2022-04-01 2023-03-31 10648084 RICHBEA CONSULTANCY LIMITED false 10648084 2022-04-01 2023-03-31 10648084 uk-bus:Director1 2022-04-01 2023-03-31 10648084 uk-bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 10648084 uk-bus:SmallEntities 2022-04-01 2023-03-31 10648084 uk-bus:FullAccounts 2022-04-01 2023-03-31 10648084 uk-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 10648084 2022-04-01 10648084 2023-03-31 10648084 2022-03-31 xbrli:pure iso4217:GBP 10648084 2021-04-01 2022-03-31
Company Registration Number : 10648084 (England and Wales)
10648084
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2023-03-31
false
RICHBEA CONSULTANCY LIMITED
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2022-04-01
RICHBEA CONSULTANCY LIMITED
Unaudited filleted financial statements
For the year ended 31 March 2023
RICHBEA CONSULTANCY LIMITED
Contents
For the year ended 31 March 2023

CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 6


RICHBEA CONSULTANCY LIMITED
Company Information
For the year ended 31 March 2023

Company registration number 10648084 (England and Wales)
Director Richard BEARDSWORTH
Registered office address 320 Firecrest Court Centre Park
Warrington
United Kingdom
WA1 1RG
UK
RICHBEA CONSULTANCY LIMITED
Statement of Financial Position
For the year ended 31 March 2023

2023 2022
Notes £ £
Fixed assets
Property, plant and equipment 400 470
8 400 470
Current assets
Debtors 6 2,523 -
Cash and cash equivalents 83,634 93,076
86,157 93,076
Current liabilities
Creditors: Amounts falling due within one year 7 (6,200) (7,928)
Corporation tax payable (4,184) (6,514)
(10,385) (14,443)
Net current assets/(liabilities) 75,772 78,633
Total assets less current liabilities 76,172 79,103
Net assets/(liabilities) 76,172 79,103
Capital and reserves
Called up share capital 1 1
Retained earnings 76,171 79,102
Shareholder's funds 76,172 79,103
For the year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The director acknowledges their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 01 February 2024
.............................
Richard BEARDSWORTH (Director)
Company registration number: 10648084
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2023-03-31 31 March 2023
2023 2022
£ £
Fixed Assets 400 470
Current Assets 86,157 93,076
Creditors: amounts falling due within one year (10,385) (14,443)
Net current assets (liabilities) 75,772 78,633
Total assets less current liabilities 76,172 79,103
Net Assets (liabilities) 76,172 79,103
Capital and Reserves 76,172 79,103
For the year ending 3/31/2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. For the year ending 31-03-2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 01 February 2024 2024-02-01 and signed on behalf of the board,
.............................
Richard BEARDSWORTH
Director
Company registration number: 10648084
RICHBEA CONSULTANCY LIMITED
Notes to the Financial Statements
For the year ended 31 March 2023

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is 320 Firecrest Court Centre Park, Warrington, United Kingdom, WA1 1RG.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Sale of goods
Sales of goods are recognised when the company has delivered the goods to the customer, no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products and risks and rewards of ownership have transferred to them.
Rendering of Services
Revenue from provision of services rendered in the reporting period is recognised when the outcome of a transaction for the rendering of services can be estimated reliably in terms of revenue, costs and its stage of completion of the specific transaction at the end of the reporting period. The stage of completion is determined on the basis of the actual completion of a proportion of the total services to be rendered. When the outcome of a service contract cannot be estimated reliably the company only recognises revenue to the extent of the recoverable expenses recognised.
Foreign currency
Transactions in foreign currencies other than its functional currency are recorded at the foreign exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the year-end date are translated at the foreign exchange rate ruling at that date. Foreign exchange differences arising on translation are recognised in the income statement within financial income or expense, as appropriate. Non-monetary assets that are measured in terms of historical cost in foreign currency are translated using the exchange rate at the date of the transaction.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis.

Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:

Asset class and depreciation rate
Land and Buildings
Plant and Machinery15% reducing balance
Short Leasehold Properties
Investment Properties
Long Leasehold Properties
Commercial Vehicles
Fixtures and Fittings15% reducing balance
Equipment33% straight line
Motor Cars25% reducing balance
Inventories
Inventories are measured at the lower of cost and net realisable value. Costs of inventories are determined on a first-in-first-out basis. Net realisable value represents the estimated selling price for inventories less all estimated costs necessary to make the sale.
Leases
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee. All other leases are classified as operating leases.
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before tax as reported in the income statement because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

(4) Employees
During the year, the average number of employees including director was 1 (2022 : 1).

(5) Deferred Tax
Deferred taxation is provided on the liability method to take account of timing differences between treatment of certain items for accounts purposes and their treatment of tax. Tax deferred or accelerated is accounted for in respect of all material timing differences.

(6) Debtors
Amounts falling due within one year
2023 2022
£ £
Other debtors 2,523 -
2,523 -

(7) Creditors: Amounts falling due within one year
2023 2022
£ £
Other taxes and social security - 2,310
Other creditors 5,930 5,618
Accruals and deferred income 270 -
6,200 7,928

(8) Fixed assets
Tangible

£
Cost
As at 01 April 20225,080
As at 31 March 20235,080
Depreciation/Amortisation
As at 01 April 20224,610
For the year70
As at 31 March 20234,680
Net book value
As at 31 March 2023400
As at 31 March 2022470