and deferred income

3,726

3,876

3,834

3,876

7

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary shares of £1 each

1,285

1,285

1,285

1,285