Acorah Software Products - Accounts Production 16.4.675 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 04701192 W H Richardson K P Richardson N S Richardson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04701192 2024-03-31 04701192 2025-03-31 04701192 2024-04-01 2025-03-31 04701192 frs-core:CurrentFinancialInstruments 2025-03-31 04701192 frs-core:Non-currentFinancialInstruments 2025-03-31 04701192 frs-core:FurnitureFittings 2025-03-31 04701192 frs-core:FurnitureFittings 2024-04-01 2025-03-31 04701192 frs-core:FurnitureFittings 2024-03-31 04701192 frs-core:MotorVehicles 2025-03-31 04701192 frs-core:MotorVehicles 2024-04-01 2025-03-31 04701192 frs-core:MotorVehicles 2024-03-31 04701192 frs-core:PlantMachinery 2025-03-31 04701192 frs-core:PlantMachinery 2024-04-01 2025-03-31 04701192 frs-core:PlantMachinery 2024-03-31 04701192 frs-core:ShareCapital 2025-03-31 04701192 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 04701192 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04701192 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 04701192 frs-bus:SmallEntities 2024-04-01 2025-03-31 04701192 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 04701192 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 04701192 frs-bus:Director1 2024-04-01 2025-03-31 04701192 frs-bus:Director2 2024-04-01 2025-03-31 04701192 frs-bus:Director3 2024-04-01 2025-03-31 04701192 frs-countries:EnglandWales 2024-04-01 2025-03-31 04701192 2023-03-31 04701192 2024-03-31 04701192 2023-04-01 2024-03-31 04701192 frs-core:CurrentFinancialInstruments 2024-03-31 04701192 frs-core:Non-currentFinancialInstruments 2024-03-31 04701192 frs-core:ShareCapital 2024-03-31 04701192 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 04701192
Richardson & Sons Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
RT Accountancy Services Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04701192
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 10,915 13,745
10,915 13,745
CURRENT ASSETS
Stocks 5 5,700 93,734
Debtors 6 3,815 24,219
Cash at bank and in hand 293,593 169,121
303,108 287,074
Creditors: Amounts Falling Due Within One Year 7 (94,941 ) (78,651 )
NET CURRENT ASSETS (LIABILITIES) 208,167 208,423
TOTAL ASSETS LESS CURRENT LIABILITIES 219,082 222,168
Creditors: Amounts Falling Due After More Than One Year 8 (1,745 ) (12,072 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,729 ) (3,369 )
NET ASSETS 214,608 206,727
CAPITAL AND RESERVES
Called up share capital 9 115 115
Profit and Loss Account 214,493 206,612
SHAREHOLDERS' FUNDS 214,608 206,727
Page 1
Page 2
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 directors acknowledge their 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
W H Richardson
Director
04/06/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Richardson & Sons Limited 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.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These 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 represents amounts receivable for goods and services net of VAT and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and Equipment 25% on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures, Fittings and Equipment 25% on reducing balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value.
2.5. Taxation
Taxation for the year comprises current and deferred tax.  Tax is recognised in the Statement of Income and Retained Earnings, 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
2.6. Pensions
The company makes regular contributions to the personal pension schemes of  Mr K P Richardson and 
Mr N S Richardson.  Payments are charged to the profit and loss account in the period to which they relate.
3. Average Number of Employees
The average number of employees, including directors, during the year was: 4 (2024: 4)
4 4
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4. Tangible Assets
Plant and Equipment Motor Vehicles Fixtures, Fittings and Equipment Total
£ £ £ £
Cost
As at 1 April 2024 9,154 27,185 2,333 38,672
Additions 808 - - 808
As at 31 March 2025 9,962 27,185 2,333 39,480
Depreciation
As at 1 April 2024 8,343 14,733 1,851 24,927
Provided during the period 405 3,113 120 3,638
As at 31 March 2025 8,748 17,846 1,971 28,565
Net Book Value
As at 31 March 2025 1,214 9,339 362 10,915
As at 1 April 2024 811 12,452 482 13,745
5. Stocks
2025 2024
£ £
Stock and Work in progress 5,700 93,734
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 20,000
Other debtors 3,815 4,219
3,815 24,219
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 41,380 34,019
Bank loans and overdrafts 10,472 10,347
Other creditors 14,292 13,736
Taxation and social security 28,797 20,549
94,941 78,651
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 1,745 12,072
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9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 115 115
10. Directors Advances, Credits and Guarantees
Included in other creditors is an amount of £10,098.81 (2024 - £9742.81) due to Mr W H Richardson and
£2,142.70 (2024 - £2,142.70) due to Mr N S Richardson.  The amounts are interest free and repayable on demand.
11. Related Party Transactions
During the year the company sold services to the value of £80,000.00 to Mr W H Richardson a director of the company.
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