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REGISTERED NUMBER: 07009851 (England and Wales)
























Richard Greener Estate Agents
Ltd

Financial Statements for the Year Ended 31st December 2024






Richard Greener Estate Agents
Ltd (Registered number: 07009851)

Contents of the Financial Statements
for the Year Ended 31st December 2024










Page

Company information 1

Abridged balance sheet 2

Notes to the financial statements 4


Richard Greener Estate Agents
Ltd

Company Information
for the Year Ended 31st December 2024







Directors: M B S Greener
R Greener
N Greener





Registered office: 9 Westleigh Office Park
Moulton Park
Northampton
NN3 6BW





Registered number: 07009851 (England and Wales)





Accountants: A.J. Lewis
Chartered Accountant
Lewis & Son Accountants Limited
37 Stoke Road
Blisworth
Northampton
NN7 3BZ

Richard Greener Estate Agents
Ltd (Registered number: 07009851)

Abridged Balance Sheet
31st December 2024

2024 2023
Notes £    £    £   
Fixed assets
Intangible assets 3 - 42,777
Tangible assets 4 45,744 62,360
45,744 105,137

Current assets
Debtors 274,751 252,434
Investments 191,651 175,088
Cash at bank 1,013,102 764,488
1,479,504 1,192,010
Creditors
Amounts falling due within one year 686,157 416,042
Net current assets 793,347 775,968
Total assets less current liabilities 839,091 881,105

Provisions for liabilities 15,678 19,087
Net assets 823,413 862,018

Capital and reserves
Called up share capital 100 100
Retained earnings 823,313 861,918
823,413 862,018

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 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.

Richard Greener Estate Agents
Ltd (Registered number: 07009851)

Abridged Balance Sheet - continued
31st December 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance sheet for the year ended 31st December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7th May 2025 and were signed on its behalf by:





R Greener - Director


Richard Greener Estate Agents
Ltd (Registered number: 07009851)

Notes to the Financial Statements
for the Year Ended 31st December 2024


1. 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.

Revenue recognition
Revenue is recognised on the exchange of the contract for the sale of the property.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of fifteen years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office Equipment - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account for the year in which they are payable to the scheme. Differences between the contributions payable and the contributions actually paid in the year are shown as either accruals or prepayments at the year end.

Richard Greener Estate Agents
Ltd (Registered number: 07009851)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2024


2. Employees and directors

The average number of employees during the year was 9 (2023 - 8 ) .

3. Intangible fixed assets
Totals
£   
Cost
At 1st January 2024
and 31st December 2024 700,000
Amortisation
At 1st January 2024 657,223
Amortisation for year 42,777
At 31st December 2024 700,000
Net book value

At 31st December 2024 -
At 31st December 2023 42,777

4. Tangible fixed assets
Totals
£   
Cost
At 1st January 2024 117,857
Additions 19,908
Disposals (26,095 )
At 31st December 2024 111,670
Depreciation
At 1st January 2024 55,497
Charge for year 10,429
At 31st December 2024 65,926
Net book value
At 31st December 2024 45,744
At 31st December 2023 62,360