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
Richard Martin FX Limited
Company Information
for the year ended 31 March 2025
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
Richard Martin FX Limited
Statement of financial position
as at 31 March 2025
Tangible assets
10,266
11,927
Cash at bank and in hand
31,489
114,061
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)
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
Richard Martin FX Limited
Notes to the Accounts
for the year ended 31 March 2025
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
At 31 March 2025
4,481
4,727
24,226
33,434
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
At 31 March 2025
1,002
208
9,056
10,266
At 31 March 2024
1,336
277
10,314
11,927
Richard Martin FX Limited
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Accrued income and prepayments
988
297
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
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).