2022-11-012023-10-312023-10-31false12943514GH RICHARDSON HOMES LIMITED2024-03-14iso4217:GBPxbrli:pure129435142022-11-01129435142023-10-31129435142022-11-012023-10-31129435142021-11-01129435142022-10-31129435142021-11-012022-10-3112943514bus:SmallEntities2022-11-012023-10-3112943514bus:AuditExempt-NoAccountantsReport2022-11-012023-10-3112943514bus:FullAccounts2022-11-012023-10-3112943514bus:PrivateLimitedCompanyLtd2022-11-012023-10-3112943514core:WithinOneYear2023-10-3112943514core:AfterOneYear2023-10-3112943514core:WithinOneYear2022-10-3112943514core:AfterOneYear2022-10-3112943514core:ShareCapital2023-10-3112943514core:SharePremium2023-10-3112943514core:RevaluationReserve2023-10-3112943514core:OtherReservesSubtotal2023-10-3112943514core:RetainedEarningsAccumulatedLosses2023-10-3112943514core:ShareCapital2022-10-3112943514core:SharePremium2022-10-3112943514core:RevaluationReserve2022-10-3112943514core:OtherReservesSubtotal2022-10-3112943514core:RetainedEarningsAccumulatedLosses2022-10-3112943514core:LandBuildings2023-10-3112943514core:PlantMachinery2023-10-3112943514core:Vehicles2023-10-3112943514core:FurnitureFittings2023-10-3112943514core:OfficeEquipment2023-10-3112943514core:NetGoodwill2023-10-3112943514core:IntangibleAssetsOtherThanGoodwill2023-10-3112943514core:ListedExchangeTraded2023-10-3112943514core:UnlistedNon-exchangeTraded2023-10-3112943514core:LandBuildings2022-10-3112943514core:PlantMachinery2022-10-3112943514core:Vehicles2022-10-3112943514core:FurnitureFittings2022-10-3112943514core:OfficeEquipment2022-10-3112943514core:NetGoodwill2022-10-3112943514core:IntangibleAssetsOtherThanGoodwill2022-10-3112943514core:ListedExchangeTraded2022-10-3112943514core:UnlistedNon-exchangeTraded2022-10-3112943514core:LandBuildings2022-11-012023-10-3112943514core:PlantMachinery2022-11-012023-10-3112943514core:Vehicles2022-11-012023-10-3112943514core:FurnitureFittings2022-11-012023-10-3112943514core:OfficeEquipment2022-11-012023-10-3112943514core:NetGoodwill2022-11-012023-10-3112943514core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3112943514core:ListedExchangeTraded2022-11-012023-10-3112943514core:UnlistedNon-exchangeTraded2022-11-012023-10-3112943514core:MoreThanFiveYears2022-11-012023-10-3112943514core:Non-currentFinancialInstruments2023-10-3112943514core:Non-currentFinancialInstruments2022-10-3112943514dpl:CostSales2022-11-012023-10-3112943514dpl:DistributionCosts2022-11-012023-10-3112943514core:LandBuildings2022-11-012023-10-3112943514core:PlantMachinery2022-11-012023-10-3112943514core:Vehicles2022-11-012023-10-3112943514core:FurnitureFittings2022-11-012023-10-3112943514core:OfficeEquipment2022-11-012023-10-3112943514dpl:AdministrativeExpenses2022-11-012023-10-3112943514core:NetGoodwill2022-11-012023-10-3112943514core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3112943514dpl:GroupUndertakings2022-11-012023-10-3112943514dpl:ParticipatingInterests2022-11-012023-10-3112943514dpl:GroupUndertakingscore:ListedExchangeTraded2022-11-012023-10-3112943514core:ListedExchangeTraded2022-11-012023-10-3112943514dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-11-012023-10-3112943514core:UnlistedNon-exchangeTraded2022-11-012023-10-3112943514dpl:CostSales2021-11-012022-10-3112943514dpl:DistributionCosts2021-11-012022-10-3112943514core:LandBuildings2021-11-012022-10-3112943514core:PlantMachinery2021-11-012022-10-3112943514core:Vehicles2021-11-012022-10-3112943514core:FurnitureFittings2021-11-012022-10-3112943514core:OfficeEquipment2021-11-012022-10-3112943514dpl:AdministrativeExpenses2021-11-012022-10-3112943514core:NetGoodwill2021-11-012022-10-3112943514core:IntangibleAssetsOtherThanGoodwill2021-11-012022-10-3112943514dpl:GroupUndertakings2021-11-012022-10-3112943514dpl:ParticipatingInterests2021-11-012022-10-3112943514dpl:GroupUndertakingscore:ListedExchangeTraded2021-11-012022-10-3112943514core:ListedExchangeTraded2021-11-012022-10-3112943514dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-11-012022-10-3112943514core:UnlistedNon-exchangeTraded2021-11-012022-10-3112943514core:NetGoodwill2023-10-3112943514core:IntangibleAssetsOtherThanGoodwill2023-10-3112943514core:LandBuildings2023-10-3112943514core:PlantMachinery2023-10-3112943514core:Vehicles2023-10-3112943514core:FurnitureFittings2023-10-3112943514core:OfficeEquipment2023-10-3112943514core:AfterOneYear2023-10-3112943514core:WithinOneYear2023-10-3112943514core:ListedExchangeTraded2023-10-3112943514core:UnlistedNon-exchangeTraded2023-10-3112943514core:ShareCapital2023-10-3112943514core:SharePremium2023-10-3112943514core:RevaluationReserve2023-10-3112943514core:OtherReservesSubtotal2023-10-3112943514core:RetainedEarningsAccumulatedLosses2023-10-3112943514core:NetGoodwill2022-10-3112943514core:IntangibleAssetsOtherThanGoodwill2022-10-3112943514core:LandBuildings2022-10-3112943514core:PlantMachinery2022-10-3112943514core:Vehicles2022-10-3112943514core:FurnitureFittings2022-10-3112943514core:OfficeEquipment2022-10-3112943514core:AfterOneYear2022-10-3112943514core:WithinOneYear2022-10-3112943514core:ListedExch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GH RICHARDSON HOMES LIMITED

