IRIS Accounts Production v25.3.0.601 00230071 Board of Directors 1.5.24 30.4.25 30.4.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 00230071 2024-04-30 00230071 2025-04-30 00230071 2024-05-01 2025-04-30 00230071 2023-04-30 00230071 2023-05-01 2024-04-30 00230071 2024-04-30 00230071 ns15:EnglandWales 2024-05-01 2025-04-30 00230071 ns14:PoundSterling 2024-05-01 2025-04-30 00230071 ns10:Director1 2024-05-01 2025-04-30 00230071 ns10:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 00230071 ns10:SmallEntities 2024-05-01 2025-04-30 00230071 ns10:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 00230071 ns10:SmallCompaniesRegimeForDirectorsReport 2024-05-01 2025-04-30 00230071 ns10:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 00230071 ns10:FullAccounts 2024-05-01 2025-04-30 00230071 ns10:Director2 2024-05-01 2025-04-30 00230071 ns10:CompanySecretary1 2024-05-01 2025-04-30 00230071 ns10:RegisteredOffice 2024-05-01 2025-04-30 00230071 ns5:CurrentFinancialInstruments 2025-04-30 00230071 ns5:CurrentFinancialInstruments 2024-04-30 00230071 ns5:ShareCapital 2025-04-30 00230071 ns5:ShareCapital 2024-04-30 00230071 ns5:RevaluationReserve 2025-04-30 00230071 ns5:RevaluationReserve 2024-04-30 00230071 ns5:RetainedEarningsAccumulatedLosses 2025-04-30 00230071 ns5:RetainedEarningsAccumulatedLosses 2024-04-30 00230071 ns5:LandBuildings 2024-04-30 00230071 ns5:PlantMachinery 2024-04-30 00230071 ns5:LandBuildings 2024-05-01 2025-04-30 00230071 ns5:PlantMachinery 2024-05-01 2025-04-30 00230071 ns5:LandBuildings 2025-04-30 00230071 ns5:PlantMachinery 2025-04-30 00230071 ns5:LandBuildings 2024-04-30 00230071 ns5:PlantMachinery 2024-04-30 00230071 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-04-30 00230071 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-04-30

REGISTERED NUMBER: 00230071 (England and Wales)

Unaudited Financial Statements for the Year Ended 30th April 2025

for

T E Richardson & Co Limited

T E Richardson & Co Limited (Registered number: 00230071)

Contents of the Financial Statements

for the year ended 30th April 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

T E Richardson & Co Limited

Company Information

for the year ended 30th April 2025

| DIRECTORS: | Mrs S E Richardson

| T E Richardson Jnr

| SECRETARY: | Ms M F Richardson

| REGISTERED OFFICE: | 12 Rodney Road

| London

| E11 2DE

| REGISTERED NUMBER: | 00230071 (England and Wales)

| ACCOUNTANTS: | Smailes Goldie

| Chartered Accountants

| Regent's Court

| Princess Street

| Hull

| East Yorkshire HU2 8BA

T E Richardson & Co Limited (Registered number: 00230071)

Balance Sheet

30th April 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 7,601 |  | 7,632 |  |

CURRENT ASSETS

Stocks | - |  | 10,821 |  |

Debtors | 5 | 15,232 |  | 10,146 |  |

Cash at bank and in hand | 61,189 |  | 62,424 |  |

76,421 |  | 83,391 |  |

CREDITORS

Amounts falling due within one year | 6 | 27,444 |  | 14,178 |  |

NET CURRENT ASSETS | 48,977 |  | 69,213 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 56,578 |  | 76,845 |  |

CAPITAL AND RESERVES

Called up share capital | 2,750 |  | 2,750 |  |

Capital reserve | 3,990 |  | 3,990 |  |

Retained earnings | 49,838 |  | 70,105 |  |

SHAREHOLDERS' FUNDS | 56,578 |  | 76,845 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2025 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26th August 2025 and were signed on its behalf by:

Mrs S E Richardson - Director

T E Richardson & Co Limited (Registered number: 00230071)

Notes to the Financial Statements

for the year ended 30th April 2025

1. | STATUTORY INFORMATION

| T E Richardson & Co 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 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.

| Turnover

| Turnover represents sales of farm produce and farm subsidies net of VAT and trade discounts. Turnover is recognised when the economic risks and rewards pass to third parties.

| Tangible fixed assets

| Depreciation is calculated on the reducing balance method and aims to write down the cost of all fixed assets over their expected useful lives: The rates generally applicable are:-

| Freehold premises | 12.5% on drainage schemes and certain |

| buildings and 4% on other buildings |

| Plant and equipment | 12.5% |

| Stocks

| Stocks, including biological assets, are stated at the lower of cost and net realisable value. Cost is determined using the first-in, first-out (FIFO) method and represents costs incurred to date to bring growing crops and finished produce to its current state. Net realisable value is estimated selling price in the ordinary course of business, less applicable variable selling expenses.

| Taxation

| Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

| Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

| Grants

| Grants of a revenue nature which are made to finance general activities over a specific period or to compensate for a loss of a current or future income are credited to the profit and loss account in the period in which they are received.

T E Richardson & Co Limited (Registered number: 00230071)

Notes to the Financial Statements - continued

for the year ended 30th April 2025

2. | ACCOUNTING POLICIES - continued

| Impairment

| Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

| Debtors and creditors receivable/ payable within one year

| Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 3 (2024 - 3 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| At 1st May 2024

| and 30th April 2025 | 15,475 |  | 1,430 |  | 16,905 |  |

| DEPRECIATION

| At 1st May 2024 | 8,094 |  | 1,179 |  | 9,273 |  |

| Charge for year | - |  | 31 |  | 31 |  |

| At 30th April 2025 | 8,094 |  | 1,210 |  | 9,304 |  |

| NET BOOK VALUE

| At 30th April 2025 | 7,381 |  | 220 |  | 7,601 |  |

| At 30th April 2024 | 7,381 |  | 251 |  | 7,632 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other debtors | 15,232 |  | 10,146 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 6,212 |  | 2,203 |  |

| Other creditors | 21,232 |  | 11,975 |  |

27,444 |  | 14,178 |  |