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REGISTERED NUMBER: 11747996 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

RICHARDS MEDICAL AND LEGAL SERVICES LTD

RICHARDS MEDICAL AND LEGAL SERVICES LTD (REGISTERED NUMBER: 11747996)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RICHARDS MEDICAL AND LEGAL SERVICES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: Mr S Richards
Mrs C J Richards





REGISTERED OFFICE: 28a The Hundred
Romsey
Hampshire
SO51 8BW





REGISTERED NUMBER: 11747996 (England and Wales)





ACCOUNTANTS: Kumar Associates
Chartered Certified Accountants
28a The Hundred
Romsey
Hampshire
SO51 8BW

RICHARDS MEDICAL AND LEGAL SERVICES LTD (REGISTERED NUMBER: 11747996)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,832 4,145

CURRENT ASSETS
Debtors 5 27,953 13,377
Investments 6 160,100 180,000
Cash at bank 193,320 124,633
381,373 318,010
CREDITORS
Amounts falling due within one year 7 161,859 129,820
NET CURRENT ASSETS 219,514 188,190
TOTAL ASSETS LESS CURRENT
LIABILITIES

223,346

192,335

CREDITORS
Amounts falling due after more than one
year

8

29,929

39,465
NET ASSETS 193,417 152,870

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 193,217 152,670
SHAREHOLDERS' FUNDS 193,417 152,870

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 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.

RICHARDS MEDICAL AND LEGAL SERVICES LTD (REGISTERED NUMBER: 11747996)

BALANCE SHEET - continued
31 MARCH 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 November 2023 and were signed on its behalf by:





Mr S Richards - Director


RICHARDS MEDICAL AND LEGAL SERVICES LTD (REGISTERED NUMBER: 11747996)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Richards Medical and Legal Services 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 etc - 50% on reducing balance and 25% on reducing balance

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 6 (2022 - 6 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 13,616
Additions 2,540
At 31 March 2023 16,156
DEPRECIATION
At 1 April 2022 9,471
Charge for year 2,853
At 31 March 2023 12,324
NET BOOK VALUE
At 31 March 2023 3,832
At 31 March 2022 4,145

RICHARDS MEDICAL AND LEGAL SERVICES LTD (REGISTERED NUMBER: 11747996)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 27,953 13,377

6. CURRENT ASSET INVESTMENTS
2023 2022
£    £   
SL Investment 160,100 -
Quilter investment - 180,000
160,100 180,000

The investment in Quilter at the start of the year of £180,000 was sold during the year for a loss of £5,521.

Later in the year the company invested £160,100 in Standard Life.

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 9,761 9,648
Taxation and social security 39,382 37,401
Other creditors 112,716 82,771
161,859 129,820

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 29,929 39,465