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REGISTERED NUMBER: 03789912 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31 January 2025

for

RICHARD JAMES (HOLDINGS) LTD.

RICHARD JAMES (HOLDINGS) LTD. (REGISTERED NUMBER: 03789912)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 JANUARY 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RICHARD JAMES (HOLDINGS) LTD.

Company Information
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTORS: R James
B Wickenden
A James
G Wickenden





SECRETARY: B Wickenden





REGISTERED OFFICE: Bath House
6-8 Bath Street
Bristol
BS1 6HL





REGISTERED NUMBER: 03789912 (England and Wales)





ACCOUNTANTS: Gravita
Chartered Accountants
6-8 Bath Street
Bristol
BS1 6HL

RICHARD JAMES (HOLDINGS) LTD. (REGISTERED NUMBER: 03789912)

Balance Sheet
31 JANUARY 2025

2025 2024
Notes £    £   
FIXED ASSETS
Investments 4 113,560 101,896
Investment property 5 182,761 182,761
296,321 284,657

CURRENT ASSETS
Debtors 6 45,310 305
Cash at bank 38,500 39,099
83,810 39,404
CREDITORS
Amounts falling due within one year 7 (122,122 ) (73,538 )
NET CURRENT LIABILITIES (38,312 ) (34,134 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

258,009

250,523

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 14,415 -
Retained earnings 243,494 250,423
SHAREHOLDERS' FUNDS 258,009 250,523

RICHARD JAMES (HOLDINGS) LTD. (REGISTERED NUMBER: 03789912)

Balance Sheet - continued
31 JANUARY 2025


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

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

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 July 2025 and were signed on its behalf by:





R James - Director


RICHARD JAMES (HOLDINGS) LTD. (REGISTERED NUMBER: 03789912)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 JANUARY 2025


1. COMPANY INFORMATION

Richard James (Holdings) Ltd. 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.

The principal activity of the company in the year under review was that of a management holding company.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared on the historical cost convention. The principal accounting policies adopted are set out below.

Going concern
The financial statements have been prepared on a going concern basis. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. On this basis, the directors have concluded that they can continue to adopt the going concern basis in preparing the financial statements.

Turnover
Turnover represents the total invoice value, excluding value added tax, of sales made during the year 31 January 2025 and derives from the provision of services falling within the company's ordinary activities.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks and other short-term liquid investments with original maturities of three months or less.

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

RICHARD JAMES (HOLDINGS) LTD. (REGISTERED NUMBER: 03789912)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JANUARY 2025


2. ACCOUNTING POLICIES - continued
Basic financial assets
Basic financial assets, which include trade and other debtors, amounts due from group undertakings and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost. Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Basic financial liabilities
Basic financial liabilities, including trade and other creditors and amounts due to group undertakings are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Financial liabilities are derecognised when, and only when, the company's contractual obligations are discharged, cancelled, or they expire.

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 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 6 (2024 - 6 ) .

RICHARD JAMES (HOLDINGS) LTD. (REGISTERED NUMBER: 03789912)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JANUARY 2025


4. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST OR VALUATION
At 1 February 2024 100 101,796 101,896
Additions - 1,939 1,939
Disposals - (238 ) (238 )
Revaluations - 9,963 9,963
At 31 January 2025 100 113,460 113,560
NET BOOK VALUE
At 31 January 2025 100 113,460 113,560
At 31 January 2024 100 101,796 101,896

On a historical cost basis other investments would have been included at an original cost of £99,045 (2024 - 97,355).

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2024
and 31 January 2025 182,761
NET BOOK VALUE
At 31 January 2025 182,761
At 31 January 2024 182,761

In the directors opinion, the fair value of the investment property, as at 31 January 2025, is similar to that of the historical cost.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Amounts owed by group undertakings 45,007 30
Prepayments 303 275
45,310 305

RICHARD JAMES (HOLDINGS) LTD. (REGISTERED NUMBER: 03789912)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JANUARY 2025


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Social security and other taxes 7,959 8,243
VAT 4,600 4,493
Other creditors 4,207 20,119
Directors' current accounts 2,576 40,683
Accruals and deferred income 102,780 -
122,122 73,538

8. CONTINGENT LIABILITIES

Bank borrowings of £111,700 (2024 - £174,871) in Richard James International Limited are secured by a composite guarantee from the company.

9. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.