| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 |
| FOR |
| RICHARDS FAMILY INVESTMENTS LLP |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 |
| FOR |
| RICHARDS FAMILY INVESTMENTS LLP |
| RICHARDS FAMILY INVESTMENTS LLP (REGISTERED NUMBER: OC366389) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 5 APRIL 2025 |
| Page |
| Balance Sheet | 1 |
| Notes to the Financial Statements | 3 |
| RICHARDS FAMILY INVESTMENTS LLP (REGISTERED NUMBER: OC366389) |
| BALANCE SHEET |
| 5 APRIL 2025 |
| 5.4.25 | 5.4.24 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investments | 4 |
| Investment property | 5 |
| CURRENT ASSETS |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| and |
| NET ASSETS ATTRIBUTABLE TO MEMBERS |
5,112,868 |
4,644,018 |
| LOANS AND OTHER DEBTS DUE TO MEMBERS |
7 |
2,158,333 |
1,849,146 |
| MEMBERS' OTHER INTERESTS |
| Capital accounts | 2,954,535 | 2,794,872 |
| 5,112,868 | 4,644,018 |
| TOTAL MEMBERS' INTERESTS |
| Loans and other debts due to members | 7 | 2,158,333 | 1,849,146 |
| Members' other interests | 2,954,535 | 2,794,872 |
| 5,112,868 | 4,644,018 |
| The members acknowledge their responsibilities for: |
| (a) | ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP. |
| RICHARDS FAMILY INVESTMENTS LLP (REGISTERED NUMBER: OC366389) |
| BALANCE SHEET - continued |
| 5 APRIL 2025 |
| The financial statements were approved by the members of the LLP and authorised for issue on |
| RICHARDS FAMILY INVESTMENTS LLP (REGISTERED NUMBER: OC366389) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 5 APRIL 2025 |
| 1. | STATUTORY INFORMATION |
| Richards Family Investment LLP is registered in England and Wales, registration number OC366389. The registered office is Broughton House, Hollies Hill, Belbroughton, Stourbridge, West Midlands, DY9 9TS. |
| The financial statements are presented in sterling , which is the functional currency of the LLP. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Investment property |
| Investment properties are included in the balance sheet at fair value. Gains are recognized in the profit and loss account. |
| Shares in group undertakings and participating interests |
| Investments in group undertakings are recognised at cost |
| 3. | EMPLOYEE INFORMATION |
| The average number of employees during the year was |
| 4. | FIXED ASSET INVESTMENTS |
| Shares in |
| group |
| undertakings |
| £ |
| COST OR VALUATION |
| At 6 April 2024 |
| Revaluations |
| At 5 April 2025 |
| NET BOOK VALUE |
| At 5 April 2025 |
| At 5 April 2024 |
| RICHARDS FAMILY INVESTMENTS LLP (REGISTERED NUMBER: OC366389) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 5 APRIL 2025 |
| 4. | FIXED ASSET INVESTMENTS - continued |
| Cost or valuation at 5 April 2025 is represented by: |
| Shares in |
| group |
| undertakings |
| £ |
| Valuation in 2020 | (2,000,000 | ) |
| Valuation in 2024 | 1,700,000 |
| Valuation in 2025 | 300,000 |
| Cost | 4,800,000 |
| 4,800,000 |
| 5. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 6 April 2024 |
| Additions |
| At 5 April 2025 |
| NET BOOK VALUE |
| At 5 April 2025 |
| At 5 April 2024 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 5.4.25 | 5.4.24 |
| £ | £ |
| Other creditors |
| 7. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
| Loans and other debts due to members rank pari passu with other creditors. |