Richardson Hotels Holdings Limited

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

Registered number: 07818936

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		260,000		260,000
Investment Properties	5		366,360		-
Investments	6		650,100		650,100

			1,276,460		910,100
CURRENT ASSETS
Stocks	7	520,567		1,648,837
Debtors	8	4,582,288		3,841,783
Cash at bank and in hand		619		-

		5,103,474		5,490,620
Creditors: Amounts Falling Due Within One Year	9	(11,493 )		(2,000 )

NET CURRENT ASSETS (LIABILITIES)			5,091,981		5,488,620

TOTAL ASSETS LESS CURRENT LIABILITIES			6,368,441		6,398,720

NET ASSETS			6,368,441		6,398,720

CAPITAL AND RESERVES
Called up share capital	10		110,000		110,000
Share premium account			5,095,000		5,095,000
Profit and Loss Account			1,163,441		1,193,720

SHAREHOLDERS' FUNDS			6,368,441		6,398,720

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Richardson Hotels Holdings 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 Eric Keith Richardson

Director

31 December 2025

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

1. General Information

Richardson Hotels Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07818936 . The registered office is C/O Richardson & Co, 13 Oxford Road, Altrincham, WA14 2DY.

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,

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold

Not provided

The Company has a policy of ensuring all properties are maintained to suitable standard. The directors consider therefore that depreciation

Is not required.

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

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. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

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Richardson Hotels Holdings Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost
As at 1 April 2024	260,000

As at 31 March 2025	260,000

Net Book Value
As at 31 March 2025	260,000

As at 1 April 2024	260,000

5. Investment Property

	2025
	£
Fair Value
As at 1 April 2024	-
Additions	366,360

As at 31 March 2025	366,360

Investment properties added during the year are leasehold with a 999 Year lease. The Freehold is held by its subsidiary Municipal Chambers Ltd - Company Number 15119631.

6. Investments

	Subsidiaries
	£
Cost or Valuation
As at 1 April 2024	650,100
Additions	99
Disposals	(99 )

As at 31 March 2025	650,100

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	650,100

As at 1 April 2024	650,100

Valuation of Investments

Investments in subsidiaries are measured at cost less accumulated impairment.

7. Stocks

	2025	2024
	£	£
Work in progress	520,567	1,648,837

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Richardson Hotels Holdings Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

8. Debtors

	2025	2024
	£	£
Due within one year
Amounts owed by group undertakings	4,582,237	3,782,029
Other debtors	51	59,754

	4,582,288	3,841,783

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs and are measured subsequently at amortised cost using the effective interest method, less any impairment.

9. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	11,493	-
Other creditors	-	2,000

	11,493	2,000

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans are measured initially at fair value, net of transaction costs and are measured subsequently at amortised cost using the effective interest method.

The Company is party to a debenture registered by the Director, EK Richardson which consitutes a fixed and floating charge over all the assets of the Company.

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	110,000	110,000

11. Related Party Transactions

The Company was under the control of EK Richardson (director) throughout the current period.

The Company has taken advantage of the exemptions in FRS8 not to disclose transactions with other members of the group.

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