IRIS Accounts Production v24.2.0.383 10443153 director 1.11.22 31.10.23 31.10.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh104431532022-10-31104431532023-10-31104431532022-11-012023-10-31104431532021-10-31104431532021-11-012022-10-31104431532022-10-3110443153ns15:EnglandWales2022-11-012023-10-3110443153ns14:PoundSterling2022-11-012023-10-3110443153ns10:Director12022-11-012023-10-3110443153ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3110443153ns10:SmallEntities2022-11-012023-10-3110443153ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3110443153ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3110443153ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3110443153ns10:FullAccounts2022-11-012023-10-3110443153ns10:RegisteredOffice2022-11-012023-10-3110443153ns5:CurrentFinancialInstruments2023-10-3110443153ns5:CurrentFinancialInstruments2022-10-3110443153ns5:Non-currentFinancialInstruments2023-10-3110443153ns5:Non-currentFinancialInstruments2022-10-3110443153ns5:ShareCapital2023-10-3110443153ns5:ShareCapital2022-10-3110443153ns5:RetainedEarningsAccumulatedLosses2023-10-3110443153ns5:RetainedEarningsAccumulatedLosses2022-10-3110443153ns5:WithinOneYearns5:CurrentFinancialInstruments2023-10-3110443153ns5:WithinOneYearns5:CurrentFinancialInstruments2022-10-31
REGISTERED NUMBER: 10443153 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

Richland Homes Ltd

Richland Homes Ltd (Registered number: 10443153)






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


Richland Homes Ltd

Company Information
for the Year Ended 31 October 2023







DIRECTOR: Mrs R P Vadsola





REGISTERED OFFICE: 19 Lela Avenue
Hounslow
Middlesex
TW4 7RU





REGISTERED NUMBER: 10443153 (England and Wales)





ACCOUNTANTS: RISHA LTD
Admiral Rodney House
17 Church Street
Walton
Surrey
KT12 2QP

Richland Homes Ltd (Registered number: 10443153)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £   
CURRENT ASSETS
Inventories 282,550 209,850
Debtors 4 458,392 148,134
Cash at bank and in hand 139,210 157,751
880,152 515,735
CREDITORS
Amounts falling due within one year 5 440,376 114,597
NET CURRENT ASSETS 439,776 401,138
TOTAL ASSETS LESS CURRENT
LIABILITIES

439,776

401,138

CREDITORS
Amounts falling due after more than one
year

6

371,627

331,774
NET ASSETS 68,149 69,364

CAPITAL AND RESERVES
Called up share capital (5,233 ) 100
Retained earnings 73,382 69,264
68,149 69,364

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 director acknowledges her 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 31 October 2024 and were signed by:




Mrs R P Vadsola - Director


Richland Homes Ltd (Registered number: 10443153)

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

1. STATUTORY INFORMATION

Richland Homes Ltd 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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing inventories to their present location and condition.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 4 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 388,309 146,459
Other debtors 70,083 1,675
458,392 148,134

Richland Homes Ltd (Registered number: 10443153)

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

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts - 31,550
Trade creditors 222,639 (1 )
Taxation and social security 42,116 36,296
Other creditors 175,621 46,752
440,376 114,597

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
£    £   
Bank loans 371,627 331,774