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Company Registration No. 7928281 (England and Wales)
Richard Martin FX Limited Unaudited accounts for the year ended 31 March 2025
Richard Martin FX Limited Unaudited accounts Contents
Page
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Richard Martin FX Limited Company Information for the year ended 31 March 2025
Director
Mr R Martin
Company Number
7928281 (England and Wales)
Registered Office
19 Boundary Lane Dickens Heath Solihull West Midlands B90 1TX
Accountants
D J Johnson Accountancy Services Limited 9 Green Bower Drive Woodland Grange Bromsgrove Worcestershire B61 0UN
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Richard Martin FX Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
10,266 
11,927 
Current assets
Inventories
5,075 
6,250 
Debtors
12,271 
2,817 
Cash at bank and in hand
31,489 
114,061 
48,835 
123,128 
Creditors: amounts falling due within one year
(14,316)
(55,647)
Net current assets
34,519 
67,481 
Total assets less current liabilities
44,785 
79,408 
Provisions for liabilities
Deferred tax
(2,567)
(2,982)
Net assets
42,218 
76,426 
Capital and reserves
Called up share capital
20 
20 
Profit and loss account
42,198 
76,406 
Shareholders' funds
42,218 
76,426 
For the year ending 31 March 2025 the company was entitled to exemption from audit 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 May 2025 and were signed on its behalf by
Mr R Martin Director Company Registration No. 7928281
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Richard Martin FX Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Richard Martin FX Limited is a private company, limited by shares, registered in England and Wales, registration number 7928281. The registered office is 19 Boundary Lane, Dickens Heath, Solihull, West Midlands, B90 1TX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance basis
Fixtures & fittings
33% straight line basis
Computer equipment
25% reducing balance basis
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2024
4,481 
4,727 
22,465 
31,673 
Additions
- 
- 
1,761 
1,761 
At 31 March 2025
4,481 
4,727 
24,226 
33,434 
Depreciation
At 1 April 2024
3,145 
4,450 
12,151 
19,746 
Charge for the year
334 
69 
3,019 
3,422 
At 31 March 2025
3,479 
4,519 
15,170 
23,168 
Net book value
At 31 March 2025
1,002 
208 
9,056 
10,266 
At 31 March 2024
1,336 
277 
10,314 
11,927 
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Richard Martin FX Limited Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
9,033 
1,920 
Accrued income and prepayments
988 
297 
Other debtors
2,250 
600 
12,271 
2,817 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
5,526 
5,062 
Taxes and social security
7,391 
49,393 
Loans from directors
489 
547 
Accruals
910 
645 
14,316 
55,647 
7
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
20 Ordinary shares of £1 each
20 
20 
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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