Acorah Software Products - Accounts Production 16.1.300 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 09141413 Dr Liam Richardson true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09141413 2023-07-31 09141413 2024-07-31 09141413 2023-08-01 2024-07-31 09141413 frs-core:CurrentFinancialInstruments 2024-07-31 09141413 frs-core:Non-currentFinancialInstruments 2024-07-31 09141413 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-07-31 09141413 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-08-01 2024-07-31 09141413 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-07-31 09141413 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-07-31 09141413 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 09141413 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-31 09141413 frs-core:MotorVehicles 2024-07-31 09141413 frs-core:MotorVehicles 2023-08-01 2024-07-31 09141413 frs-core:MotorVehicles 2023-07-31 09141413 frs-core:RevaluationReserve 2023-07-31 09141413 frs-core:RevaluationReserve 2024-07-31 09141413 frs-core:ShareCapital 2024-07-31 09141413 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 09141413 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 09141413 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 09141413 frs-bus:SmallEntities 2023-08-01 2024-07-31 09141413 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 09141413 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 09141413 1 2023-08-01 2024-07-31 09141413 frs-bus:Director1 2023-08-01 2024-07-31 09141413 frs-countries:EnglandWales 2023-08-01 2024-07-31 09141413 2022-07-31 09141413 2023-07-31 09141413 2022-08-01 2023-07-31 09141413 frs-core:CurrentFinancialInstruments 2023-07-31 09141413 frs-core:Non-currentFinancialInstruments 2023-07-31 09141413 frs-core:RevaluationReserve 2023-07-31 09141413 frs-core:ShareCapital 2023-07-31 09141413 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 09141413
Richardson Realty Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Bliss Accounting Services Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09141413
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 486,495 465,000
486,495 465,000
CURRENT ASSETS
Cash at bank and in hand 82,110 130,833
82,110 130,833
Creditors: Amounts Falling Due Within One Year 5 (960 ) (2,260 )
NET CURRENT ASSETS (LIABILITIES) 81,150 128,573
TOTAL ASSETS LESS CURRENT LIABILITIES 567,645 593,573
Creditors: Amounts Falling Due After More Than One Year 6 (354,602 ) (355,967 )
NET ASSETS 213,043 237,606
CAPITAL AND RESERVES
Called up share capital 7 1 1
Revaluation reserve 9 251,000 251,000
Profit and Loss Account (37,958 ) (13,395 )
SHAREHOLDERS' FUNDS 213,043 237,606
Page 1
Page 2
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Dr Liam Richardson
Director
17/03/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Richardson Realty Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09141413 . The registered office is 82 Woodland Road, Croesyceiliog, Cwmbran, Gwent, NP44 2DU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover 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.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold Revaluation basis
Leasehold Revaluation basis
Motor Vehicles Reducing Balance Basis
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
1 1
4. Tangible Assets
Land & Property
Freehold Leasehold Motor Vehicles Total
£ £ £ £
Cost
As at 1 August 2023 214,000 251,000 - 465,000
Additions - - 21,495 21,495
As at 31 July 2024 214,000 251,000 21,495 486,495
Net Book Value
As at 31 July 2024 214,000 251,000 21,495 486,495
As at 1 August 2023 214,000 251,000 - 465,000
Page 3
Page 4
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 1,300
Other creditors 960 960
960 2,260
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 351,735 351,735
Bounce back loan 2,867 4,232
354,602 355,967
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
8. Dividends
9. Reserves
Revaluation Reserve
£
As at 1 August 2023 251,000
As at 31 July 2024 251,000
10. Ultimate Controlling Party
The company's ultimate controlling party is Dr Liam James RICHARDSON by virtue of his ownership of 100% of the issued
share capital in the company.
Page 4