Company Registration No. 8503242 (England and Wales)
Richardson Export Co Ltd
Unaudited accounts
for the year ended 30 September 2023
Richardson Export Co Ltd
Unaudited accounts
Contents
Richardson Export Co Ltd
Company Information
for the year ended 30 September 2023
Director
Elizabeth Penelope Westhead
Company Number
8503242 (England and Wales)
Registered Office
54 ORMESBY WAY
HARROW
HA3 9SF
Richardson Export Co Ltd
Statement of financial position
as at 30 September 2023
Debtors
1,938,019
1,869,369
Cash at bank and in hand
2,853,394
3,232,628
Creditors: amounts falling due within one year
(4,124,908)
(4,471,848)
Net current assets
666,505
630,149
Net assets
666,505
630,283
Called up share capital
1,000
1,000
Profit and loss account
665,505
629,283
Shareholders' funds
666,505
630,283
For the year ending 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 August 2024 and were signed on its behalf by
Elizabeth Penelope Westhead
Director
Company Registration No. 8503242
Richardson Export Co Ltd
Notes to the Accounts
for the year ended 30 September 2023
Richardson Export Co Ltd is a private company, limited by shares, registered in England and Wales, registration number 8503242. The registered office is 54 ORMESBY WAY, HARROW, HA3 9SF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value of goods and services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives on a straight line basis:
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when they fall due.
Richardson Export Co Ltd
Notes to the Accounts
for the year ended 30 September 2023
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Tangible fixed assets
Computer equipment
At 30 September 2023
1,102
At 30 September 2023
1,102
Amounts falling due within one year
Trade debtors
939,616
1,230,228
Accrued income and prepayments
897,753
596,141
Other debtors
100,650
43,000
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Creditors: amounts falling due within one year
2023
2022
Trade creditors
46,827
13,059
Taxes and social security
11,369
33,138
Other creditors
4,065,162
4,424,901
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
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Average number of employees
During the year the average number of employees was 3 (2022: 3).