2023-08-012024-07-312024-07-31false14225018RICHLAND FAMILY INVESTMENT COMPANY LIMITED2025-02-2468209falseiso4217:GBPxbrli:pure142250182023-08-01142250182024-07-31142250182023-08-012024-07-31142250182022-07-11142250182023-07-31142250182022-07-112023-07-3114225018bus:SmallEntities2023-08-012024-07-3114225018bus:AuditExempt-NoAccountantsReport2023-08-012024-07-3114225018bus:FullAccounts2023-08-012024-07-3114225018bus:PrivateLimitedCompanyLtd2023-08-012024-07-3114225018core:WithinOneYear2024-07-3114225018core:AfterOneYear2024-07-3114225018core:WithinOneYear2023-07-3114225018core:AfterOneYear2023-07-3114225018core:ShareCapital2024-07-3114225018core:SharePremium2024-07-3114225018core:RevaluationReserve2024-07-3114225018core:OtherReservesSubtotal2024-07-3114225018core:RetainedEarningsAccumulatedLosses2024-07-3114225018core:ShareCapital2023-07-3114225018core:SharePremium2023-07-3114225018core:RevaluationReserve2023-07-3114225018core:OtherReservesSubtotal2023-07-3114225018core:RetainedEarningsAccumulatedLosses2023-07-3114225018core:LandBuildings2024-07-3114225018core:PlantMachinery2024-07-3114225018core:Vehicles2024-07-3114225018core:FurnitureFittings2024-07-3114225018core:OfficeEquipment2024-07-3114225018core:NetGoodwill2024-07-3114225018core:IntangibleAssetsOtherThanGoodwill2024-07-3114225018core:ListedExchangeTraded2024-07-3114225018core:UnlistedNon-exchangeTraded2024-07-3114225018core:LandBuildings2023-07-3114225018core:PlantMachinery2023-07-3114225018core:Vehicles2023-07-3114225018core:FurnitureFittings2023-07-3114225018core:OfficeEquipment2023-07-3114225018core:NetGoodwill2023-07-3114225018core:IntangibleAssetsOtherThanGoodwill2023-07-3114225018core:ListedExchangeTraded2023-07-3114225018core:UnlistedNon-exchangeTraded2023-07-3114225018core:LandBuildings2023-08-012024-07-3114225018core:PlantMachinery2023-08-012024-07-3114225018core:Vehicles2023-08-012024-07-3114225018core:FurnitureFittings2023-08-012024-07-3114225018core:OfficeEquipment2023-08-012024-07-3114225018core:NetGoodwill2023-08-012024-07-3114225018core:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-3114225018core:ListedExchangeTraded2023-08-012024-07-3114225018core:UnlistedNon-exchangeTraded2023-08-012024-07-3114225018core:MoreThanFiveYears2023-08-012024-07-3114225018core:Non-currentFinancialInstruments2024-07-3114225018core:Non-currentFinancialInstruments2023-07-3114225018dpl:CostSales2023-08-012024-07-3114225018dpl:DistributionCosts2023-08-012024-07-3114225018core:LandBuildings2023-08-012024-07-3114225018core:PlantMachinery2023-08-012024-07-3114225018core:Vehicles2023-08-012024-07-3114225018core:FurnitureFittings2023-08-012024-07-3114225018core:OfficeEquipment2023-08-012024-07-3114225018dpl:AdministrativeExpenses2023-08-012024-07-3114225018core:NetGoodwill2023-08-012024-07-3114225018core:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-3114225018dpl:GroupUndertakings2023-08-012024-07-3114225018dpl:ParticipatingInterests2023-08-012024-07-3114225018dpl:GroupUndertakingscore:ListedExchangeTraded2023-08-012024-07-3114225018core:ListedExchangeTraded2023-08-012024-07-3114225018dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-08-012024-07-3114225018core:UnlistedNon-exchangeTraded2023-08-012024-07-3114225018dpl:CostSales2022-07-112023-07-3114225018dpl:DistributionCosts2022-07-112023-07-3114225018core:LandBuildings2022-07-112023-07-3114225018core:PlantMachinery2022-07-112023-07-3114225018core:Vehicles2022-07-112023-07-3114225018core:FurnitureFittings2022-07-112023-07-3114225018core:OfficeEquipment2022-07-112023-07-3114225018dpl:AdministrativeExpenses2022-07-112023-07-3114225018core:NetGoodwill2022-07-112023-07-3114225018core:IntangibleAssetsOtherThanGoodwill2022-07-112023-07-3114225018dpl:GroupUndertakings2022-07-112023-07-3114225018dpl:ParticipatingInterests2022-07-112023-07-3114225018dpl:GroupUndertakingscore:ListedExchangeTraded2022-07-112023-07-3114225018core:ListedExchangeTraded2022-07-112023-07-3114225018dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-07-112023-07-3114225018core:UnlistedNon-exchangeTraded2022-07-112023-07-3114225018core:NetGoodwill2024-07-3114225018core:IntangibleAssetsOtherThanGoodwill2024-07-3114225018core:LandBuildings2024-07-3114225018core:PlantMachinery2024-07-3114225018core:Vehicles2024-07-3114225018core:FurnitureFittings2024-07-3114225018core:OfficeEquipment2024-07-3114225018core:AfterOneYear2024-07-3114225018core:WithinOneYear2024-07-3114225018core:ListedExchangeTraded2024-07-3114225018core:UnlistedNon-exchangeTraded2024-07-3114225018core:ShareCapital2024-07-3114225018core:SharePremium2024-07-3114225018core:RevaluationReserve2024-07-3114225018core:OtherReservesSubtotal2024-07-3114225018core:RetainedEarningsAccumulatedLosses2024-07-3114225018core:NetGoodwill2023-07-3114225018core:IntangibleAssetsOtherThanGoodwill2023-07-3114225018core:LandBuildings2023-07-3114225018core:PlantMachinery2023-07-3114225018core:Vehicles2023-07-3114225018core:FurnitureFittings2023-07-3114225018core:OfficeEquipment2023-07-3114225018core:AfterOneYear2023-07-3114225018core:WithinOneYear2023-07-3114225018core:ListedExchangeTraded2023-07-3114225018core:UnlistedNon-exchangeTraded2023-07-3114225018core:ShareCapital2023-07-3114225018core:SharePremium2023-07-3114225018core:RevaluationReserve2023-07-3114225018core:OtherReservesSubtotal2023-07-3114225018core:RetainedEarningsAccumulatedLosses2023-07-3114225018core:NetGoodwill2022-07-1114225018core:IntangibleAssetsOtherThanGoodwill2022-07-1114225018core:LandBuildings2022-07-1114225018core:PlantMachinery2022-07-1114225018core:Vehicles2022-07-1114225018core:FurnitureFittings2022-07-1114225018core:OfficeEquipment2022-07-1114225018core:AfterOneYear2022-07-1114225018core:WithinOneYear2022-07-1114225018core:ListedExchangeTraded2022-07-1114225018core:UnlistedNon-exchangeTraded2022-07-1114225018core:ShareCapital2022-07-1114225018core:SharePremium2022-07-1114225018core:RevaluationReserve2022-07-1114225018core:OtherReservesSubtotal2022-07-1114225018core:RetainedEarningsAccumulatedLosses2022-07-1114225018core:AfterOneYear2023-08-012024-07-3114225018core:WithinOneYear2023-08-012024-07-3114225018core:Non-currentFinancialInstrumentscore:CostValuation2023-08-012024-07-3114225018core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-08-012024-07-3114225018core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-08-012024-07-3114225018core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-08-012024-07-3114225018core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-08-012024-07-3114225018core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-08-012024-07-3114225018core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-08-012024-07-3114225018core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-08-012024-07-3114225018core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-08-012024-07-3114225018core:Non-currentFinancialInstrumentscore:CostValuation2024-07-3114225018core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-07-3114225018core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-07-3114225018core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-07-3114225018core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-07-3114225018core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-07-3114225018core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-07-3114225018core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-07-3114225018core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-07-3114225018core:Non-currentFinancialInstrumentscore:CostValuation2023-07-3114225018core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-07-3114225018core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-07-3114225018core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-07-3114225018core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-07-3114225018core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-07-3114225018core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-07-3114225018core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-07-3114225018core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-07-3114225018bus:Director12023-08-012024-07-3114225018bus:Director22023-08-012024-07-3114225018bus:Director32023-08-012024-07-31

