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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
Page
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RICHBRIDGE RESIDENTIAL LIMITED Company Information for the year ended 30 April 2024
Director
Martin Fried
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
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RICHBRIDGE RESIDENTIAL LIMITED Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
174 
260 
Investment property
359,927 
359,927 
Investments
82,562 
82,562 
442,663 
442,749 
Current assets
Debtors
615,869 
197,173 
Cash at bank and in hand
19,842 
4,530 
635,711 
201,703 
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 
Capital and reserves
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
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RICHBRIDGE RESIDENTIAL LIMITED Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
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.
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:
Computer equipment
33% on reducing balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 May 2023
1,289 
At 30 April 2024
1,289 
Depreciation
At 1 May 2023
1,029 
Charge for the year
86 
At 30 April 2024
1,115 
Net book value
At 30 April 2024
174 
At 30 April 2023
260 
5
Investment property
2024 
£ 
Fair value at 1 May 2023
359,927 
At 30 April 2024
359,927 
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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 
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
100,395 
44,000 
Other debtors
- 
39,186 
100,395 
83,186 
Amounts falling due after more than one year
Other debtors
515,474 
113,987 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
24,411 
- 
Trade creditors
21,212 
- 
Taxes and social security
41,919 
- 
87,542 
- 
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).
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