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REGISTERED NUMBER: 05443687 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

RICHARD WADEY LIMITED

RICHARD WADEY LIMITED (REGISTERED NUMBER: 05443687)

Contents of the Financial Statements
for the Year Ended 31 May 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

RICHARD WADEY LIMITED

Company Information
for the Year Ended 31 May 2024







DIRECTOR: R Wadey





REGISTERED OFFICE: Greendene Cottage
Honeysuckle Bottom
East Horsley
Surrey
KT24 5TD





REGISTERED NUMBER: 05443687 (England and Wales)





ACCOUNTANTS: Russell & Co
Station House
Station Approach
East Horsley
Leatherhead
Surrey
KT24 6QX

RICHARD WADEY LIMITED (REGISTERED NUMBER: 05443687)

Balance Sheet
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,218 12,290

CURRENT ASSETS
Debtors 5 38,610 600
Cash at bank and in hand 225 7,885
38,835 8,485
CREDITORS
Amounts falling due within one year 6 19,965 12,643
NET CURRENT ASSETS/(LIABILITIES) 18,870 (4,158 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

28,088

8,132

CREDITORS
Amounts falling due after more than one
year

7

4,478

5,156
NET ASSETS 23,610 2,976

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 23,609 2,975
SHAREHOLDERS' FUNDS 23,610 2,976

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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.

RICHARD WADEY LIMITED (REGISTERED NUMBER: 05443687)

Balance Sheet - continued
31 May 2024


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 4 November 2024 and were signed by:





R Wadey - Director


RICHARD WADEY LIMITED (REGISTERED NUMBER: 05443687)

Notes to the Financial Statements
for the Year Ended 31 May 2024


1. STATUTORY INFORMATION

Richard Wadey 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 25% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Equipment
£   
COST
At 1 June 2023
and 31 May 2024 52,444
DEPRECIATION
At 1 June 2023 40,154
Charge for year 3,072
At 31 May 2024 43,226
NET BOOK VALUE
At 31 May 2024 9,218
At 31 May 2023 12,290

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 38,610 600

RICHARD WADEY LIMITED (REGISTERED NUMBER: 05443687)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 1,229
Taxation and social security 19,214 10,664
Other creditors 751 750
19,965 12,643

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 3,915 5,021
Other creditors 563 135
4,478 5,156

RICHARD WADEY LIMITED

Report of the Accountants to the Director of
Richard Wadey Limited


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 May 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Russell & Co
Station House
Station Approach
East Horsley
Leatherhead
Surrey
KT24 6QX


Date: .............................................