Registered number
06009666
Richmond Motor Services Ltd
Unaudited Filleted Accounts
30 November 2023
Richmond Motor Services Ltd
Registered number: 06009666
Balance Sheet
as at 30 November 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 112,040 76,894
Current assets
Stocks 60,728 18,317
Debtors 4 57,775 50,269
Cash at bank and in hand 253,959 402,659
372,462 471,245
Creditors: amounts falling due within one year 5 14,920 (91,735)
Net current assets 387,382 379,510
Net assets 499,422 456,404
Capital and reserves
Called up share capital 100 100
Profit and loss account 499,322 456,304
Shareholders' funds 499,422 456,404
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
A J Townson
Director
Approved by the board on 25 March 2024
Richmond Motor Services Ltd
Notes to the Accounts
for the year ended 30 November 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 10 9
3 Tangible fixed assets
Office Equipment Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 December 2022 10,425 114,113 114,528 239,066
Additions 179 2,464 69,852 72,495
Disposals - - (18,760) (18,760)
At 30 November 2023 10,604 116,577 165,620 292,801
Depreciation
At 1 December 2022 8,451 82,365 71,356 162,172
Charge for the year 539 5,132 27,110 32,781
On disposals - - (14,192) (14,192)
At 30 November 2023 8,990 87,497 84,274 180,761
Net book value
At 30 November 2023 1,614 29,080 81,346 112,040
At 30 November 2022 1,974 31,748 43,172 76,894
4 Debtors 2023 2022
£ £
Trade debtors 59,763 50,269
Bad Debt Provision (1,988) -
57,775 50,269
5 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 36,533 26,413
Corporation tax 44,326 38,166
VAT 14,948 17,766
Accruals 1,910 1,860
Director's Current Account (112,637) 7,530
(14,920) 91,735
6 Loans to directors
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
A J Townson
[Loan 1] - 112,637 - 112,637
- 112,637 - 112,637
7 Other information
Richmond Motor Services Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Fairfield Way
Gallowfields Trading Estate
Richmond
DL10 4TB
Richmond Motor Services Ltd 06009666 false 2022-12-01 2023-11-30 2023-11-30 VT Final Accounts October 2023 release 2 A J Townson No description of principal activity 06009666 2021-12-01 2022-11-30 06009666 core:WithinOneYear 2022-11-30 06009666 core:ShareCapital 2022-11-30 06009666 core:RetainedEarningsAccumulatedLosses 2022-11-30 06009666 2022-12-01 2023-11-30 06009666 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 06009666 bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 06009666 bus:Director40 2022-12-01 2023-11-30 06009666 core:LandBuildings 2022-12-01 2023-11-30 06009666 core:PlantMachinery 2022-12-01 2023-11-30 06009666 core:Vehicles 2022-12-01 2023-11-30 06009666 bus:Director1 2022-12-01 2023-11-30 06009666 bus:Director1 1 2022-12-01 2023-11-30 06009666 countries:England 2022-12-01 2023-11-30 06009666 bus:FRS102 2022-12-01 2023-11-30 06009666 bus:FullAccounts 2022-12-01 2023-11-30 06009666 2023-11-30 06009666 core:WithinOneYear 2023-11-30 06009666 core:ShareCapital 2023-11-30 06009666 core:RetainedEarningsAccumulatedLosses 2023-11-30 06009666 core:LandBuildings 2023-11-30 06009666 core:PlantMachinery 2023-11-30 06009666 core:Vehicles 2023-11-30 06009666 bus:Director1 1 2023-11-30 06009666 2022-11-30 06009666 core:LandBuildings 2022-11-30 06009666 core:PlantMachinery 2022-11-30 06009666 core:Vehicles 2022-11-30 06009666 bus:Director1 1 2022-11-30 iso4217:GBP xbrli:pure