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Company Registration No. 06901304 (England and Wales)
Richard Dickson Property Consultancy Ltd Unaudited accounts for the year ended 31 May 2024
Richard Dickson Property Consultancy Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
42,166 
56,722 
Current assets
Debtors
52,502 
31,680 
Cash at bank and in hand
34,305 
72,580 
86,807 
104,260 
Creditors: amounts falling due within one year
(48,492)
(82,943)
Net current assets
38,315 
21,317 
Total assets less current liabilities
80,481 
78,039 
Provisions for liabilities
Deferred tax
(8,012)
- 
Net assets
72,469 
78,039 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
71,469 
77,039 
Shareholders' funds
72,469 
78,039 
For the year ending 31 May 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 24 January 2025 and were signed on its behalf by
Richard Dickson Director Company Registration No. 06901304
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Richard Dickson Property Consultancy Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Richard Dickson Property Consultancy Ltd is a private company, limited by shares, registered in England and Wales, registration number 06901304. The registered office is R J Wilber Chartered Accountants, 28 High Street, Bidford-on-Avon, Alcester, Warwickshire, B50 4AA, England.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Richard Dickson Property Consultancy Ltd Notes to the Accounts for the year ended 31 May 2024
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
56,060 
30,358 
9,189 
95,607 
Additions
- 
- 
1,278 
1,278 
At 31 May 2024
56,060 
30,358 
10,467 
96,885 
Depreciation
At 1 June 2023
14,015 
17,632 
7,238 
38,885 
Charge for the year
10,511 
4,241 
1,082 
15,834 
At 31 May 2024
24,526 
21,873 
8,320 
54,719 
Net book value
At 31 May 2024
31,534 
8,485 
2,147 
42,166 
At 31 May 2023
42,045 
12,726 
1,951 
56,722 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
48,042 
31,680 
Accrued income and prepayments
129 
- 
Other debtors
4,331 
- 
52,502 
31,680 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,183 
8,833 
Trade creditors
168 
- 
Taxes and social security
71,290 
61,613 
Loans from directors
(25,524)
11,697 
Accruals
375 
800 
48,492 
82,943 
7
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
8,012 
- 
2024 
2023 
£ 
£ 
Charged to the profit and loss account
8,012 
- 
Provision at end of year
8,012 
- 
- 4 -
Richard Dickson Property Consultancy Ltd Notes to the Accounts for the year ended 31 May 2024
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
- Ordinary shares of £1 each
- 
1,000 
500 Ordinary A Shares of £1 each
500 
500 
500 Ordinary B Shares of £1 each
500 
500 
1,000 
2,000 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Richard Dickson
Richard Dickson
- 
25,524 
- 
25,524 
- 
25,524 
- 
25,524 
10
Average number of employees
During the year the average number of employees was 1 (2023: 2).
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