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Registered number: 08097706
Richards Brown Limited
Unaudited Financial Statements
For The Year Ended 30 June 2025
R Stride & Co LLP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08097706
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 20,961 19,756
Investment Properties 5 784,723 784,723
805,684 804,479
CURRENT ASSETS
Debtors 6 2,178 12,482
Cash at bank and in hand 12,930 11,963
15,108 24,445
Creditors: Amounts Falling Due Within One Year 7 (617,388 ) (592,483 )
NET CURRENT ASSETS (LIABILITIES) (602,280 ) (568,038 )
TOTAL ASSETS LESS CURRENT LIABILITIES 203,404 236,441
NET ASSETS 203,404 236,441
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 203,403 236,440
SHAREHOLDERS' FUNDS 203,404 236,441
Page 1
Page 2
For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Mrs Ada Rebecca Brown
Director
15th July 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Richards Brown Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08097706 . The registered office is The Old Coach House Rear Of Eastville Terrace, Ripon Road, Harrogate, North Yorkshire, HG1 3HJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The 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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 15%
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 July 2024 30,837
Additions 4,904
As at 30 June 2025 35,741
Depreciation
As at 1 July 2024 11,081
Provided during the period 3,699
As at 30 June 2025 14,780
...CONTINUED
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Page 4
Net Book Value
As at 30 June 2025 20,961
As at 1 July 2024 19,756
5. Investment Property
2025
£
Fair Value
As at 1 July 2024 and 30 June 2025 784,723
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 2,178 -
Other debtors - 12,482
2,178 12,482
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 219,960 211,617
Other creditors 397,428 380,866
617,388 592,483
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 4