5045416falseantique dealing2023-03-012024-02-28http://www.companieshouse.gov.uk/2023-02-28http://www.companieshouse.gov.uk/cd:CompanySecretary12023-03-012024-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2023-02-28http://www.companieshouse.gov.uk/cd:Director12023-03-012024-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2024-02-28http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-03-012024-02-28http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-03-012024-02-28http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-03-012024-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-02-28http://www.companieshouse.gov.uk/2023-03-012024-02-28http://www.companieshouse.gov.uk/2023-02-28http://www.companieshouse.gov.uk/cd:FRS1022023-03-012024-02-28http://www.companieshouse.gov.uk/2024-02-28http://www.companieshouse.gov.uk/cd:FullAccounts2023-03-012024-02-28http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-03-012024-02-28iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 5045416

Richard Steenberg Limited

ACCOUNTS
FOR THE YEAR ENDED 28/02/2024

Prepared By:
N B Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN

Richard Steenberg Limited

ACCOUNTS
FOR THE YEAR ENDED 28/02/2024
DIRECTORS
R S F Steenberg
SECRETARY
Miss S C Lewis
REGISTERED OFFICE
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 5045416
BANKERS
Barclays Bank Plc
ACCOUNTANTS
N B Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN

Richard Steenberg Limited

ACCOUNTS
FOR THEYEARENDED28/02/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Richard Steenberg Limited

BALANCE SHEET AT 28/02/2024
20242023
Notes££
FIXED ASSETS
Tangible assets227,22827,268
CURRENT ASSETS
Stock49,60079,512
Debtors42,6533,413
Cash at bank and in hand2,6236,538
54,87689,463
CREDITORS: Amounts falling due within one year567,262103,676
NET CURRENT LIABILITIES(12,386)(14,213)
TOTAL ASSETS LESS CURRENT LIABILITIES14,84213,055
CREDITORS: Amounts falling due after more than one year67,80013,000
NET ASSETS7,04255
CAPITAL AND RESERVES
Called up share capital8100100
Profit and loss account6,942(45)
SHAREHOLDERS' FUNDS7,04255
For the year ending 28/02/2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 21/02/2024 and signed on their behalf by
.............................
R S F Steenberg
Director

Richard Steenberg Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 28/02/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Computer and Office Equipmentreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
2. TANGIBLE FIXED ASSETS
LeaseholdComputers and Office
PropertiesEquipmentTotal
£££
Cost
At 01/03/202327,0002,72529,725
At 28/02/202427,0002,72529,725
Depreciation
At 01/03/2023-2,4572,457
For the year-4040
At 28/02/2024-2,4972,497
Net Book Amounts
At 28/02/202427,00022827,228
At 28/02/202327,00026827,268

Richard Steenberg Limited

3. STOCK 20242023
££
Stock comprises:
Stock49,60079,512
49,60079,512
4. DEBTORS 20242023
££
Amounts falling due within one year
VAT1,5282,288
Prepayments1,1251,125
2,6533,413
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax4,9082,260
Directors current account54,95494,216
Bank loans5,2005,200
Trade creditors1,2001,000
Accruals1,0001,000
67,262103,676
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (unsecured) >1yr7,80013,000
7,80013,000
7. EMPLOYEES
20242023
No.No.
Average number of employees11

Richard Steenberg Limited

8. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
9. RELATED PARTY TRANSACTIONS
Dividends of £4,000 were paid to the director during the year (2023 - £5,000).
The director received a salary of £9,096 during the year (2023 - £9,075).
At the balance sheet date the company owed £54,954 to the director (2023 - £94,216). The loan is unsecured, interest free and repayable on demand.