Company Registration No. 10840844 (England and Wales)
Richlan Limited
Unaudited accounts
for the year ended 30 June 2023
Richlan Limited
Unaudited accounts
Contents
Richlan Limited
Company Information
for the year ended 30 June 2023
Directors
Richard Holtby
Alan McDonald
Company Number
10840844 (England and Wales)
Registered Office
47 Fishers Road
Eling
Southampton
Hampshire
SO40 9HR
Accountants
P7 Accounting Limited
25 Cutbush Lane
Bitterne
Southampton
SO18 5QP
Richlan Limited
Statement of financial position
as at 30 June 2023
Tangible assets
6,546
8,728
Cash at bank and in hand
15,627
18,877
Creditors: amounts falling due within one year
(28,122)
(36,482)
Net current liabilities
(7,401)
(6,668)
Total assets less current liabilities
(855)
2,060
Creditors: amounts falling due after more than one year
(16,699)
(21,337)
Net liabilities
(17,554)
(19,277)
Called up share capital
100
100
Profit and loss account
(17,654)
(19,377)
Shareholders' funds
(17,554)
(19,277)
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
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 and delivered 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.
The financial statements were approved by the Board of Directors and authorised for issue on 29 February 2024 and were signed on its behalf by
Richard Holtby
Director
Company Registration No. 10840844
Richlan Limited
Notes to the Accounts
for the year ended 30 June 2023
Richlan Limited is a private company, limited by shares, registered in England and Wales, registration number 10840844. The registered office is 47 Fishers Road, Eling, Southampton, Hampshire, SO40 9HR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Motor vehicles
Amounts falling due within one year
Richlan Limited
Notes to the Accounts
for the year ended 30 June 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
2,063
5,385
Obligations under finance leases and hire purchase contracts
3,486
3,835
Taxes and social security
8,835
4,779
Loans from directors
13,512
22,345
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
-
3,487
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).