IRIS Accounts Production v24.1.0.578 11388124 Board of Directors Board of Directors 1.6.22 31.5.23 31.5.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh113881242022-05-31113881242023-05-31113881242022-06-012023-05-31113881242021-05-31113881242021-06-012022-05-31113881242022-05-3111388124ns15:EnglandWales2022-06-012023-05-3111388124ns14:PoundSterling2022-06-012023-05-3111388124ns10:Director12022-06-012023-05-3111388124ns10:Director22022-06-012023-05-3111388124ns10:PrivateLimitedCompanyLtd2022-06-012023-05-3111388124ns10:SmallEntities2022-06-012023-05-3111388124ns10:AuditExempt-NoAccountantsReport2022-06-012023-05-3111388124ns10:SmallCompaniesRegimeForDirectorsReport2022-06-012023-05-3111388124ns10:SmallCompaniesRegimeForAccounts2022-06-012023-05-3111388124ns10:FullAccounts2022-06-012023-05-3111388124ns10:RegisteredOffice2022-06-012023-05-3111388124ns5:CurrentFinancialInstruments2023-05-3111388124ns5:CurrentFinancialInstruments2022-05-3111388124ns5:Non-currentFinancialInstruments2023-05-3111388124ns5:Non-currentFinancialInstruments2022-05-3111388124ns5:ShareCapital2023-05-3111388124ns5:ShareCapital2022-05-3111388124ns5:RetainedEarningsAccumulatedLosses2023-05-3111388124ns5:RetainedEarningsAccumulatedLosses2022-05-3111388124ns5:LandBuildings2022-05-3111388124ns5:LandBuildings2022-06-012023-05-3111388124ns5:LandBuildings2023-05-3111388124ns5:LandBuildings2022-05-3111388124ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-3111388124ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-05-3111388124ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-05-3111388124ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-05-3111388124ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-05-3111388124ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2022-05-31
REGISTERED NUMBER: 11388124 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

FOR

RICKARD DEVELOPMENT COMPANY LIMITED

RICKARD DEVELOPMENT COMPANY LIMITED (REGISTERED NUMBER: 11388124)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RICKARD DEVELOPMENT COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2023







DIRECTORS: D F Brooklyn
S F Hempsall





REGISTERED OFFICE: Fox Hill Lodge
Great Shelford
Cambridge
Cambridgeshire
CB22 5AN





REGISTERED NUMBER: 11388124 (England and Wales)





ACCOUNTANTS: Thompson Taraz Rand Ltd
Chartered Accountants
10 Jesus Lane
Cambridge
Cambridgeshire
CB5 8BA

RICKARD DEVELOPMENT COMPANY LIMITED (REGISTERED NUMBER: 11388124)

BALANCE SHEET
31 MAY 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 5 3,543,488 3,529,381

CURRENT ASSETS
Debtors 6 11,368 18,739
Prepayments and accrued income 1,125 1,064
Cash at bank and in hand 8,230 16,043
20,723 35,846
CREDITORS
Amounts falling due within one year 7 (18,078 ) (74,269 )
NET CURRENT ASSETS/(LIABILITIES) 2,645 (38,423 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,546,133 3,490,958

CREDITORS
Amounts falling due after more than one year 8 (3,824,368 ) (3,751,445 )

ACCRUALS AND DEFERRED INCOME (8,761 ) (14,153 )
NET LIABILITIES (286,996 ) (274,640 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (286,998 ) (274,642 )
(286,996 ) (274,640 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

RICKARD DEVELOPMENT COMPANY LIMITED (REGISTERED NUMBER: 11388124)

BALANCE SHEET - continued
31 MAY 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 May 2024 and were signed on its behalf by:




D F Brooklyn - Director



S F Hempsall - Director


RICKARD DEVELOPMENT COMPANY LIMITED (REGISTERED NUMBER: 11388124)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1. STATUTORY INFORMATION

Rickard Development Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

5. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 June 2022 3,529,381
Additions 14,107
At 31 May 2023 3,543,488
NET BOOK VALUE
At 31 May 2023 3,543,488
At 31 May 2022 3,529,381

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 10,591 18,287
VAT 777 452
11,368 18,739

RICKARD DEVELOPMENT COMPANY LIMITED (REGISTERED NUMBER: 11388124)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 17,258 14,976
Trade creditors 820 59,000
Social security and other taxes - 293
18,078 74,269

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans - 1-2 years 845,653 883,730
Other loans - 1-2 years 2,978,715 2,867,715
3,824,368 3,751,445