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REGISTERED NUMBER: 00534229 (England and Wales)












C E RICHARDSON LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 8 JUNE 2024






C E RICHARDSON LIMITED (REGISTERED NUMBER: 00534229)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 8 JUNE 2024










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


C E RICHARDSON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 8 JUNE 2024







DIRECTORS: D Richardson
S B Richardson
E D Richardson





REGISTERED OFFICE: Church View House
Church Farm
Deeping St Nicholas
Spalding
Lincolnshire
PE11 3ET





REGISTERED NUMBER: 00534229 (England and Wales)





ACCOUNTANTS: Dexter & Sharpe (Boston)
The Old Vicarage
Church Close
Boston
Lincolnshire
PE21 6NA

C E RICHARDSON LIMITED (REGISTERED NUMBER: 00534229)

BALANCE SHEET
8 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 1,384,933 1,416,470

CURRENT ASSETS
Stocks 4 544,872 477,639
Debtors 5 30,538 63,185
Cash at bank and in hand 805,290 813,100
1,380,700 1,353,924
CREDITORS
Amounts falling due within one year 6 209,203 217,990
NET CURRENT ASSETS 1,171,497 1,135,934
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,556,430

2,552,404

CREDITORS
Amounts falling due after more than one
year

7

-

(12,000

)

PROVISIONS FOR LIABILITIES (115,030 ) (122,517 )
NET ASSETS 2,441,400 2,417,887

CAPITAL AND RESERVES
Called up share capital 27,334 27,334
Retained earnings 2,414,066 2,390,553
2,441,400 2,417,887

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 8 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 8 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

C E RICHARDSON LIMITED (REGISTERED NUMBER: 00534229)

BALANCE SHEET - continued
8 JUNE 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 December 2024 and were signed on its behalf by:




D Richardson - Director



S B Richardson - Director


C E RICHARDSON LIMITED (REGISTERED NUMBER: 00534229)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 8 JUNE 2024


1. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 4 ) .

C E RICHARDSON LIMITED (REGISTERED NUMBER: 00534229)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 8 JUNE 2024


3. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 9 June 2023 1,013,254 1,437,798 2,451,052
Additions - 63,465 63,465
At 8 June 2024 1,013,254 1,501,263 2,514,517
DEPRECIATION
At 9 June 2023 90,033 944,549 1,034,582
Charge for year 1,392 93,610 95,002
At 8 June 2024 91,425 1,038,159 1,129,584
NET BOOK VALUE
At 8 June 2024 921,829 463,104 1,384,933
At 8 June 2023 923,221 493,249 1,416,470

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 9 June 2023
and 8 June 2024 243,719
DEPRECIATION
At 9 June 2023 123,229
Charge for year 30,122
At 8 June 2024 153,351
NET BOOK VALUE
At 8 June 2024 90,368
At 8 June 2023 120,490

4. STOCKS
2024 2023
£    £   
Tenantright etc. 544,872 477,639

C E RICHARDSON LIMITED (REGISTERED NUMBER: 00534229)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 8 JUNE 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 31,851
Prepayments 7,884 10,234
Other debtors 15,914 13,424
VAT 6,740 7,676
30,538 63,185

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 12,000 25,473
Trade creditors 91,870 76,239
Tax 20,687 34,087
Social security and other taxes 2,455 -
Accruals and deferred income 82,191 82,191
209,203 217,990

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts - 12,000

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 12,000 37,473