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REGISTERED NUMBER: 04812367 (England and Wales)















Unaudited Financial Statements For The Year Ended 31 March 2023

for

I.P.Richardson Limited

I.P.Richardson Limited (Registered number: 04812367)






Contents of the Financial Statements
For The Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


I.P.Richardson Limited

Company Information
For The Year Ended 31 March 2023







DIRECTOR: Mr Ian Peter Richardson





SECRETARY: Mr Darryl Antony Richardson





REGISTERED OFFICE: 31 Flamstead Avenue
Loscoe
Derbyshire
DE75 7RN





REGISTERED NUMBER: 04812367 (England and Wales)





ACCOUNTANTS: Pedley & Co.
Chartered Certified Accountants
82 Nottingham Road
Somercotes
Alfreton
Derbyshire
DE55 4LY

I.P.Richardson Limited (Registered number: 04812367)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 703 937

CURRENT ASSETS
Cash at bank 47,714 46,766

CREDITORS
Amounts falling due within one year 5 9,037 14,980
NET CURRENT ASSETS 38,677 31,786
TOTAL ASSETS LESS CURRENT
LIABILITIES

39,380

32,723

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 39,379 32,722
SHAREHOLDERS' FUNDS 39,380 32,723

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 9 November 2023 and were signed by:





Mr Ian Peter Richardson - Director


I.P.Richardson Limited (Registered number: 04812367)

Notes to the Financial Statements
For The Year Ended 31 March 2023

1. STATUTORY INFORMATION

I.P.Richardson 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.

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 etc - 25% on reducing balance

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

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

I.P.Richardson Limited (Registered number: 04812367)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2022
and 31 March 2023 1,782 2,511 4,293
DEPRECIATION
At 1 April 2022 1,718 1,638 3,356
Charge for year 16 218 234
At 31 March 2023 1,734 1,856 3,590
NET BOOK VALUE
At 31 March 2023 48 655 703
At 31 March 2022 64 873 937

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors (1 ) (1 )
Taxation and social security 7,950 8,137
Other creditors 1,088 6,844
9,037 14,980

6. RELATED PARTY DISCLOSURES

The director, I P Richardson, is also a Director of Face to Face Financial Solutions Limited.The following transactions with that company occurred during the period, and were at arms length and under normal trading conditions

a) Commissions were received form Face to Face Financial Solutions Limited amounting to £ £104812

7. ULTIMATE CONTROLLING PARTY

The director I P Richardson has control of the company as he owns the only issued share