RICHLAND FAMILY INVESTMENT COMPANY LIMITED

Registered Number
14225018
(England and Wales)

Unaudited Financial Statements for the Year ended
31 July 2024

RICHLAND FAMILY INVESTMENT COMPANY LIMITED
Company Information
for the year from 1 August 2023 to 31 July 2024

Directors

JOHNSTON, Robert Andrew
LUTTON, Heather Ruth
WYATT, Alex

Registered Address

C/O A M Wyatt & Co Adlink House
86 The Highway
Hawarden
CH5 3DJ

Registered Number

14225018 (England and Wales)
RICHLAND FAMILY INVESTMENT COMPANY LIMITED
Balance Sheet as at
31 July 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Investments31,1001,100
1,1001,100
Current assets
Debtors9,67312,622
Cash at bank and on hand191,287201,182
200,960213,804
Creditors amounts falling due within one year4(13,826)(29,200)
Net current assets (liabilities)187,134184,604
Total assets less current liabilities188,234185,704
Net assets188,234185,704
Capital and reserves
Called up share capital3,0003,000
Share premium100100
Profit and loss account185,134182,604
Shareholders' funds188,234185,704
The financial statements were approved and authorised for issue by the Board of Directors on 24 February 2025, and are signed on its behalf by:
LUTTON, Heather Ruth
Director
Registered Company No. 14225018
RICHLAND FAMILY INVESTMENT COMPANY LIMITED
Notes to the Financial Statements
for the year ended 31 July 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Revenue from rendering of services
Revenue 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Dividend income
Dividend income is recognised when the right to receive payment is established.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.
Trade and other creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2.Average number of employees

20242023
Average number of employees during the year00
3.Fixed asset investments

Investments in groups1

Total

££
Cost or valuation
At 01 August 231,1001,100
At 31 July 241,1001,100
Net book value
At 31 July 241,1001,100
At 31 July 231,1001,100

Notes

1Investments in group undertakings and participating interests
4.Creditors: amounts due within one year

2024

2023

££
Other creditors12,62628,000
Accrued liabilities and deferred income1,2001,200
Total13,82629,200