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REGISTERED NUMBER: 04458218 (England and Wales)


















Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Resident Architects Limited

Resident Architects Limited (Registered number: 04458218)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Resident Architects Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: C Parker
B Valido Leach





REGISTERED OFFICE: Suite 16 Beaufort Court
Admirals Way
South Quay
Docklands
London
E14 9XL





REGISTERED NUMBER: 04458218 (England and Wales)





ACCOUNTANTS: RBS Accountants Limited
16 Beaufort Court
Admirals Way
London
Docklands
London
E14 9XL

Resident Architects Limited (Registered number: 04458218)

Statement of Financial Position
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Property, plant and equipment 4 33,188 19,990

CURRENT ASSETS
Debtors 5 288,780 398,831
Cash at bank and in hand 150,321 111,399
439,101 510,230
CREDITORS
Amounts falling due within one year 6 211,055 307,392
NET CURRENT ASSETS 228,046 202,838
TOTAL ASSETS LESS CURRENT
LIABILITIES

261,234

222,828

CREDITORS
Amounts falling due after more than one year 7 (2,935 ) (18,232 )

PROVISIONS FOR LIABILITIES (8,297 ) (4,998 )
NET ASSETS 250,002 199,598

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 249,902 199,498
SHAREHOLDERS' FUNDS 250,002 199,598

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

Resident Architects Limited (Registered number: 04458218)

Statement of Financial Position - continued
31 March 2025


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 24 April 2025 and were signed on its behalf by:





C Parker - Director


Resident Architects Limited (Registered number: 04458218)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Resident Architects Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. 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 represents net invoiced sales of goods and services, excluding value added tax. Turnover is realised in the accounts when the work is performed.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on reducing balance
Computer equipment - 33% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2024 - 20 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2024 61,468 87,378 148,846
Additions 23,459 6,085 29,544
At 31 March 2025 84,927 93,463 178,390
DEPRECIATION
At 1 April 2024 53,371 75,485 128,856
Charge for year 10,413 5,933 16,346
At 31 March 2025 63,784 81,418 145,202
NET BOOK VALUE
At 31 March 2025 21,143 12,045 33,188
At 31 March 2024 8,097 11,893 19,990

Resident Architects Limited (Registered number: 04458218)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 238,780 266,831
Other debtors 50,000 50,000
Prepayments and accrued income - 82,000
288,780 398,831

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 16,531 89,114
Trade creditors 3,206 -
Amounts owed to group undertakings - 4,984
Tax 32,881 20,693
Social security and other taxes 21,016 38,180
VAT 69,471 105,468
Other creditors 9,826 7,452
Directors' current accounts 624 1,763
Deferred income 25,000 -
Accrued expenses 32,500 39,738
211,055 307,392

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Bank loans - 2-5 years 2,935 18,232

The CBIL loan is over a 5 year term and repayable over 4 year from April 2022.

8. RELATED PARTY DISCLOSURES

IOA holdings limited is the 100% shareholder of the company.

9. ULTIMATE CONTROLLING PARTY

Inside Out Architecture trustees limited is the controlling party.