1 September 2023 false No description of principal activity Taxfiler 2024.6 12073779business:PrivateLimitedCompanyLtd2023-09-012024-08-31 120737792023-08-31 120737792023-09-012024-08-31 12073779business:AuditExempt-NoAccountantsReport2023-09-012024-08-31 12073779business:FilletedAccounts2023-09-012024-08-31 120737792024-08-31 12073779business:Director12023-09-012024-08-31 12073779business:Director22023-09-012024-08-31 12073779business:RegisteredOffice2023-09-012024-08-31 120737792023-08-31 12073779core:WithinOneYear2024-08-31 12073779core:WithinOneYear2023-08-31 12073779core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 12073779core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 12073779core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 12073779core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 12073779core:PreviouslyStatedAmount2024-08-31 12073779core:PreviouslyStatedAmount2023-08-31 12073779business:SmallEntities2023-09-012024-08-31 12073779countries:EnglandWales2023-09-012024-08-31 12073779core:MotorVehicles2023-09-012024-08-31 12073779core:ComputerEquipment2023-09-012024-08-31 12073779core:Goodwill2023-08-31 12073779core:Goodwill2024-08-31 12073779core:Goodwill2023-09-012024-08-31 12073779core:MotorVehicles2023-08-31 12073779core:ComputerEquipment2023-08-31 12073779core:MotorVehicles2024-08-31 12073779core:ComputerEquipment2024-08-31 120737792022-09-012023-08-31 iso4217:GBP xbrli:pure
Company Registration No. 12073779 (England and Wales)
Richard Estates Limited Unaudited accounts for the year ended 31 August 2024
Richard Estates Limited Unaudited accounts Contents
Page
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Richard Estates Limited Company Information for the year ended 31 August 2024
Directors
Richard Pound Michelle Pound
Company Number
12073779 (England and Wales)
Registered Office
16 PRIORY MILL PLYMPTON PLYMOUTH PL7 1WR UNITED KINGDOM
Accountants
M A Walker & Associates Willow Ridge 1 Whitebeam Close Paignton Devon TQ3 3GA
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Richard Estates Limited Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
12,500 
15,000 
Tangible assets
9,538 
12,718 
22,038 
27,718 
Current assets
Cash at bank and in hand
55,001 
19,221 
Creditors: amounts falling due within one year
(43,001)
(16,347)
Net current assets
12,000 
2,874 
Net assets
34,038 
30,592 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
34,036 
30,590 
Shareholders' funds
34,038 
30,592 
For the year ending 31 August 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 12 November 2024 and were signed on its behalf by
Richard Pound Director Company Registration No. 12073779
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Richard Estates Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Richard Estates Limited is a private company, limited by shares, registered in England and Wales, registration number 12073779. The registered office is 16 PRIORY MILL, PLYMPTON, PLYMOUTH, PL7 1WR, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Motor vehicles
25%
Computer equipment
25%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 September 2023
25,000 
At 31 August 2024
25,000 
Amortisation
At 1 September 2023
10,000 
Charge for the year
2,500 
At 31 August 2024
12,500 
Net book value
At 31 August 2024
12,500 
At 31 August 2023
15,000 
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Richard Estates Limited Notes to the Accounts for the year ended 31 August 2024
5
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2023
38,464 
1,731 
40,195 
At 31 August 2024
38,464 
1,731 
40,195 
Depreciation
At 1 September 2023
26,294 
1,183 
27,477 
Charge for the year
3,043 
137 
3,180 
At 31 August 2024
29,337 
1,320 
30,657 
Net book value
At 31 August 2024
9,127 
411 
9,538 
At 31 August 2023
12,170 
548 
12,718 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
1,771 
973 
Taxes and social security
4,956 
1,758 
Other creditors
7,856 
607 
Loans from directors
28,418 
13,009 
43,001 
16,347 
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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