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COMPANY REGISTRATION NUMBER: 07752038
Richard J Ward Ltd
Filleted Unaudited Financial Statements
For the year ended
30 June 2023
Richard J Ward Ltd
Statement of Financial Position
30 June 2023
2023
2022
Note
£
£
£
Current assets
Cash at bank and in hand
185,357
231,142
Creditors: amounts falling due within one year
5
30,835
32,086
---------
---------
Net current assets
154,522
199,056
---------
---------
Total assets less current liabilities
154,522
199,056
---------
---------
Capital and reserves
Called up share capital
100
100
Profit and loss account
154,422
198,956
---------
---------
Shareholders funds
154,522
199,056
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 June 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 financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 1 March 2024 , and are signed on behalf of the board by:
R J Ward
Director
Company registration number: 07752038
Richard J Ward Ltd
Notes to the Financial Statements
Year ended 30 June 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Appletree House, Nocton Road, Potterhanworth, Lincolnshire, LN4 2DN.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2022: 2 ).
5. Creditors: amounts falling due within one year
2023
2022
£
£
Other creditors
30,835
32,086
--------
--------
6. Directors' advances, credits and guarantees
No transactions with related parties were undertaken that are required to be disclosed under FRS 102 section 1a.