Richmond Towers Limited
Unaudited Financial Statements
For the year ended 30 June 2023
Pages for Filing with Registrar
Company Registration No. 00302454 (England and Wales)
Richmond Towers Limited
Contents
Page
Balance sheet
1
Notes to the financial statements
2
Richmond Towers Limited
Balance Sheet
As at 30 June 2023
Page 1
2023
2022
Notes
£
£
£
£
Current assets
Debtors
3
20,000
20,000
Net current assets
20,000
20,000
Capital and reserves
Called up share capital
4
20,000
20,000
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
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.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 22 March 2024 and are signed on its behalf by:
N Thomson
Director
Company Registration No. 00302454
Richmond Towers Limited
Notes to the Financial Statements
For the year ended 30 June 2023
Page 2
1
Accounting policies
Company information
Richmond Towers Limited is a private company limited by shares incorporated in England and Wales. The registered office is 69 Turnmill Street, London, England, EC1M 5RR.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 Section 1A “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102 1A”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.3
Financial instruments
The company only has basic financial instruments measured at amortised cost with no financial instrument classified as other or basic instruments at fair value.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was 2 (2022: 2).
3
Debtors
2023
2022
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
20,000
20,000
4
Called up share capital
2023
2022
2023
2022
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
20,000
20,000
20,000
20,000
5
Control
The company is a wholly owned subsidiary of Richmond Tower Communications Limited, a company incorporated in the United Kingdom.