REGISTERED NUMBER: 08360707 (England and Wales)

Financial Statements for the Year Ended 30 March 2025

for

James Riches Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Riches

N J Riches

Mrs K A Hill

SECRETARY:

Mrs E C Riches

REGISTERED OFFICE:

Unit 4D, Lansbury Business Estate

102 Lower Guildford Road

Knaphill

Woking

Surrey

GU21 2EP

REGISTERED NUMBER:

08360707 (England and Wales)

ACCOUNTANTS:

CSL Partnership Limited

Unit 4D, Lansbury Business Estate

102 Lower Guildford Road

Knaphill

Woking

Surrey

GU21 2EP

FIXED ASSETS

Property, plant and equipment

4

127,764

170,350

CURRENT ASSETS

Debtors

5

21,389

46,162

Cash at bank

239,466

235,731

260,855

281,893

CREDITORS

Amounts falling due within one year

6

(179,656

)

(186,071

)

NET CURRENT ASSETS

81,199

95,822

TOTAL ASSETS LESS CURRENT LIABILITIES

208,963

266,172

CREDITORS

Amounts falling due after more than one year

7

(32,538

)

(79,135

)

PROVISIONS FOR LIABILITIES

(15,030

)

(20,148

)

NET ASSETS

161,395

166,889

CAPITAL AND RESERVES

Called up share capital

110

110

Retained earnings

161,285

166,779

SHAREHOLDERS' FUNDS

161,395

166,889

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 March 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 17 December 2025 and were signed on its behalf by:

N J Riches - Director

1.	STATUTORY INFORMATION

James Riches 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.

Revenue

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.

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.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 31 March 2024

and 30 March 2025

231,921

1,347

216,105

10,386

459,759

DEPRECIATION

At 31 March 2024

158,459

771

123,855

6,324

289,409

Charge for year

18,365

144

23,062

1,015

42,586

At 30 March 2025

176,824

915

146,917

7,339

331,995

NET BOOK VALUE

At 30 March 2025

55,097

432

69,188

3,047

127,764

At 30 March 2024

73,462

576

92,250

4,062

170,350

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.3.25

30.3.24

£

£

Trade debtors

3,731

12,760

Amounts recoverable on contract

-

18,336

Other debtors

17,658

15,066

21,389

46,162

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.3.25

30.3.24

£

£

Hire purchase contracts

43,581

43,440

Trade creditors

39,158

49,301

Taxation and social security

56,166

44,731

Other creditors

40,751

48,599

179,656

186,071

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.3.25

30.3.24

£

£

Hire purchase contracts

32,538

79,135