2023-02-01 10041563 2024-01-31 10041563 2023-02-01 2024-01-31 10041563 2022-01-31 10041563 2021-03-01 2022-01-31 10041563 uk-core:WithinOneYear 2022-01-31 10041563 uk-core:WithinOneYear 2024-01-31 10041563 uk-core:AfterOneYear 2022-01-31 10041563 uk-core:AfterOneYear 2024-01-31 10041563 uk-core:ShareCapital 2024-01-31 10041563 uk-core:ShareCapital 2022-01-31 10041563 uk-core:RetainedEarningsAccumulatedLosses 2024-01-31 10041563 uk-core:RetainedEarningsAccumulatedLosses 2022-01-31 10041563 uk-bus:Director1 2023-02-01 2024-01-31 10041563 uk-core:ToolsEquipment 2023-02-01 2024-01-31 10041563 uk-core:ComputerEquipment 2023-02-01 2024-01-31 10041563 uk-core:CommercialMotorVehicles 2023-02-01 2024-01-31 10041563 uk-core:ComputerEquipment 2022-01-31 10041563 uk-core:CommercialMotorVehicles 2022-01-31 10041563 uk-core:ToolsEquipment 2022-01-31 10041563 uk-core:InvestmentPropertyIncludedWithinPPE 2022-01-31 10041563 uk-core:InvestmentPropertyIncludedWithinPPE 2023-02-01 2024-01-31 10041563 uk-core:ToolsEquipment 2024-01-31 10041563 uk-core:CommercialMotorVehicles 2024-01-31 10041563 uk-core:ComputerEquipment 2024-01-31 10041563 uk-core:InvestmentPropertyIncludedWithinPPE 2024-01-31 10041563 uk-core:WithinOneYear 2024-01-31 10041563 uk-core:WithinOneYear 2022-01-31 iso4217:GBP xbrli:pure 10041563 uk-bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 10041563 uk-bus:FRS102 2023-02-01 2024-01-31 10041563 uk-bus:FilletedAccounts 2023-02-01 2024-01-31 10041563 uk-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31
Richardson Property Developments Ltd
Registered Number:10041563
For the year ended 31 January 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 January 2024
Richardson Property Developments Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
10041563
As at 31 January 2024
Richardson Property Developments Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
5,940
198,487
2
5,940
198,487
Current assets
Inventories
203,069
431,369
3
Trade and other receivables
4,951
4,870
4
180,916
Cash and cash equivalents
52,984
489,223
388,936
Trade and other payables: amounts falling due within one year
(15,281)
(14,326)
5
373,655
474,897
Net current assets
Total assets less current liabilities
480,837
572,142
Trade and other payables: amounts falling due after more than one
year
(570,402)
(482,072)
6
(1,235)
Net assets/liabilities
1,740
Capital and reserves
Called up share capital
2
2
Retained earnings
(1,237)
1,738
(1,235)
1,740
Shareholders' funds
For the year ended 31 January 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 of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Frazer Richardson Director
These financial statements were approved and authorised for issue by the Board on 30 January 2024 and were signed by:
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4
Registered Number :
10041563
For the year ended 31 January 2024
Richardson Property Developments Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 31 January 2024
Richardson Property Developments Ltd
Notes to the Financial Statements
Statutory Information
Richardson Property Developments Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 10041563.
Registered address:
3 Moatlands
Wickersley
Rotherham
S66 1DQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard
102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The
financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
15% Straight line
33% Straight line
Computer Equipment
25% Reducing balance
Motor Vehicles
2. Property, plant and equipment
Total
Computer
Equipment
Motor Vehicles
Plant and
Machinery
Land and
Buildings
£
£
£
£
£
Cost or valuation
At 01 February 2023
222,682
1,239
29,452
1,505
190,486
-
-
-
(190,486)
Disposals
(190,486)
At 31 January 2024
1,505
29,452
1,239
32,196
-
Provision for depreciation and impairment
At 01 February 2023
24,195
1,048
22,463
684
-
Charge for year
2,061
191
1,747
123
-
At 31 January 2024
26,256
1,239
24,210
807
-
At 31 January 2024
Net book value
-
698
5,242
-
5,940
At 31 January 2023
190,486
821
6,989
191
198,487
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6
For the year ended 31 January 2024
Richardson Property Developments Ltd
Notes to the Financial Statements Continued
3. Inventories
2023
2024
£
£
Stocks
431,369
203,069
4. Trade and other receivables
2023
2024
£
£
Other debtors
4,870
4,951
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
3,440
-
Trade creditors
9,834
13,901
Taxation and social security
402
780
Other creditors
650
600
14,326
15,281
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Other creditors
482,072
570,402
7. Average number of persons employed
During the year the average number of employees was 1 (2022 : 2)
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