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Company Registration No. 12073779 (England and Wales)
Richard Estates Limited Unaudited accounts for the year ended 31 August 2025
Richard Estates Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Richard Estates Limited Company Information for the year ended 31 August 2025
Directors
Richard Pound Michelle Pound
Company Number
12073779 (England and Wales)
Registered Office
16 PRIORY MILL PLYMPTON PLYMOUTH PL7 1WR UNITED KINGDOM
Accountants
M A Walker & Associates Willow Ridge 1 Whitebeam Close Paignton Devon TQ3 3GA
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Richard Estates Limited Statement of financial position as at 31 August 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
10,000 
12,500 
Tangible assets
5
7,153 
9,538 
17,153 
22,038 
Current assets
Cash at bank and in hand
64,685 
55,001 
Creditors: amounts falling due within one year
6
(51,542)
(43,001)
Net current assets
13,143 
12,000 
Net assets
30,296 
34,038 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
30,294 
34,036 
Shareholders' funds
30,296 
34,038 
For the year ending 31 August 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 October 2025 and were signed on its behalf by
Richard Pound Director Company Registration No. 12073779
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Richard Estates Limited Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Richard Estates Limited is a private company, limited by shares, registered in England and Wales, registration number 12073779. The registered office is 16 PRIORY MILL, PLYMPTON, PLYMOUTH, PL7 1WR, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25%
Computer equipment
25%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 September 2024
25,000 
At 31 August 2025
25,000 
Amortisation
At 1 September 2024
12,500 
Charge for the year
2,500 
At 31 August 2025
15,000 
Net book value
At 31 August 2025
10,000 
At 31 August 2024
12,500 
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Richard Estates Limited Notes to the Accounts for the year ended 31 August 2025
5
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2024
38,464 
1,731 
40,195 
At 31 August 2025
38,464 
1,731 
40,195 
Depreciation
At 1 September 2024
29,337 
1,320 
30,657 
Charge for the year
2,282 
103 
2,385 
At 31 August 2025
31,619 
1,423 
33,042 
Net book value
At 31 August 2025
6,845 
308 
7,153 
At 31 August 2024
9,127 
411 
9,538 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
900 
1,771 
Taxes and social security
3,082 
4,956 
Other creditors
4,285 
7,856 
Loans from directors
43,275 
28,418 
51,542 
43,001 
7
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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