REGISTERED NUMBER: 14002129 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

Richardson Investments Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

B Richardson

REGISTERED OFFICE:

317 Brentwood Road

Romford

Essex

RM2 5SX

REGISTERED NUMBER:

14002129 (England and Wales)

ACCOUNTANTS:

Parker Cavendish

Chartered Accountants

Suite 301, Stanmore Business

and Innovation Centre

Howard Road

Stanmore

Middlesex

HA7 1FW

FIXED ASSETS

Investment property

4

368,180

368,180

CURRENT ASSETS

Debtors

5

5,440

5,440

Cash at bank

3,404

12,386

8,844

17,826

CREDITORS

Amounts falling due within one year

6

(187,783

)

(187,249

)

NET CURRENT LIABILITIES

(178,939

)

(169,423

)

TOTAL ASSETS LESS CURRENT LIABILITIES

189,241

198,757

CREDITORS

Amounts falling due after more than one year

7

(158,870

)

(184,658

)

NET ASSETS

30,371

14,099

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

30,271

13,999

30,371

14,099

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 December 2025 and were signed by:

B Richardson - Director

1.	STATUTORY INFORMATION

Richardson Investments Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention, modified to include investment properties at fair value.

Turnover

Turnover represents rent receivable. Income is recognised over the period of the tenancy agreement.

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 Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 1 (2024 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

368,180

NET BOOK VALUE

At 31 March 2025

368,180

At 31 March 2024

368,180

The fair value of the investment property has been arrived at on the basis of a valuation carried out at 31 March 2025 by the director of the company. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

If investment property was stated on a historical cost basis rather than that of the fair value basis, the amount recognised in the accounts would also have been £368,180.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

5,440

5,440

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

16,787

16,787

Taxation and social security

3,817

3,284

Other creditors

167,179

167,178

187,783

187,249

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

158,870

184,658

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

91,722

117,510

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

175,657

201,445

There is a fixed charge over the company's investment property in favour of the company's bankers.

9.	RELATED PARTY DISCLOSURES

Included within other creditors at the year end is an amount of £1,098 (2024: £1,098) due to the director, B Richardson. The loan has been provided unsecured, interest free and is repayable on demand.

Also included within other creditors at the year end is an amount of £165,181 (2024: £165,181) due to NC Range Site Limited, a company in which B Richardson is a director. This amount has been provided unsecured, interest free and is repayable on demand.

Included within trade debtors at the year end is an amount of £5,440 (2024: £5,440) due from NC Range Site Limited in regards to rental income. Rental income receivable from NC Range Site Limited in the year amounted to £32,640 (2024: £32,640) and has been charged at a commercial rate.