Rich & Carr Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 07886549

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets			111,271		147,968
Tangible Assets	4		58,754		44,912

			170,025		192,880
CURRENT ASSETS
Stocks and work-in progess		200,400		285,000
Debtors	5	493,573		517,445
Cash at bank and in hand		29,910,164		20,105,757

		30,604,137		20,908,202
Creditors: Amounts Falling Due Within One Year	6	(30,280,001 )		(20,736,762 )

NET CURRENT ASSETS (LIABILITIES)			324,136		171,440

TOTAL ASSETS LESS CURRENT LIABILITIES			494,161		364,320

Creditors: Amounts Falling Due After More Than One Year	7		(1,667 )		(5,895 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(14,690 )		(11,229 )

NET ASSETS			477,804		347,196

CAPITAL AND RESERVES
Called up share capital	8		120		120
Profit and Loss Account			477,684		347,076

SHAREHOLDERS' FUNDS			477,804		347,196

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Rich & Carr Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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

Mr M A Tildesley

Director

27 November 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Rich & Carr Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07886549 . The registered office is Assurance House, 24 Rutland Street, Leicester, Leicestershire, LE1 1RD.

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, excluding discounts, rebates, value added tax and other sales taxes.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life.

2.4. Tangible Fixed Assets and Depreciation

Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using

either a straight line or reducing balance method, as indicated below.

Depreciation is provided on the following basis:

Fixtures & Fittings	15% per annum on net book amount
Computer Equipment	33.3% per annum on cost

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

Taxation for the year comprises current and deferred 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 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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Rich & Carr Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.7. Debtors

Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

2.8. Creditors

Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 51 (2024: 56)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	114,161	9,615	123,776
Additions	3,725	29,873	33,598

As at 31 March 2025	117,886	39,488	157,374

Depreciation
As at 1 April 2024	73,667	5,197	78,864
Provided during the period	6,635	13,121	19,756

As at 31 March 2025	80,302	18,318	98,620

Net Book Value
As at 31 March 2025	37,584	21,170	58,754

As at 1 April 2024	40,494	4,418	44,912

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	399,752	379,640
Other debtors	93,821	137,805

	493,573	517,445

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	16,545	18,464
Bank loans and overdrafts	78,600	168,556
Other creditors	29,787,662	20,236,190
Taxation and social security	397,194	313,552

	30,280,001	20,736,762

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Rich & Carr Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	1,667	5,895

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	120	120

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