Richard James Estate Agents Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05101445 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

RICHARD JAMES ESTATE AGENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J A Goldsobel

Mr R D L Power

REGISTERED OFFICE:

55 Loudoun Road

St John's Wood

London

NW8 0DL

REGISTERED NUMBER:

05101445 (England and Wales)

ACCOUNTANTS:

MGR SD Limited

Chartered Accountants

55 Loudoun Road

St John's Wood

London

NW8 0DL

FIXED ASSETS

Tangible assets

4

40,706

47,624

CURRENT ASSETS

Debtors

5

108,612

111,606

Cash at bank

241,337

228,118

349,949

339,724

CREDITORS

Amounts falling due within one year

6

(134,033

)

(102,798

)

NET CURRENT ASSETS

215,916

236,926

TOTAL ASSETS LESS CURRENT LIABILITIES

256,622

284,550

CREDITORS

Amounts falling due after more than one
year

7

(2,349

)

(13,220

)

NET ASSETS

254,273

271,330

CAPITAL AND RESERVES

Called up share capital

9

1,000

Retained earnings

253,273

270,330

SHAREHOLDERS' FUNDS

254,273

271,330

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 December 2025 and were signed on its behalf by:

Mr J A Goldsobel - Director

Mr R D L Power - Director

1.	STATUTORY INFORMATION

Richard James Estate Agents 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 commissions earned, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

5% Straight line

Fixtures and fittings

-

25% on reducing balance

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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 balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

property

fittings

Totals

£

COST

At 1 May 2024

and 30 April 2025

28,500

39,028

67,528

DEPRECIATION

At 1 May 2024

2,850

17,054

19,904

Charge for year

1,425

5,493

6,918

At 30 April 2025

4,275

22,547

26,822

NET BOOK VALUE

At 30 April 2025

24,225

16,481

40,706

At 30 April 2024

25,650

21,974

47,624

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

Trade debtors

33,570

28,385

Amounts owed by related party

58,464

61,464

Other debtors

16,578

21,757

108,612

111,606

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

Bank loans and overdrafts (see note 8)

10,648

10,000

Trade creditors

2,812

3,187

Taxation and social security

115,493

85,803

Other creditors

5,080

3,808

134,033

102,798

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

Bank loans (see note 8)

2,349

13,220

8.

LOANS

An analysis of the maturity of loans is given below:

30.4.25

30.4.24

£

Amounts falling due within one year or on demand:

Bank loans

10,648

10,000

Amounts falling due between two and five years:

Bank loans - 2-5 years

2,349

13,220

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

800

Ordinary

£1

800

200

Ordinary A

£1

200

1,000

The Ordinary shares and Ordinary-A shares are separate classes of shares and carry separate rights to

dividends but in all other respects rank pari passu.

10.	RELATED PARTY DISCLOSURES

Included in debtors is an amount of £58,464 (2024: £61,464) owed by Ricjam Limited, a company related by virtue of common shareholding.