REGISTERED NUMBER: 10979256 (England and Wales)

Financial Statements

for the Year Ended

30 September 2024

for

Ricard Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

P Ricard

REGISTERED OFFICE:

c/o Parker Cavendish, Suite 301

Stanmore Business and Innovation Centre

Howard Road

Stanmore

Middlesex

HA7 1FW

REGISTERED NUMBER:

10979256 (England and Wales)

ACCOUNTANTS:

Parker Cavendish

Chartered Accountants

Suite 301, Stanmore Business

and Innovation Centre

Howard Road

Stanmore

Middlesex

HA7 1FW

FIXED ASSETS

Investments

4

301,166

273,597

CURRENT ASSETS

Debtors

5

242

27

Cash in hand

43,249

34,760

43,491

34,787

CREDITORS

Amounts falling due within one year

6

249,529

251,106

NET CURRENT LIABILITIES

(206,038

)

(216,319

)

TOTAL ASSETS LESS CURRENT LIABILITIES

95,128

57,278

PROVISIONS FOR LIABILITIES

20,060

14,417

NET ASSETS

75,068

42,861

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

7

74,968

42,761

75,068

42,861

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 September 2025 and were signed by:

P Ricard - Director

1.	STATUTORY INFORMATION

Ricard 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	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 as modified by the revaluation of certain assets.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Fixed asset investments

Listed investments are initially recognised at cost and at each financial year end are measured at fair value with changes in fair value being recognised in the income statement.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Listed

investments

£

COST OR VALUATION

At 1 October 2023

273,597

Additions

81,442

Disposals

(87,480

)

Revaluations

33,607

At 30 September 2024

301,166

NET BOOK VALUE

At 30 September 2024

301,166

At 30 September 2023

273,597

Cost or valuation at 30 September 2024 is represented by:

Listed

investments

£

Valuation in 2024

301,166

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

242

27

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Taxation and social security

100

100

Other creditors

249,429

251,006

249,529

251,106

7.

RESERVES

The retained earnings of £74,968 (2023: £42,761) comprise of distributable reserves of £14,789 (2023: £Nil) and non-distributable reserves of £60,179 (2023: £43,252) which relate to investment revaluations less related deferred tax provision.