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REGISTERED NUMBER: 04558651 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

RICHARD HOLBROOK LIMITED

RICHARD HOLBROOK LIMITED (REGISTERED NUMBER: 04558651)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RICHARD HOLBROOK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTORS: R S Holbrook
Mrs S M Holbrook
Miss K S Holbrook
Miss M C Holbrook
R Holbrook





SECRETARY: Mrs S M Holbrook





REGISTERED OFFICE: Kai Koura
Trewollack
St Mawes
Cornwall
TR2 5 AD





REGISTERED NUMBER: 04558651 (England and Wales)





ACCOUNTANTS: Whitakers
Chartered Accountants
Bryndon House
5/7 Berry Road
Newquay
Cornwall
TR7 1AD

RICHARD HOLBROOK LIMITED (REGISTERED NUMBER: 04558651)

BALANCE SHEET
31 OCTOBER 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 7,438 8,762
7,438 8,762

CURRENT ASSETS
Stocks 12,878 -
Debtors 6 23,571 22,273
Cash at bank 32,063 39,574
68,512 61,847
CREDITORS
Amounts falling due within one year 7 64,564 61,138
NET CURRENT ASSETS 3,948 709
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,386

9,471

PROVISIONS FOR LIABILITIES 1,665 1,665
NET ASSETS 9,721 7,806

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 9,621 7,706
SHAREHOLDERS' FUNDS 9,721 7,806

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

RICHARD HOLBROOK LIMITED (REGISTERED NUMBER: 04558651)

BALANCE SHEET - continued
31 OCTOBER 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 July 2024 and were signed on its behalf by:





R S Holbrook - Director


RICHARD HOLBROOK LIMITED (REGISTERED NUMBER: 04558651)

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

1. STATUTORY INFORMATION

Richard Holbrook 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.

2. ACCOUNTING POLICIES

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

Turnover
Turnover represents net invoiced sales of goods, exclusive of VAT, adjusted for amounts due under contracts.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2002, has been fully amortised.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

RICHARD HOLBROOK LIMITED (REGISTERED NUMBER: 04558651)

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

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2022
and 31 October 2023 15,000
AMORTISATION
At 1 November 2022
and 31 October 2023 15,000
NET BOOK VALUE
At 31 October 2023 -
At 31 October 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 November 2022 15,474 11,153 8,565 7,641 42,833
Additions - - - 867 867
At 31 October 2023 15,474 11,153 8,565 8,508 43,700
DEPRECIATION
At 1 November 2022 9,112 10,500 8,366 6,093 34,071
Charge for year 1,591 102 50 448 2,191
At 31 October 2023 10,703 10,602 8,416 6,541 36,262
NET BOOK VALUE
At 31 October 2023 4,771 551 149 1,967 7,438
At 31 October 2022 6,362 653 199 1,548 8,762

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 11,088 10,830
Prepayments and accrued income 12,483 11,443
23,571 22,273

RICHARD HOLBROOK LIMITED (REGISTERED NUMBER: 04558651)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Tax 13,474 12,367
Social security and other taxes 7,295 5,225
Directors' current accounts 42,823 42,572
Accrued expenses 972 974
64,564 61,138

8. RELATED PARTY DISCLOSURES

The company is controlled by its directors by virtue of the fact that between them they own 100% of the company's issued ordinary share capital.