IRIS Accounts Production v24.2.0.383 09669084 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh096690842022-12-31096690842023-12-31096690842023-01-012023-12-31096690842021-12-31096690842022-01-012022-12-31096690842022-12-3109669084ns15:EnglandWales2023-01-012023-12-3109669084ns14:PoundSterling2023-01-012023-12-3109669084ns10:Director12023-01-012023-12-3109669084ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3109669084ns10:SmallEntities2023-01-012023-12-3109669084ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3109669084ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3109669084ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3109669084ns10:FullAccounts2023-01-012023-12-310966908412023-01-012023-12-3109669084ns10:OrdinaryShareClass12023-01-012023-12-3109669084ns10:Director32023-01-012023-12-3109669084ns10:RegisteredOffice2023-01-012023-12-3109669084ns5:CurrentFinancialInstruments2023-12-3109669084ns5:CurrentFinancialInstruments2022-12-3109669084ns5:Non-currentFinancialInstruments2023-12-3109669084ns5:Non-currentFinancialInstruments2022-12-3109669084ns5:ShareCapital2023-12-3109669084ns5:ShareCapital2022-12-3109669084ns5:RetainedEarningsAccumulatedLosses2023-12-3109669084ns5:RetainedEarningsAccumulatedLosses2022-12-3109669084ns5:NetGoodwill2023-01-012023-12-3109669084ns5:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3109669084ns5:LeaseholdImprovements2023-01-012023-12-3109669084ns5:MotorVehicles2023-01-012023-12-3109669084ns5:ComputerEquipment2023-01-012023-12-3109669084ns5:NetGoodwill2022-12-3109669084ns5:NetGoodwill2023-12-3109669084ns5:NetGoodwill2022-12-3109669084ns5:LeaseholdImprovements2022-12-3109669084ns5:MotorVehicles2022-12-3109669084ns5:ComputerEquipment2022-12-3109669084ns5:LeaseholdImprovements2023-12-3109669084ns5:MotorVehicles2023-12-3109669084ns5:ComputerEquipment2023-12-3109669084ns5:LeaseholdImprovements2022-12-3109669084ns5:MotorVehicles2022-12-3109669084ns5:ComputerEquipment2022-12-3109669084ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3109669084ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3109669084ns10:OrdinaryShareClass12023-12-31
REGISTERED NUMBER: 09669084 (England and Wales)


















Financial Statements for the Year Ended 31 December 2023

for

RALPH JAMES REDHILL LIMITED

RALPH JAMES REDHILL LIMITED (REGISTERED NUMBER: 09669084)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


RALPH JAMES REDHILL LIMITED

Company Information
for the Year Ended 31 December 2023







DIRECTORS: P J Baker
A Cullum





REGISTERED OFFICE: 39 High Street
Redhill
Surrey
RH1 1RX





REGISTERED NUMBER: 09669084 (England and Wales)





ACCOUNTANTS: BDA Associates Limited
Chartered Accountants
Global House
1 Ashley Avenue
Epsom
Surrey
KT18 5AD

RALPH JAMES REDHILL LIMITED (REGISTERED NUMBER: 09669084)

Statement of Financial Position
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 155,689 179,848
155,689 179,848

CURRENT ASSETS
Debtors 6 207,224 148,707
Cash at bank 59,817 244,084
267,041 392,791
CREDITORS
Amounts falling due within one year 7 148,383 192,098
NET CURRENT ASSETS 118,658 200,693
TOTAL ASSETS LESS CURRENT
LIABILITIES

274,347

380,541

CREDITORS
Amounts falling due after more than one
year

8

(14,901

)

(24,782

)

PROVISIONS FOR LIABILITIES (13,764 ) (16,657 )
NET ASSETS 245,682 339,102

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 245,582 339,002
SHAREHOLDERS' FUNDS 245,682 339,102

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

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

RALPH JAMES REDHILL LIMITED (REGISTERED NUMBER: 09669084)

Statement of Financial Position - continued
31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 September 2024 and were signed on its behalf by:





P J Baker - Director


RALPH JAMES REDHILL LIMITED (REGISTERED NUMBER: 09669084)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of five years.

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.
Improvements to property - 20% on cost
Motor vehicles - 25% on reducing balance
Fixtures and equipment - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

RALPH JAMES REDHILL LIMITED (REGISTERED NUMBER: 09669084)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2022 - 22 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 78,000
AMORTISATION
At 1 January 2023
and 31 December 2023 78,000
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Motor and
property vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2023 157,405 8,266 153,771 319,442
Additions 21,104 - 12,280 33,384
At 31 December 2023 178,509 8,266 166,051 352,826
DEPRECIATION
At 1 January 2023 71,645 4,924 63,025 139,594
Charge for year 29,649 835 27,059 57,543
At 31 December 2023 101,294 5,759 90,084 197,137
NET BOOK VALUE
At 31 December 2023 77,215 2,507 75,967 155,689
At 31 December 2022 85,760 3,342 90,746 179,848

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 139,437 89,488
Amounts owed by related companies 35,553 46,553
Other debtors 32,234 12,666
207,224 148,707

RALPH JAMES REDHILL LIMITED (REGISTERED NUMBER: 09669084)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 23,440 15,789
Taxation and social security 105,208 136,264
Other creditors 9,735 30,045
148,383 192,098

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans 14,901 24,782

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
100 Ordinary £1 100 100