REGISTERED NUMBER: 02060441 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

RICHERSON LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Directors:

S A Randeree

Dr A Mahomed

Secretary:

C E Shelley

Registered office:

85 Strand

LONDON

WC2R 0DW

Registered number:

02060441 (England and Wales)

Accountants:

Andertons Europe limited

1st Floor

35-37 Ludgate Hill

London

EC4M 7JN

Fixed assets

Investment property

4

4,180,000

4,622,883

Current assets

Debtors

5

129,009

156,657

Cash in hand

189,809

2,482

318,818

159,139

Creditors

Amounts falling due within one year

6

121,016

92,877

Net current assets

197,802

66,262

Total assets less current liabilities

4,377,802

4,689,145

Creditors

Amounts falling due after more than one year

7

441,224

452,457

Net assets

3,936,578

4,236,688

Capital and reserves

Called up share capital

250,000

250,000

Share premium

50,000

50,000

Retained earnings

3,636,578

3,936,688

3,936,578

4,236,688

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

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

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by:

S A Randeree - Director

1.	Statutory information

RICHERSON 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

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 England" 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.

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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3.	Employees and directors

The average number of employees during the year was 2 (2023 - 2 ) .

4.	Investment property

Total

£

COST OR VALUATION

At 1 January 2024

4,622,883

Additions

900

Revaluations in year

(443,783

)

At 31 December 2024

4,180,000

NET BOOK VALUE

At 31 December 2024

4,180,000

At 31 December 2023

4,622,883

5.

Debtors: amounts falling due within one year

2024

2023

£

£

Trade debtors

129,009

156,657

6.

Creditors: amounts falling due within one year

2024

2023

£

£

Taxation and social security

49,828

31,915

Other creditors

71,188

60,962

121,016

92,877

7.

Creditors: amounts falling due after more than one year

2024

2023

£

£

Other loans

441,224

452,457