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REGISTERED NUMBER: 01885343 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

FOR

EDMUNDS RICHMOND LIMITED

EDMUNDS RICHMOND LIMITED (REGISTERED NUMBER: 01885343)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 August 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


EDMUNDS RICHMOND LIMITED

COMPANY INFORMATION
for the year ended 31 August 2023







DIRECTOR: H R Edmunds





SECRETARY: R J M Janssens





REGISTERED OFFICE: 3 Eyot Lodge
Cross Deep
Twickenham
Middlesex
TW1 4QH





REGISTERED NUMBER: 01885343 (England and Wales)






EDMUNDS RICHMOND LIMITED (REGISTERED NUMBER: 01885343)

BALANCE SHEET
31 August 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 6 216 272
Cash at bank 8,732 11,288
8,948 11,560
CREDITORS
Amounts falling due within one year 7 3,735 1,906
NET CURRENT ASSETS 5,213 9,654
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,213

9,654

CAPITAL AND RESERVES
Called up share capital 8 51,000 51,000
Retained earnings (45,787 ) (41,346 )
SHAREHOLDERS' FUNDS 5,213 9,654

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

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

The director acknowledges his 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.

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 director and authorised for issue on 28 August 2024 and were signed by:





H R Edmunds - Director


EDMUNDS RICHMOND LIMITED (REGISTERED NUMBER: 01885343)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 August 2023


1. STATUTORY INFORMATION

Edmunds Richmond 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.

Property plant and equipment
Property, plant and equipment are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses. Cost includes the original purchase price, costs directly attributable to bringing the asset to its working condition for its intended use, dismantling and restoration initially recorded at cost.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery- 1 year
Fixtures and fittings- 10 years
Motor vehicles- 5 years
Computer equipment- 1 year

The carrying values of property plant and equipment are reviewed for impairment when events or changes in circumstances indicate the carrying value may not be recoverable.

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.


EDMUNDS RICHMOND LIMITED (REGISTERED NUMBER: 01885343)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 August 2023


3. ACCOUNTING POLICIES - continued
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.

Development costs
Expenditure on the development of new projects is written off in the year in which it is incurred.

Financial instruments
The company has chosen to adopt Section 11 of FRS 102 in respect of financial instruments as it has only basic financial instruments.

Basic financial assets
Other debtors and bank balances, which are due within one year are initially recognised at transaction price and subsequently carried at amortised cost being the transaction price less any amounts settled and any impairment losses.

A financial asset is derecognised only when the contractual rights to cash flows expire or are settled, or substantially all the risks and rewards of ownership are transferred to another party, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Basic financial liabilities
Financial liabilities are classified as liabilities and equity instruments according to the substance of the contractual arrangements entered into an equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Trade creditors and other creditors are initially recognised at transaction price and subsequently carried at amortised cost, being transaction price less any amounts settled.

Other loans are initially recognised at the transaction price, including transaction costs and subsequently measured at amortised cost using the effective interest method. Interest expense is recognised on the basis of the effective interest method and is included in interest payable and other similar charges.

Basic financial liabilities are derecognised when the contractual obligation is discharged, cancelled or expired.

Equity instruments
The share capital of the company is classified as equity and recorded at fair value of the cash or other resources received or receivable, net of direct costs of issuing the equity instruments.

Cash and cash equivalents
Cash and cash equivalents in the balance sheet comprise cash at banks and in hand and short term deposits with an original maturity date of three months or less.

EDMUNDS RICHMOND LIMITED (REGISTERED NUMBER: 01885343)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 August 2023


4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 September 2022
and 31 August 2023 9,449 54,803 591 20,582 85,425
DEPRECIATION
At 1 September 2022
and 31 August 2023 9,449 54,803 591 20,582 85,425
NET BOOK VALUE
At 31 August 2023 - - - - -
At 31 August 2022 - - - - -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 54 110
Prepayments and accrued income 162 162
216 272

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 28 -
Director's loan account 2,707 406
Accruals 1,000 1,500
3,735 1,906

Amounts owed to the director is unsecured, interest free, has no fixed date of repayment and is repayable on demand.

EDMUNDS RICHMOND LIMITED (REGISTERED NUMBER: 01885343)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 August 2023


8. CALLED UP SHARE CAPITAL

Alloted, issued and fully paid:
Number Class Nominal 2023 2022
Value £ £
50,990 Ordinary £1 50,990 50,990
7 'A' Ordinary £1 7 7
1 'B' Ordinary £1 1 1
1 'C' Ordinary £1 1 1
1 'D' Ordinary £1 1 1
51,000 51000


The board can decide to award differing dividends to the share classes. The various types of shares in the company rank equally for voting rights.

9. RELATED PARTY DISCLOSURES

H R Edmunds

Included in creditors is a directors loan account due to H R Edmunds. The loan is unsecured and there are no fixed terms relating to interest or date of payment.

At 31 August 2023 the company owed £2,707 (2022: £406) to H R Edmunds in relation to the loan.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is H R Edmunds, who is the sole director.