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REGISTERED NUMBER: 09023819 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

NRich Interior Design Limited

NRich Interior Design Limited (Registered number: 09023819)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NRich Interior Design Limited

Company Information
for the Year Ended 31 October 2023







DIRECTORS: G Richards
Mrs N Richards





REGISTERED OFFICE: 3 Park Square
Leeds
West Yorkshire
LS1 2NE





REGISTERED NUMBER: 09023819 (England and Wales)





ACCOUNTANTS: Charles Stewart & Co Limited
Chartered Accountants
3 Park Square
Leeds
LS1 2NE

NRich Interior Design Limited (Registered number: 09023819)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 23,060 27,514

CURRENT ASSETS
Debtors 5 497 73
Cash at bank and in hand 755 683
1,252 756
CREDITORS
Amounts falling due within one year 6 75,996 73,718
NET CURRENT LIABILITIES (74,744 ) (72,962 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(51,684

)

(45,448

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (51,784 ) (45,548 )
SHAREHOLDERS' FUNDS (51,684 ) (45,448 )

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.

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 2 October 2024 and were signed on its behalf by:





G Richards - Director


NRich Interior Design Limited (Registered number: 09023819)

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

1. STATUTORY INFORMATION

NRich Interior Design 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. 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.

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 etc - 20% on cost

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.

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 - 2 ) .

NRich Interior Design Limited (Registered number: 09023819)

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

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 November 2022
and 31 October 2023 44,535
DEPRECIATION
At 1 November 2022 17,021
Charge for year 4,454
At 31 October 2023 21,475
NET BOOK VALUE
At 31 October 2023 23,060
At 31 October 2022 27,514

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Amounts owed by group undertakings 420 -
VAT 77 73
497 73

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors 15,966 15,908
Amounts owed to group undertakings 59,030 56,810
Accrued expenses 1,000 1,000
75,996 73,718

7. RELATED PARTY DISCLOSURES

At 31 October 2023 the company was owed an amount of £420 (2022: £Nil) from Quadrum Leisure (Sheffield) Limited.

At 31 October 2023 the company owed an amount of £Nil (2022: £51,365) to Quadrum Leisure Ltd, an amount of £Nil (2022: £1,580) to Quadrum Leisure (Sheffield) Limited, an amount of £53,454 (2022: £2,089) to Quadrum Bars Payroll Limited and an amount of £5,576 (2022: £1,776) to GJG Bars Limited.

The Director Mr G Richards is also a director of Quadrum Leisure (Sheffield) Limited, Quadrum Bars Payroll Limited and GJG Bars Limited.

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is G Richards.

NRich Interior Design Limited (Registered number: 09023819)

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

9. IMMEDIATE PARENT UNDERTAKING

The ultimate parent undertaking is GJG Bars Limited.