Registered number
04433936
Richard Fowler Ltd
Unaudited Filleted Accounts
31 October 2023
Richard Fowler Ltd
Registered number: 04433936
Balance Sheet
as at 31 October 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 55,707 55,720
Current assets
Debtors 4 260 237
Cash at bank and in hand 87,807 92,351
88,067 92,588
Creditors: amounts falling due within one year 5 (19,311) (19,598)
Net current assets 68,756 72,990
Net assets 124,463 128,710
Capital and reserves
Called up share capital 100 100
Profit and loss account 124,363 128,610
Shareholder's funds 124,463 128,710
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 member has 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.
Mr R Fowler
Director
Approved by the board on 19 July 2024
Richard Fowler Ltd
Notes to the Accounts
for the year ended 31 October 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).
Turnover
Turnover represents the total invoice value of sales made during the year and derives from the provision of property management and development services and property rental.
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:
Freehold land and buildings Nil
Plant and machinery 15% reducing balance
Motor vehicles 25% reducing balance
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 1 1
3 Tangible fixed assets
Land and buildings Plant and machinery Motor vehicles Total
£ £ £ £
Cost
At 1 November 2022 55,635 2,080 430 58,145
At 31 October 2023 55,635 2,080 430 58,145
Depreciation
At 1 November 2022 - 1,999 426 2,425
Charge for the year - 12 1 13
At 31 October 2023 - 2,011 427 2,438
Net book value
At 31 October 2023 55,635 69 3 55,707
At 31 October 2022 55,635 81 4 55,720
4 Debtors 2023 2022
£ £
Other debtors 260 237
5 Creditors: amounts falling due within one year 2023 2022
£ £
Taxation and social security costs 463 250
Other creditors 18,848 19,348
19,311 19,598
6 Controlling party
The company is controlled by Mr R Fowler by virtue of his 100% holding of the issued ordinary share capital.
7 Other information
Richard Fowler Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Greenway Farm
Ryall
Bridport
Dorset
DT6 6EN
Richard Fowler Ltd 04433936 false 2022-11-01 2023-10-31 2023-10-31 VT Final Accounts April 2024 Mr R Fowler No description of principal activity 04433936 2021-11-01 2022-10-31 04433936 core:WithinOneYear 2022-10-31 04433936 core:ShareCapital 2022-10-31 04433936 core:RetainedEarningsAccumulatedLosses 2022-10-31 04433936 2022-11-01 2023-10-31 04433936 bus:EntityNoLongerTradingButTradedInPast 2022-11-01 2023-10-31 04433936 bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 04433936 bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 04433936 bus:Director40 2022-11-01 2023-10-31 04433936 core:LandBuildings 2022-11-01 2023-10-31 04433936 core:PlantMachinery 2022-11-01 2023-10-31 04433936 core:Vehicles 2022-11-01 2023-10-31 04433936 countries:England 2022-11-01 2023-10-31 04433936 bus:FRS102 2022-11-01 2023-10-31 04433936 bus:FilletedAccounts 2022-11-01 2023-10-31 04433936 2023-10-31 04433936 core:WithinOneYear 2023-10-31 04433936 core:ShareCapital 2023-10-31 04433936 core:RetainedEarningsAccumulatedLosses 2023-10-31 04433936 core:LandBuildings 2023-10-31 04433936 core:PlantMachinery 2023-10-31 04433936 core:Vehicles 2023-10-31 04433936 2022-10-31 04433936 core:LandBuildings 2022-10-31 04433936 core:PlantMachinery 2022-10-31 04433936 core:Vehicles 2022-10-31 iso4217:GBP xbrli:pure