Registered Number
12943514
(England and Wales)

Unaudited Financial Statements for the Year ended
31 October 2023

GH RICHARDSON HOMES LIMITED
Company Information
for the year from 1 November 2022 to 31 October 2023

Directors

RICHARDSON, Megan
RICHARDSON, Michael

Registered Address

35/37 St Leonards Road
Northampton
NN4 8DL

Registered Number

12943514 (England and Wales)
GH RICHARDSON HOMES LIMITED
Balance Sheet as at
31 October 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets35942,172
Investment property4367,611367,611
368,205369,783
Current assets
Debtors-9,752
Cash at bank and on hand11,73530,558
11,73540,310
Creditors amounts falling due within one year5(103,907)(144,240)
Net current assets (liabilities)(92,172)(103,930)
Total assets less current liabilities276,033265,853
Creditors amounts falling due after one year6(264,117)(264,110)
Provisions for liabilities7(113)(413)
Net assets11,8031,330
Capital and reserves
Called up share capital100100
Profit and loss account11,7031,230
Shareholders' funds11,8031,330
The financial statements were approved and authorised for issue by the Board of Directors on 14 March 2024, and are signed on its behalf by:
RICHARDSON, Michael
Director
Registered Company No. 12943514
GH RICHARDSON HOMES LIMITED
Notes to the Financial Statements
for the year ended 31 October 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Investment property
Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.
2.Average number of employees

20232022
Average number of employees during the year22
3.Tangible fixed assets

Fixtures & fittings

Total

££
Cost or valuation
At 01 November 224,7354,735
At 31 October 234,7354,735
Depreciation and impairment
At 01 November 222,5632,563
Charge for year1,5781,578
At 31 October 234,1414,141
Net book value
At 31 October 23594594
At 31 October 222,1722,172
4.Investment property

£
Fair value at 01 November 22367,611
At 31 October 23367,611
5.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables8921,676
Taxation and social security1,398-
Other creditors101,617142,564
Total103,907144,240
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
6.Creditors: amounts due after one year

2023

2022

££
Bank borrowings and overdrafts264,117264,110
Total264,117264,110
7.Provisions for liabilities

2023

2022

££
Net deferred tax liability (asset)113413
Total113413