Richmond House Estates Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 03629775

Richmond House Estates Limited

Filleted Unaudited Abridged Financial Statements

31 August 2025

Richmond House Estates Limited

Abridged Financial Statements

Year ended 31 August 2025

Contents	Page

Report to the board of directors on the preparation of the unaudited statutory abridged financial statements	1

Abridged statement of financial position	2

Notes to the abridged financial statements	4

Richmond House Estates Limited

Report to the Board of Directors on the Preparation of the Unaudited Statutory Abridged Financial Statements of Richmond House Estates Limited

Year ended 31 August 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abridged financial statements of Richmond House Estates Limited for the year ended 31 August 2025, which comprise the abridged statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html. Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

JAY & JAY PARTNERSHIP LIMITED Chartered Certified Accountants

2 Chesterfield Buildings Westbourne Place Clifton Bristol BS8 1RU

27 October 2025

Richmond House Estates Limited

Abridged Statement of Financial Position

31 August 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	4	265,000	265,000

Current assets

Debtors	1,821	1,505
Cash at bank and in hand	4,933	4,258
	-------	-------
	6,754	5,763

Creditors: amounts falling due within one year	100,896	99,538
	---------	--------
Net current liabilities	94,142	93,775
	---------	---------
Total assets less current liabilities	170,858	171,225
	---------	---------
Net assets	170,858	171,225
	---------	---------

Capital and reserves

Called up share capital	2	2
Profit and loss account	170,856	171,223
	---------	---------
Shareholders funds	170,858	171,225
	---------	---------

These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .

All of the members have consented to the preparation of the abridged statement of financial position for the year ending 31 August 2025 in accordance with Section 444(2A) of the Companies Act 2006.

Richmond House Estates Limited

Abridged Statement of Financial Position (continued)

31 August 2025

These abridged financial statements were approved by the board of directors and authorised for issue on 24 October 2025 , and are signed on behalf of the board by:

Mr A. Cashman	Mr P. Cashman
Director	Director

Company registration number: 03629775

Richmond House Estates Limited

Notes to the Abridged Financial Statements

Year ended 31 August 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Richmond House, Avonmouth Way, Bristol, BS11 8DE.

2. Statement of compliance

These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The abridged financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover shown in the income statement represents rental income derived from letting the company's investment property.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss. If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property, it shall be transferred to tangible assets and treated as such until it is expected that fair value will be reliably measurable on an on-going basis. Depreciation is not charged on the property as required by the Companies Act and FRS 102.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Tangible assets

	£
Cost
At 1 September 2024 and 31 August 2025	265,000
	---------
Depreciation
At 1 September 2024 and 31 August 2025	–
	---------
Carrying amount
At 31 August 2025	265,000
	---------
At 31 August 2024	265,000
	---------

Included within the above is investment property as follows:

	£
	---------
At 1 September 2024 and 31 August 2025	265,000
	---------

The directors consider the value of the investment property to be £265,000 at 31 August 2025 (2024 - £265,000). The basis of the valuation is fair value taking into account market conditions.

Tangible assets held at valuation

In respect of tangible assets held at valuation, the aggregate cost, depreciation and comparable carrying amount that would have been recognised if the assets had been carried under the historical cost model are as follows:

	£
At 31 August 2025
Aggregate cost	191,630
Aggregate depreciation	–
	---------
Carrying value	191,630
	---------

At 31 August 2024
Aggregate cost	191,630
Aggregate depreciation	–
	---------
Carrying value	191,630
	---------

5. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	23,209	7,664
Later than 1 year and not later than 5 years	51,196	30,656
Later than 5 years	484,202	316,140
	---------	---------
	558,607	354,460
	---------	---------

6. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

	2025
	Balance brought forward	Amounts repaid	Balance outstanding
	£	£	£
Mr A. Cashman	( 4,372)	2,000	( 2,372)
Mr P. Cashman	( 4,373)	2,000	( 2,373)
	-------	-------	-------
	( 8,745)	4,000	( 4,745)
	-------	-------	-------

	2024
	Balance brought forward	Amounts repaid	Balance outstanding
	£	£	£
Mr A. Cashman	( 6,872)	2,500	( 4,372)
Mr P. Cashman	( 6,873)	2,500	( 4,373)
	--------	-------	-------
	( 13,745)	5,000	( 8,745)
	--------	-------	-------

The above loans are interest free and repayable on demand.