Company Registration No. 08591436 (England and Wales)
RICHBRIDGE RESIDENTIAL LIMITED
Unaudited accounts
for the year ended 30 April 2024
RICHBRIDGE RESIDENTIAL LIMITED
Unaudited accounts
Contents
RICHBRIDGE RESIDENTIAL LIMITED
Company Information
for the year ended 30 April 2024
Company Number
08591436 (England and Wales)
Registered Office
Unit 4, First Floor
Colindeep Lane
London
NW9 6BX
Accountants
MAP Accounting Limited
26 Oakfield Avenue
Harrow
HA3 8TJ
RICHBRIDGE RESIDENTIAL LIMITED
Statement of financial position
as at 30 April 2024
Investment property
359,927
359,927
Cash at bank and in hand
19,842
4,530
Creditors: amounts falling due within one year
(87,542)
-
Net current assets
548,169
201,703
Total assets less current liabilities
990,832
644,452
Creditors: amounts falling due after more than one year
(213,387)
(213,387)
Net assets
777,445
431,065
Called up share capital
1
1
Revaluation reserve
11,069
11,069
Profit and loss account
766,375
419,995
Shareholders' funds
777,445
431,065
For the year ending 30 April 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 director acknowledges his 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 and authorised for issue on 7 November 2024 and were signed on its behalf by
Martin Fried
Director
Company Registration No. 08591436
RICHBRIDGE RESIDENTIAL LIMITED
Notes to the Accounts
for the year ended 30 April 2024
RICHBRIDGE RESIDENTIAL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08591436. The registered office is Unit 4, First Floor, Colindeep Lane, London, NW9 6BX.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Computer equipment
33% on reducing balance
4
Tangible fixed assets
Computer equipment
Fair value at 1 May 2023
359,927
RICHBRIDGE RESIDENTIAL LIMITED
Notes to the Accounts
for the year ended 30 April 2024
6
Investments
Other investments
Valuation at 1 May 2023
82,562
Valuation at 30 April 2024
82,562
Amounts falling due within one year
Trade debtors
100,395
44,000
Amounts falling due after more than one year
Other debtors
515,474
113,987
8
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
41,919
-
9
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
213,387
213,387
10
Transactions with related parties
Director: Martin Fried
Salary £12,540
Dividends £35,000
11
Average number of employees
During the year the average number of employees was 3 (2023: 3).